News Centre

Guidelines For New Zealand Financial Services Businesses And Staff Under COVID-19 Alert Level 2

Date 20/09/2021

Latest details on doing business at Alert Level 2 can be found at the COVID-19 Government website.

Office Of The Comptroller Of The Currency Issues Cease And Desist Order Against MUFG Union Bank For Deficiencies Relating To Technology And Operational Risk Governance

Date 20/09/2021

The Office of the Comptroller of the Currency (OCC) today issued a Cease and Desist Order against MUFG Union Bank, N.A.

Remarks Before The Alternative Reference Rates Committee’s SOFR Symposium, SEC Chair Gary Gensler, Washington D.C., Sept. 20, 2021

Date 20/09/2021

Thank you, Tom. As is customary, I’d like to note that my views are my own, and I’m not speaking on behalf of the Commission or SEC staff.

British Columbia Securities Commission Alleges Misrepresentations And False Or Misleading Statements By Mineral Exploration Company

Date 20/09/2021

The British Columbia Securities Commission (BCSC) alleges that a Vancouver-based mining exploration company and two of its directors made misrepresentations and false or misleading statements about sales of its shares.

FTSE Russell Introduces Innovative Thematic Indexes For Growing Global Technology Sector

Date 20/09/2021

• Multi and single theme technology focused indexes launched for artificial intelligence, fintech, video gaming, internet of things (IoT) and cybersecurity themes, amongst others
• FTSE Russell utilize cutting-edge natural language processing techniques to identify stocks for inclusion in indexes
• Globally, technology related funds now account for half of total thematic assets under management (AUM)

Moscow Exchange: Risk Parameters Change For The Security NUE-RM

Date 20/09/2021

As per the Securities market risk parameters methodology, on 20.09.2021, 19-24 (MSK) the lower bound of the price band (up to 6518) and initial margins (up to 25 %) for the security NUE-RM were changed. New values are available here

SEC, MSRB, FINRA To Hold Compliance Outreach Program For Municipal Advisors

Date 20/09/2021

The Securities and Exchange Commission's Division of Examinations and Office of Municipal Securities (OMS), the Municipal Securities Rulemaking Board (MSRB), and the Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for the 2021 Compliance Outreach Program for Municipal Advisors. The virtual program will be held Thursday, Oct. 7, 2021, from 10 a.m. to 5 p.m. ET. Additional information and program materials, including the agenda are available on the SEC website.

BIS Quarterly Review - International Banking And Financial Market Developments - September 2021

Date 20/09/2021

Key takeaways

• The mood in advanced economies’ equity and corporate credit markets continued to be upbeat but government bond yields declined, even as investors perceived an increased likelihood of monetary policy tightening. 
• Financial conditions remained extremely accommodative, especially in the United States. 
• Challenges to emerging market economies surfaced as currency weakness and portfolio outflows despite declining long-term US yields

Moscow Exchange : Risk Parameters Change For The Securities

Date 20/09/2021

The following risk parameters will be changed:

Finansinspektionen Notifies The EU Regarding Extension Of The Existing Risk Weight Floor For Swedish Mortgages

Date 20/09/2021

Finansinspektionen has notified the Commission and the European Systemic Risk Board (ESRB) that it intends to adopt a decision to extend the current risk weight floor for Swedish Mortgages for a period of two years, in accordance with Article 458 of the CRR.