News Centre

ASX Results Of 2023 Annual General Meeting - Addresses By Chair And Managing Director And CEO

Date 19/10/2023

The results of ASX Limited’s Annual General Meeting held on 19 October 2023 are set out in the attached document.

Reportable Situations Regime: ASIC Modifies Licensees’ Obligations

Date 19/10/2023

KEY POINTS

• ASIC has amended licensees’ obligations under the reportable situations regime.
• Licensees no longer have to report certain breaches of the misleading and deceptive conduct provisions, and the false and misleading representations provision, under the regime.
• Licensees also now have up to 90 days (from 30 days) to report a reportable situation that has underlying circumstances that are the same or substantially similar to an earlier reportable situation.

Japan Financial Services Agency: Results Of The Cybersecurity Self-Assessment For Regional Financial Institutions (FY2022)

Date 19/10/2023

With cyberattacks increasing, the development of cybersecurity management frameworks and ensuring of their effectiveness have come to be recognized as significant challenges. Against this background, the Financial Services Agency (FSA) and the Bank of Japan (BOJ) developed a tool for conducting a self-assessment of cybersecurity management frameworks, with which individual financial institutions are to identify their own positions in comparison with other financial institutions and also identify areas of their own challenges. The FSA and the BOJ requested regional financial institutions to conduct cybersecurity self-assessment (CSSA) using the tool and then fed back the overall results to them.

Monetary Authority Of Singapore Bans Four Former Representatives And One Other Individual For Unlawful Sub-Agency Activities

Date 19/10/2023

The Monetary Authority of Singapore (MAS) has issued prohibition orders against five persons for engaging in unlawful sub-agency activities, where appointed representatives had arrangements with unlicensed individuals to perform financial advisory services on their behalf. 

The Evolution Of The Federal Reserve’s Employment Mandate, Federal Reserve Governor Lisa D. Cook, At The Louis E. Martin Awards Ceremony At The 2023 Future Of Black Communities Summit, Joint Center For Political And Economic Studies, Washington, D.C.

Date 19/10/2023

Thank you. I am rarely at a loss for words, as my friends, family, and colleagues know all too well.1 But I do find it a little hard to express everything I am feeling, to be given the Louis E. Martin Great American Award in honor of a truly great American who did so much to make ours a more perfect union. Tough to find the words, but I will try.

Statement On Volume-Based Exchange Transaction Pricing For NMS Stocks, SEC Commissioner Caroline A. Crenshaw, Oct. 18, 2023

Date 18/10/2023

A long line of economic literature asserts that competition among firms benefits consumers. Competitive markets promote economic efficiency and growth, and their benefits can include lower prices and better products for consumers, as well as a more level playing field for small businesses that seek to enter new markets or expand their market share.

CFTC Commissioner Pham To Speak On A Practising Law Institute (PLI) Podcast

Date 18/10/2023

CFTC Commissioner Goldsmith Romero To Participate On A Government Panel At The AWS Gov2Gov Summit On Responsible AI Innovation For The Public Sector

Date 18/10/2023

Joint Statement Of CFTC Commissioners Summer K. Mersinger And Caroline D. Pham Regarding Swap Block Thresholds

Date 18/10/2023

We support the extension of the staff no-action position in Letter No. 22-03, which extends the deadline for compliance with the Commission’s “swap block thresholds” from December 4, 2023 to July 1, 2024.  Swap data repositories (“SDRs”) and market participants have established that such an extension is appropriate because of various operational and technological challenges, and resulting inefficiencies, due in part to other global reporting requirements that are happening around the same time.  In addition, there have been unprecedented market shocks, disruptions, and other dislocations in the past several years that have adversely impacted market conditions and liquidity, and therefore merit further study and consideration of changes to the swap block thresholds and their impact on financial stability and systemic risk.

CFTC Staff Issues No-Action Letter Regarding Certain Block And Cap Amendments

Date 18/10/2023

The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) today issued a letter extending the no-action position taken in CFTC Letter No. 22-03 regarding the compliance dates for certain amendments, adopted in November 2020, to the CFTC’s swap data reporting rules concerning block trades and post-initial cap sizes.