News Centre

New Zealand Financial Markets Authority Concludes Inquiries Into Fonterra’s 2019 Financial Statements And Complaints Relating To Valuations Of Beingmate And China Farms

Date 08/07/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has closed its inquiries that followed Fonterra’s 2019 financial statements market announcement. The FMA did not find evidence to support regulatory action, including litigation, under the Financial Markets Conduct Act.

US Department Of Justice: Cryptocurrency Fraudster Sentenced For Money Laundering And Securities Fraud In Multi-Million Dollar Investment Scheme

Date 08/07/2021

A Swedish man was sentenced today to 15 years in prison for securities fraud, wire fraud and money laundering charges that defrauded thousands of victims of more than $16 million.

Consolidated Audit Trail: The “A Through Z” Security And Privacy Requirements, Kelvin To, Founder And President At Data Boiler Technologies

Date 08/07/2021

When we compare the current Consolidated Audit Trail (CAT) design with our “A-Z” requirements listed below, we see significant deficiencies and ineffective controls in CAT that require immediate attention. Is that the reason why the CAT operating committee seems to hesitate to respond to each of our 26 suggestions? These principle based requirements are better than the Enhanced Data Security proposal which only ask FINRA CAT LLC to comply with outdated security guidance – the revision 4 of SP800-53 by the NIST [see prior article’s endnote for a elaborated discussion]. To address the flaws in CAT’s outdated design and to resolve CAT’s challenges, it will take not just cooperation and collaboration, but development and deployment efforts.

Canadian Securities Regulators Sign Innovative Functions Co-Operation Agreement With The Securities And Futures Commission Of Hong Kong

Date 08/07/2021

Members of the Canadian Securities Administrators (CSA) have signed an innovative functions co-operation agreement with the Securities and Futures Commission of Hong Kong (SFC). The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan.

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

Date 08/07/2021

As per the Securities market risk parameters methodology, on 08.07.2021, 20-50 (MSK) the upper bound of the price band (up to 4267) and initial margins (up to 48.75 %) for the security SPCE-RM were changed. New values are available here

CFTC: Georgia Man Sanctioned For Fraudulent Scheme Attempting To Profit From COVID-19

Date 08/07/2021

The Commodity Futures Trading Commission announced today that the U.S. District Court for the Northern District of Texas entered a default judgment against Kenzley Ramos, a Georgia resident, for engaging in fraudulent solicitation, misappropriation, operation of an unlawful commodity pool, and failure to register with the CFTC.

CryptoCompare: Open Interest Falls 40.9% To $16.4bn & Volumes Stagnate - Aggregate Open Interest Falls to Lowest Levels since January 2021 & Derivative and Spot Volumes Decline

Date 08/07/2021

Moscow Exchange Ratings Rise In Euromoney FX Survey

Date 08/07/2021

Moscow Exchange, Russia’s leading trading platform in equities, bonds, derivatives, FX and money markets, has secured strong positions in Euromoney magazine’s authoritative annual survey of foreign exchange market participants. MOEX achieved a second place ranking in customer satisfaction among multi-dealer platforms, fourth place in the overall Best ECN ranking – up three spots from last year – and sixth place by overall volume among the multi-dealer platforms.

BME Growth Welcomes Endurance Motive

Date 08/07/2021

• It is the sixth company to ring the bell in BME Growth so far this year

Industrial Stars Of Italy 4 S.p.A. Lists On AIM Italia

Date 08/07/2021

• Sixteenth listing of 2021 on Borsa Italiana’s AIM Italia

• The SPAC raised €138 million with listing