News Centre

CFTC Orders Two Chinese Companies To Pay $720,000 For Wash Trading, Position Limit Violations, And Reporting Failures

Date 23/09/2022

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Beijing-based COFCO Corp. and Chinatex Corp., Ltd., for wash trading, position limit violations, and reporting failures.

Bitfinex Enables Deposits And Withdrawals For Tether Tokens (USDt) On Polkadot

Date 23/09/2022

Bitfinex, a state-of-the-art digital token trading platform, has enabled its customers to deposit and withdraw Tether tokens pegged to the U.S. dollar (USDt) on Polkadot, a blockchain that connects several chains together in a single network.

EBA Launches 2022 EU-Wide Transparency Exercise

Date 23/09/2022

The European Banking Authority (EBA) launched today its annual EU-wide transparency exercise, as part of its efforts to monitor risks and vulnerabilities and to reinforce market discipline. As in the past, the exercise is exclusively based on supervisory reporting data, which will keep the burden for the banks to a minimum. Results are expected to be published at the beginning of December.

BIS: Quantifying The Role Of Interest Rates, The Dollar And Covid In Oil Prices

Date 23/09/2022

Summary

Focus

Which are the key determinants of oil prices, and what role do financial factors play in Brent price formation? This paper sheds a new light on these fundamental questions relying on a widely used machine learning technique (random forests, based on 1,000 regression trees). As the article shows, the use of this technique leads to very large gains in oil price forecasting performance.

CFTC Charges New York Introducing Broker With Failing To Maintain Required Audio Recordings

Date 23/09/2022

The Commodity Futures Trading Commission issued an order today simultaneously filing and settling charges against XP Investments US, LLC (XP), a New York-based Delaware corporation, with failing to maintain certain records required to be kept under the Commodity Exchange Act (CEA) and CFTC regulations.

Remarks By US Under Secretary For Domestic Finance Nellie Liang At The Brookings Institution

Date 23/09/2022

INTRODUCTION

Thank you for inviting me to join you today to talk about recent reports led by Treasury as part of President Biden’s Executive Order on Ensuring Responsible Development in Digital Assets.  My remarks today will focus primarily on how digital assets could alter the future money and payments system in the US, and recommendations in the report to prepare for that.  But I will first take a few minutes to talk about the here-and-now of digital assets—how they are currently being used and their effects on consumers, investors, and businesses.  And next month, the Financial Stability Oversight Council will issue a report on the financial stability risks of digital assets and regulatory gaps. 

ESMA Updates Q&As ON MiFID II And MiFIR Commodity Derivatives Topics

Date 23/09/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today updated its Questions and Answers (Q&As) on commodity derivatives topics under the MiFID II and MiFIR.

Bank Of England: Update On The Energy Markets Financing Scheme

Date 23/09/2022

Together with the Bank of England, HM Treasury is today providing further details of the £40 billion Energy Markets Financing Scheme, to address extraordinary liquidity requirements faced by energy firms from high and volatile energy prices. 

ESMA: New Q&As Available

Date 23/09/2022

The European Securities and Markets Authority (ESMA), the EU's securities markets regulator, has updated the Questions and Answers on:

• European crowdfunding service providers for business Regulation
• Market Abuse Regulation (MAR)
• MiFID II and MiFIR commodity derivatives topics
• ​MiFID II and MiFIR market structures topics

Keynote Speech By EU Commissioner McGuinness At ESAs Consumer Protection Day 2022, ‘Steering A New Path: Supporting Consumers To Meet Today's And Tomorrow's Challenges'

Date 23/09/2022

Ladies and gentlemen, a very good morning.

And I would like to thank Petra for the invitation to join today's event.