News Centre

European Commission - Capital Markets Union: Commission Provides Guidance On Protection Of Cross-Border EU Investments

Date 19/07/2018

The Commission has today issued guidance to help EU investors to invoke their rights before national administrations and courts and to help Member States to protect the public interest in compliance with EU law.

CFTC Chairman Giancarlo To Testify Before The House Committee On Agriculture

Date 19/07/2018

EIOPA Appoints More Retail User Expert Representatives To Its Insurance And Pensions Stakeholder Groups - Five Of Them Are From BETTER FINANCE And Its Member Organisations

Date 19/07/2018

On 17 July EIOPA, the European Insurance and Occupational Pensions Authority announced the new composition of its two “stakeholder groups”: the Insurance and Reinsurance one (IRSG), and the Occupational Pensions one (OPSG).

United Kingdom Parliament Treasury Committee Update: Letter From The Chancellor Of The Exchequer To The Chair Regarding EU Financial Services Regulation, 7 July 2018

Date 19/07/2018

Click here to download the letter from the Chancellor of the Exchequer to the Chair regarding EU financial services regulation, 7 July 2018.

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.