Currenex, the online multi-bank global currency exchange, received regulatory approval from the Securities and Futures Authority (SFA) of the United Kingdom to conduct its business operations in the UK. As a result of this approval, the company is also now authorized to ‘passport’, or conduct its services, in the other countries of the European Economic Area. The eighteen EEA countries are: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, Liechtenstein, Netherlands, Norway, Portugal, Spain, Sweden, and the United Kingdom.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.