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  • CFTC Issues Guidance On Factors Used in Evaluating Corporate Compliance Programs In Connection With Enforcement Matters

    Date 10/09/2020

    The Commodity Futures Trading Commission today announced the issuance of new, public, staff-level guidance by the Division of Enforcement, which outlines factors that will be considered when evaluating compliance programs in connection with enforcement matters. The guidance, which will be published in the agency’s Enforcement Manual, is the first of its kind issued by the Division. It follows the recent update of the agency’s civil monetary penalty guidance, which was released in May. [See CFTC Press Release No. 8165-20]


  • UK Financial Conduct Authority Publishes Annual Report And Accounts 2019/20

    Date 10/09/2020

    The Financial Conduct Authority (FCA) has today published its Annual Report and Accounts, which looks back on the organisation’s key pieces of work throughout 2019/20.

  • IROC Publishes The Best Practices For Electronic Proceedings

    Date 10/09/2020

    Due to social distancing and other public health measures in response to COVID-19, IIROC inperson hearings were postponed or converted to electronic proceedings, either by telephone or videoconference. As the situation continues to evolve, the IIROC Hearing Committee remains committed to ensuring that proceedings are conducted in the public interest in a manner that is timely, fair and safe. This requires that hearings be conducted electronically until such time as inperson hearings become feasible.

  • EBA Issues Revised List Of ITS Validation Rules

    Date 10/09/2020

    The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those, which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.


  • Finansinspektionen: Decision Regarding The Countercyclical Buffer Rate

    Date 10/09/2020

    Finansinspektionen (FI) decided on 9 September not to change the countercyclical buffer rate. The buffer rate of 0 per cent, which was applied starting on 16 March 2020, shall thus continue to apply. The countercyclical buffer guide is set at 1.3 per cent.