News Centre

CFTC: DSIO Issues No-Action Relief Regarding Futures Commission Merchant’s Deposit Of Customer-Owned Securities As Margin With UK Broker

Date 31/10/2018

The  Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter to provide relief to a futures commission merchant (FCM) from certain requirements regarding the holding of customer-owned securities as margin for trading on foreign futures and options markets under CFTC regulations. This letter supersedes CFTC Letter No. 16-88 and was issued due to certain changes in the facts and circumstances represented in letter 16-88 resulting from changes to European laws. 

MiFID II: ESMA Publishes Data For The Systematic Internaliser Calculations For Equity, Equity-Like Instruments And Bonds

Date 31/10/2018

The European Securities and Markets Authority (ESMA) has published today data for the systematic internaliser calculations for equity, equity-like instruments and bonds under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). 

Statement From CFTC Chairman J. Christopher Giancarlo Regarding FCM’s Deposit Of Customer-Owned Securities As Margin With UK Broker Relief

Date 31/10/2018

Today’s no-action relief reflects the CFTC's continuing efforts to accommodate, where appropriate, cross-border derivatives activity in a changing global regulatory landscape.

EBA Publishes Final Guidance On Management Of Non-Performing And Forborne Exposures

Date 31/10/2018

The European Banking Authority (EBA) publishes today its final Guidelines on management of non-performing and forborne exposures. The Guidelines, developed in accordance with the European Council Action Plan, aim to ensure that credit institutions have adequate prudential tools and frameworks in place to manage effectively their non-performing exposures (NPEs) and to achieve a sustainable reduction on their balance sheets. To this end, the Guidelines require institutions to establish NPE reduction strategies and introduce governance and operational requirements to support them.

Fiserv Completes Acquisition Of Third-Party Debit Processing Solutions Of Elan Financial Services

Date 31/10/2018

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

SEC Updates List Of Firms Using Inaccurate Information To Solicit Investors - Updates Make It Easier For Retail Investors To Search Database

Date 31/10/2018

The Securities and Exchange Commission today announced that it has updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 16 soliciting entities, four impersonators of genuine firms, and eight bogus regulators. The SEC also made technical updates to its database to make it easier for retail investors to search and obtain information about unregistered entities.  The update to the database consolidates the active and archived lists.

Federal Reserve Board Invites Public Comment On Framework That Would More Closely Match Regulations For Large Banking Organizations With Their Risk Profiles

Date 31/10/2018

The Federal Reserve Board on Wednesday invited public comment on a framework that would more closely match the regulations for large banking organizations with their risk profiles. The changes would reduce compliance requirements for firms with less risk while maintaining more stringent requirements for firms with more risk.

NSE Indices Index Dashboard For The Month Ended October 2018

Date 31/10/2018

Click here to download the ' Index Dashboard' for the month ended October 2018.  

Nasdaq CFO Michael Ptasznik To Present At Bank Of America Merrill Lynch Future Of Financials 2018 Conference

Date 31/10/2018

Wells Fargo Asset Management Expands Multi-Asset Solutions Team - Joseph Wong joins WFAM As A Senior Solutions Manager

Date 31/10/2018

Wells Fargo Asset Management (WFAM) announced today that Joseph Wong has joined the firm as a Senior Solutions Manager, based in San Francisco.