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New Distribution Agreement (Aquis Stock Exchange: SNOX) The board of directors of the company ( the Board ) is pleased to announce that the Rigworld Solutions ( Rigworld ) has agreed to become an Independent Sales Organisation ( ISO ) for the SulNOx Group, building on the Collaboration Agreement announced on 9 December 2020. The continent of Africa has always been a strong focus for the SulNOx Group with its opportunities in mining, remote power generators, road and railway transportation that must carry people, goods and services over very large distances. We have now been sharing plans with the team at Rigworld Solutions over the past four months and both parties are ready to formalise this ISO agreement.
Surveys and Reports
Regulatory Developments
United Kingdom: FCA publishes feedback statement on Open Finance
Some of the key findings that the FCA draws out in its feedback statement are:
A legislative framework would be needed for open finance to develop fully, both to provide any statutory right to data access and to support a regulatory framework.
In addition to the regulatory framework, the following building blocks would be needed for a sustainable open finance ecosystem to develop – either in support of voluntary adoption or to support future legislation:
consumer protections informed by an ethical framework;
a liability model;
an implementation entity that is funded and governed equitably; and