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FCPA, Disclosure, And Internal Controls Issues Arising In The Pharmaceutical Industry, Andrew Ceresney, SEC Director, Division Of Enforcement, Remarks At CBI's Annual Pharmaceutical Compliance Congress In Washington D.C., March 3, 2015

Date 03/03/2015

Thank you for that kind introduction.  At the outset, let me give the requisite reminder that the views I express today are my own and do not necessarily represent the views of the Commission or its staff.

I am very excited to be here to discuss the SEC’s Enforcement program and some of our current priorities that are most relevant to the pharmaceutical industry.  I have tried to tailor my remarks to issues of interest to you; we cover a broad range of areas at the SEC but we certainly have a great impact on your industry.  First, I plan to address our efforts in the enforcement of the Foreign Corrupt Practices Act across the pharmaceutical industry.  We have had a number of cases in this area that I think have borne fruit in terms of increased compliance and focus on FCPA issues.  And then I’ll turn to certain disclosure and accounting issues facing the industry. 

Tradeweb Government Bond Report - February 2014

Date 03/03/2015

Click here to download the February edition of Tradeweb’s monthly DataSheet for global government 10-year benchmark bonds.

UK’s Financial Conduct Authority: Former Group Treasurer And Head Of Tax At Morrisons Plc Sentenced To 12 Months Imprisonment For Insider Dealing

Date 03/03/2015

In a case brought by the Financial Conduct Authority (FCA) Paul Coyle, the former Group Treasurer and Head of Tax at Wm Morrison Supermarkets plc, has today pleaded guilty to 2 counts of insider dealing.  Profits from the dealing exceeded £79,000.  He has today been sentenced to 12 months imprisonment as result of his dealing.  He was also ordered to pay £15,000 towards prosecution costs and a Confiscation Order in the sum of £203,234. 

SWIFT Enhances Sanctions Testing Service With New Performance Measurement Capabilities - New Peer Assessment Service Helps Financial Institutions Compare The Performance Of Their Sanctions Filters Against Those Of Similar Institutions

Date 03/03/2015

SWIFT announces the addition of Peer Assessment to its Sanctions Testing service. SWIFT’s Sanctions Testing helps financial institutions optimise the performance of their transaction and customer screening systems by analysing whether their systems are operating correctly and are able to detect illicit transactions or sanctioned customers.

Moscow Exchange Trading Volumes In February 2015

Date 03/03/2015

Moscow Exchange announces trading volumes for February 2015. The Equities Market and Derivatives Market posting strong growth, with volumes increasing 34.6% and 25.7% YoY respectively. The Money Market and FX Market also posted strong growth.

LCH.Clearnet To Launch Interest Rate Portfolio Margining Capability

Date 03/03/2015

• Margin offsets to be available for listed and OTC interest rate derivatives portfolios  
• Members and their clients offered significant opportunity for portfolio margin optimisation
• Service will be provided on an open access basis via regulated venues that list suitable interest rate derivatives

Platts Acquires Germany’s Minerals Value Service (MVS) - Platts Purchases Remaining Stake In Company Providing “Value-In-Use” Analytics For Iron Ore

Date 03/03/2015

Platts, a leading global energy, metals, petrochemicals and agriculture information provider, announced today that it has acquired Munich-based Minerals Value Service GmbH (MVS), a privately held company specialising in determining value-in-use for miners, mills and traders in the iron ore and steelmaking industries. The purchase extends a partnership launched in October 2013 under which Platts took an equity stake in MVS and became the exclusive distributor of MVS’ web-based value-in-use tool, which enables users to calculate a value of iron ore for specific buying and selling scenarios.

CME Group Volume Averaged 15.8 Million Contracts Per Day In February 2015, Up 13 Percent From February 2014

Date 03/03/2015

• Delivered highest February average daily volume ever
• Reached record energy average daily volume of 2.4 million contracts; bolstered by records in WTI crude oil, Brent crude oil, and heating oil
• Increased interest rate average daily volume 27 percent

Bank Of England: Confronting The Challenges Of Tomorrow’s World - Speech Given By Paul Fisher, Deputy Head Of The Prudential Regulation Authority And Executive Director, Insurance Supervision

Date 03/03/2015

Thank you for inviting me to speak to you today. As many of you will know I have been covering as Executive Director of Insurance, in addition to my responsibilities as Deputy Head of the PRA, since August last year whilst a search was made for a permanent appointment. At long last I will be passing the baton over to Sam Woods at Easter. So this is likely to be my final speech made as Insurance Director.

Japan's Financial Services Agency: The Eleventh Meeting Of The Study Group On Payments And Transaction Banking Of The Financial System Council

Date 03/03/2015

The Study Group on Payments and Transaction Banking of the Financial System Council will hold its eleventh meeting on 24 March, 2015 as follows.

The meeting is open to the public. Please note that the seats for the public are limited. We appreciate your understanding.

The materials and minutes are to be publicized on the FSA Homepage after the meeting.