News Centre

ASIC Remakes Relief On PDSs, Superannuation Dashboards And FSGs

Date 14/06/2022

ASIC has remade and combined seven legislative instruments relating to specific financial services disclosure requirements. These instruments were generally due to automatically repeal or cease in the next two years if not remade.

New Zealand Financial Markets Authority: OnePath And Cigna Admit To Fair Dealing Breaches For Credit Card Repayment Insurance

Date 14/06/2022

OnePath Life (NZ) Limited and Cigna Life Insurance New Zealand Limited will jointly pay $180,000 to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko after admitting liability for breaching the fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).

ASIC: How To Avoid ‘Greenwashing’ For Superannuation And Managed Funds

Date 14/06/2022

ASIC has released an information sheet to help issuers avoid ‘greenwashing’ when offering or promoting sustainability-related products. The publication will also assist issuers to provide investors with the information they should have to make informed decisions.  

SEC Charges Former Employee Of Online Gambling Company With Insider Trading - Software Engineer Traded, Tipped Friend Of Company’s Acquisition Plans

Date 13/06/2022

The Securities and Exchange Commission today announced insider trading charges against David Roda, a former software engineer at Penn National Gaming’s subsidiary Penn Interactive Ventures, in connection with the parent company’s $2 billion acquisition of Toronto-based Score Media and Gaming, Inc.

CFTC Commissioner Goldsmith Romero To Deliver Keynote Address At The CBA Futures & Derivatives Law Seminar 2022

Date 13/06/2022

ISDA: Key Trends In The Size And Composition Of OTC Derivatives Markets In The Second Half Of 2021

Date 13/06/2022

The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows a significant decrease in the gross market value and gross credit exposure of interest rate derivatives (IRD) and foreign exchange derivatives during the first half of 2021 compared to the first half of 2020 and year-end 2020. This decline represents a return to pre-pandemic levels and was driven by a less uncertain macroeconomic outlook.

CFTC Swaps Report Update

Date 13/06/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

Canadian Ombudsman for Banking Services and Investments (OBSI) Joint Regulators Committee Responds To Independent Evaluator’s Report

Date 13/06/2022

In response to the release of the independent evaluator’s report of the Ombudsman for Banking Services and Investments (OBSI) published today, the OBSI Joint Regulators Committee (JRC) is issuing the following statement:

EBA Issues Revised List Of ITS Validation Rules

Date 13/06/2022

The European Banking Authority (EBA) issued today a revised list of validation rules for its reporting standards (ITS, RTS, Guidelines), highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these reporting standards should not be formally validated against the set of deactivated rules.

Deutsche Börse Group: Business Indicators For May 2022

Date 13/06/2022