News Centre

SEC: Giles Cohen Named Acting Chief Counsel, Office Of The Chief Accountant

Date 21/02/2019

The Securities and Exchange Commission today announced that Giles Cohen has been named Acting Chief Counsel, Office of the Chief Accountant (OCA). 

CFTC Commissioner Behnam To Participate In A Panel At The Structured Finance Industry Group (SFIG) Vegas 2019 Conference

Date 21/02/2019

SEC Names James P. McNamara As Chief Human Capital Officer

Date 21/02/2019

The Securities and Exchange Commission today announced that James P. McNamara has been named the agency’s Chief Human Capital Officer (CHCO) and Director of the Office of Human Resources (OHR).  Mr. McNamara has served as Acting CHCO since April 2018.  As CHCO, Mr. McNamara will manage the agency’s human resources programs and policies in areas such as leadership and employee development, recruitment and retention, labor relations, performance management, and compensation and benefits, and will continue to play a key role in driving efforts to sustain a high performing, highly engaged SEC workforce.

Ending Reliance On LIBOR: Overview Of Progress Made On Transition To Overnight Risk-Free Rates And What Remains To Be Done - Speech By Megan Butler, Executive Director Of Supervision – Investment, Wholesale And Specialists At The FCA, Delivered At The Investment Association, London

Date 21/02/2019

Highlights:

• Firms need to end their reliance on the London Inter-bank Offered Rate (LIBOR) by end-2021.
• We have seen 15 sterling bond issues that have referenced compounded The Sterling Overnight Index Average-based (SONIA), with a total value of about £8.7bn, so far in 2019.
• We are seeing evidence of progress, but there is work that remains to be done.

ETFGI Reports Assets Invested In Actively Managed ETFs And ETPs Listed Globally Rises To US$112 Billion, Highest On Record

Date 21/02/2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that actively managed ETFs and ETPs gathered net inflows of US$1.48 billion in January. Assets invested in actively managed ETFs/ETPs finished the month up 4.60%, from US$106.90 billion at the end of December, to US$111.83 billion, according to ETFGI's January 2019 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Joint Statement By The Estonian And Swedish Financial Supervisory Authorities

Date 21/02/2019

Eesti Finantsinspektioon (the Estonian FSA) and Finansinspektionen (the Swedish FSA) consider the reports regarding suspected money laundering that yesterday were made public yesterday on Swedish television (SVT) to be very serious. It is extremely important that the banks’ senior management and boards of directors view these matters seriously and take all necessary actions to ensure compliance with laws and regulations.

The European Association Of CCP Clearing Houses (EACH) Welcomes Political Agreement EMIR REFIT But Highlights Risks Of Circumvention Of Clearing Obligation

Date 21/02/2019

EACH welcomes the political agreement reached by the European Parliament and EU Member States on the targeted reform of the European Market Infrastructure Regulation (EMIR REFIT). Despite the pushes by some industry participants for regulatory rollback, we believe the agreed texts preserves the core elements of a Regulation which has been key in implementing the G20 reforms into EU law, therefore improving the risk-management of OTC derivatives markets and financial stability as a whole.

Finansinspektionen’s Comments On Uppdrag Granskning’s Disclosures Regarding Suspected Money Laundering

Date 21/02/2019

FI considers the disclosures regarding suspected money laundering presented by SVT’s program Uppdrag Granskning to be very serious. FI’s Director General Erik Thedéen has made the assessment in several interviews in conjunction with the events in Danske Bank that the possibility of Swedish banks being involved in money laundering cannot be ruled out entirely, but that the scope is most likely more narrow than what has been identified in Danske Bank.

Graystone Asset Management Partners With Trading Technologies To Utilize TT’s New Infrastructure-As-A-Service (IaaS) Solution For Low-Latency Connectivity To Global Exchanges

Date 21/02/2019

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced that Graystone Asset Management Ltd, an investment management and advisory firm, has contracted with Trading Technologies to secure ultra-low-latency connectivity to leading exchanges through TT’s new Infrastructure-as-a-Service (IaaS) solution. With this offering, Graystone Asset Management will leverage TT’s existing colocation facilities and deterministic fiber network to participate in international derivatives and cryptocurrency markets.

TSX Venture Exchange Announces The 2019 TSX Venture 50 - Market Open Ceremony To Be Held On February 22 To Celebrate TSXV's Top Performing Companies

Date 21/02/2019

TSX Venture Exchange (TSXV) is pleased to announce the 2019 TSX Venture 50 - an annual showcase of top performing companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. Representatives of the TSX Venture 50 companies will join TMX Group executives at a market open ceremony on Friday, February 22, at 9:30 a.m. EST to celebrate their achievement.