News Centre

First Bitcoin ETPs By Fidelity Listed At SIX Swiss Exchange

Date 23/03/2022

Fidelity Exchange Traded Products GmbH joins SIX Swiss Exchange as a new issuer of Exchange Traded Products (ETPs). Its two new Bitcoin ETPs increase the choice of crypto products on the Swiss stock exchange to a current total of 208 with 18 different cryptocurrencies as underlyings.

HKEX Welcomes Hong Kong's First Carbon Futures ETF

Date 23/03/2022

• First Carbon Futures ETF listing in Hong Kong
• Extends coverage of Hong Kong-listed commodity ETFs to carbon credits
• ADT of Hong Kong-listed ETPs reached $8.9 billion in the first two months of 2022, compared with $7.7 billion in 2021

Office Of The Comptroller Of The Currency Reports Improvement In Mortgage Performance For Fourth Quarter 2021

Date 22/03/2022

The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the fourth quarter of 2021.

Benchmark Strategies Forum: A Post-LIBOR World - March 22, 2022: Opening Remarks, Scott O’Malia, ISDA Chief Executive

Date 22/03/2022

Hello, and welcome to our first Benchmark Strategies Forum of 2022. I’d like to thank CME Group for continuing to support this event. I’d also like to thank our speakers and all of you for joining us today.

Federal Reserve Board Invites Comment On Interagency Proposal To Update Policies And Procedures Governing Administrative Proceedings For Supervised Financial Institutions

Date 22/03/2022

The Federal Reserve Board on Tuesday invited comment on an interagency proposal to update policies and procedures governing administrative proceedings for supervised financial institutions. The proposed updates would modernize these rules, aligning them with current practices and facilitating the use of electronic communications and technology in administrative proceedings. The proposal was jointly developed with the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the National Credit Union Administration.

ISDA/SIFMA/IIB SBS Comment Letters To SEC

Date 22/03/2022

On March 21, ISDA, the Institute of International Bankers (IIB) and the Securities Industry and Financial Markets Association (SIFMA) submitted comment letters to the Securities and Exchange Commission (SEC) on three proposed security-based swaps (SBS) rules under the Securities Exchange Act of 1934: 1. Proposed Rule 15Fh-4(c) Prohibition Against Undue Influence over Chief Compliance Officers, 2. Proposed Rule 10B-1 Position Reporting of Large Security-Based Swap Positions and 3. Proposed Rule 9J-1 Prohibition Against Fraud, Manipulation or Deception in Connection with Security-Based Swaps.

NGX’s CEO highlights the value of Corporate Governance in capital market

Date 22/03/2022

Nigerian Exchange Limited (“NGX”), highlighted the value of sound corporate governance as the foundation that creates transparency and establishes the trust required to keep the global financial system running. He said this during the launch of the Corporate Governance Triangle, an initiative of the Nigerian Bar Association Section on Business Law (NBA-SBL), Nigerian Exchange Limited and the Institute of Directors, Nigeria (IoD) on Tuesday, March 22, 2022.

EACH Responds To European Commission Targeted Consultation On The Review Of The Central Clearing Framework In The EU

Date 22/03/2022

The European Association of CCP Clearing Houses (EACH) has today responded to the European Commission ‘Targeted consultation on the review of the central clearing framework in the EU’. CCPs aim to contribute to the safety and efficiency of financial markets with independent and robust risk management capabilities. In our response we make amongst others the following proposals to address the existing regulatory barriers to further improve CCPs risk management and making CCPs more competitive:

CFTC: Federal Court Orders Chicago-Area Trader And His Company To Pay $377,000 For Forex And Commodity Fraud

Date 22/03/2022

The Commodity Futures Trading Commission today announced that the U.S. District Court for the Northern District of Illinois entered a consent order on March 21, 2022 for a permanent injunction, monetary sanctions, and equitable relief against defendants Dro Kholamian of Barrington, Illinois and his company, Blue Star Trading, LLC (Blue Star), which had an office in Park Ridge, Illinois.

Anti-Money Laundering And Countering The Financing Of Terrorism Supervision Is Improving But Not Always Effective Yet, Finds The EBA

Date 22/03/2022

The EBA published today the findings from its assessment of competent authorities’ approaches to the anti-money laundering and countering the financing of terrorism (AML/CFT) supervision of banks. Since the EBA started those reviews in 2019 and strengthened its AML/CFT guidance, national supervisors have started to adopt meaningful reforms to improve their AML/CFT supervision, but the EBA found that significant challenges remain in important areas such as the identification and assessment of money laundering and terrorist financing (ML/TF) risks.