News Centre

New Zealand Financial Markets Authority: General Insurers Ill-Prepared For Conduct Licensing

Date 22/07/2021

General insurers are not prepared for new legislation that will require them to establish systems and processes to ensure good conduct and fair treatment of customers, according to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.

Nasdaq, Inc. Announces $475 Million Accelerated Stock Repurchase Program

Date 21/07/2021

Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it has entered into an accelerated stock repurchase agreement (“ASR”) with Goldman Sachs & Co. LLC (“Goldman Sachs”) to repurchase $475 million of the Company’s common stock. The ASR was entered into pursuant to the Company’s share repurchase program, under which $1.46 billion remained available as of July 21, 2021.

Coinbase Announces Date Of Second Quarter 2021 Financial Results

Date 21/07/2021

Coinbase Global, Inc. (the “Company”) announced today that it will publish its second quarter 2021 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Tuesday, August 10, 2021 at approximately 1:00 p.m. PT. The Company will hold a question and answer session to discuss its second quarter 2021 financial results at 2:30 p.m. PT that same day.

U.S. Department Of The Treasury: More Than 2.2 Million Additional Economic Impact Payments Disbursed Under The American Rescue Plan

Date 21/07/2021

The U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced today they have disbursed more than 2.2 million additional Economic Impact Payments under the American Rescue Plan.

Ontario Securities Commission Seeks Applications For Investment Funds Technical Advisory Committee

Date 21/07/2021

The Ontario Securities Commission (OSC) is seeking applications for membership on its Investment Funds Technical Advisory Committee (IFTAC).

FIA Tech Extends Platform To US Listed Options - Atlantis Brokerage Service Launches Support For US Listed Options

Date 21/07/2021

FIA Tech, the leading technology provider to the exchange traded derivative industry, announced today that it has added US listed options support to its Atlantis service, and gone live with brokerage processing for two major banks. The functionality was developed with the assistance of OCC (Options Clearing Corporation) and is now available for all existing and future FIA Tech customers.

Fiserv Integrates E-Commerce Solutions Into Its Portfolio in Mexico

Date 21/07/2021

• Fiserv clients will be able to reduce e-commerce transaction chargeback risk through an integration with the Vesta fraud prevention platform
• Card Not Present fraud resulted in nearly $35.5 billion dollars in losses worldwide in 2020

Moscow Exchange: Risk Parameters On Securities Market - Update

Date 21/07/2021

CCP NCC is changing risk parameters on Securities market starting from July 26, 2021:

BIS: Implementation Monitoring Of The PFMI: Level 3 Assessment Of Financial Market Infrastructures' Business Continuity Planning

Date 21/07/2021

• The CPMI and IOSCO assessed the implementation of Principle 17 (Operational risk) of the Principles for financial market infrastructures in 38 FMIs from 29 jurisdictions.
• Surveyed financial market infrastructures (FMIs) have business continuity plans, reviewed at least annually and tested regularly, that included pandemic scenarios prior to Covid-19.
• The report identified one serious issue of concern in the area of recovery. The CPMI and IOSCO urge the relevant FMIs and their supervisors to take action to resolve these issues.

SEC Awards Nearly $3 Million To Whistleblower

Date 21/07/2021

The Securities and Exchange Commission today announced an award of nearly $3 million to a whistleblower whose information and assistance led to a successful SEC enforcement action.