News Centre

Canadian Securities Regulators Publish Investor Education In Canada 2022 Activity Report - Report Highlights Investor Education Initiatives Intended To Help Canadians Make Informed Financial Decisions

Date 26/10/2022

The Canadian Securities Administrators (CSA) today published Investor Education in Canada 2022 to mark Investor Education Month in October. This annual report highlights the national, provincial and territorial efforts in investor education from June 2021 to July 2022.

Nadex Product Schedule For The Japan Holiday On November 3, 2022

Date 26/10/2022

Due to the Japan holiday on Thursday, November 3, no Japan 225 contracts will be listed on that day.

SEC Adopts Amendments To Modernize Fund Shareholder Reports And Promote Transparent Fee- And Expense-Related Information In Fund Advertisements

Date 26/10/2022

The Securities and Exchange Commission voted today to adopt rule and form amendments to require mutual funds and exchange-traded funds to transmit concise and visually engaging shareholder reports and to promote transparent and balanced presentations of fees and expenses in investment company advertisements.

One Good Step, More To Go: Statement On Final Tailored Shareholder Reports For Mutual Funds And Exchange-Traded Funds; Fee Information In Investment Company Advertisements, SEC Commissioner Hester M. Peirce. Oct. 26, 2022

Date 26/10/2022

Thank you, Chair Gensler. This shareholder report rulemaking represents a worthwhile next step in the Commission’s ongoing effort to improve the quality and usability of mutual fund disclosure. I have questions and reservations about many of the choices we have made and believe the step forward could have been bigger. Nevertheless, the good here outweighs the bad, so I support this rulemaking.

Erroneous Clawbacking: Statement At Open Meeting To Consider Listing Standards For Recovery Of Erroneously Awarded Compensation, SEC Commissioner Hester M. Peirce Oct. 26, 2022

Date 26/10/2022

What we are doing today—implementing the statutory clawbacks mandate—is commendable. But how we are doing it—expansively, inflexibly, and impractically—is not. Accordingly, I cannot vote to adopt this rule.

SEC Adopts Compensation Recovery Listing Standards And Disclosure Rules

Date 26/10/2022

The Securities and Exchange Commission today adopted rules to require securities exchanges to adopt listing standards that require issuers to develop and implement a policy providing for the recovery of erroneously awarded incentive-based compensation received by current or former executive officers. The final rules require a listed issuer to file the policy as an exhibit to its annual report and to include disclosures related to its recovery policy and recovery analysis where a recovery is triggered. The Commission proposed compensation recovery rules in 2015 and reopened the comment period on the proposal in October 2021 and again in June 2022.

BIS And Four Central Banks Complete Successful Pilot Of Real-Value Transactions On Cross-Border CBDC Platform

Date 26/10/2022

• Twenty banks in Hong Kong SAR, Thailand, mainland China and the United Arab Emirates used the mBridge platform to conduct 164 payment and foreign exchange transactions totalling over $22 million.
• The pilot advances multi-CBDC experimentation by settling real value directly on the platform
• The BIS will present the mBridge pilot at Hong Kong Fintech Week, along with updates on Project Aurum (retail CBDC) and Genesis 2.0 (green finance)

ACER Has Decided Not To Grant The Swedish TSO A Derogation From The 70% Requirement

Date 26/10/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) decided not to grant the Swedish Transmission System Operator (TSO) a derogation from the requirement to provide minimally 70% of the transmission capacity for cross-zonal trade (‘70% requirement’).

US Treasury Targets Corruption And The Kremlin’s Malign Influence Operations In Moldova

Date 26/10/2022

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action to counter the Government of the Russian Federation’s (GoR) persistent malign influence campaigns and systemic corruption in Moldova by imposing sanctions on nine individuals and 12 entities. The individuals and entities sanctioned today include oligarchs widely recognized for capturing and corrupting Moldova’s political and economic institutions and those acting as instruments of Russia’s global influence campaign, which seeks to manipulate the United States and its allies and partners, including Moldova and Ukraine. The designations include former Moldovan government official Vladimir Plahotniuc, who engaged in state capture by exerting control over and manipulating key sectors of Moldova’s government, including the law enforcement, electoral, and judicial sectors.

ESMA Issues An Opinion On Product Intervention Measure On Futures Taken By Germany

Date 26/10/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has issued an opinion on a product intervention measure on futures with additional payment obligations taken by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).