News Centre

Federal Reserve Board Announces Termination Of Enforcement Action With Silvergate Bank And Its Holding Company, Silvergate Capital Corporation

Date 26/07/2024

The Federal Reserve Board on Friday announced the termination of an enforcement action with Silvergate Bank and its holding company, Silvergate Capital Corporation, both of La Jolla, California. The Board's enforcement action, which has been in effect since May 2023, ensured that Silvergate would liquidate and wind down operations in a manner that protected the bank's depositors. Since that time, Silvergate has completed its liquidation and wind-down plan, has paid back all deposits to its customers, and no longer functions as a bank.

ESAs Published Joint Final Report On The Draft Technical Standards On Subcontracting Under DORA

Date 26/07/2024

The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their joint Final report on the draft Regulatory Technical Standards (RTS) specifying how to determine and assess the conditions for subcontracting information and communication technology (ICT) services that support critical or important functions under the Digital Operational Resilience Act (DORA). These RTS aim at enhancing the digital operational resilience of the EU financial sector by strengthening the financial entities’ ICT risk management over the use of subcontracting.

ACER: Compensation Surged For Grid Operators Covering Losses From Cross-Border Transit Flows In 2022

Date 26/07/2024

Malawi Stock Exchange Weekly Summary, 26 July 2024

Date 26/07/2024

Click here to download Malawi Stock Exchange's weekly summary.

Sebastian Walsh Appointed As Head Of Leeds At The Bank Of England

Date 26/07/2024

The Governor of the Bank of England, Andrew Bailey, has today announced that Sebastian Walsh is to become the newly appointed Head of Leeds. In this role, he will help deliver the Bank’s ambitious plans for a more significant presence in the city, by being responsible for the Bank’s growing operation in Leeds. Alongside our regional Agency network, Sebastian will support engagement with our stakeholders across the north of England.

U.S. Department Of Justice: Activist Short Seller Charged For $16M Stock Market Manipulation Scheme

Date 26/07/2024

A federal grand jury in the Central District of California returned an indictment yesterday charging a prominent activist short seller with multiple counts of securities fraud for a long-running market manipulation scheme reaping profits of at least $16 million.

SEC Charges Andrew Left And Citron Capital For $20 Million Fraud Scheme - Boca Raton Short Seller Used ‘Bait-And-Switch’ Tactics To Mislead Investors

Date 26/07/2024

The Securities and Exchange Commission today announced charges against activist short seller Andrew Left and his firm, Citron Capital LLC, for engaging in a $20 million multi-year scheme to defraud followers by publishing false and misleading statements regarding his supposed stock trading recommendations.

SET Seeks Public Input On New Warning Signs For Funds And Amendments Of Delisting Rules

Date 26/07/2024

The Stock Exchange of Thailand (SET) aims to extend the warning signs to securities beyond common shares, which are Trusts, Property Funds, and Infrastructure Funds, as well as amendments to regulations regarding listed companies subject to possible delisting to ensure that their financial health and operational performance have been strengthened before the trading of these securities can be resumed.

Borsa Istanbul: Periodic Review For The BIST Sustainability Themed Debt Securities Indices For The Third Quarter Of 2024 Has Been Finalized

Date 26/07/2024

In accordance with the articles 3.1. and 3.2. of BIST Sustainability Themed Debt Securities Indices Methodology, periodic review for the BIST Green Corporate Eurobond Indices and BIST Sustainable Corporate Eurobond Indices for the third quarter of 2024 (August 1, 2024 – October 31, 2024) has been finalized.

First Initial Access Document On BME Scaleup From LAUTHON INVEST SOCIMI

Date 26/07/2024

• It is the fifteenth company to register an Initial Access Document for this market