News Centre

ASIC Proposes To Cut Red Tape And Encourage More Electronic Disclosure

Date 14/11/2014

ASIC is seeking feedback on proposals to make it easier for businesses to deliver financial services disclosures electronically while preserving choice for consumers. Our proposals also encourage the use of more innovative formats for Product Disclosure Statements.

SGX Welcomes Resources Prima Group To Catalist

Date 14/11/2014

Singapore Exchange (SGX) today welcomed Resources Prima Group Limited (Resources Prima), formerly known as Sky One Holdings Limited (Sky One), to Catalist,  under the stock code of “5MM”.

Former Swiss Banker Charged In Manhattan Federal Court For Conspiring With U.S. Taxpayers To Hide Hundreds Of Millions Of Dollars In Swiss Bank Accounts

Date 14/11/2014

U.S. Attorney Preet Bharara for the Southern District of New York and Acting Special Agent in Charge Shantelle P. Kitchen of the New York Field Office of the Internal Revenue Service- Criminal Investigation (IRS-CI) announced today the indictment of Martin Dunki, a former client advisor and Senior Vice President at a Swiss bank headquartered in Zurich, Switzerland (Swiss Bank No. 1), for conspiring with U.S. taxpayer-clients and others to hide hundreds of millions of dollars in offshore accounts from the IRS, and to evade U.S. taxes on the income earned in those accounts.

Member Of Organized Cybercrime Ring Responsible For $50 Million In Online Identity Theft Sentenced To 115 Months In Prison

Date 14/11/2014

A Georgia man who purchased stolen credit card data and other personal information through the identity theft and credit card fraud ring known as “Carder.su” was sentenced today to serve 115 months in federal prison.  He was further ordered to pay $50.8 million in restitution.

SIFMA President And CEO Kenneth E Bentsen Jr Remarks At SIFMA Diversity Conference - November 13, 2014

Date 14/11/2014

Good afternoon. I’m Ken Bentsen, president and CEO of SIFMA and I would like to thank all of your for joining us in St. Louis for SIFMA’s annual Diversity Conference.

Chi-X Australia Appoints New Head Of Market Operations As Trading Turnover Tops A$20 billion In October

Date 13/11/2014

Chi-X® Australia Pty Ltd, a wholly owned subsidiary of market operator Chi-X® Global Holdings LLC, has appointed Peter Warton as Head of Market Operations. Peter joins from Tibra, where he served as Global Head of IT Operations. Throughout Peter’s 25 year career working with financial markets and platforms, he has gained extensive experience in software development, market connectivity, client services management and market operations.

CFTC Staff Extends Conditional Time-Limited No-Action Relief To Australian-Based Trading Platform Yieldbroker Pty Limited

Date 13/11/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today announced the issuance of a no-action letter extending the conditional time-limited relief provided in CFTC No-Action Letter No. 13-76 for Australian-based trading platform Yieldbroker Pty Limited (Yieldbroker).

BM&FBOVESPA And S&P Dow Jones Indices Reach Landmark Index Agreement - BM&FBOVESPA And S&P DJI Agree To Co-Brand And Launch New Equity Indices For Brazilian Marketplace

Date 13/11/2014

BM&FBOVESPA, the largest equity and futures exchange in Latin America, and S&P Dow Jones Indices (S&P DJI) , one of the world’s leading providers of financial market indices, announced the signing of a memorandum of understanding (MOU) to create and launch new, co-branded equity indices for the Brazilian marketplace. Each of these new indices will be calculated, published, and marketed globally by S&P DJI.

CFTC Staff Issues No-Action Position And Interpretations Addressing The Holding Of Customer Funds

Date 13/11/2014

The U.S. Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (Division) today issued no-action relief to futures commission merchants (FCMs) concerning the holding of customer funds deposited to margin foreign futures and foreign options transactions under Regulation 30.7.

BM&FBOVESPA Announces Results For The Third Quarter Of 2014

Date 13/11/2014

• Better volumes quarter-over-quarter for both the equities and the derivatives segments
• The derivatives phase of the new integrated Clearinghouse and new CloseOut Risk Evaluation (CORE) risk model both fully implemented on August 18, 2014
• New 2014 OPEX budget range significantly below inflation
• Settlement of a tax dispute created a one-off charge of R$63.1 million in 3Q14