News Centre

BOX Options Market: Equalized Cabling Infrastructure – Deployment Update

Date 23/02/2022

This circular is being issued by BOX Options Market LLC (“BOX”) to advise participants of the status of the network redesign and migration to the equalized cabling infrastructure, previously described in Information Circulars IC-2021-52 and IC-2022-02.

Business Roundtable On Russian sanctions: 23 February 2022 - British Prime Minister Boris Johnson Attended A Roundtable At Downing Street To Discuss Limiting Russian Access To UK Financial Services

Date 23/02/2022

The Prime Minister today met with some of the UK’s leading city firms, regulators and trade associations, to discuss the first package of economic sanctions being implemented against Russia, due to their recognition of Donetsk and Luhansk.

US Office Of The Comptroller Of The Currency Issues Second And Third Quarter 2022 CRA Evaluation Schedule

Date 23/02/2022

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2022.

CFTC Orders North Carolina Man And His Company To Pay $2.6 Million For Fraudulent Solicitation, Pool Fraud, And Failure To Register

Date 23/02/2022

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Richard D. Neal of North Carolina and his company Golden Signals LLC, a formerly registered North Carolina limited liability company, for engaging in fraud while acting as a commodity trading advisor (CTA) and commodity pool operator (CPO), for failing to register as a CTA and CPO, and for advertising without making disclosures required by CFTC regulations. 

BIS: The NAIRU And Informality In The Mexican Labor Market

Date 23/02/2022

Summary

Focus

Reading the economic cycle is essential to implementing monetary policy. A key topic is whether employment is approaching its potential: the unemployment rate at which inflation remains constant in the absence of supply shocks (NAIRU). In Mexico and other Latin American countries, the sizeable number of informal workers makes it challenging to estimate the NAIRU. Since Mexico does not have unemployment insurance, workers who become unemployed immediately need to find a new job. The informal sector's flexibility allows it to absorb most of the people who cannot find a job in the formal labour market. As a result, the unemployment rate in Mexico is low and does not fully reflect labour market slack.

CJC Named ‘Best Specialist Market Data Consultancy’ For The Third Year At The 2022 TradingTech Insight Awards

Date 23/02/2022

CJC has been awarded ‘Best Specialist Market Data Consultancy’ by the A-Team Group at the 2022 TradingTech Insight Awards for the third consecutive year, demonstrating CJC’s expertise and enduring position as the leading market data consultancy.

EEX Flagship Power Futures Prices Form Basis Of New S&P GSCI European Power Indices

Date 23/02/2022

The European Energy Exchange (EEX) has today announced its role in the newly launched S&P GSCI European Power indices which utilise price data from EEX’ flagship European power futures contracts.

LuxSE And Bolsa de Valores de Cabo Verde Sign MoU On Sustainable Finance

Date 23/02/2022

In a hybrid signing ceremony, held jointly in Luxembourg and Cabo Verde, the Luxembourg Stock Exchange (LuxSE) and Bolsa de Valores de Cabo Verde (CVSE), today announced that the two exchanges have signed a Memorandum of Understanding (MoU), in the presence of Cabo Verde’s State Secretary for Business Development Adalgisa Vaz, Cabo Verde Ambassador to Luxembourg Carlos Fernandes Semedo, Chargé d’Affaires of Luxembourg in Cabo Verde Thomas Barbancey and the Head of UNDP, UNFPA, UNICEF joint office Steven Ursino, as well as the two institutions’ senior leadership teams.

Broadridge Report Shows Global Class Action Securities Litigation Tops $3 Billion, With Claims Filing Opportunities Increasing 50% In 2021 - Increase In SPAC And Cryptocurrency Class Actions, Decrease In M&A Class Actions

Date 23/02/2022

The number of global class action securities litigation settlements increased a whopping 50% in 2021 with total settlements reaching more than $3 billion, according to the recently released third annual Broadridge Class Action Report, from global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR).

Minutes Of The Meeting Of The Bank Of England Court Of Directors Held On 2 December 2021

Date 23/02/2022

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.