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The FCA has fined Russel Gerrity £309,843 for using inside information to net himself £128,765. As a consultant, Mr Gerrity had access to information about whether oil and gas had been discovered during the drilling of wells. Between October 2018 and January 2022, he took advantage of this and used inside information to buy shares in Chariot Oil & Gas Limited and Eco (Atlantic) Oil and Gas Plc ahead of announcements that increased their price.   On another occasion, he used inside information to avoid a loss. He sold shares that he already owned ahead of an announcement that no oil or gas had been found, which then resulted in a price fall.     The FCA was initially notified of some of Mr Gerrity’s trading through Suspicious Transaction and Order Reports (STORs) submitted by a firm, showing the vital role of industry in uncovering market abuse.   During its subsequent investigation, the FCA’s systems detected further suspicious trades placed by Mr Gerrity, over multiple accounts with different brokers, while he was based outside of the UK.     Steve Smart, executive director of enforcement and market oversight at the FCA, said: 'Mr Gerrity abused his position to line his own pockets. We will take action against those who damage the integrity of our markets, and seek to recover any ill-gotten gains.’  Background Final Notice 2025: Russel Gerrity (PDF). Mr Gerrity engaged in insider dealing in breach of Article 14(a) of the UK Market Abuse Regulations.   Mr Gerrity agreed to solve this matter and qualified for a 30% (stage 1) discount under the FCA’s settlement procedures. Were it not for this discount, the FCA would have imposed a financial penalty of £387,448. Tackling financial crime is a priority under the FCA's 5-year strategy. The FCA enables a fair and thriving financial services market for the good of consumers and the economy. Find out more about the FCA.

LSEG announces it has purchased the following number of its ordinary shares of 679/86 pence each from Citigroup Global Markets Limited ("Citi") on the London Stock Exchange as part of its share buyback programme, as announced on 04 November 2025. Date of purchase: 15 January 2026 Aggregate number of ordinary shares purchased: 110,373 Lowest price paid per share: 8,968.00p Highest price paid per share: 9,112.00p Average price paid per share: 9,060.20p   LSEG intends to cancel all of the purchased shares. Following the cancellation of the repurchased shares, LSEG has 509,278,236 ordinary shares of 679/86 pence each in issue (excluding treasury shares) and holds 21,451,599 of its ordinary shares of 679/86 pence each in treasury. Therefore, the total voting rights in the Company will be 509,278,236. This figure for the total number of voting rights may be used by shareholders (and others with notification obligations) as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (as such legislation forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018, as implemented, retained, amended, extended, re-enacted or otherwise given effect in the United Kingdom from 1 January 2021 and as amended or supplemented in the United Kingdom thereafter), a full breakdown of the individual purchases by Citi on behalf of the Company as part of the buyback programme can be found at: http://www.rns-pdf.londonstockexchange.com/rns/1354P_1-2026-1-15.pdf This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. Schedule of Purchases Shares purchased:       110,373 (ISIN: GB00B0SWJX34) Date of purchases:      15 January 2026 Investment firm:         Citi Aggregate information: Venue Volume-weighted average price Aggregated volume Lowest price per share Highest price per share London Stock Exchange 9,060.20 110,373 8,968.00 9,112.00 Turquoise        

Mr Chee Hong Tat, Minister for National Development and Deputy Chairman of MASMr Yeoh Oon Jin, Chairman of SIDBoard chairs from SGX-listed companiesDistinguished guestsLadies and Gentlemen 1.    Good morning, and thank you for joining us at the SGX IPO Arena. 2.    This venue is where many entrepreneurs have struck the gong to mark their companies’ entry into the public markets. 3.    But as we all know, the IPO is not the finish line; it is the starting point of a much longer journey. Why the Guild Matters 4.    Today, as we launch the SID Chairpersons’ Guild, we recognise that listed companies exist not just for their controlling shareholders, but for their entire investor base. 5.    These investors expect companies to create sustainable value, and that requires strong leadership at the very top. 6.    As the CEO of a listed company, I can attest to the difference that wise counsel makes. 7.    At SGX, I have been fortunate to learn from three very distinguished chairmen – Mr Chew Choon Seng, Mr Kwa Chong Seng and our current chairman, Mr Koh Boon Hwee, all of whom have provided invaluable perspectives to my management team and me. 8.    But not every board or CEO has access to such guidance. That is why this Guild matters: it creates a trusted space for chairs to share insights, exchange ideas, and mentor one another, so that every company can benefit from leadership excellence. Connecting to the National Agenda 9.    This initiative aligns closely with the broader Value Unlock agenda that Minister Chee announced in November. 10.    This is a national effort to strengthen governance, sharpen strategy, and enhance investor confidence. The Guild is a cornerstone of this vision. 11.    By uplifting board leadership, we reinforce Singapore’s reputation for trusted, forward-looking companies. Looking Ahead 12.    Through the Guild’s forums and peer-learning opportunities, chairs will be able to engage with global experts, regulators and investors – building the capabilities needed to navigate complexity and unlock long-term value. 13.    This is how we move from compliance to true competitiveness, from meeting expectations to shaping the future. Closing 14.    On this note, I congratulate SID for driving this initiative and thank all of you for being part of this journey. 15.    Together, let’s make the Chairpersons’ Guild not just a network, but a force for excellence – one that complements national efforts and sets new benchmarks for governance and value creation. 16.    Thank you.

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2025.  The next release, which will report on data for December 2025, is scheduled for February 18, 2026.  The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $212.0 billion.  Of this, net foreign private inflows were $167.2 billion, and net foreign official inflows were $44.9 billion. Foreign residents increased their holdings of long-term U.S. securities in November; their net purchases were $221.8 billion.  Net purchases by private foreign investors were $157.8 billion, and net purchases by foreign official institutions were $64.0 billion. U.S. residents increased their holdings of long-term foreign securities, with net purchases of $1.6 billion. After including adjustments, such as estimated foreign portfolio acquisitions of U.S. stocks through stock swaps, overall net foreign purchases of long-term securities are estimated to have been $220.2 billion in November. Foreign residents increased their holdings of U.S. Treasury bills by $0.4 billion.  Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $6.5 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $1.7 billion. Complete data are available on the Treasury website here.  ###   About TIC Data The monthly data on holdings of long-term securities, as well as the monthly table on Major Foreign Holders of Treasury Securities, reflect foreign holdings of U.S. securities collected primarily on the basis of custodial data.  These data help provide a window into foreign ownership of U.S. securities, but they cannot attribute holdings of U.S. securities with complete accuracy.  For example, if a U.S. Treasury security purchased by a foreign resident is held in a custodial account in a third country, the true ownership of the security will not be reflected in the data.  The custodial data will also not properly attribute U.S. Treasury securities managed by foreign private portfolio managers who invest on behalf of residents of other countries.  In addition, foreign countries may hold dollars and other U.S. assets that are not captured in the TIC data.  For these reasons, it is difficult to draw precise conclusions from TIC data about changes in the foreign holdings of U.S. financial assets by individual countries. TIC Release for January       TIC Monthly Reports on Cross-Border Financial Flows       (Billions of dollars, not seasonally adjusted)                 12 Months Through                     2023 2024 Nov-24 Nov-25 Aug Sep Oct Nov     Foreigners' Acquisitions of Long-Term Securities                                             1     Gross U.S. Sales of Domestic U.S. Securities 52720.3 70193.6 68814.6 86425.9 6932.8 7768.4 8105.6 7846.2 2     Gross U.S. Purchases of Domestic U.S. Securities 51631.2 69008.8 67663.0 84856.7 6752.4 7563.4 8053.1 7624.3 3     Domestic Securities, net U.S. sales (line 1 less line 2) /1 1089.1 1184.9 1151.5 1569.2 180.4 205.0 52.6 221.8                             4       Private, net /2 955.5 1190.3 1077.6 1613.0 195.8 207.2 62.7 157.8 5         Treasury Bonds & Notes, net 544.5 516.6 503.0 475.0 57.1 43.7 -35.3 52.4 6         Gov't Agency Bonds, net 169.3 127.2 122.4 115.2 21.6 15.1 20.4 -10.9 7         Corporate Bonds, net 269.5 264.3 246.8 359.2 25.9 32.4 24.6 47.2 8         Equities, net -27.9 282.2 205.4 663.6 91.2 115.9 53.1 69.1                             9       Official, net /3 133.6 -5.5 73.9 -43.8 -15.4 -2.1 -10.1 64.0 10         Treasury Bonds & Notes, net 53.0 -26.8 37.0 -52.9 -8.7 -16.3 -24.8 33.2 11         Gov't Agency Bonds, net 40.0 -44.2 -42.9 -55.8 -7.6 -5.5 5.6 -2.6 12         Corporate Bonds, net 23.8 40.2 42.0 39.7 3.5 2.8 1.7 10.3 13         Equities, net 16.8 25.3 37.8 25.2 -2.6 16.9 7.3 23.1                             14     Gross U.S. Sales of Foreign Securities 13799.3 18304.9 17872.7 22560.9 1817.5 2144.2 2137.6 2044.5 15     Gross U.S. Purchases of Foreign Securities 13883.7 18713.7 18264.5 22859.0 1865.0 2171.7 2159.2 2046.1 16     Foreign Securities, net U.S. sales (line 14 less line 15) /4 -84.4 -408.8 -391.9 -298.1 -47.5 -27.5 -21.6 -1.6 17         Foreign Bonds, net -89.0 -260.3 -245.3 -208.4 -14.9 -11.7 -37.1 -11.3 18         Foreign Equities, net 4.6 -148.5 -146.6 -89.7 -32.7 -15.8 15.4 9.7                             19     Net Long-Term Securities Transactions (lines 3 and 16): 1004.7 776.1 759.7 1271.1 132.8 177.5 30.9 220.2                             20     Other Acquisitions of Long-Term Securities, net /5 -9.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0                             21   Net Foreign Acquisition of Long-Term Securities                           (lines 19 and 20): 995.5 776.1 759.7 1271.1 132.8 177.5 30.9 220.2                             22   Increase in Foreign Holdings of Dollar-Denominated Short-Term                           U.S. Securities and Other Custody Liabilities: /6 -104.3 196.5 145.6 230.4 12.1 -8.3 21.5 -6.5 23     U.S. Treasury Bills 133.1 222.3 201.2 171.8 24.8 -21.3 21.8 0.4 24       Private, net 121.8 165.3 142.5 90.8 23.1 18.6 7.0 1.0 25       Official, net 11.3 57.0 58.7 80.9 1.7 -40.0 14.8 -0.6 26     Other Negotiable Instruments                           and Selected Other Liabilities: /7 -237.4 -25.8 -55.6 58.6 -12.7 13.0 -0.4 -6.8 27       Private, net -221.0 -27.8 -61.2 64.9 -10.6 14.9 -0.5 -6.0 28       Official, net -16.4 1.9 5.6 -6.2 -2.2 -1.9 0.1 -0.8                             29   Change in Banks' Own Net Dollar-Denominated Liabilities -51.4 245.8 230.0 -83.7 27.2 9.0 -74.8 -1.7                             30 Monthly Net Dollar-Denominated Portfolio Inflows (lines 21, 22, and 29) /8 /9 839.8 1218.4 1135.3 1417.9 172.1 178.2 -22.5 212.0     of  which                   31     Private, net 667.9 1087.1 894.7 1469.3 210.1 201.7 -3.2 167.2 32     Official, net 171.9 131.2 240.6 -51.4 -38.0 -23.5 -19.2 44.9                                                         /1     Net U.S. sales = Net foreign purchases of U.S. securities (+).                 /2     Includes international and regional organizations.                 /3     The reported division of net U.S. sales of long-term securities between net sales to foreign official institutions and net sales               to other foreign investors is subject to a "transaction bias" described in Frequently Asked Questions 7 and 10.a.4 on the TIC website.   /4     Net transactions in foreign securities by U.S. residents. Foreign purchases of foreign securities = U.S. sales of foreign securities to foreigners.           Thus negative entries indicate net U.S. purchases of foreign securities, or an outflow of capital from the United States; positive entries           indicate net U.S. sales of foreign securities.                 /5     Minus estimated unrecorded principal repayments to foreigners on domestic corporate and agency asset-backed securities (zero after Jan. 2023) +          estimated foreign acquisitions of U.S. equity through stock swaps - estimated U.S. acquisitions of foreign equity through stock swaps +           increase in nonmarketable Treasury Bonds and Notes Issued to Official Institutions and Other Residents of Foreign Countries.      /6     These are primarily data on monthly changes in banks' and broker/dealers' custody liabilities. Data on custody claims are collected             quarterly and published in the TIC website.                 /7     "Selected Other Liabilities" are primarily the foreign liabilities of U.S. customers that are managed by U.S. banks or broker/dealers.     /8     TIC data cover most components of international financial flows, but do not include data on direct investment flows, which are collected           and published by the Department of Commerce's Bureau of Economic Analysis. In addition to the monthly data summarized here, the           TIC collects quarterly data on some banking and nonbanking assets and liabilities. Frequently Asked Question 1 on the TIC website           describes the scope of TIC data collection.                 9/      Series break at February 2023 for lines 1-21 and the dependent lines 30-32; see TIC press releases of March 15 and April 15, 2023.

Investors may be eligible to file a claim with respect to $300,000 recovered from David Cartu, carrying on business as UKTVM Ltd. and Greymountain Management Limited (Collectively, the Cartu Corporations). All claims must be filed on or before March 6, 2026. Under a Settlement Agreement >with the Ontario Securities Commission (OSC), dated May 18, 2021, David Cartu admitted that he contravened Ontario securities law by permitting the Cartu Corporations to indirectly facilitate trading by Ontario investors in binary options. David Cartu agreed to pay the OSC an administrative penalty of $300,000. The Ontario Superior Court of Justice made an order appointing BDO Canada Limited (BDO) as receiver (Receiver) of these funds and authorized the Receiver to implement a claims process for persons residing in Ontario who made payments to the Cartu Corporations to trade in binary options. What investors need to know Who is eligible to make a claim: Persons residing in Ontario who made payments to the Cartu Corporations between approximately July 2013 and April 2017 to trade in binary options. How to make a claim: Any eligible investor who has not already received a Notice of Claim from the Receiver, please visit BDO's website. Deadline to file a claim: Eligible investors must file their claim by 5:00 p.m. (Eastern Standard Time) on March 6, 2026. Claims that are not received on or before March 6, 2026 will not be permitted. Questions: Investors who have questions should visit BDO’s website or contact Jessie Hue or Tony Montesano of the Receiver’s office by telephone at (647) 577-4366 or (416) 775-7821, respectively, or by email at greymountaininvestors@bdo.ca. To maximize recovery for investors, the costs of this receivership are being funded by an allocation from sanction and settlement funds held by the OSC. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.ca.

The Office of the Comptroller of the Currency (OCC) today released enforcement actions for January 2026. The OCC uses enforcement actions against an institution-affiliated party (IAP) to deter, encourage correction of, or prevent violations, unsafe or unsound practices, or breaches of fiduciary duty. Enforcement actions against IAPs reinforce the accountability of individuals for their conduct regarding the affairs of a bank. The term “institution-affiliated party,” or IAP, is defined in 12 USC 1813(u) and includes bank directors, officers, employees, and controlling shareholders. Orders of Prohibition prohibit an individual from any participation in the affairs of a bank or other institution as defined in 12 USC 1818(e)(7). The OCC has taken the following actions against IAPs: Order of Prohibition against Tamim Haidar, Branch Operations Associate Manager at a Union City, California, branch of Wells Fargo Bank, N.A., Sioux Falls, South Dakota, for embezzling over $800,000 in bank funds and falsifying bank records. (Docket No. AA-ENF-2024-80) The OCC terminates enforcement actions when a bank has demonstrated compliance with all articles of an enforcement action; or when the OCC determines that articles deemed “not in compliance” have become outdated or irrelevant to the bank’s current circumstances; or when the OCC incorporates the articles deemed “not in compliance” into a new action. Termination actions include: Order Terminating the Cease and Desist Order against Clear Fork Bank, N.A., Albany, Texas, dated October 8, 2024 (Docket No. AA-ENF-2024-82). (Docket No. AA-SO-2025-66) Order Terminating the Formal Agreement with Dearborn FSB, Dearborn, Michigan, dated January 16, 2025 (Docket No. AA-CE-2025-02). (Docket No. AA-CE-2025-67) Order Terminating the Formal Agreement with The Fairfield National Bank, Fairfield, Illinois, dated November 12, 2024 (Docket No. AA-CE-2024-90). (Docket No. AA-CE-2025-68) Order Terminating the Cease and Desist Order against Mission National Bank, San Francisco, California, dated April 14, 2020 (Docket No. AA-WE-2020-16). (Docket No. AA-WE-2025-55). Order Terminating the Cease and Desist Order against The Upstate National Bank, Ogdensburg, New York, dated November 16, 2023 (Docket No. AA-NE-2023-59). (Docket No. AA-NE-2025-65) To receive alerts for news releases announcing public OCC enforcement actions, subscribe to OCC Email Updates. All OCC public enforcement actions taken since August 1989 are available for download by viewing the searchable enforcement actions database at https://apps.occ.gov/EASearch. Related Link Enforcement Action Types

The California Public Employees’ Retirement System announced Monday that it has hired Shari Slate as its new Chief Diversity, Equity, and Inclusion Officer. Slate, a Sacramento area resident, has spent nearly two decades helping large companies work toward a purpose-driven culture that considers the needs and experiences of all employees, customers, and other stakeholders. Most recently, she served as Senior Vice President and Chief Diversity, Equity and Inclusion Officer at CVS Health, whose businesses include not only CVS drugstores but also pharmacy benefits management and Aetna health insurance. Prior to joining CVS, Slate was Chief Inclusion and Collaboration Officer and Senior Vice President at Silicon Valley giant Cisco Systems Inc., where she helped launch the Office of Inclusion and Collaboration in 2015. During Slate’s tenure at Cisco, she helped the company build a pipeline of talent across the full spectrum of diversity. Fortune Magazine recognized Cisco as No. 1 of the “World’s 25 Best Places to Work” in 2019 and 2020 and Fortune's 100 Best Companies to Work For® in the U.S. for three consecutive years: 2021, 2022, and 2023. At CalPERS, Slate will drive the ongoing effort to integrate diversity, equity, and inclusion across the organization and beyond with suppliers, contractors, and investment partners. She will be a member of the Executive Team and report directly to CEO Marcie Frost. “Shari brings the kind of leadership this moment calls for – connecting diversity, inclusion, and equity to trust, governance and our core values,” Frost said. “She will help CalPERS continue to lead with our purpose, which is to deliver the best outcomes for the millions of people who depend on us for their retirement and health care benefits.” Slate said she joined CalPERS because of “its clarity of purpose and the responsibility it carries.” “CalPERS shows up for people at one of the most important moments of their lives, when work ends and trust matters most,” she said. “I hope to ensure that CalPERS works for all the people it was built to serve – beginning with our people and extending to every member who depends on this system.” A graduate of Mills College, Slate began her career in sales and was an award-winning manager for Xerox Corp. before being hired at Sun Microsystems as one of the youngest diversity officers at a Fortune 500 company. She has served on numerous boards and councils, including the California State University Foundation Board of Governors and the World Economic Forum’s Global Future Council on Systemic Inequalities and Social Cohesion. Slate represented Cisco on the Business Roundtable’s Diversity & Inclusion Working Group after 181 CEOs redefined the purpose of a corporation to serve all stakeholders. She contributed to shaping the group’s view of DEI not as a standalone goal, but the connective tissue linking employee well-being, business performance, customer trust, supplier inclusion, and community impact.

Chris Mills has been promoted to Chief Commercial Officer (CCO) at Sage Capital Management. Chris joined the rapidly growing firm as Head of Digital Assets in May 2025, after an 18-year career at the Bank of England and over two years at JB Drax Honore. Since joining Sage Capital Management, Chris has worked closely with CEO, Nathan Sage across strategy, product development, liquidity distribution, and trade execution, playing a pivotal role in the firm’s continued expansion. In his new role as CCO, Chris will assume broader responsibility for sales, marketing, and business development, with Sage Capital Management’s newly appointed Sales Director, Jason Keogh reporting directly to him. Nathan Sage, CEO, Sage Capital Management said, “Chris has proved to be an exceptional hire. His depth of industry knowledge, strategic insight, and drive have resulted in huge strides for our business since he joined our team in May. Chris will play a key role in shaping our commercial strategy and driving our next growth phase as we continue to push boundaries and deliver value to every hedge fund, asset manager, trading firm and brokerage that chooses to work with us.” Chris Mills, CCO, Sage Capital Management added, “Joining Sage Capital Management has been incredibly rewarding. The business is fast-moving, entrepreneurial, and dynamic, with a highly talented team and a very clear vision to provide institutional clients with safe, secure, efficient and simple access to digital assets. I am looking forward to taking on this expanded role as we continue to evolve the business and scale our global offering.”

A summary of Deutsche Börse Group's business indicators for December 2025 is now available on the Deutsche Börse  website: Trading Statistics There you can also find the Excel file 'Major business figures' containing historic business indicators for the respective reporting segments.

The Bank for International Settlements has reviewed the content of the FX Global Code and acknowledges that the Code represents a set of principles generally recognised as good practice in the wholesale foreign exchange (FX) market. The BIS confirms that it acts as a market participant as defined by the Code, and is committed to conducting its FX market activities in a manner consistent with the principles of the Code. To this end, the BIS has taken appropriate steps, based on the size and complexity of its activities, and the nature of its engagement in the FX market, to align its activities with the principles of the Code. Related information FX Global Code

The Securities and Exchange Commission today announced that J. Russell “Rusty” McGranahan has been named SEC General Counsel. As the SEC’s chief legal officer, Mr. McGranahan will oversee the provision of legal expertise and advice to the Office of the Chairman, Commissioners, and agency staff. Jeffrey Finnell, who has served as Acting General Counsel, remains at the Commission as Deputy General Counsel. “I have known Rusty for many years and am excited to have recruited someone of his caliber and experience to my senior team. In addition to being a seasoned securities and M&A lawyer, he has served as both a public company and government agency general counsel. I expect Rusty to deploy these skills immediately across a wide range of priorities, including our initiatives to strengthen the capital markets and deliver on a robust rulemaking agenda,” said SEC Chairman Paul S. Atkins. “I thank Jeff for his service as Acting General Counsel,” Chairman Atkins continued. “I am pleased that he will continue serving at the Commission as Deputy General Counsel. His sound judgment and deep expertise in the securities laws are invaluable to the SEC.” Mr. McGranahan said, “It is an honor to have the opportunity to join the SEC and the Chairman’s senior team during this period of rapid technological and financial innovation. I look forward to working with my new SEC colleagues to embrace developments in a manner that responsibly fosters and maintains America’s preeminence in financial services and capital formation.” Mr. McGranahan’s career spans 30 years at a number of top companies and firms. He was recently the General Counsel of the U.S. General Services Administration (GSA), setting the course for a number of key initiatives during the first 10 months of this Administration. Prior to GSA, Mr. McGranahan was the General Counsel of Focus Financial Partners, a wealth management firm. He was with Focus Financial for nine years, leading the legal function through an explosive period of growth, including its IPO in 2018 and going private transaction in 2023. Before Focus Financial, Mr. McGranahan spent nine years with BlackRock, serving as Managing Director, M&A Counsel, and Corporate Secretary. Mr. McGranahan began his career at Skadden, Arps and at White & Case, and for three years was based in Eastern Europe where he worked on some of the first public offerings from the region. Mr. McGranahan earned his J.D. from Yale Law School and his B.A., summa cum laude, in Economics and Politics from the Catholic University of America. Mr. McGranahan has also earned the Chartered Financial Analyst (CFA) designation.

The Prudential Regulation Authority (PRA) has today published its supervisory priorities for 2026, outlining in a letter its sector-specific priorities for the coming year to all banks, building societies, insurers and other PRA-regulated firms. These include important plans to streamline the supervisory process by moving some supervisory activity, including Periodic Summary Meetings (PSMs), to a two-year cycle. These meetings are an internal, formal review led by the PRA to consider potential risks posed by a regulated firm to the PRA’s objectives, and to set the supervisory strategy for the coming period. Over recent years, the PRA has transitioned some firms to biennial review cycles, reflecting the longer-term nature of supervisory workplans and allowing firms and supervisors to focus resources more efficiently on identifying and remediating key risks. From 1 March larger firms will begin to move to this two-year cycle, while maintaining a regular cadence for discussion of important matters, alongside ad hoc supervisory meetings. This will result in firms having a more proportionate and efficient set of engagements with the PRA. The Priorities letters are designed to help firms understand the main areas of supervisory focus over the next year, addressing key risks in each sector while setting out the PRA’s priorities to support competition, competitiveness and growth. Other streamlining measures include: Accelerating timelines for reviewing senior manager applications, new firm authorisations and internal ratings-based model change pre-approval applications; Developing the new UK captive regime for insurers, through a summer 2026 consultation with a view to launch the new regime in 2027; And streamlining and modernising reporting requirements through the Future Banking Data project. Sam Woods, Deputy Governor for Prudential Regulation and Chief Executive Officer of the PRA, said: 'As we set out our priorities for 2026, we are also updating our approach by moving from an annual to a two-year supervisory cycle for firms. This will allow us to make our operations more efficient and help streamline firms’ interactions with the PRA.' These priorities build on the PRA’s extensive work to maintain stability and promote growth and competitiveness in the financial sector. Recent changes include: The removal of the Building Societies Sourcebook alongside new measures to support the growth of the mutuals sector; Simplifying capital requirements for smaller firms through Strong and Simple, while simultaneously introducing Basel 3.1 for larger firms; Supporting increased and rapid investment by insurance firms through the Matching Adjustment Investment Accelerator; And the introduction of Solvency UK, significantly cutting red tape for insurance firms. Background The UK Deposit Takers annual supervisory letter The ARTIS annual supervisory letter for international banks and investment firms The Insurance annual supervisory letter Further information on the PRA’s Approach to Supervision Supervisors will engage individually with firms in due course on what this means for the timing of each firm’s next PSM. The PSM process typically involves the PRA internally setting out the forward-looking supervisory strategy for individual firms, before a letter is shared with the firm’s board and management to outline its assessment of key risks, as well as any areas of focus, and request mitigating actions be taken where necessary.

TMX Group (TSX:X) Chief Executive Officer John McKenzie will present at the 2026 UBS Financial Services Conference on Monday, February 9, 2026, at 3:30p.m. - 4:10 p.m. ET. Mr. McKenzie will also present at the Bank of America Financial Services Conference on Tuesday, February 10, 2026, at 12:10 p.m. - 12:50 p.m. ET. A link to both webcasts will be available and archived in TMX's shareholder events section.

CME Group, the world's leading derivatives marketplace, today announced plans to expand its leading suite of regulated Cryptocurrency derivatives with the launch of Cardano (ADA), Chainlink (LINK) and Stellar (Lumens) futures on February 9, pending regulatory review. Market participants will have the choice to trade both micro-sized and larger-sized contracts: ADA futures (100,000 ADA) and Micro ADA futures (10,000 ADA) LINK futures (5,000 LINK) and Micro LINK futures (250 LINK) Lumens futures (250,000 Lumens) and Micro Lumens futures (12,500 Lumens) "Given crypto's record growth over the last year, clients are looking for trusted, regulated products to manage price risk as well as additional tools to gain exposure to this dynamic market," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. "With these new micro- and larger-size Cardano, Chainlink and Stellar futures contracts, market participants will now have greater choice with enhanced flexibility and more capital-efficiencies." "Wedbush recognizes the continued maturing of regulated crypto futures contract listings," said Bob Fitzsimmons, Executive Vice President, Wedbush Securities Inc. "We are happy to continue supporting CME Group's expansion of its product list, both for retail and institutional clients." "Digital assets are reaching a global inflection point as they become increasingly mainstream and more deeply integrated into investors' portfolios," said Martin Franchi, CEO of NinjaTrader. "Today's announcement from CME Group marks a watershed moment for the futures industry, creating more innovative and accessible on-ramps for traders seeking crypto exposure. As futures trading continues to grow in popularity among retail investors, we're excited to be part of this shift and to help provide traders with greater choice and flexibility. With demand for these products continuing to rise, we're thrilled to be part of this new frontier." "CME Group has yet again set the standard in innovation with their expansion into these offerings," said Justin Young, CEO and Co-Founder of Volatility Shares. "As one of the world's largest traders of crypto futures, Volatility Shares is excited to see more regulated financial products available for trading and risk management." Cardano, Chainlink and Stellar futures will join the company's rapidly expanding Cryptocurrency product suite, which includes Bitcoin, Ether, XRP and Solana futures and options on futures. 2025 trading highlights include: Record futures and options average daily volume (ADV) of 278,300 contracts ($12 billion notional) and record average open interest (OI) of 313,900 contracts ($26.4 billion notional) Record futures ADV of 272,200 contracts ($11.7 billion notional) and record average OI of 253,600 contracts ($21.4 billion notional) Record options ADV of 4,100 contracts ($231 million notional) and average OI of 60,400 contracts ($5 billion notional) For more information on these products, please visit: www.cmegroup.com/cryptolaunch.

Lingfeng Capital today announced the forthcoming launch of the Digital Venture Fund (DVF). DVF delivers a regulated, multi-chain tokenised venture fund providing institutional-level access to early-stage fintech and digital infrastructure opportunities. The fund will be launched on LSEG’s Digital Markets Infrastructure (DMI) platform during a London Stock Exchange market opening ceremony in March.  Designed as a next-generation venture product, DVF combines Lingfeng Capital’s established investment capability with LSEG’s digital markets infrastructure and Archax’s digital exchange and custody framework. Together, this creates an environment where traditional and digital-native investors can participate in the same venture strategy through modernised access rails enabled by distributed ledger technology. “DVF exists to prove that high-quality venture investing can be expanded by tokenised access,” said Brian McNulty, Partner, DVF at Lingfeng Capital. “Investors want diversification, they want innovation and they want regulated structures they can trust. We are now able to offer a product that stays firmly institutional while opening the door to new forms of participation and liquidity. This collaboration is an important milestone in connecting global capital to digital markets infrastructure.” “LSEG is pleased that Lingfeng Capital and DVF has chosen to use LSEG’s Digital Markets Infrastructure” said Darko Hajdukovic, Head of Digital Markets Infrastructure. "We’re excited to be working with such an innovative firm, offering professional investors access to exciting new investment opportunities through LSEG’s independent, trusted and scaled network.” Archax will provide regulated digital issuance, secondary-market connectivity and custody services, enabling DVF to offer optional token-based access while remaining fully compliant with institutional standards. “As the first FCA-regulated digital securities exchange, broker and custodian, we are uniquely positioned to provide compliant token issuance, secondary trading and custody within a single regulated environment. DVF showcases how real-world assets and digital rails can operate together to open new markets for investors without sacrificing oversight or trust.” said Graham Rodford, CEO and co-founder of Archax. DVF invests in fintech and digital-infrastructure companies through a traditional venture strategy, with the tokenised structure enabling modern distribution, improved efficiency and offers optional future liquidity. Digital-native investors will also be able to diversify into a fundamentals-driven venture fund through traditional channels. DVF represents the first institutional-grade venture product designed for cross-participation between traditional investors, digital-asset holders and blockchain foundations, with future phases enabling deeper network integration and expanded investor access.

Transaction Network Services (TNS) has expanded its global market data and infrastructure footprint in the Asia-Pacific (APAC) region by adding connectivity to the Japan Alternative Market (JAX). This new connection provides TNS customers with direct, managed access to JAX’s market data feeds, delivered across TNS’ extensive global network.JAX began operations in December 2024, adding a new trading venue to Japan’s equities market. Through TNS’ connectivity, global firms can access JAX market data and incorporate it into their trading and analytics workflows.“The rise of alternative trading venues like JAX represents a significant shift in the Asian financial landscape,” said Jeff Mezger, Vice President of Product Management, TNS. “JAX is a compelling success story, and by making its market data available to our global customer base, we are helping to lower the barriers to entry for firms looking to capitalize on this competitive shift.”While Asian exchanges often require bespoke broker connections for order routing and clearing, TNS simplifies market data access. Firms can leverage TNS’ expansive extranet, consisting of over 5,000 endpoints for local broker access, and can view JAX market data alongside other major exchanges via TNS’ low latency managed global network.“Partnering with TNS provides JAX with a direct link to a broad, international community of market participants,” said a JAX spokesperson. “Their global infrastructure and deep experience in market connectivity supports JAX’s continued growth as we build a more competitive trading environment in Japan.”The JAX integration reinforces TNS’ continued investment in expanding its APAC footprint and delivering reliable, low-latency market data to customers worldwide. TNS’ Japanese exchange portfolio also includes Japannext, Tokyo Financial Exchange (TFX) and the Japan Exchange Group (JPX), which encompasses the Tokyo Stock Exchange (TSE), Osaka Exchange (OSE), and Tokyo Commodity Exchange (TOCOM).

Agentic commerce is accelerating rapidly, reshaping how consumers discover, decide, and buy products and services online. Industry leaders forecast that a significant share of digital commerce will soon be agent-assisted: McKinsey projects that by 2030, agentic commerce could see between $3 trillion and $5 trillion in global retail value. As agentic commerce evolves, it faces a key challenge: securely integrating AI with complex payment systems simply.  New assets to power agentic commerce Worldline’s Model Context Protocol (MCP) servers on the Global Collect platform address this by acting as a secure bridge and translation layer between LLMs and Worldline’s APIs, enabling AI agents to initiate payment actions via natural language. For merchants, the MCP server unlocks innovation avenues and supports agent-initiated actions such as payment creation, refunds, status checks, and payment captures. It also enables AI-driven shopping by allowing agents to share secure payment links while maintaining security and compliance. The second capability is ConnectAI, a dedicated hub on its Documentation Site for developers and merchants to explore, build, test, and prepare for agentic commerce. ConnectAI brings together tools, documentation, and guidance for emerging agentic payment protocols. Stijn Gasthuys, Head of Global Commerce at Worldline, commented: “Agentic commerce will unlock new waves of innovation, helping merchants deliver better customer experiences. Our investments in this area position Worldline to capture a growing global market for AI-powered transactions, delivering secure, scalable infrastructure that empowers merchants and developers to innovate with confidence.” Gertjan Dewaele, VP of Product & Technology at Worldline, commented: “The shift to agentic commerce is underway, and MCP servers are the first building block for moving merchants from experimentation to real-world deployment. By providing secure, simple access to Worldline’s payment capabilities for AI agents, we enable the next generation of agentic commerce and streamline internal operations.” Worldline is actively shaping the future of agentic commerce by collaborating across the broader ecosystem with networks, tech leaders, AI platforms, and partners, laying the groundwork for secure, scalable agent-initiated payments. This includes active support for emerging standards such as Google’s Agent Payments Protocol (AP2) and Universal Commerce Protocol (UCP), with a strong focus on European regulatory and trusted requirements.

LSEG today announces the launch of a new digital settlement service, Digital Settlement House (LSEG DiSH), an open-access platform which enables programmatic and instantaneous settlement between independent payment networks, both on and off chain. Through commercial bank deposits held on the DiSH ledger (DiSH Cash), the service will enable the 24/7 instantaneous movement of commercial bank money in multiple currencies and jurisdictions, PVP and DVP, providing a real cash leg for FX and digital asset transactions and settlements. With LSEG DiSH, market participants will be able to conduct PvP or DvP and settlements using any asset, orchestrating payments on any connected network, digital and traditional. DiSH Cash, LSEG DiSH's ledger enabled commercial bank money solution, will operate accounts at commercial banks, providing members with instant ownership of a commercial bank deposit at any bank within the LSEG DiSH network, and a mechanism for the 24/7 movement of commercial bank money. LSEG DiSH can facilitate settlement on its own ledger, or act as notary to facilitate settlement in other networks and assets. By using LSEG DiSH, users can unlock trapped assets, enabling instantaneous use of cash, securities and digital assets 24/7. They will also be able to optimise liquidity through new tools that enable intraday borrowing and lending to better manage assets and obligations. The service also enables users to reduce settlement risk through reduced settlement timelines, synchronised settlement, and increased collateral availability. The launch follows a successful Proof of Concept (PoC) in collaboration with Digital Asset and a consortium of leading financial institutions, completing transactions on the Canton Network. Executed across multiple assets and currencies, the transactions leveraged commercial bank deposits at leading commercial banks, with ownership recorded on the LSEG DiSH ledger, enabling the PoC participants to instantaneously transfer commercial bank deposits. The deposits were tokenised on the Canton Network for use as a true cash leg of the transactions.  LSEG DiSH will operate through LSEG’s Post Trade Solutions business, utilising a trusted rulebook framework and account structure, supporting a broad network of members across multiple commercial banks and currencies. Instantaneous settlement of cash means that LSEG DiSH can offer dynamic management of intraday liquidity and funding, as well as 24/7 management of settlements and margin.  Daniel Maguire, Group Head, LSEG Markets and CEO, LCH Group, said: “LSEG DiSH expands the tokenised cash and cash like solutions available to the market, and for the first time, offers a real cash solution tokenised on the blockchain utilising cash in multiple currencies held at commercial banks. This innovative service will enable users to reduce settlement risk, and integrate existing cash, securities and digital assets across new and existing market infrastructure. We look forward to developing this service in partnership with the market.” 

Kristi Tange appointed as Group Chief Risk Officer Clare Weaver MBA, becomes Chief Legal Officer ClearToken, the digital financial market infrastructure firm, today announces two senior appointments to enhance its Senior Leadership Team and further strengthen its legal and risk functions. Kristi Tange has been appointed Group Chief Risk Officer, to lead governance, risk, and strategic oversight, including compliance, communications, and regulatory relations. She brings nearly three decades of experience at Goldman Sachs across operations, risk, and finance in the US, UK, and Japan. Most recently, Kristi served as Global Head of Operational Risk and Resilience at Goldman Sachs, where she led a strategic uplift of operational risk and UK resilience programmes. Previously, she headed Recovery and Resolution Planning, successfully filing two US Title I resolution plans. Her experience also includes enterprise risk, where she led risk identification, and senior leadership roles in operations across liquidity and collateral, client onboarding (including financial crimes), client assets, data, regulatory reporting, tax, derivatives, and treasury. Clare Weaver, MBA, has become Chief Legal Officer, where she will lead the Legal & Regulatory function for the Group, providing strategic legal and regulatory advisory support to the CEO and Boards and managing the Group’s legal affairs. Clare has been ClearToken’s legal counsel and Head of Legal & Regulatory and Company Secretary since inception in 2023. Clare brings over 20 years of experience across specialist Corporate, Commercial, M&A, fintech, and financial regulatory matters both in private practice and in industry, for more than 15 years deeply covering “general counsel” roles spanning all legal matters (including employment, commercial, corporate and finance). Clare previously established the Nomura Digital Office legal function and was founding interim CLO of Laser Digital (part of Nomura), before joining ClearToken in 2023. Maintaining developmental momentum These recent appointments are the latest milestones in ClearToken’s growth, as the company seeks to unlock the full potential of 24/7 digital markets by offering horizontal post-trade services with the legal certainty offered by a regulated financial market infrastructure (FMI). They are also important steps towards the company’s ambition to provide clearing and settlement services across digital asset markets for securities, derivatives and financing transactions. In 2025, ClearToken achieved FCA Authorisation to launch its delivery-versus-payment (DvP) settlement platform, selected Nasdaq as its technology partner, and launched CT Settle, its DvP settlement platform for digital assets. ClearToken is now proceeding with its formal application for authorisation from the Bank of England as a Central Counterparty (CCP). Benjamin Santos-Stephens, CEO of ClearToken, said: “We are delighted to welcome Kristi to ClearToken and congratulate Clare on her new role with us. These appointments build on the momentum we achieved in 2025 and are important milestones for us as we continue to build for the future. Such high calibre appointments bring with them a wealth of relevant experience and expertise and are welcome enhancements to our senior leadership team, as we continue with our strategy to create the world’s first clearing house and settlement depository for both tokenised traditional and digitally native assets.” Kristi Tange, Chief Risk Officer of ClearToken, commented: “It is a very exciting time to join ClearToken, which is well positioned to unify the traditional finance and digital assets worlds and unlock the massive potential of tokenisation. I am looking forward to working with the energetic and visionary team here to build the financial market infrastructure which will underpin the future of global, 24/7 markets.” Clare Weaver, Chief Legal Officer at ClearToken said: “Having worked with ClearToken well before joining full time in 2023, I’m extremely proud of what we have achieved together so far. As the legislative landscape, and therefore opportunities, for digital assets continues to develop across the globe, I look forward to helping our strong, diverse team deliver on our growth ambitions in 2026 and beyond, and at the same time ensuring that legal certainty and compliance remains at the core of what we do.”