News Centre

IMF Managing Director Names Brian Christensen As Director Of The Corporate Services And Facilities Department

Date 27/09/2022

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Brian Christensen as the IMF’s Director of the Corporate Services and Facilities Department (CSF). He will succeed Jennifer Lester, whose retirement from the Fund was announced on July 22, 2022.

SEC Charges Oracle A Second Time For Violations Of The Foreign Corrupt Practices Act - Company To Pay $23 Million o Settle Charges

Date 27/09/2022

The Securities and Exchange Commission announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA) when subsidiaries in Turkey, the United Arab Emirates (UAE), and India created and used slush funds to bribe foreign officials in return for business between 2016 and 2019.

ICE And Confluence To Offer Integrated ESG Solution For Enhanced SFDR Compliance Reporting

Date 27/09/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Confluence, a global leader in analytics and regulatory compliance reporting solutions for the investment management industry, announced that Confluence will leverage ICE’s Environmental, Social and Governance (ESG) data as part of its ESG Sustainable Finance Disclosure Regulation (SFDR) solution, bringing clients a single service that is designed to reduce the time and money needed to comply with this regulation.

ESMA Reminds Firms Of The Impact Of Inflation In The Context Of Investment Services To Retail Clients

Date 27/09/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a statement reminding firms to consider inflation and inflation risk when applying relevant MiFID II requirements in the interest of investor protection.

DTCC Partners With Snowflake To Transform Financial Industry Data Ecosystem

Date 27/09/2022

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it is partnering with Snowflake, the Data Cloud company, to transform how data is accessed, shared and leveraged across a number of its services. Using the Snowflake Data Cloud, DTCC aims to further promote market transparency, reduce risk, and provide greater operational efficiency leveraging Snowflake data and cloud technology.

Opening Speech By European Commissioner McGuinness At Banque de France Conference, “Opportunities And Challenges Of The Tokenisation Of Finance: Which Role For Central Banks?”

Date 27/09/2022

Thank you, François, for both the invitation and particularly for your wide-ranging opening remarks.Thank you, François, for both the invitation and particularly for your wide-ranging opening remarks.

Borsa İstanbul Announces The Constituent Changes To The BIST Participation Indices For The period October 2022 – April 2023

Date 27/09/2022

Please click for the lists of included/excluded stocks and the lists of constituents of BIST Participation All Shares, BIST Participation 100, BIST Participation 50 and BIST Participation 30 Indices. All changes will be applied after the close of business on Friday, September 30, 2022 and will be effective on Monday, October 3, 2022.

How Regulation Can Prepare The Ground For Economic Growth - Speech By Sarah Pritchard, UK Financial Conduct Authority Executive Director, Markets, At City And Financial Global's 'The Future Of UK Financial Services Regulation' Summit

Date 27/09/2022

Key points

• Protecting consumers from harm and maintaining market integrity are key elements of boosting economic growth and international competitiveness.
• The FCA continues to work on ways to reduce regulatory burden where possible whilst maintaining high standards so the UK is the best place in the world to do business
• The pending authorisations backlog has been slashed by 40% in the last year and the FCA is trialling automated forms to further speed the process
• The FCA is looking at reforming investment advice rules so that specialist knowledge is available to mass market consumers for lower risk products

ESMA Publishes Report On The DLT Pilot Regime

Date 27/09/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its Report on the distributed ledger technology pilot regime (DLT Pilot).  In the report, ESMA provides guidance on certain technical elements and makes recommendations on compensatory measures on supervisory data to ensure a consistent application by DLT market infrastructures from the start of the regime.

The UK Prudential Regulation Authority's Future Approach To Policy − Speech By Vicky Saporta, Executive Director, Prudential Policy, Given At The City & Financial Global Event

Date 27/09/2022

Vicky explains how regulation that is strong and responsive can avoid unnecessary trade-offs between competitiveness and resilience.