News Centre

SEC Charges Three Sales Agents At StraightPath Venture Partners With Fraud And Unregistered Broker Activity

Date 23/03/2023

The Securities and Exchange Commission today charged Scott Hollender, Gabriel Migliano, Jr., and Frank Vecchio for selling interests in shares of pre-IPO companies on behalf of StraightPath Venture Partners LLC, despite not being registered broker-dealers, and for misleading investors about the fees associated with those investments. The Commission previously charged StraightPath Venture Partners, StraightPath Management LLC, and its four principals in May 2022 in connection with a $410 million fraud.

BIS: Basel Committee To Review Recent Market Developments, Advances Work On Climate-Related Financial Risks, And Reviews Basel Core Principles

Date 23/03/2023

• Basel Committee to review recent bank and market developments.
• Progresses work on developing a potential bank disclosure framework for climate-related financial risks.
• Advances review of Core principles for effective banking supervision.

The State Of Liquidity In Crypto Markets - Kaiko Research: Deep Dive

Date 23/03/2023

Welcome to Deep Dive! This week we are diving into the world of liquidity in crypto. Liquidity is all the talk in financial markets at present, and crypto has seen its fair share of liquidity incidents this month. We explore market depth, spreads, slippage and volumes to bring you up to date with all things crypto liquidity.

BIS's Project Nexus Prototype Successfully Links Eurosystem, Malaysia And Singapore Payments Systems; Partners In Indonesia, Malaysia, The Philippines, Singapore And Thailand To Work Towards Wider Payments Connectivity

Date 23/03/2023

• To enhance cross-border payments, the BIS Innovation Hub Singapore Centre developed the Nexus concept of a first-of-its-kind multilateral network connecting multiple domestic instant payment systems (IPS).
• Nexus prototype successfully connected the test IPS of the Eurosystem, Malaysia and Singapore, allowing payments to be sent across the three using only mobile phone numbers.
• In the next phase, BIS and the central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will jointly work towards connecting their domestic IPS through Nexus.

SEC Charges Financial Adviser For Misappropriating More Than $1 Million From Current, Former NBA Players

Date 23/03/2023

The Securities and Exchange Commission today charged Darryl Matthew Cohen, a former investment adviser at a large financial institution, with misappropriating more than $1 million from three current and former NBA players over a period of two and a half years.

CFTC Commissioner Mersinger To Deliver The Opening Keynote Address And Participate On A Panel At WFECLEAR: The World Federation of Exchange’s Clearing And Derivatives Conference 2023

Date 23/03/2023

CFTC Commissioner Mersinger To Participate On A Panel At WFECLEAR: The World Federation Of Exchange’s Clearing and Derivatives Conference 2023

Date 23/03/2023

CCP12 - The Global Association Of Central Counterparties – Welcomes KELER CCP Central Counterparty Ltd. As A CCP12 Observer Member.

Date 23/03/2023

At the monthly CCP12 Executive Committee Meeting in March 2023, the Executive Committee accepted KELER CCP Central Counterparty Ltd. (“KELER CCP”) as an Observer Member of CCP12. KELER CCP, licensed under EMIR, is the leading clearing house in the Central Eastern European region with its more than 20 years of experience and by its innovative solutions.

Transforming Data Collection Communication To Firms – 23 March 2023 - Communication To Firms To Provide An Update On The Progress Of The Joint Transformation Programme, Which Is Being Led By The Bank Of England And FCA With Industry To Transform Data Collection From The UK Financial Sector

Date 23/03/2023

Joint transformation programme update

The Bank of England (the Bank) and the Financial Conduct Authority (FCA) are working together with industry to transform data collection from the UK financial sector. We are doing this through a joint transformation programme. In this publication we provide an update on the joint transformation programme including:

ETFGI Reports Active ETFs Listed Globally Gathered US$14.30 Billion In Net Inflows February 2023

Date 23/03/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that actively managed ETFs listed globally gathered net inflows of US$14.30 billion during February, bringing year-to-date net inflows to US$24.92 billion. Assets invested in actively managed ETFs increased by 21.5%, from US$429.72 billion at the end of January 2023 to US$522 billion, according to ETFGI's February 2023 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)