News Centre

MNI China Business Sentiment Survey: China Business Sentiment Highest For Seven Months - Strength In Orders Underpins Confidence

Date 18/07/2014

Business confidence among China’s largest companies increased for the third consecutive month in July amid increasingly clear evidence that the authorities are intent on ensuring that economic growth does not slip too far below the 7.5% growth target for 2014.

OCC Bulletin: Annual Stress Test Notice Of Proposed Rulemaking - Schedule Shift And Adjustments To Regulatory Capital Projections

Date 18/07/2014

Summary

The Office of the Comptroller of the Currency (OCC) proposes to adjust the timing of the annual stress testing cycle and to clarify the method used to calculate regulatory capital in the stress tests. The proposal also would provide that covered institutions will not have to calculate their regulatory capital requirements using the advanced approaches method in 12 CFR 3, subpart E, until the stress testing cycle beginning on January 1, 2016. The notice of proposed rulemaking was issued in theFederal Register on July 1, 2013, with a 60-day comment period.

Mexican Stock Exchange Releases Monthly Financial Report For June 2014

Date 17/07/2014

Click here to download the Mexican Stock Exchange (BMV) monthly report for June.

Canadian Securities Regulators Announce Results Of Continuous Disclosure Reviews For Fiscal 2014

Date 17/07/2014

The Canadian Securities Administrators (CSA) today published Staff Notice 51-341 Continuous Disclosure Review Program Activities for the fiscal year ended March 31, 2014, which summarizes the results of the CSA’s continuous disclosure (CD) review program.

INTL FCStone Chooses Duco For Listed Derivatives

Date 17/07/2014

Duco today announced that INTL FCStone Ltd., part of INTL FCStone Inc., the global commodity trading, foreign exchange, asset management and treasury services firm, has adopted Duco Cube as the hosted reconciliation solution for its exchange traded derivatives and LME business units. The service went live within a 7 day period and has been up and running since June. 

Canadian Securities Regulators Adopt Amendments To The Auditor Oversight Rule

Date 17/07/2014

The Canadian Securities Administrators (CSA) today published final amendments to NI 52-108Auditor Oversight, which alter the ‘triggers’ for when an audit firm must notify securities regulators about significant remedial actions imposed on the firm by the Canadian Public Accountability Board (CPAB).

NY DFS Releases Proposed Bitlicense Regulatory Framework For Virtual Currency Firms - Framework Includes Consumer Protection, Anti-Money Laundering, And Cyber Security Rules For Virtual Currency Businesses - Proposed Regulations Submitted For A 45-Day Notice And Comment Period To Solicit Public Feedback

Date 17/07/2014

Benjamin M. Lawsky, Superintendent of Financial Services, today announced that the New York State Department of Financial Services (DFS) has issued for public comment a proposed “BitLicense” regulatory framework for New York virtual currency businesses. The proposed regulatory framework – which is the product of a nearly year-long DFS inquiry, including public hearings that the Department held in January 2014 – contains consumer protection, anti-money laundering compliance, and cyber security rules tailored for virtual currency firms.

SEC Charges Self-Described Bankers, Dishonest Brokers, And Microcap Company Executive In Pump-And-Dump Scheme

Date 17/07/2014

The Securities and Exchange Commission today charged individuals who pocketed millions of dollars running an elaborate pump-and-dump scheme involving shares of a medical education company in Pennsylvania and two other microcap stocks. 

Thomas Murray Data Services Launches Total Risk Solution For Depositary Banks Under AIFMD

Date 17/07/2014

Thomas Murray Data Services has launched a suite of products and has been working with a number of depositary banks to provide a total risk solution to ensure depositary bank compliance with the Alternative Investment Fund Managers Directive (AIFMD).

SEC Statement On The Anniversary Of The Dodd-Frank Act

Date 17/07/2014

The fourth anniversary of the passage of the Dodd-Frank Act provides an opportunity to reflect on why the Act was passed, how the SEC has used the Act to promote financial stability and protect American investors, and what remains to be completed.  The financial crisis was devastating, resulting in untold losses for American households and demonstrating the need for strong and effective regulatory action to prevent any recurrence.