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Speech By Charles Randell, UK Financial Conduct Authority Chair, To The Finance And Leasing Association - Cautious Optimism For The Post-Pandemic World - Speech Delivered At The Finance And Leasing Association Industry Gathering On 22 April 2021

Date 22/04/2021

Highlights:

• To be effective in the new world of financial services that coronavirus has brought forward, the FCA must enforce the gateway to authorisation; focus on the basics; focus on outcomes; and use our rulebook better and faster
• We must also reshape the FCA itself, and this transformation is under way
• To make the transformation last, we must state clearly the outcomes we want, measure these outcomes and be transparent about whether we have achieved them

British Columbia Securities Commission: HSBC Subsidiary Agrees To Pay $1,050,000 For Failing To Deal Fairly With Investors

Date 22/04/2021

A B.C.-based firm that failed to deal fairly with investors in its mutual funds has agreed to pay $1,050,000 as part of a settlement agreement with the British Columbia Securities Commission (BCSC).

BOX Options Market : Monday And Wednesday Weekly Expirations For QQQ Options

Date 22/04/2021

Subject to regulatory approval, BOX Options Market LLC (“BOX”) will expand the Short Term Option Series Program (STO) to list for trading options series on the Invesco QQQ TrustSM Series (QQQ) ETF Trust which expire on Mondays and Wednesdays.

CryptoCompare Digital Asset Management Review: ETH Now Represents 13% Of AUM Across All Digital Asset Investment Products

Date 22/04/2021

CryptoCompare has just released its latest Digital Asset Management Review, a monthly report that focuses on key developments in the global digital asset investment product landscape. The report tracks the adoption of these products by analysing assets under management, trading volumes, and price performance.

Alex Oh Named SEC Director Of Enforcement

Date 22/04/2021

The Securities and Exchange Commission today announced that Alex Oh has been appointed Director of the Division of Enforcement. Oh was most recently a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP and co-chair of the law firm’s Anti-Corruption & FCPA Practice Group. She was previously an Assistant U.S. Attorney in the Criminal Division of the U.S. Attorney's Office for the Southern District of New York, where she was a member of the Securities & Commodities Fraud Task Force and the Major Crimes Unit.

Moscow Exchange: Risk Parameters On Securities Market - Update

Date 22/04/2021

CCP NCC will set the following risk parameters on Securities market due to corporate actions:

interactive-trading.com: BaFin Investigates Innovative Software Solutions LLC

Date 22/04/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin wishes to clarify that Innovative Software Solutions LLC, Saint Vincent and the Grenadines, has not been granted authorisation to conduct banking business or to provide financial services, as required under the KWG. The company is not subject to BaFin’s supervision.

MIT Economics Professor Daron Acemoglu to Receive CME Group-MSRI Prize in Innovative Quantitative Applications - Panel Of Leading Economists To Discuss Perils And Promise Of Big Data

Date 22/04/2021

CME Group, the world's leading and most diverse derivatives marketplace, and the Mathematical Sciences Research Institute (MSRI), announced its 15th Innovative Quantitative Applications Prize recipient.   Daron Acemoglu, Institute Professor at the Massachusetts Institute of Technology (MIT), is the 2020 CME Group-MSRI Prize winner for his work in economics and mathematics. A virtual event honoring Acemoglu will be hosted by CME Group on May 5, 2021 at 10:00 a.m. CT.

Two Million More Economic Impact Payments Disbursed Under The American Rescue Plan; Total Reaches Approximately 161 Million As Payments Continue

Date 22/04/2021

Today, the U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced they are disbursing nearly 2 million payments in the sixth batch of Economic Impact Payments from the American Rescue Plan.

BIS: Growth, Coal And Carbon Emissions: Economic Overheating And Climate Change

Date 22/04/2021

Summary

Focus

Climate change is perhaps the greatest challenge of our time. It poses unprecedented risks to our economies. By the end of the century, global temperatures are likely to rise by 3 degrees Celsius from pre-industrial levels, and could rise even more. To avoid a climate catastrophe we need to reduce the emission of carbon dioxide that drives climate change. Therefore, our economies need to change. To devise the right policies, policymakers need to map macroeconomic variables into carbon emissions.