News Centre

The Derivatives Service Bureau Calls For Participation In Technology Advisory Committee

Date 09/08/2022

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives, has today announced it is seeking additional members to join the DSB’s Technology Advisory Committee (TAC). The DSB is inviting applicants to participate in the next term of the TAC which starts in October 2022, with an application deadline of 20th September.

Japan Financial Services Agency: Guidebook For Registration Of Investment Management Business And Other Financial Instruments Businesses

Date 09/08/2022

Asset managers, who engage in asset management with professional expertise, play very important roles in revitalizing the Japanese capital market and achieving people’s stable asset building.
 

London Stock Exchange Group Plc Purchase Of Own Shares

Date 09/08/2022

LSEG announces it has purchased the following number of its voting ordinary shares of 6^79/86 pence each from Goldman Sachs International ("GSI") on the London Stock Exchange pursuant to instructions issued by LSEG on 5 August 2022 as part of its share buyback programme, as announced on 5 August 2022.

Playing The Green Card, By ASIC Deputy Chair Karen Chester - ASIC’s Information Sheet For Superannuation And Investment Funds Can Help Your Company Avoid Greenwashing Or Overstating Green Credentials, Writes Deputy Chair Karen Chester

Date 09/08/2022

Climate change remains one of the most significant risks facing the global community. In response to investor demand, sustainability-labelled investments have more than doubled between 2019–21 in our region alone, according to Morningstar Australia. Globally, Bloomberg Intelligence estimates environmental, social and governance (ESG) assets are projected to exceed US$53 trillion by 2025 and represent more than a third of total assets under management. Transparency and trust are paramount to ensuring investor confidence as the market for these products continues to develop and grow.

Statement On Proposal To Enhance Clearing Agency Governance, SEC Chair Gary Gensler, Aug. 8, 2022

Date 08/08/2022

Today, the Commission voted to propose rules to strengthen the governance of registered clearing agencies, also known as clearinghouses. This proposal would, among other things, fulfill Section 765 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, where Congress directed the Commission to address conflicts of interest for security-based swap clearinghouses. I was pleased to support this proposal because, if adopted, it would enhance governance standards for all registered clearinghouses, particularly with regards to conflicts of interest. This would help to promote their transparency, resilience, and reliability.

CFTC Commissioner Johnson To Host Roundtable For CFTC Staff On Digital Assets And Financial Inclusion

Date 08/08/2022

SEC Proposes Rules To Improve Clearing Agency Governance And To Mitigate Conflicts Of Interest

Date 08/08/2022

The Securities and Exchange Commission today proposed new rules to help improve governance arrangements across all registered clearing agencies by reducing the likelihood that conflicts of interest may influence the board of directors or equivalent governing body of a registered clearing agency.

CFTC Financial Data For Futures Commission Merchants Update

Date 08/08/2022

The latest reports for June 2022 are now available.

Dissenting From Stakeholder Governance For Clearing Agencies, SEC Commissioner Hester M. Peirce, Aug. 8, 2022

Date 08/08/2022

Clearing agencies and other clearinghouses play a central role in our financial markets. That role continues to increase as market participants and regulators look to these entities to mitigate and manage risk. Accordingly, as the proposing release recognizes, how clearinghouses are governed and managed matters. The proposal takes an overly prescriptive, regulator-knows-best approach to these matters that risks diluting the duties of directors to the clearing agency and depriving clearing agencies of the flexibility and expertise needed for effective governance.

Statement On Clearing Agency Governance And Conflicts Of Interest, SEC Commissioner Mark T. Uyeda, Aug. 8, 2022

Date 08/08/2022

Clearing agencies form critical components of the U.S. financial market infrastructure by facilitating the securities transaction lifecycle. The 2017 U.S. Department of the Treasury Report on Capital Markets emphasized that clearing agencies, and financial market utilities generally, serve a core function in financial market infrastructure: