News Centre

CFTC Charges Puerto Rico Resident And His Firm For Misappropriation Of Nonpublic Information And Fictitious Trading

Date 10/12/2021

The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Southern District of Texas against Peter Miller, a resident of San Juan, Puerto Rico, and his firm Omerta Capital LLC. 

Statement On Jury’s Verdict In Trial of Gregory Grenda And The Grenda Group - Gurbir Grewal, SEC, Director, Division Of Enforcement

Date 10/12/2021

“We are pleased with today’s jury verdict holding investment advisers Gregory Grenda and the Grenda Group, LLC, liable for securities fraud. Investment advisers have a duty to disclose all material information to their clients and today’s verdict makes clear that Gregory Grenda and the Grenda Group did not meet this duty. Instead, they committed securities fraud by failing to tell their clients that the Commission had barred Grenda’s father, Walter Grenda, from associating with an investment adviser because of his fraudulent conduct at a predecessor firm. Rather than share this important fact with its clients so it could inform their investing decisions, Gregory Grenda and the Grenda Group kept it from them. Today’s verdict underscores that the Commission will take all steps necessary to enforce its orders and protect investors.”

The Finnish Foundation For Share Promotion And Financial Inclusion Europe Join BETTER FINANCE

Date 10/12/2021

BETTER FINANCE is pleased to announce the affiliation of two new associate member organisations. The Finnish Foundation for Share Promotion (Pörssisäätiö), based in Helsinki, and Financial Inclusion Europe (FiInE), based in Brussels, are the latest organisations to join BETTER FINANCE’s ranks, bringing the total number of member organisations to 39, of which 29 are based in  EU and EEA Member States.

Moscow Exchange: Risk Parameters Changes For The Security COST-RM

Date 10/12/2021

As per the Securities market risk parameters methodology, on 10.12.2021, 19-46 (MSK) the upper bound of the price band (up to 42651) and initial margins (up to 16.25 %) for the security COST-RM were changed. New values are available here

Nigerian Exchange Weekly Market Report For December 10th, 2021

Date 10/12/2021

A total turnover of 2.630 billion shares worth N26.900 billion in 20,848 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.278 billion shares valued at N17.340 billion that exchanged hands last week in 21,052 deals.

Deutsche Börse Group: Business Indicators For November 2021

Date 10/12/2021

Please find attached a summary of Deutsche Börse Group's business indicators for November 2021.

Nasdaq Announces Semi-Annual Changes To The OMX Copenhagen 25 Index

Date 10/12/2021

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Copenhagen 25 Index (Nasdaq Copenhagen: OMXC25) which will become effective at market open on Monday, December 20, 2021.

EBA Issues Revised List Of ITS Validation Rules

Date 10/12/2021

The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those, which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.

BIS: Interoperability Between Payment Systems Across Borders

Date 10/12/2021

Key takeaways

• Interoperability among payment systems – as the foundation for enhancing cross-border payments – requires technical, semantic and business system compatibility so that end users can seamlessly transact with each other across systems.
• Public and private sector options in pursuing cross-border payment system interoperability can be illustrated using four stylised models, ordered in increasing complexity and cost but also greater efficiency – a single access point, bilateral link, hub and spoke or a common platform.
• The BIS Innovation Hub is putting theory into practice with several innovative projects to foster interoperability across the four stylised models.
• An ambitious, multi-year G20 programme to enhance cross-border payments is under way.

EBA Consults On Liquidity Requirements For Investment Firms

Date 10/12/2021

The European Banking Authority (EBA) launched today a public consultation on its draft Regulatory Technical Standards (RTS) on specific liquidity measurement requirements for investment firms and draft Guidelines on liquidity requirements exemptions for small and non-interconnected investment firms. The draft RTS and draft Guidelines aim to ensure consistent supervisory practices with regards to the application of liquidity requirements for investment firms across all EU Member States. The consultations run until 10 March 2022.