News Centre

New Climate-Related Disclosure Regime Expands New Zealand Financial Markets Authority’s Responsibilities

Date 21/10/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko acknowledges the passage of the third reading of the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill.

Private Equity Deals Drive Global Travel And Tourism Industry Up By 3.5% In September 2021, Finds GlobalData

Date 21/10/2021

Deal activity (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC) financing) in the global travel and tourism industry, which has been facing the brunt of the COVID-19 pandemic since the beginning of 2021, has reported 3.5% growth in September, driven by a massive growth in the announcement of private equity deals, finds GlobalData, a leading data and analytics company.

CFTC Charges El Paso Resident And His Firm In Ongoing $3.9 Million Forex And Cryptocurrency Fraud And Misappropriation Scheme

Date 20/10/2021

The Commodity Futures Trading Commission today announced that it has filed a civil enforcement action in the Western District of Texas against Abner Alejandro Tinoco, and his company, Kikit & Mess Investments, LLC, both of El Paso, Texas, charging them with fraudulent solicitations and misappropriation of over $3.9 million. 

Shirin Hamid To Become The IMF’s Chief Information Officer And Director Of The Information And Technology Department

Date 20/10/2021

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Ms. Shirin Hamid as Chief Information Officer (CIO) and Director of the Information Technology Department (ITD). Ms. Hamid’s selection was the outcome of an internationally competitive process.

Remarks At The PRI/LSEG Investor Action On Climate Webinar, SEC Commissioner Allison Herren Lee, Washington D.C., Oct. 20, 2021

Date 20/10/2021

Good morning or good afternoon depending on where you are. I want to start by thanking Principles for Responsible Investment and the London Stock Exchange Group for inviting me to speak today, and for holding this event. I also need to share the standard, but important, disclaimer that the views I express are my own and not those of the Commission or its staff.

CFTC Charges Energy Broker, Its Owners, and Affiliated Firms with Fraud, Unauthorized Trading, and Supervision Violations

Date 20/10/2021

The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Northern District of Texas against Coquest Inc., a registered introducing broker (IB), and its owners Dennis Weinmann and John Vassallo, and their trading firms Buttonwood LLC and Weva Properties Ltd., all of Dallas, Texas.

In The Matter Of Credit Suisse, SEC Commissioner Hester M. Peirce, Oct. 20, 2021

Date 20/10/2021

On October 19, 2021, Credit Suisse Securities (Europe) Limited (“CSSEL”) entered a guilty plea to one count of criminal conspiracy with the U.S. Department of Justice related to defrauding U.S. and international investors in the financing of an $850 million loan for a tuna fishing project in Mozambique. One consequence of CSSEL’s guilty plea is the triggering of section 9(a) of the Investment Company Act of 1940, which, absent Commission action, automatically disqualifies CSSEL affiliates from, among other things, serving as investment advisers or principal underwriters to certain types of investment companies. The affiliated investment fund service providers, who are applicants for relief here, were not involved in the actions leading to CSSEL’s guilty plea, and funds they serve are not alleged to have been harmed by CSSEL’s conduct. Disqualifying these affiliates from continuing to serve as advisers, subadvisers, and underwriters for nearly sixty funds would be unwarranted and, more importantly, would harm the funds and their shareholders. Accordingly, I support the Commission’s issuance of a temporary order and notice of application for a permanent order exempting named Credit Suisse entities from the provisions of section 9(a). My support, however, is not as enthusiastic as it might be.

Alberta Securities Commission Connect 2021 To Provide Insight On Trends And Opportunities In Alberta’s Capital Market

Date 20/10/2021

The Alberta Securities Commission (ASC) is bringing together government and industry leaders to discuss opportunities and evolving trends in Alberta’s capital market at its annual signature event, ASC Connect, which will be held virtually on Thursday, Oct. 21, 2021.

Cboe Agrees To Acquire ErisX, Entering Digital Asset Space With Spot, Derivatives And Clearing Platform

Date 20/10/2021

• Ownership of ErisX provides Cboe with entry to digital asset spot and derivatives markets, including clearing and settlement
• Cboe plans Digital Advisory Committee of industry participants to develop industry standard-setting platform
• Opportunity to build comprehensive digital asset market data offering, create indices and explore further derivatives products
• Deal is expected to close in the first half of 2022, pending regulatory approvals

Moscow Exchange: Risk Parameters Change For The Security PINS-RM - Update

Date 20/10/2021

As per the Securities market risk parameters methodology, on 20.10.2021, 20-46 (MSK) the upper bound of the price band (up to 4734) and initial margins (up to 30 %) for the security PINS-RM were changed. New values are available here