News Centre
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Moscow Exchange: Risk Parameters Change For The Security SNAP-RM
Date 21/10/2021
As per the Securities market risk parameters methodology, on 21.10.2021, 23-39 (MSK) the lower bound of the price band (up to 3937) and initial margins (up to 43.75 %) for the security SNAP-RM were changed. New values are available here
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U.S. Department Of The Treasury: FATF Works To Strengthen Financial Transparency, Combat Misuse Of Virtual Assets - FATF Approves Public Consultation Of Revisions To Beneficial Ownership Standards And Updated Guidance On Virtual Assets
Date 21/10/2021
The Financial Action Task Force (FATF) concluded its October plenary today, the sixth session since the start of the ongoing COVID-19 pandemic. With hybrid participation both virtually and in-person in Paris, FATF advanced its core work on virtual assets, beneficial ownership transparency, and illicit finance risks.
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Moscow Exchange: Risk Parameters Change For The Security PYPL-RM
Date 21/10/2021
As per the Securities market risk parameters methodology, on 21.10.2021, 22-43 (MSK) the lower bound of the price band (up to 16114) and initial margins (up to 22.5 %) for the security PYPL-RM were changed. New values are available here
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Common Domain Model Integrated Into ISDA Create
Date 21/10/2021
ISDA and Linklaters have announced the integration of the Common Domain Model (CDM) with ISDA Create, the digital platform for the electronic negotiation of derivatives documents. This development will bring greater connectivity between legal documentation and operational processing and will support further automation of derivatives markets.
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Federal Reserve Board Announces A Broad Set Of New Rules That Will Prohibit The Purchase Of Individual Securities, Restrict Active Trading, And Increase The Timeliness Of Reporting And Public Disclosure By Federal Reserve Policymakers And Senior Staff
Date 21/10/2021
Following a comprehensive review, the Federal Reserve Board on Thursday announced a broad set of new rules that will prohibit the purchase of individual securities, restrict active trading, and increase the timeliness of reporting and public disclosure by Federal Reserve policymakers and senior staff. As a result of the new policies, senior Federal Reserve officials will be limited to purchasing diversified investment vehicles, like mutual funds.
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Federal Reserve Board Announces It Will Begin Its Survey Of Finance Companies This Month As Part Of The Board’s Continuing Effort To Improve Its Understanding Of Credit Availability To Households And Businesses In The United States
Date 21/10/2021
The Federal Reserve Board announced on Thursday that it will begin its Survey of Finance Companies this month as part of the Board's continuing effort to improve its understanding of credit availability to households and businesses in the United States.
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Statement Of CFTC Commissioner Dawn D. Stump Regarding Claim For Award By Claimant 1 In Connection With Whistleblower Award Determination No. 21-WB-07
Date 21/10/2021
The Commission today issues a Whistleblower Award Determination based on an enforcement action that led to an Order of the Commission making findings of liability and imposing a civil monetary penalty, among other sanctions. Parallel actions were brought, based on the same misconduct, by: 1) a Federal Regulator; and 2) a foreign futures authority (Foreign Regulator). The Commission is approving the Proposed Final Determination of its Claims Review Staff (CRS) that would make an award to Claimant 1 based on the monetary sanctions collected in the Commission’s enforcement action, the Federal Regulator’s action, and the Foreign Regulator’s action.
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BIS: Big Techs In Finance: On The New Nexus Between Data Privacy And Competition
Date 21/10/2021
Summary
Focus
Large technology companies such as Alibaba, Amazon, Facebook, Google and Tencent have started to provide financial services. The activities of big techs in finance are a special case of broader fintech innovation. While fintech companies are set up to operate primarily in financial services, big tech firms offer financial services as part of a much wider set of activities. Big techs' foray into finance raises both opportunities and risks.
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Cboe Global Markets And MSCI Inc. Expand Relationship, Extend Licensing Agreement Through 2031
Date 21/10/2021
Cboe, MSCI to collaborate on strategic initiatives and drive future innovation in the capital markets Enables Cboe to offer options trading on expanded suite of MSCI global indices in the U.S. Expanded relationship creates framework for collaboration on new products, services and solutions
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CFTC Awards Nearly $200 Million To A Whistleblower - Largest Award To A Single Whistleblower
Date 21/10/2021
The Commodity Futures Trading Commission today announced an award of nearly $200 million to a whistleblower whose specific, credible, and timely original information significantly contributed to an already open investigation and led to a successful enforcement action, as well as to the success of two related actions, by a U.S. federal regulator and a foreign regulator.
