News Centre

Opening Statement CFTC Commissioner Scott D. O’Malia, Open Meeting On Cross –Border Guidance And Exemptive Order

Date 12/07/2013

Mr. Chairman, I would like to thank the staff and my fellow commissioners and international regulators for all of their hard work to modify the cross-border document and the attendant exemptive relief and no-action letters that enabled us to avert the regulatory train wreck that might have occurred had we not fully engaged with our European counterparts in these last-minute negotiations.

U.S. Treasury Engaging With More Than 80 Countries To Combat Offshore Tax Evasion And Improve Global Tax Compliance - Due To Overwhelming Interest Abroad, Treasury Announces A Six-Month Extension To The Foreign Account Tax Compliance Act Withholding Requirement

Date 12/07/2013

The U.S. Department of the Treasury and the Internal Revenue Service today announced that due to overwhelming interest from countries around the world, a six-month extension to the start of the Foreign Account Tax Compliance Act (FATCA) withholding and account due diligence requirements will be provided to allow more time to complete agreements with foreign jurisdictions. The six-month extension, to July 1, 2014, will also provide foreign financial institutions (FFIs) with the time necessary to comply with FATCA while helping to ensure efficient implementation of the law.

Statement Of CFTC Commissioner Mark P. Wetjen, Public Meeting Of The Commodity Futures Trading Commission

Date 12/07/2013

Several weeks ago in London, as the commission intensified discussions on a number of cross-border issues, I spoke about three key objectives that must be achieved in a workable cross-border framework.

Bank Of England Virtual Tour App

Date 12/07/2013

The Bank of England’s Virtual Tour is an app that lets you explore the famous Threadneedle Street building in the heart of the City of London.  Discover the architecture, history and current role of the UK’s central Bank through a series of stunning 360° panoramic images. Visit ten locations including a gold vault, committee rooms, a hidden garden and the Bank's museum. You can also check your banknotes using the ‘Know Your Banknotes’ feature located in the cash vault.

“Just Say’n”: Statement Of CFTC Commissioner Bart Chilton On Cross-Border Guidance And Exemptive Order, Washington, DC

Date 12/07/2013

We’ve done a lot of rules and we’ve done way more than other financial regulators. We have final clearing and transparency rules, recordkeeping, reporting, and registration rules, and we’re working hard to finalize other important areas (like, just gotta say, position limits and I hope we more actively engage on Volcker). We’ve done a heckuva job on a lot of issues. All of these are super important. Nothing we’ve done, however, will fully succeed without the critical action that I hope we will take today. Just say’n.

Malawi Stock Exchange Weekly Trading Report - Week Ending 12th July, 2013

Date 12/07/2013

Click here to download Malawi Stock Exchange's weekly trading report -for the week ending 12th July, 2013.

JPMorgan Chase Reports Second-Quarter 2013 Net Income Of $6.5 Billion, Or $1.60 Per Share, On Revenue Of $26.0 Billion

Date 12/07/2013

JPMorgan Chase & Co. (NYSE: JPM) today reported net income of $6.5 billion for the second quarter of 2013, compared with net income of $5.0 billion in the second quarter of 2012. Earnings per share were $1.60, compared with $1.21 in the second quarter of 2012. Revenue for the quarter was $26.0 billion, compared with $22.9 billion in the prior year. The Firm's return on tangible common equity for the second quarter of 2013 was 17%, compared with 15% in the prior year. 

Testimony Of U.S. Treasury Under Secretary For Domestic Finance Mary J. Miller Before The Senate Committee On Banking, Housing, And Urban Affairs

Date 12/07/2013

Chairman Johnson, Ranking Member Crapo, and members of the Committee, thank you for inviting me to testify today on behalf of the Treasury Department.

Michel Barnier, European Commissioner For The Internal Market And Services -The Single Market In Financial Services: We Need The UK On Board

Date 12/07/2013

Ladies and gentlemen,

Let me first thank Policy Network, and its President Peter Mandelson, for inviting me.

Equally, I would like to thank the City of London and the European Parliament for co-organising this conference.

Cadwalader Releases Lofchie's Guide To Hedge Fund Regulation; Third Major Volume In On-Line Trilogy On Financial Regulation - New Guide To Legal Regulations Impacting Hedge Funds And Their Advisers

Date 12/07/2013

Cadwalader, Wickersham & Taft LLP (Cadwalader), a leading counselor to global financial institutions and corporations, today announced the release of Lofchie's Guide to Hedge Fund Regulation (the "Hedge Fund Guide"), which will discuss U.S. financial regulation applicable to hedge funds and their advisers.  The guide complements and expands the existing products on the Cadwalader Cabinet, including the Guide to Broker-Dealer Regulation and the Guide to CPO and CTA Regulation, as well as the daily Cadwalader Cabinet News.