Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • FINRA Announces Governor Elections

    Date 29/08/2018

    FINRA announced today the election of three Governors to its Board of Governors:

    • Timothy C. Scheve, President and Chief Executive Officer of Janney Montgomery Scott LLC, was elected by large firms as a Large Firm Governor, one of three representatives of large firms on the Board. Scheve joined the FINRA Board of Governors in April, when he was appointed to fill an unexpired term.
    • FINRA mid-size firms re-elected Brian J. Kovack, Co-Founder & President of Kovack Securities, Inc., as the Mid-Size Firm Governor. Kovack was first elected to the Board in 2015, and serves as its sole mid-size firm representative.
    • FINRA small firms elected Paige W. Pierce, Senior Vice President of Larimer Capital Corp., as one of three small firm representatives on the Board of Governors. Pierce is a former chair of the FINRA Small Firm Advisory Committee (SFAC).

  • SIFMA Statement On Confirmation Of Richard Clarida

    Date 29/08/2018

    SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Richard Clarida as Vice Chairman of the Federal Reserve board.

  • Office Of The Comptroller Of The Currency Bulletin: Credit Risk: Informal Or Implied Support From Foreign Governments (Implied Sovereign Support)

    Date 28/08/2018

    Summary

    The Office of the Comptroller of the Currency (OCC) is issuing guidance to national banks, federal savings associations, and federal branches and agencies (collectively, banks) regarding the role of informal or implied expressions of support from foreign governments (implied sovereign support) in determining a borrower’s obligor and facility credit risk ratings. Because implied sovereign support is not a legally binding guarantee, this guidance reminds banks that such expressions of informal or implied support should be viewed as no more than a mitigating factor when evaluating a borrower’s credit risk.

  • IronFX And EmurgoHK Create Joint Venture With Launch Of New Crypto Exchange

    Date 28/08/2018

    IronFX and EmurgoHK intend to launch their regulated exchange as a seamless bridge between crypto and traditional online trading. The new destination, called IronX, will operate as a regulated, service-focused exchange, creating a highly efficient trading ecosystem that facilitates funding via both FIAT and Crypto. Against the successful ongoing private IRX Token sale, IronX is aiming to launch as early as Q4 2018.

  • U.S. Justice Department Announces Deferred Prosecution Agreement With Basler Kantonalbank - Bank Admits To Helping U.S. Taxpayers Conceal Income And Assets From The United States; Agrees To Pay $60.4 Million

    Date 28/08/2018

    Basler Kantonalbank (BKB), a bank headquartered in Basel, Switzerland, entered into a deferred prosecution agreement (DPA) that was approved today by the U.S. District Court for the Southern District of Florida, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Department of Justice’s Tax Division, United States Attorney Benjamin G. Greenberg, and Chief Don Fort for Internal Revenue Service-Criminal Investigation.  As part of the agreement, Basler Kantonalbank will pay $60.4 million in total penalties.