News Centre

Ontario Securities Commission Publishes 2023 Corporate Finance Branch Report

Date 07/12/2023

The Ontario Securities Commission (OSC) today published its annual Corporate Finance Branch Report, an important resource to help issuers and their advisors with their reporting obligations.

Remarks On Digital Engagement Practices, Before The Investor Advisory Committee (IAC), SEC Commissioner Jaime Lizárraga, Washington D.C., Dec. 7, 2023

Date 07/12/2023

Good morning. My comments today will focus on the Disclosure Subcommittee’s draft recommendations relating to the Commission’s proposal on the use of digital engagement practices, or DEPs, by brokers and advisers. These draft recommendations urge that the Commission amend existing rules instead of adopting new ones.

SIFMA Economic Survey Year-End Findings Focus On The Consumer, Inflation, And Monetary Policy

Date 07/12/2023

SIFMA today unveiled the results of its biannual survey of the chief U.S. economists from over 20 global and regional financial institutions. It includes expectations for key economic metrics and policy moves, including key findings such as 87% of survey respondents believing there will be no more rate hikes from the Fed, and the expectation of rate cuts in 2Q24.

Daniel R. Gregus, Director Of The Chicago Regional Office, To Depart The SEC - Vanessa L. Horton And Kathryn Pyszka Will Become Acting Co-Directors Upon Mr. Gregus’s Departure

Date 07/12/2023

The Securities and Exchange Commission today announced that Daniel R. Gregus, Director of the Chicago Regional Office, will leave the agency at the end of December after more than 30 years of service. Vanessa Horton and Kathryn Pyszka will become Acting Co-Directors upon Mr. Gregus’s departure.

Canadian Securities Administrators Publishes Summary Of 2023 Systemic Risk Survey

Date 07/12/2023

The Canadian Securities Administrators (CSA) today published a summary of the results from its second annual systemic risk survey. The results of this survey provide the CSA with important information on market participants’ concerns about the stability of the Canadian financial system. 

FIA November 2023 SEF Tracker

Date 07/12/2023

US Secretary Of The Treasury Janet L. Yellen And Mexico’s Secretary Of Finance And Public Credit Rogelio Ramírez De La O Announce Intent To Establish Bilateral Working Group On Foreign Investment Review

Date 07/12/2023

On December 7, 2023, U.S. Secretary of the Treasury, Janet L. Yellen, and Mexico’s Secretary of Finance and Public Credit, Rogelio Ramírez de la O, signed a Memorandum of Intent (MOI) to affirm the importance of foreign investment screening in protecting national security and express their desire to establish a bilateral working group for regular exchanges of information about how investment screening can best protect national security.

Remarks By US Secretary Of The Treasury Janet L. Yellen At Press Conference following Bilateral Meeting With Secretary Of Finance And Public Credit Rogelio Ramírez de la O Of Mexico

Date 07/12/2023

Good afternoon. It’s been a pleasure to be here in Mexico over the past two days for my first visit to Latin America as Treasury Secretary. I’ve had productive discussions that are moving the ball forward on many key priorities.

ISDA, The Swap, Episode 36: The EU Regulatory Agenda

Date 07/12/2023

Key pieces of EU financial market regulation have been reviewed, resulting in several key changes. What will this mean for derivatives market participants? ISDA speaks to ESMA executive director Natasha Cazenave.

ISDA: Economic Sanctions Programs & Derivatives

Date 07/12/2023

ISDA published its whitepaper (available here) in 2019 to inform market participants and regulators of the unique challenges that economic sanctions programs could present to over-the-counter (OTC) derivatives markets.  Since that time, there has been a significant increase in the use of economic sanctions in furtherance of foreign policy goals in the US, the EU, the UK and beyond, which have raised issues for derivatives users.  These measures include the US Chinese Military company sanctions of 2020 and 2021 as well as the sanctions programs implemented across the globe in response to Russia’s invasion and ongoing occupation of Ukrainian territory from February 2022.  This paper examines the impact that sanctions programs have had on derivatives transactions since the publication of the 2019 whitepaper, considering the novel issues market participants have faced.  It also assesses if sanctions programs have been implemented in a manner broadly consistent with principles set forth in the whitepaper, and proposes where additional action or guidance from sanctions authorities would further reduce uncertainty around the scope of the sanctions measures and the related relief and further reduce the potential adverse effects on non-sanctioned entities.