News Centre

New Zealand Financial Markets Authority Letter To NZ Registered Banks: Treating Consumers Fairly – Creating The Right Incentives

Date 01/05/2023

The FMA sent this letter, last week, to the Chief Executives of New Zealand registered banks from FMA Executive Director of Regulatory Delivery, Clare Bolingford.

JPMorgan Chase Acquires Substantial Majority Of Assets And Assumes Certain Liabilities Of First Republic Bank

Date 01/05/2023

• JPMorgan Chase to protect all deposits -- insured and uninsured -- bringing its financial strength, capabilities and capital to the U.S. banking system and First Republic
• No systemic risk exception required; a competitive bid process minimized costs to the Deposit Insurance Fund

JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All The Deposits Of First Republic Bank, San Francisco, California

Date 01/05/2023

First Republic Bank, San Francisco, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.  To protect depositors, the FDIC is entering into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all of the deposits and substantially all of the assets of First Republic Bank.

Tehran Stock Exchange Weekly Market Review Ended on 26 April 2023

Date 29/04/2023

Click here to download Tehran Stock Exchange's weekly market review.

Shanghai Stock Exchange: Steady Growth Demonstrates Resilience, Innovation-Driven Starts A New Journey: Analysis Of Business Performance Of STAR Market Companies And Board Development In 2022

Date 29/04/2023

In 2022, the STAR Market prioritized stability, pursued progress while ensuring stability, actively implemented the innovation-driven development strategy, and leveraged its institutional advantages to stimulate market vitality. Despite various unfavorable factors, the STAR Market companies achieved steady growth in business performance throughout the year, contributing to the stabilization and recovery of the economy. At the same time, they seized momentum in advantageous fields, continuously expanding and strengthening their presence, promoting the complementation of key industrial chains, consolidating their foundation to become sci-tech self-reliant and self-strengthening, and forming a strong driving force for high-quality development. In 2022, there were over 500 companies on the STAR Market, with the overall operating revenue exceeding RMB 1 trillion yuan for the first time, net profit exceeding RMB 100 billion yuan for the first time, and R&D spending exceeding RMB 100 billion yuan for the first time, offering a glimpse of the vitality and resilience of enterprises with "key and core technologies".

Robinhood - 2022 Annual Report

Date 28/04/2023

Robinhood has added a new financial report to its website:

Report On Foreign Portfolio Holdings Of U.S. Securities At End-June 2022

Date 28/04/2023

The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2022 were released today on the Treasury website at https://home.treasury.gov/data/treasury-international-capital-tic-system/us-liabilities-to-foreigners-from-holdings-of-us-securities. The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. The next survey will cover holdings at the end of June 2023; preliminary data are expected to be released by February 29, 2024.

SEC Reopens Comment Period For Proposed Rule Amendments To Modernize Beneficial Ownership Reporting

Date 28/04/2023

The Securities and Exchange Commission today reopened the comment period for its proposed amendments to modernize the rules governing beneficial ownership reporting, and the staff of the Commission’s Division of Economic and Risk Analysis released a memorandum that provides supplemental data and analysis related to the proposed amendments’ economic effects.

CFTC Commitments Of Traders Reports Update

Date 28/04/2023

The current reports for the week of April 25, 2023 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

CFTC: Federal Court Orders Former Head Of International Binary Options Scheme To Pay More Than $561,000 In Restitution

Date 28/04/2023

The Commodity Futures Trading Commission today announced the U.S. District Court for the Northern District of Ohio entered a consent order on April 27 for a permanent injunction, restitution, and equitable relief against Jared J. Davis, a former resident of Ohio. Davis, at times, conducted business as Erie Marketing, LLC.