News Centre

ASIC Publishes Guidance On Hawking Reforms

Date 23/09/2021

ASIC has published updated regulatory guidance on the prohibition of hawking financial products.

New Zealand Financial Markets Authority: Credit Card Repayment Insurance A Poor Value Product, Customers Urged To Check Policies

Date 23/09/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - is urging an estimated 200,000 New Zealanders who have credit card repayment insurance (CCRI) to check if they still need the product, after a review found it to be poor value. 

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With Irish Finance Minister And Eurogroup President Paschal Donohoe

Date 23/09/2021

Earlier today U.S. Secretary of the Treasury Janet L. Yellen spoke with Irish Finance Minister and Eurogroup President Paschal Donohoe. Secretary Yellen emphasized the goal of stabilizing the international tax system and stopping the race to the bottom through this once in a generation opportunity offered by the OECD Inclusive Framework. The Secretary also expressed appreciation for Ireland’s constructive participation in the negotiations to advance global tax reform, and the two ministers agreed to keep in close communication. 

Seizing Opportunity – Challenges And Priorities For The FCA - Speech By Our CEO, Nikhil Rathi, Delivered At The Lord Mayor's City Banquet At Mansion House

Date 22/09/2021

Highlights

• We took extraordinary measures to protect consumers throughout the pandemic. With a stronger economic and employment backdrop, we are now coming through those challenges.
• We are collaborating with international partners to deliver a world without LIBOR, transition to a net-zero economy and maintain high regulatory standards.
• We’re investing to become as much a data regulator as a financial one, working with partners to realise a future where compliance checks can be completed in near real time.
• We call on the financial services sector to partner with us to seize the opportunities presented by the profound forces transforming the sector and society.

Moscow Exchange: Risk Parameters Change For The Security INCY-

Date 22/09/2021

As per the Securities market risk parameters methodology, on 22.09.2021, 22-29 (MSK) the lower bound of the price band (up to 4712) and initial margins (up to 26.25 %) for the security INCY-RM were changed. New values are available here

EmiSwap Users Can Now Transfer Tokens Across Blockchains - EmiSwap’s Integration With Movr Will Allow Token Transfers Across blockchains Like Ethereum, Polygon, Arbitrum, Binance Smart Chain And xDAI At Higher Speeds And Lower Costs

Date 22/09/2021

EmiSwap (https://emiswap.com), the first, community-governed decentralized exchange (DEX) to provide high rewards for liquidity providers (LPs), today announced its integration with cross-chain bridge Movr. The integration will allow EmiSwap users to transfer tokens across blockchains like Ethereum, Polygon, Arbitrum, Binance Smart Chain and xDAI at lower fees and higher speed of transactions, finally offering a viable solution to lack of interoperability. 

Moscow Exchange: Risk Parameters Change For The Security INCY-

Date 22/09/2021

As per the Securities market risk parameters methodology, on 22.09.2021, 22-29 (MSK) the lower bound of the price band (up to 4712) and initial margins (up to 26.25 %) for the security INCY-RM were changed. New values are available here

FIA And ISDA Respond To ESMA’s Consultations On CCP Recovery & Resolution

Date 22/09/2021

On September 20, ISDA and FIA jointly responded to the European Securities and Markets Authority’s (ESMA’s)  seven consultations on recovery-related topics in the central counterparty (CCP) recovery and resolution regulation.

FINRA: New Research Examines Why Some Consumers Are More Vulnerable To Financial Scams

Date 22/09/2021

New findings from a two-year study bring researchers closer to understanding why some people are more likely to lose money to financial fraud. The FINRA Investor Education Foundation (FINRA Foundation), Better Business Bureau (BBB) Institute for Marketplace Trust, and the University of Minnesota completed the study, Exposed to Scams: Can Challenging Consumers’ Beliefs Protect Them from Fraud?, in advance of World Investor Week, October 4-10, 2021.

NYSE Member Firms Report Second Quarter Results

Date 22/09/2021

New York Stock Exchange member firms that conduct business with the public reported a second-quarter 2021 after-tax profit of approximately $8.5 billion and revenues of approximately $55.7 billion, compared with approximately $13.9 billion after-tax profit on revenues of about $57.5 billion in the second-quarter of 2020.