Letter from the Governor to the ChancellorOpens in a new window
Letter from the Chancellor to the GovernorOpens in a new window
Date 17/01/2023
The Board of Directors of the Shanghai Futures Exchange (SHFE) has approved the 15 revised futures contract specifications such as the SHFE Copper Cathode Futures Contract Specifications and 6 implementing rules such as the Delivery Rules of the Shanghai Futures Exchange and the Standard Warrant Management Rules of the Shanghai Futures Exchange. All these revisions have been reported to the China Securities Regulatory Commission and will be implemented as of April 2, 2023 (Among them, the revised provisions on the delivery date of the contract will start from the 2304 contracts of the 15 products except Gold ).
Date 17/01/2023
On December 16, 2022, the Taiwan Futures Exchange (TAIFEX) has been recognized as a Tier 1 third-country central counterparty (TC-CCP) by the European Securities and Markets Authority (ESMA), and the recognition decision will be applied from December 31, 2022.
Date 16/01/2023
ASIC Commissioner Sean Hughes will end his term as Commissioner on 3 February 2023, after accepting a role in the commercial sector.
Date 16/01/2023
The Wellington High Court has ordered Cigna Life Insurance New Zealand Limited to pay a final pecuniary penalty of $3,575,000 for making false and/or misleading representations relating to inflation benefits in certain life insurance policies provided by the company.
Date 16/01/2023
The Ontario Securities Commission (OSC) today announced a new lineup of free webinars for small and medium enterprises (SMEs). The webinars are offered through the ‘OSC SME Institute’ which helps small businesses understand and navigate the requirements of being or becoming a public company in Ontario.
Date 16/01/2023
Euronext, the leading pan-European market infrastructure, today announces that the European expansion of Euronext Clearing to Euronext derivatives markets is planned for Q3 2024.
Date 16/01/2023
The European Banking Authority (EBA) published today its annual quantitative Report on minimum requirement for own funds and eligible liabilities (MREL) with data as of December 2021. The Report is complemented by an analysis looking into the impact of the MREL framework on a number of relevant dimensions. As of 31 December 2021, the EBA estimated that 70 banks reported an MREL shortfall of EUR 33bn out of a sample of 245. This is down by 42% compared to last years’ quantitative report on MREL on a comparable basis. The Report shows progress in closing MREL shortfalls, albeit at a lower rate for smaller banks, and concludes that the impact of MREL on banks’ profitability is manageable, although heterogeneous across types of banks and Member States.
Date 16/01/2023
Date 16/01/2023
In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Reverra LLC does not have authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin. The information provided on the company’s website, swizz-pro.com, gives reasonable grounds to suspect that Reverra LLC is conducting banking business and providing financial services in Germany without the required authorisation.
Date 16/01/2023
Luke Hornsby ACSI, Senior Consultant within the Wealth & Asset Management Risk & Regulatory Advisory practice at EY, has been appointed as the new Chair of the Chartered Institute for Securities & Investment Young Professionals’ Network (YPN) committee. Luke takes over from Emma Dobson MCSI of Santander UK.