News Centre

IIROC Enhances Transparency And Access To Government Debt Trades For Market Participants

Date 01/09/2020

The Investment Industry Regulatory Organization of Canada (IIROC) today announced that the first phase of IIROC's expanded role as the Information Processor (IP) of government debt securities for the Canadian Securities Administrators (CSA) takes effect.

BOX Exchange: Price Protections For Complex Orders

Date 01/09/2020

Beginning September 18, 2020, BOX Exchange LLC (“BOX” or the “Exchange”) will offer new price protections for Complex Limit Orders executed on BOX. 

Finansinspektionen: Continued Grounds For Suspension Of Dividend Payments For The Rest Of The Year

Date 01/09/2020

Despite positive signals, there is still considerable uncertainty about how the coronavirus pandemic will develop in the next few months in both Sweden and the rest of the world. To ensure the banks’ resilience in a situation that continues to be uncertain, the banks should suspend the payment of dividends to shareholders in 2020. This was the message from Finansinspektionen’s Director General Erik Thedéen at Fastighetsdagen today.

US Department Of Justice Antitrust Division Seeks Public Comments On Updating Bank Merger Review Analysis

Date 01/09/2020

The Department of Justice’s Antitrust Division announced today that it is seeking public comments into whether the division should revise the 1995 Bank Merger Competitive Review guidelines (“Banking Guidelines”) to reflect emerging trends in the banking and financial services sector and modernize its approach to bank merger review under the antitrust laws. Today’s announcement is part-and-parcel of the division’s broader efforts and increased focus on protecting competition in the financial markets and follows the recent remarks and announcement by Assistant Attorney General for the Antitrust Division Makan Delrahim, concerning the realignment of commodities at the division.

SEC Investor Advisory Committee To Meet Virtually On September 24

Date 01/09/2020

The Securities and Exchange Commission's Investor Advisory Committee will hold a virtual public meeting on September 24, 2020.  The meeting will begin at 10 a.m. ET, is open to the public via live webcast, and will be archived on the Committee's website for later viewing.

Bringing The Statement On Longer-Run Goals And Monetary Policy Strategy Into Alignment With Longer-Run Changes In The Economy, Federal Reserve Governor Lael Brainard - At "How The Fed Will Respond To The COVID-19 Recession In An Era Of Low Rates And Low Inflation," An Event Hosted By The Hutchins Center On Fiscal And Monetary Policy At The Brookings Institution, Washington, D.C. (Via Webcast)

Date 01/09/2020

I want to thank David Wessel for hosting this event. It is an honor to be here with Ben Bernanke and Janet Yellen, who pioneered the original Statement on Longer-Run Goals and Monetary Policy Strategy in 2012. It is a pleasure to discuss the new statement, unanimously approved by the Federal Open Market Committee (FOMC) last week.1 By bringing our longer-run goals and strategy into alignment with key longer-run changes in the economy, the new statement will strengthen our support for the recovery. In my view, the new statement breaks important ground and will serve the country well as we respond to the economic repercussions of the COVID-19 crisis.

Revised Lists Of The Moscow Exchange Indices Announced

Date 01/09/2020

Moscow Exchange announced the results of the quarterly review for MOEX indices. All changes were made upon recommendations from the Index Committee and will be implemented from 18 September 2020. The Exchange has also set free floats for a number of companies.

US Federal Agencies Extend Comment Period On Proposed Revisions To Interagency Questions And Answers Regarding Flood Insurance

Date 01/09/2020

Five federal regulatory agencies today announced they will extend the comment period on a proposal to revise the Interagency Questions and Answers Regarding Flood Insurance (Interagency Questions and Answers) until November 3, 2020.

SEC Awards Over $2.5 Million To Joint Whistleblowers For Detailed Analysis That Led To Multiple Successful Action

Date 01/09/2020

The Securities and Exchange Commission today announced an award of over $2.5 million to joint whistleblowers whose tip based largely on highly probative independent analysis of a public company’s filings led to several successful enforcement actions.  In addition to their tip, the whistleblowers provided helpful assistance early in the investigation, which helped save Commission time and resources. 

EBA Publishes Its 2019 Annual Report On Resolution Colleges

Date 01/09/2020

The European Banking Authority (EBA) published today its Annual Report on resolution colleges for 2019. The Report sets out the EBA’s observations on the efficiency, effectiveness and consistency of the functioning of resolution colleges during the year and the progress achieved in key areas of resolution planning. It also highlights the main areas that the EBA will monitor in 2020, which primarily address responses to the effects of the Covid-19 pandemic. Overall, the Report shows that resolution colleges continue to be an active forum for resolution authorities in the development of resolution plans for cross-border banking groups, where the intensity and quality of cooperation and dialogue has also improved.