News Centre

CFTC: Federal Court Orders Estonian Forex Dealer To Pay Over $10 Million In Sanctions For Defrauding U.S. Customers And Orders Introducing Broker That Solicited For Dealer To Pay $85,000 Penalty - Tallinex Ltd. Ordered To Pay Nearly $10.3 Million In Restitution To Defrauded Customers And Defendants Ordered To Pay Civil Monetary Penalties Totaling More Than $760,000

Date 19/07/2018

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge David Nuffer of the U.S. District Court for the District of Utah entered an Order for Final Judgment by Default against Tallinex, a/k/a Tallinex, Ltd. (Tallinex), an Estonian company that was licensed to do business in St. Vincent and the Grenadines.  The Default Order requires Tallinex to pay $10,289,391 in restitution to U.S. customers and a civil penalty of $681,888.  The Order, entered on July 9, 2018, also permanently prohibits Tallinex from violating the Commodity Exchange Act, as charged.

UK's Serious Fraud Office: Senior Bankers Sentenced To More Than 13 Years For Rigging EURIBOR Rate

Date 19/07/2018

Today Christian Bittar and Phillipe Moryoussef were sentenced to a total of 13 years, 4 months’ imprisonment at Southwark Crown Court for manipulating the Euro Interbank Offered Rate (EURIBOR) at the height of the financial crisis.

UK Financial Conduct Authority Publishes Annual Report And Accounts 2017/18

Date 19/07/2018

The Financial Conduct Authority (FCA) has today published its Annual Report and Accounts, which looks back on the key pieces of work undertaken by the organisation throughout 2017/18.

Introductory Remarks, Federal Reserve Vice Chairman For Supervision Randal K. Quarles,At The Alternative Reference Rates Committee Roundtable, The Federal Reserve Bank Of New York, New York, New York (Via Prerecorded Video)

Date 19/07/2018

Good morning. I am sorry that I cannot be with you in person for this third roundtable hosted by the Alternative Reference Rates Committee (ARRC), but I wanted to tape these remarks to make clear the Federal Reserve's full commitment to mitigating the risk to financial stability should a key reference rate cease to be available. We support the ARRC and its work. And support for the ARRC is not limited to the Federal Reserve System: the Bureau of Consumer Financial Protection, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Federal Housing Finance Agency, Office of the Comptroller of the Currency, Office of Financial Research, Securities and Exchange Commission, and U.S. Treasury Department are all ex officio members of the ARRC.

Moscow Exchange: Risk Parameters Change On Securities markets

Date 19/07/2018

CCP NCC is changing risk parameters on Securities market for Megafon (MFON) shares:

ESMA Consults On Revising CRAS’ Periodic Reporting

Date 19/07/2018

The European Securities and Markets Authority (ESMA) has today issued a consultation paper for revised Guidelines on the information that is to be periodically reported to ESMA by credit rating agencies (CRAs) for supervisory purposes. 

Brexit: European Commission Publishes Communication On Preparing For The UK's Withdrawal From The EU

Date 19/07/2018

The European Commission has today adopted a Communication outlining the ongoing work on the preparation for all outcomes of the United Kingdom's withdrawal from the European Union.

Horizon Growth Prompts North American Expansion With Appointment Of Regional Manager

Date 19/07/2018

Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, announced today the appointment of Francis Leclerc as Regional Manager for North America. Bringing over 20 years of experience in investment banking, Leclerc spent the last five years in Société Générale. In his new role he will head Horizon’s North American office as the company continues to deliver on its aggressive strategy of expansion. With a significant investment by Capzanine announced in June, new partnerships, award wins and new clients, Horizon’s exceptional growth continues. Having further extended its exchange connectivity, Horizon made the logical choice to establish itself in North America to add to its fast-growing presence in global markets.

HKEX: Stock Exchange Participants' Market Share Report

Date 19/07/2018

Stock Exchange Participants' Market Share Report

European Commission - Press Point By Michel Barnier In Advance Of His Meeting With Dominic Raab, UK Secretary Of State For Exiting The EU

Date 19/07/2018

I am very happy to welcome the Secretary of State to the Commission – Dominic, it is a pleasure to meet you!

We have a lot of work to do, with our teams.

There are thirteen weeks left before the October European Council.