News Centre

CFTC Commissioner Stump To Participate In A Fireside Chat At The 13th Annual Capital Markets Summit: The New World Of Finance

Date 01/04/2019

Office Of The Comptroller Of The Currency: Maryann Kennedy Named Senior Deputy Comptroller For Large Bank Supervision

Date 01/04/2019

The Office of the Comptroller of the Currency (OCC) today named Maryann Kennedy its next Senior Deputy Comptroller for Large Bank Supervision.

CFTC: Federal Court Finds Former Precious Metals CEO Robert Escobio In Contempt Of Court For Failure To Pay Restitution To Defrauded Customers - Escobio Ordered To Surrender To United States Marshal Service

Date 01/04/2019

The U.S. Commodity Futures Trading Commission (CFTC) announced today that on March 18, 2019, District Judge James Lawrence King of the U.S. District Court for the Southern District of Florida entered an order finding Coral Gables, Florida resident Robert Escobio in contempt (“Contempt Order”) for failing to pay more than $1.5 million in previously-ordered restitution to defrauded customers of Mr. Escobio’s now-defunct precious metals firm, Southern Trust Metals, Inc. (“Southern Trust”).

Toronto Stock Exchange And TSX Venture Exchange Head To South America - Canada's Premier Equity Exchanges Advance Global Growth Strategy By Expanding Presence In The Region

Date 01/04/2019

Canada's leading equity markets, Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), today announced a South American listings roadshow set to kick-off this week with stops in Peru and Brazil. The Exchanges will focus on strengthening established relationships with the South American business community and exploring new opportunities as part of their international growth strategy.

San Juan Mercantile Bank & Trust International Commences Banking Operations In Support Of Digital Asset Trading - First Deposits Received

Date 01/04/2019

The San Juan Mercantile Bank & Trust International (SJMBT) announced today that it has received its first client deposit and commenced operations, following the bank's receipt last month of its license to operate from Puerto Rico's Office of the Commission of Financial Institutions (OCIF). SJMBT offers fiat and digital asset custody and settlement services, and it is expected to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).  Together, SJMX and SJMBT will provide an integrated end-to-end solution for institutional customers seeking a familiar, efficient and secure way to trade digital currencies.

EBA Publishes Clarifications To The Second Set Of Issues Raised By Its Working Group On APIs Under PSD2

Date 01/04/2019

The European Banking Authority (EBA) published today clarifications to the second set of issues raised and discussed by participants of its Working Group (WG) on APIs under PSD2. The issues relate to API performance and support, the provision of a list of Third Party Providers (TPPs) that are interested in testing, the testing by TPPs that are not authorised, and the timelines applicable across the EEA if Account Servicing Payment Service Providers (ASPSPs) want to be exempted from the fall-back mechanism.

Finansinspektionen Comments On The Recent Events Involving Swedbank

Date 01/04/2019

Over the past few weeks, the media has reported on potentially major problems related to money laundering primarily in Swedbank’s Estonian operations. These reports have caused the bank’s share price to fall and had a negative impact on the bank’s reputation. 

London Stock Exchange Group: Block Listing Six Monthly Return

Date 01/04/2019

Click here for details of the LSEG’s block listing six monthly return.

Third-Best March In MGEX History

Date 01/04/2019

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports March 2019 as the third-best March in MGEX history with a total volume of 163,316 contracts traded.

UK Serious Fraud Office: Senior Bankers Sentenced To 9 Years For Rigging EURIBOR Rate

Date 01/04/2019

Today Carlo Palombo and Colin Bermingham were sentenced to a total of 9 years imprisonment at Southwark Crown Court for manipulating the Euro Interbank Offered Rate (EURIBOR) at the height of the financial crisis.