News Centre

New York State Department of Financial Services Superintendent Adrienne A. Harris Announces $30 Million Settlement With Industrial And Commercial Bank Of China Ltd. For Multiple Compliance Failures  - Bank Failed To Improve Compliance Program, Failed To Report Backdated Documents, And Disclosed Confidential Supervisory Information Without Authorization

Date 19/01/2024

Superintendent of Financial Services Adrienne A. Harris announced today that Industrial and Commercial Bank of China Ltd. (ICBC) and its New York branch have agreed to pay $30 million in penalties pursuant to a Consent Order entered into with the New York State Department of Financial Services (DFS). The Consent Order resolves the Department’s investigation into numerous Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance deficiencies and violations of New York law.  

Staff Statement On Rule 6c-11(c)(1)(i)(C) Regarding Description Of Foreign Currency Holdings, SEC Division Of Investment Management Staff

Date 19/01/2024

With this statement, the Division of Investment Management (“Division” or “Staff”) provides its views regarding exchange-traded funds’ (“ETFs”) disclosure of foreign currency holdings on their website as needed to comply with the daily portfolio holdings disclosure requirements of Rule 6c-11 under the Investment Company Act of 1940 (“Act”).

Nigerian Exchange Weekly Market Report For January 19th, 2024

Date 19/01/2024

A total turnover of 5.179 billion shares worth N77.797 billion in 79,012 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 5.719 billion shares valued at N88.828 billion that exchanged hands last week in 80,064 deals.

renovacapitalfinance.net: BaFin Investigates Renova Capital Finance

Date 19/01/2024

The financial supervisory authority BaFin warns against offers from Renova Capital Finance. According to its findings, the company offers asset management, investment advice and fixed-interest investments on its website renovacapitalfinance.net without a license. The company is allegedly based in Bad Langensalza. Renova Capital Finance" is not supervised by BaFin.

CFTC Commissioner Mersinger To Participate On A Panel At The ABA Business Law Section’s Derivatives And Futures Law Committee Winter Meeting

Date 19/01/2024

Federal Reserve Board Issues Enforcement Action And Fines The Industrial And Commercial Bank Of China Ltd. And Its New York Branch Approximately $2.4 Million For Their Unauthorized Use And Disclosure Of Confidential Supervisory Information

Date 19/01/2024

The Federal Reserve Board on Friday issued an enforcement action and fined the Industrial and Commercial Bank of China Ltd. and its New York branch approximately $2.4 million for their unauthorized use and disclosure of confidential supervisory information.

Call For Papers! FESE De La Vega Prize 2024

Date 19/01/2024

The Federation of European Securities Exchanges (FESE) will award the FESE De la Vega Prize 2024 to a young scholar for an outstanding research paper on financial markets.

Miami International Holdings Appoints Kelly Brown As Senior Vice President Derivatives Products And Business Development For MIAX Futures

Date 19/01/2024

Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures. In this newly created position, Mr. Brown will be responsible for developing and maintaining strategic relationships with futures commission merchants, broker dealers and clearing members across the global futures industry.

TRG Screen Announces Acquisition Of Xpansion For Reference Data Usage Management - Investment Solidifies TRG Screen’s Position As Global Market Leader In Market Data Commercial Management

Date 19/01/2024

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition of Xpansion will further solidify TRG Screen’s position as a global market leader in market data management solutions.

Malawi Stock Exchange Weekly Summary, 19 January 2024

Date 19/01/2024

Click here to download Malawi Stock Exchange's weekly summary.