News Centre

IOSCO Reviews Implementation Of Liquidity Risk Management Recommendations

Date 16/11/2022

IOSCO today published a thematic review ('Review’) assessing the implementation of selected recommendations (‘Recommendations’) issued in 2018 to strengthen the liquidity risk management practices for collective investment schemes ('CIS’) globally.

Remarks By US Under Secretary For Domestic Finance Nellie Liang At The 2022 Treasury Market Conference

Date 16/11/2022

INTRODUCTION

Good morning. It is great to be back in person at this conference. I would like to begin by thanking our colleagues in the Inter-Agency Working Group on Treasury Market Surveillance (IAWG) for co-hosting this conference. The collaboration between IAWG members has been tremendously important as we prioritize efforts to strengthen the resilience of the Treasury market.  The feedback from many of you to implement those priorities has also been very useful.  I believe that collectively, we have made significant progress on a path to a more resilient market.  We have introduced some significant changes and proposals, but there is still more to do.  Today I would like to begin by offering some brief observations about current Treasury market liquidity conditions.  After that, I will highlight the overall work of the IAWG, and then provide more detail about a key workstream led by Treasury to improve data quality and transparency in the Treasury market. 

CFTC Chairman Behnam To Keynote At The Princeton DeCenter Inaugural Summit

Date 16/11/2022

SEC Received Record Number Of Whistleblower Tips In Fiscal Year 2022

Date 16/11/2022

On November 15, the U.S. Securities and Exchange Commission (SEC) announced its enforcement results for the 2022 Fiscal Year (FY 2022). Over the course of the fiscal year, the agency recovered a record $6.9 billion in penalties and disgorgement. Furthermore, the SEC Whistleblower Program received a record high number of whistleblower tips - more than 12,300. 

FSB Publishes Annual Report On Its Work To Promote Global Financial Stability

Date 16/11/2022

The Financial Stability Board (FSB) today published its latest Annual Report. The report, which was delivered to the G20 Leaders ahead of their Bali Summit, describes the FSB’s work to promote global financial stability.

New US Treasury Report Shows Fintech Industry Requires Additional Oversight To Close Gaps, Prevent Abuses And Protect Consumers - Report Recommends That Fintech-Bank Partnerships Be Subject To Enhanced Supervision

Date 16/11/2022

The U.S. Department of the Treasury, in consultation with the White House Competition Council, has released a report entitled “Assessing Impacts of New Entrant Non-bank Firms on Competition in Consumer Finance Markets.”  The report finds that, while concentration among federally insured banks is growing, new entrant non-bank firms, in particular “fintech” firms, are adding significantly to the number of firms and business models competing in core consumer finance markets and appear to be contributing to competitive pressure. While these fintech firms are enabling new capabilities, they are also creating new risks to consumer protection and market integrity, such as risks related to data privacy and regulatory arbitrage. To protect consumers in these rapidly changing markets and enable sustainable competition, among other recommendations, the report calls for enhanced oversight of the consumer financial activities of non-bank firms.

Amidst Inflation Concerns, Rising Interest Rates And Increased Volatility, FTSE Mondo Visione Index Down 1.1% In October

Date 16/11/2022

Exchange operators benefiting from solid trading volumes and a steady demand for hedging tools and investment products saw the FTSE Mondo Visione Index begin to level out of the downward trend experienced for most of the last two quarters.

Borsa İstanbul’s Opening Bell Rang For Alfa Solar Enerji

Date 16/11/2022

The Initial Public Offering of Al has been completed. Shares offered to the public will be listed on BIST STARS with a base price of 58.50 TL, the ticker code “ALFAS” and the continuous trading method.

Moscow Exchange: Further Conditions Of Access To The Equity Market For Non-Resident Clients

Date 16/11/2022

Moscow Exchange would like to highlight the expansion of the list of securities of strategic and a number of other companies that are subject to trading restrictions by non-resident clients controlled by Russian legal entities or individuals.

Dubai Roads And Transport Authority And DIFC Collaborate To Support Digital Companies Engaged In Commercial Transport Sector

Date 16/11/2022

Dubai’s Roads and Transport Authority (RTA) today signed an agreement with Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, to support and regulate the commercial transport activities of companies and institutions based at the Centre.