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The Importance of a Modernised Custodial Process
The Importance of a Modernised Custodial Process

Finextra

time3 days ago

  • Business
  • Finextra

The Importance of a Modernised Custodial Process

Connor Coughlin, Chief Commercial Officer, Apex Fintech Solutions in his FintextraTV interview at the Communify Fincentric Experience 2025 gave his insights into an often overlooked and misunderstood element of payments: custody and clearing. Often, Coughlin says, many of our issues can come from a clunky, outdated custodial process, something that can be solved with evolving technologies and a more considered mindset.

Bucks council celebrate fly tipping clear up operation success
Bucks council celebrate fly tipping clear up operation success

Yahoo

time09-05-2025

  • Yahoo

Bucks council celebrate fly tipping clear up operation success

A fly-tipping clearance operation has been celebrated by Buckinghamshire Council. The local authority praised the use of CCTV to support an investagtion as well as the clearance of a 'large' fly-tip. On X (formerly known as twitter) the council posted images of a before and after of Langely Park Road, in Wexham, Bucks. 'Before' + 'After' at Langley Park Road, Wexham, Bucks - a large #flytip having been cleared by @BucksCouncil (thanks guys 🙏) This one is #underinvestigation using evidence found at the scene plus local CCTV resources Offenders should expect #ZeroTolerance enforcement response — BucksFlyTipping (@BucksFlyTipping) May 9, 2025 The council also trumpeted the use of 'hot spot surveillance' to catch an offender for fly-tipping in a similar area. READ MORE: Fly-tipping in Bucks at record high last year, figures show | Bucks Free Press Sofas, mattresses and sink appear along High Wycombe streets | Bucks Free Press It stated that an offender who was identified as leaving bags of rubble on Wexham Park Lane, was identified and had now paid a £1,000 fixed penalty. On 14Oct'25, dumped sacks of rubble were found on Wexham Park Lane, Wexham, Bucks#HotSpot surveillance by @BucksCouncil identified the offender who has now fully paid a £1,000 fixed penalty Offender was fully aware he was committing a criminal offence 1/2 — BucksFlyTipping (@BucksFlyTipping) May 8, 2025

Hidden Road's Abu Dhabi Entity secures in-principle approval from ADGM
Hidden Road's Abu Dhabi Entity secures in-principle approval from ADGM

Zawya

time08-05-2025

  • Business
  • Zawya

Hidden Road's Abu Dhabi Entity secures in-principle approval from ADGM

ABU DHABI, UAE /PRNewswire/ -- Hidden Road today announced that its ADGM entity, Hidden Road Partners CIV (AD) Limited, has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a regulated financial services firm. Pending final regulatory approval, Hidden Road will be authorized to offer clearing and prime brokerage services across its global suite of traditional and digital asset products to institutional investors in the UAE. "Receiving our IPA from ADGM marks a significant milestone for our business," said James Stickland, UAE CEO, Hidden Road. "ADGM's high regulatory standards make it a key market for institutional growth." The IPA underscores the firm's ongoing commitment to global compliance and transparency across traditional and digital asset markets. This milestone builds upon Hidden Road's growing network of regulatory approvals, certifications and licenses: Hidden Road Partners CIV NL B.V. is licensed as a MiFID investment firm and as a Crypto-Asset Service Provider ("CASP") by the Netherlands Authority for the Financial Markets (AFM); Hidden Road Partners CIV UK Limited is authorized as an AMLD5 and MiFID investment firm by the UK Financial Conduct Authority; and Hidden Road Partners CIV US LLC is a Commodity Futures Trading Commission (CFTC)-registered Futures Commission Merchant (FCM), a Financial Industry Regulatory Authority (FINRA)-member broker-dealer, and a member of the National Futures Association (NFA) and Fixed Income Clearing Corporation (FICC). "Our goal from day one has been to equip clients with seamless access both to traditional and digital markets," said Noel Kimmel, President at Hidden Road. "We continue to actively pursue regulatory approvals around the world to deliver on that commitment, recognizing the confidence and transparency that follows when operating under clear regulatory frameworks." Arvind Ramamurthy, Chief of Market Development at ADGM, said, "ADGM congratulates Hidden Road on receiving its IPA from the FSRA to operate as a regulated financial services firm. The expansion of their services within the international financial centre is a testament to the immense opportunities available within Abu Dhabi. We look forward to Hidden Road receiving their Financial Services Permission (FSP) and their contribution to ADGM's dynamic ecosystem." Hidden Road's IPA from ADGM's FSRA follows its recent definitive agreement on April 8, 2025, to be acquired by Ripple, a leading provider of digital asset infrastructure for financial institutions, for $1.25 billion. With the backing of Ripple's significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become one of the largest non-bank prime brokers globally. The deal is expected to close in the coming months, subject to regulatory approvals. About Hidden Road Hidden Road Partners is the global credit network for institutions, enabling seamless access to traditional and digital markets. Conflict-free and built on a modern technology stack, we remove complexity and cost in prime brokerage, clearing and financing.

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