News Centre

Japan Financial Services Agency: Partial Revision Of The Notice Regarding The Tax Treatment Of Carried Interest

Date 08/07/2022

The Financial Instruments and Exchange Act was amended to establish a new entry system regarding the investment management business with the updated procedures (notification) pertaining to Special Business for Foreign Investors, etc. and Special Business during Transition Period. Also, under the amendment to the Cabinet Office Ordinance on Definitions under Article 2 of the Financial Instruments and Exchange Act, a foreign investment manager who has difficulty in continuing its business in the foreign country can continue the business temporarily in Japan based on an approval by the commissioner of the FSA.

IIROC’s 2021 – 2022 Enforcement Report: Effective Regulation A Result Of Pan-Canadian Enforcement Powers And Ability To Collect Fines Through Courts

Date 07/07/2022

The Investment Industry Regulatory Organization of Canada (IIROC) released its annual Enforcement Report today, which highlights enforcement activities and IIROC’s continued efforts to protect investors and the integrity of Canada’s capital markets.

Ontario Securities Commission’s Investor Advisory Panel Releases 2021 Annual Report

Date 07/07/2022

The Investor Advisory Panel (the IAP) today released its 2021 Annual Report  summarizing its activities, submissions, consultations and meetings during the calendar year. 

FSB Explores Options To Promote Broader Adoption Of The Legal Entity Identifier (LEI) In Cross-Border Payments

Date 07/07/2022

The Financial Stability Board (FSB) today published a report exploring options to improve the adoption of the Legal Entity Identifier (LEI), in particular for use in cross-border payments.

NGX Remains The Preferred Listing Platform For Capital Raising

Date 07/07/2022

Capital market stakeholders have commended NGX for providing a vibrant listing platform for government and corporates to meet their business objectives. This was stated during the NGX CEO Roundtable held on Thursday, 7 July 2022.

CFTC: Federal Court Orders Texas Unregistered Commodity Pool Operator To Pay More Than $13 Million For Commodity Fraud

Date 07/07/2022

The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of Texas entered a consent order on July 6, imposing monetary sanctions against David Seibert, most recently of Lakeway, Texas.

BIS: Basel Committee Issues High-Level Considerations On Proportionality

Date 07/07/2022

• Basel Committee issues high-level considerations on proportionality.
• The high-level considerations aim to provide practical support to supervisory authorities seeking to implement proportionality in their domestic regulatory and supervisory frameworks.
• The considerations are voluntary and do not modify any of the Committee's existing standards, guidelines or sound practices. 

Nodal Exchange Achieves New Records In Power And Environmental Futures

Date 07/07/2022

Nodal Exchange today announced new trading records in power and environmental futures as of end of June 2022.  Nodal achieved record half year power volume for the first half of 2022 with 1.489 billion MWh traded, up 39% from H1 2021.  Nodal also set a new calendar month record for June with 175.3 million MWh of traded power futures volume in the month.  The majority of U.S. power futures open interest is on Nodal Exchange with 1.183 billion MWh representing $154 billion of notional value based on both sides as of the end of June 2022.

BIS - Fiscal Deficits And Inflation Risks: The Role Of Fiscal And Monetary Policy Regimes

Date 07/07/2022

Summary

Focus

The massive wave of fiscal stimulus unleashed by governments in the wake of the Covid-19 pandemic has sparked an intense debate about the inflationary consequences of current fiscal policies. Is higher inflation after the pandemic a fiscal phenomenon? Will the need to manage high public debt levels result in fiscal dominance over monetary policy, posing a risk to price stability?

S3 Partners Grows Distribution Network Through Strategic Partnership With LiquidityBook - Partnership Extends S3’s Offerings To LiquidityBook’s Diverse Buy- And Sell-Side Client Roster

Date 07/07/2022

S3 Partners, a leading financial data marketplace and workflow platform, today announced a new strategic partnership with LiquidityBook, a leading provider of cloud-native trading solutions for the buy and sell sides. The new partnership significantly expands S3’s services and distribution network to a diverse roster of buy- and sell-side firms, including prime brokers and lending agents.