News Centre

Telegram To Return $1.2 Billion To Investors And Pay $18.5 Million Penalty To Settle SEC Charges

Date 26/06/2020

The Securities and Exchange Commission announced today that it obtained court approval of settlements with Telegram Group Inc. and its wholly owned subsidiary TON Issuer Inc. to resolve charges that Telegram's unregistered offering of digital tokens called "Grams" violated the federal securities laws. The defendants agreed to return more than $1.2 billion to investors and to pay an $18.5 million civil penalty.

CFTC Commitments Of Traders Update

Date 26/06/2020

The current reports for the week of June 23, 2020 are now available.

SEC: An Update On The Commission’s Targeted Regulatory Relief To Assist Market Participants Affected By COVID-19 And Ensure The Orderly Function Of Our Markets - Chairman Jay Clayton, William Hinman, Director, Division Of Corporation Finance, Dalia Blass, Director, Division Of Investment Management, Brett Redfearn, Director, Division Of Trading And Markets, June 26, 2020

Date 26/06/2020

Introduction

The U.S. Securities and Exchange Commission’s efforts in response to the COVID-19 pandemic are centered, first and foremost, on the health and safety of our employees and all Americans.  The Commission’s recognition of the corresponding need of market participants to also prioritize health and safety while ensuring the continuity of operations essential to the orderly function of our capital markets, drove the prompt actions of the Commission and its staff in the early stages of the pandemic’s effects in the United States.  We have assessed these actions in light of developments over the past several months, current conditions and our expectations in order to adjust our efforts as necessary or appropriate.  This statement provides a collective, cross-Divisional update based on that assessment.  

CalPERS Names Three Managing Investment Directors

Date 26/06/2020

The California Public Employees’ Retirement System (CalPERS) yesterday announced the appointment of three Managing Investment Directors (MID) in the CalPERS Investment Office.

BIS: Annual Economic Report 2020

Date 26/06/2020

A chapter on Central banks and payments in the digital era was pre-released on 24 June; the full Annual Economic Report and the Annual Report will be released on 30 June.

CFTC Commissioner Rostin Behnam To Participate In A Conversation About Climate Change And Financial Risk With Utah Clean Energy And The Nature Conservancy

Date 26/06/2020

Nigerian Stock Exchange Weekly Market Report For June 26th 2020

Date 26/06/2020

A total turnover of 739.375 million shares worth N8.563 billion in 17,248 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.050 billion shares valued at N10.125 billion that exchanged hands last week in 19,576 deals.

BIS: Investors' Risk Attitudes In The Pandemic And The Stock Market: New Evidence Based On Internet Searches

Date 26/06/2020

Key takeaways

• The sharp drop and subsequent rebound in global stock markets in the current pandemic focuses attention on changes in investors' risk attitudes. 
• A new Covid-19 risk attitude (CRA) index for 61 markets, based on internet searches in Google and Baidu, does a good job at capturing investors' attitudes toward pandemic-related risks. 
• Stock markets are more sensitive to changes in the CRA index in more financially developed economies. Stock markets are less sensitive in jurisdictions that have restricted mobility less and that have enacted other containment measures against the pandemic.

SteelEye Recognised As The Best Reporting Service For The Sell-Side - Wins The Regulatory Reporting Or Service Category In The 2020 Waterstechnology Sell-Side Technology Awards

Date 26/06/2020

SteelEye, the compliance technology and data analytics firm, has been recognised as the Best Reporting Service in the WatersTechnology Sell-Side Technology Awards 2020. Now in their eighth year, the awards recognise market leading technology providers, which have demonstrated innovation and sustainable growth over the past year.

UK Financial Conduct Authority: Requirements Have Been Imposed On Wirecard’s Authorisation

Date 26/06/2020

Wirecard Card Solutions Limited (FRN 900051) is authorised and supervised by the FCA to issue e-money and provide payment services including, issuing e-money onto prepaid cards. Wirecard is authorised under the Electronic Money Regulations 2011 (the EMRs) and its activities are also subject to requirements under the Payment Services Regulations 2017 (the PSRs).