News Centre

Commissioner Rostin Behnam To Discuss Managing Climate Risk In The US Financial System At Duke Law School Event

Date 16/09/2020

tZERO Achieves Record Results In August 2020 - The tZERO ATS Traded $22.0M In Digital Securities; Total Crypto App Users Grew By 11% Over The Prior Month

Date 16/09/2020

Expert Comment: UK Financial Conduct Authority’s Decision - Notice Against Corrado Abbattista For Market Manipulation, Duff & Phelps

Date 16/09/2020

Nick Bayley Managing Director, Head of UK Regulatory Consulting of Duff & Phelps comments on the FCA’s Decision Notice against Corrado Abbattista for market manipulation:

“This is FCA’s very first market abuse outcome under the EU Market Abuse Regulation, which went live in July 2016.  We can see from its Annual Report that the regulator had 29 market manipulation cases open as at 31 March this year, so hopefully other outcomes will follow quickly in its wake."

Opening Remarks At The September 16, 2020 Meeting Of The Asset Management Advisory Committee, SEC Chairman Jay Clayton, Sept. 16, 2020

Date 16/09/2020

Welcome everyone to today’s Meeting of the Commission’s Asset Management Advisory Committee, or AMAC, including everyone joining us virtually or listening to the meeting through the Commission’s website. I am glad that the important work of both the Committee and, more broadly, the Commission can continue uninterrupted as we remain in our current telework posture.

UK Financial Conduct Authority Publishes Decision Notice Against Corrado Abbattista For Market Manipulation

Date 16/09/2020

The FCA has published a Decision Notice today in respect of Corrado Abbattista, an experienced trader and a portfolio manager, partner and Chief Investment Officer at Fenician Capital Management LLP, for market abuse, imposing a financial penalty of £100,000 and prohibiting him from performing any functions in relation to regulated activity.

Refinitiv Announces The 2020 D&I Index Top 100 Most Diverse & Inclusive Organizations Globally

Date 16/09/2020

• Refinitiv D&I Index measures relative performance against multiple factors that define diverse and inclusive workplaces.
• Industries leading this year’s index: 18 banking, investment services & insurance; 9 pharmaceuticals; 7 telecommunications services, specialty retailers and personal & household products & services.
• United States leads Top 100 list: 20 firms followed by United Kingdom 13, Australia 9, Canada and France 7.  
• Refinitiv Diversity & Inclusion report shows progress across cultural and gender board diversity: EMEA leads the way with the most culturally and gender diverse boards. Regionally, Africa is leading the way with on average 34% of female managers. 

Bank Of England Governor Andrew Bailey Statement On Chris Woolard’s Departure From The Financial Conduct Authority

Date 16/09/2020

Following the FCA’s New Release, Governor Andrew Bailey has provided the following statement:

“Chris is a leader, original thinker, innovator and a terrific colleague. He has made a huge contribution to building the FCA for which he deserves great thanks.”

UK Financial Conduct Authority: Christopher Woolard To Chair Review Of Unsecured Credit Market Regulation

Date 16/09/2020

The Financial Conduct Authority (FCA) has announced that Chris Woolard will chair a review of the future regulation of the unsecured credit market, reporting to the FCA Board.

Nasdaq Launches Anti-Money Laundering Investigation Technology - Nasdaq Automated Investigator To Address Gap In Anti-Money Laundering (AML) Investigations Process

Date 16/09/2020

Today Nasdaq (Nasdaq: NDAQ) announced the launch of the cloud-deployed Nasdaq Automated Investigator for AML, the first automated solution for investigating anti-money laundering (AML) for retail and commercial banks and other financial institutions. Designed, built and offered in partnership with UK-based Caspian, Nasdaq Automated Investigator for AML further expands Nasdaq’s global efforts in combatting financial crime and promoting market integrity in the capital markets and beyond.

UK Financial Conduct Authority Proposes The Next Stage Of Support For Consumer Credit And Overdraft Customers

Date 16/09/2020

The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support for users of consumer credit and overdraft products who continue to face payment difficulties due to coronavirus (Covid-19).