News Centre

SEC Awards More Than $37 Million To Whistleblower

Date 19/12/2022

The Securities and Exchange Commission today announced an award of more than $37 million to a whistleblower whose information led to a successful SEC enforcement action and a related action.

CFTC Swaps Report Update

Date 19/12/2022

The new Part 45 rules were implemented on December 5, 2022. See 17 C.F.R. Part 45.

SEC Charges Honeywell With Bribery Schemes In Algeria And Brazil

Date 19/12/2022

The Securities and Exchange Commission today announced charges against Honeywell International Inc. for violations of the Foreign Corrupt Practices Act (FCPA) arising out of bribery schemes that took place in Brazil and Algeria. The company has agreed to pay more than $81 million to settle the SEC’s charges.

US Department Of Justice: Honeywell UOP To Pay Over $160 Million To Resolve Foreign Bribery Investigations In U.S. And Brazil

Date 19/12/2022

UOP LLC, doing business as Honeywell UOP, a U.S.-based subsidiary of Honeywell International Inc., has agreed to pay more than $160 million to resolve parallel bribery investigations by criminal and civil authorities in the United States and Brazil stemming from bribe payments offered to a high-ranking official at Brazil’s state-owned oil company. 

ISDA: Key Trends In The Size And Composition Of OTC Derivatives Markets In The First Half Of 2022

Date 19/12/2022

The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows a significant increase in gross market value and gross credit exposure of OTC derivatives during the first half of 2022 compared to the first half of 2021. The increase in market value was driven by elevated global uncertainty and market volatility related to higher-than-expected inflation and the war in Ukraine.

BETTER FINANCE: EU Council Set To Backtrack On Retail Investor Protection And CMU, Contrary To SEC's US Capital Markets Reforms

Date 19/12/2022

On Wednesday 14 December, the United Securities and Exchange Commission (SEC) proposed Regulation Best Execution, seeking to establish a best execution regulatory framework mandating that securities brokers and dealers execute deals at the best price available.

Binance Volume Recovers Despite Mass Outflows - Kaiko Research: Data Debrief

Date 19/12/2022

• Price Movements: Binance's BUSD stablecoin, BNB token, and staking token bETH have had a volatile week amid mass withdrawals.
• Market Liquidity: Throughout December, BTC market depth on Coinbase has increased 46% while on Binance, depth is down 5%.
• Derivatives: Open interest for BTC and ETH perpetual futures has nearly halved since November. 
• Macro Trends: A difficult macro market environment (along with plenty of crypto-induced volatility) has contributed to a surge in correlation among altcoins.

US Federal Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations

Date 19/12/2022

The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced the 2023 updated asset-size thresholds used to define "small bank" and "intermediate small bank" under their Community Reinvestment Act (CRA) regulations.

EBA Updates List Of CET1 Instruments

Date 19/12/2022

The European Banking Authority (EBA) published today an updated list of capital instruments that Competent Authorities across the European Union (EU) and for the first time the European Economic Area (EEA) have classified as Common Equity Tier 1 (CET1). Since the publication of the previous update in December 2021, the CET1 instruments compliant with the Capital Requirements Regulation (CRR) and issued by institutions from Iceland, Liechtenstein and Norway have been added to the list. The list will be maintained and updated on a regular basis.

Despite Volatility In Interest Rates And Currencies, FTSE Mondo Visione Index Up 11. 5% In November

Date 19/12/2022

The FTSE Mondo Visione Index rose 11.5% in November, closing the month at 64,478.9 points, up from the October close of 57,848.64.