News Centre

ESMA Publishes Updated AIFMD And UCITS Q&As

Date 04/06/2019

The European Securities and Markets Authority (ESMA) has published updated questions and answers documents (Q&A) on the application of the Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for the Collective Investment in Transferable Securities (UCITS) Directive.

Moscow Exchange Trading Volumes In May 2019

Date 04/06/2019

Total trading volume across Moscow Exchange’s markets was RUB 61.0 trln in May 2019.

Malawi Stock Exchange: Eid Holiday

Date 04/06/2019

Please be informed that the stock exchange will not open for business on 5^th June 2019.

IOSCO Examines Regulatory-Driven Market Fragmentation And Considers How To Enhance Cross-Border Cooperation

Date 04/06/2019

The Board of the International Organization of Securities Commissions today published a report that examines instances of regulatory-driven fragmentation in wholesale securities and derivatives markets and considers what actions regulators can take to minimize its adverse effects.

SEC: Hedge Fund Adviser To Pay $5 Million For Compliance Failures Related To Valuation Of Fund Assets

Date 04/06/2019

The Securities and Exchange Commission today announced that a private fund manager in the mortgage-backed securities space has agreed to pay a $5 million penalty to settle charges stemming from compliance deficiencies that contributed to the firm’s failure to ensure that certain securities in its flagship fund were valued properly.

The World Federation Of Exchanges’ Statement On Promoting Financial Stability And Growth Through International Regulatory Coherence - WFE Statement Comes As G20 Finance Ministers Meet In Japan To Discuss Market Fragmentation

Date 04/06/2019

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has today published a statement entitled ‘Financial Stability through International Regulatory Coherence’ which discusses cross-border fragmentation arising from unjustified dissonance between jurisdictions’ financial services regimes.

U.S. Congress Must Stop Export-Import Bank From Financing Fossil Fuel Projects Abroad

Date 04/06/2019

The House Financial Services Committee today held a hearing on the reauthorization of the Export-Import Bank, the U.S. government’s official export credit agency. If reauthorization is approved by Congress, the Ex-Im Bank could provide tens of billions of dollars in financing for climate-damaging fossil fuel projects around the world.

Purdue University/CME Group Ag Economy Barometer: Farmer Sentiment Hits Lowest Level In Over Two Years

Date 04/06/2019

Ag producer sentiment dropped to its lowest level since October 2016, erasing all improvements recorded following the November 2016 election. The Purdue University/CME Group Ag Economy Barometer, based on a mid-month survey of 400 agricultural producers across the U.S., declined 14 points in May to a reading of 101, down from 115 in April.

UK FinTechs Are Most Likely To Shake Up The AML Status Quo, According To New Research From LexisNexis Risk Solutions

Date 04/06/2019

New research from LexisNexis Risk Solutions examines fintech companies’ view of the UK’s anti-money laundering regime

• Almost half of UK fintech companies are not confident the current UK regulatory framework for fighting money laundering is effective, with 12% regarding it as not at all effective

• Above all, UK fintechs are calling for greater use of advanced analytics and emerging technologies to improve the fight against money laundering in the UK

• Over half (53%) of fintechs view the lack of information sharing between regulated industries as the biggest external barrier to effective AML controls

• Tackling complacency towards money laundering within their organisations and raising awareness of the threat to business will be key in fintechs’ fight against financial crime

FSB Publishes Report On Market Fragmentation

Date 04/06/2019

The Financial Stability Board (FSB) today published a report on market fragmentation and identified several areas for further work to address it. The report was delivered to G20 Finance Ministers and Central Bank Governors ahead of their meetings in Fukuoka on 8-9 June.