News Centre

ASIC Consults On Remaking Class Order On Exchange Traded Funds (ETFs)

Date 24/11/2023

KEY POINTS:

• ASIC proposes to remake Class Order [CO 13/721] and extend the relief to a broader class of exchange traded funds (ETFs).
• Industry is invited to provide feedback on our proposal.

New Zealand Financial Markets Authority Finds Continuous Improvements To Audit Quality And Warns Against Complacency

Date 23/11/2023

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has found audit firms continue to improve the quality of their audits of FMC reporting entities. 

Nasdaq Announces Semi-Annual Changes To The OMX Copenhagen Benchmark Index

Date 23/11/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Copenhagen Benchmark Index, (Nasdaq Copenhagen: OMXCB), which will become effective at market open on Friday, December 1, 2023.

Nasdaq Announces Semi-Annual Changes To OMX Stockholm Benchmark Index

Date 23/11/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Stockholm Benchmark Index, (Nasdaq Stockholm: OMXSB), which will become effective at market open on Friday, December 1, 2023.

BaFin Issues Warning About A Case Of Identity Theft Targeting Blueport, Inc.

Date 23/11/2023

The Federal Financial Supervisory Authority (BaFin) has become aware that unknown perpetrators are using the name Blueport, Inc. to contact consumers on an unsolicited basis. This is a case of identity theft against the US company of the same name.

Bank Of England And UK Financial Conduct Authority - Memorandum Of Understanding On The Supervision Of Financial Market Infrastructure And Payment Systems

Date 23/11/2023

The Bank of England (Bank) co-operates with both the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) to supervise financial market infrastructure (FMI) and payment systems, respectively.

tetherusdtcoins.com: BaFin Investigates Website Operator

Date 23/11/2023

The Federal Financial Supervisory Authority (BaFin) warns consumers about the website tetherusdtcoins.com. According to information available to BaFin, the operators are providing financial and investment services on this website without the required authorisation. The content of the website is almost identical to that of other dubious websites which have already been the subject of warnings by BaFin dated 12 September and 8 November.

BaFin: Blue Energy Group AG: Grounds To Suspect Shares Being Offered To The Public Without The Required Prospectus

Date 23/11/2023

BaFin has sufficient grounds to suspect that Blue Energy Group AG is offering its shares to the public in Germany without the required prospectus. There is currently no evidence to suggest that the company is exempt from the prospectus requirement.

BIS: Monetary Policy, Financial Conditions And Real Activity: Is This Time Different?

Date 23/11/2023

Key takeaways

• During the current monetary policy tightening episode, financial conditions co-moved closely with policy rates, especially in the initial stages but with some differentiation across countries.
• For advanced economies, the tightening of financial conditions was stronger this time than in the past, while its full impact on real activity appears to be taking longer than usual.
• Financial conditions may continue tightening long after central banks stop raising policy rates, with possible implications for financial stability

How To Flex Your Organisation's Power Through Culture And Conduct, Speech By Emily Shepperd, UK Financial Conduct Authority Chief Operating Officer And Executive Director Of Authorisations At City & Financial's Culture And Conduct Forum

Date 23/11/2023

• Highlights

• As firms look to raise the bar under the Consumer Duty, they need to consider how their own culture can help to drive better outcomes.  
• New, flexible proposals on D&I will help firms to drive changes that are ultimately beneficial, but it’s important that the purpose of this is understood and that the right policies and procedures are in place to ensure an inclusive culture with the right incentives.    
• Enabling people to contribute, challenge and add value means listening, looking at processes and making changes to ensure people can perform at their best.