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Summary Of Day 2 Of The Second Three Seas Stock Exchanges Conference In Warsaw

Date 08/10/2021

• The second Three Seas Stock Exchanges Conference took place in Warsaw on 7-8 October 2021 as part of the celebrations of the 30th anniversary of the Warsaw Stock Exchange (GPW)
• The event brought together Polish authorities and European institutions, Three Seas Exchanges CEOs and companies participating in the CEEplus index
• The second day of the Conference was dedicated to discussing the co-operation in the Three Seas Exchanges Initiative 
• President of Poland Andrzej Duda is the honorary patron of GPW’s 30th anniversary

Nigerian Exchange Weekly Market Report For October 8th, 2021

Date 08/10/2021

A total turnover of 2.179 billion shares worth N21.963 billion in 22,438 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 2.187 billion shares valued at N16.183 billion that exchanged hands last week in 14,377 deals.

CFTC Charges North Carolina Companies And Their Owners In $1 Million Foreign Currency Fraud And Misappropriation Scheme - Federal Court Issues Restraining Order Against Defendants Freezing Assets And Preserving Records

Date 08/10/2021

The Commodity Futures Trading Commission announced today that it filed a civil enforcement action in the U.S. District Court for the Western District of North Carolina, charging defendants Storm Bryant and Elijah Bryant, III  of Los Angeles, California and CapitalStorm, LLC, GenerationBlack, LLC and NCome, LLC, all North Carolina limited liability companies, with fraudulent solicitation, misappropriation and registration violations relating to a $1.05 million fraudulent scheme operated by the Bryants through their corporate entities.

Statement By US Secretary Of The Treasury Janet L. Yellen On The OECD Inclusive Framework Announcement

Date 08/10/2021

Today’s agreement represents a once-in-a-generation accomplishment for economic diplomacy. We’ve turned tireless negotiations into decades of increased prosperity – for both America and the world. Today’s agreement represents a once-in-a-generation accomplishment for economic diplomacy.

CFTC Charges Two Men And Their Companies With Commodity Pool Fraud, Other Violations

Date 08/10/2021

The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court for the District of Arizona, charging defendants Purvesh Mankad and his affiliated entities CTAX Series, LLC, a CFTC-registered commodity pool operator, and CTAX Partners, LLC, a CFTC-registered introducing broker, with fraudulent solicitation, misappropriation of pool participant funds, and making false statements to the National Futures Association (NFA) regarding the fraud.

September 2021 Monthly Figures At Eurex

Date 08/10/2021

Aside from European equity index derivatives that stayed virtually flat with negative growth of 3 percent, all other derivatives trading segments at Eurex showed good growth in September. European equity derivatives led the way with growth of 43 percent – from 20.9 million traded contracts in September 2020 to 29.9 million this year – while European interest rate derivates grew by 20 percent from 53.6 million to 64.6 million traded contracts.

BIS: A Taxonomy Of Sustainable Finance Taxonomies

Date 08/10/2021

Sustainable finance taxonomies can play an important role in scaling up sustainable finance and, in turn, in supporting the achievement of high-level goals such as the Paris Accord and the UN sustainable development goals. This paper develops a framework to classify and compare existing taxonomies. Several weaknesses emerge from this classification and comparison, including the lack of usage of relevant and measurable sustainability performance indicators, a lack of granularity and lack of verification of achieved sustainability benefits. On this basis, the paper proposes key principles for the design of effective taxonomies. The principles are then employed to develop a simple framework for transition taxonomies. The key policy messages of the analysis are: (i) Endeavor that taxonomies correspond to specific sustainability objectives; (ii) Encourage the development of transition taxonomies and focus alignment with the objectives of the Paris Agreement; (iii) Monitor and supervise the evolution of certification and verification processes; and (iv) Shift to mandatory impact reporting for green bonds.

Bank Of England Financial Policy Summary And Record - October 2021

Date 08/10/2021

The Bank of England Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.

CFTC: The Global Markets Advisory Committee Will Meet On October 25

Date 08/10/2021

The Global Markets Advisory Committee (GMAC) will hold a public meeting on Monday, October 25, 2021. The meeting will begin at 8:45 a.m. (EDT) via teleconference in accordance with the Commodity Futures Trading Commission’s implementation of social distancing due to the coronavirus (COVID-19) pandemic. Commissioner Dawn Stump is the sponsor of the GMAC. 

LCH Sees Strong Clearing Volumes In Q3 2021

Date 08/10/2021

Daniel Maguire, Group Head, Post Trade, LSEG and CEO of LCH Group, said:

“LCH has continued its robust 2021 performance in Q3, with increased clearing activity from both new and existing customers. We are continuing to support our members and our clients in achieving efficiency while navigating regulatory change. The implementation of the latest phase of the uncleared margin rules in September served as a specific milestone for the derivatives market. As we enter Q4, attention is turning to the cessation of LIBOR at the end of the year and we remain committed to supporting the market in this reform and driving the migration to risk-free rates.”