News Centre

Compliance, Culture And Evolving Regulatory Expectations, Speech By Mark Steward, UK Financial Conduct Authority Executive Director Of Enforcement And Market Oversight, Delivered At NYU Law School

Date 26/04/2021

Highlights

• The Senior Managers Regime (SMR) has changed the way firms allocate responsibilities, align those responsibilities to relevant controls and ensure oversight as to how these controls operate down the line.
• The 5 Conduct Questions (5CQ), which start with ‘tone from the top’, are increasingly focussing on ‘tone from within’ which requires every person in an organisation to be personally accountable and engaged. 
• Every employee of a regulated firm is subject to individual conduct rules, which impose broad obligations. 
• The SMR and 5CQ questions require firms to think about how a system or function might fail because of non-compliance, and they inject a sharper focus on conduct risk into the fabric of an organisation. 
• As demonstrated by enforcement cases, failures are not necessarily failures of compliance, but the consequence of choices made by individuals. 

SEC Names Keo Chea As Director of Public Engagement And Aisha Johnson As Director Of Media Relations

Date 26/04/2021

The Securities and Exchange Commission today announced the appointments of Keo Chea as Director of Public Engagement and Aisha Johnson as Director of Media Relations. Chea joins the SEC from the Consumer Financial Protection Bureau, effective today, and Johnson will join the SEC from the office of U.S. Senator Bob Casey, D-Pa., effective May 10.

Moscow Exchange: Risk Parameters Change For The Securities

Date 26/04/2021

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

Broadway Technology Names Claudia Cantarella Chief Legal Officer - Long-Term Broadway Executive Elevated To Senior Strategic Role

Date 26/04/2021

Broadway Technology, a leading provider of high-performance front-office solutions, today announced it has promoted Claudia Cantarella to the role of Chief Legal Officer. Cantarella will also join the Executive Leadership Team and direct the company’s global legal and regulatory activity, guide corporate strategy and development, and help position Broadway for continued growth.

internationals-ma.de: BaFin Launches Investigation Into International Markets Association

Date 26/04/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin informs the public that International Markets Association, registered office unknown, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not subject to BaFin’s supervision.

Moscow Exchange: Risk Parameters On Securities Market

Date 26/04/2021

CCP NCC will set the following risk parameters on Securities market starting from April 27, 2021:

Tassat Appoints Barbara Kissner As Its Chief Information Security Officer - Financial Services Industry Expert Will Oversee All Security And Governance Practices As Company Continues Rapid Growth

Date 26/04/2021

Tassat, a global provider of financial technologies and products for digital payments, today announced it has appointed Barbara Kissner as its Chief Information Security Officer (CISO) to oversee the company’s infrastructure, technology and data security. As Tassat undergoes rapid growth, Ms. Kissner will be responsible for devising the company’s overall information security strategy, maintaining oversight for all security processes and ensuring robust due diligence practices.

ESMA Enters Final Stage In The Registration Of The First Securitisation Repositories

Date 26/04/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator,  announces that it has reached the last stage in the assessment process of applications received from Securitisation Repositories (SRs) under the Securitisation Regulation (SECR).

LuxSE, Fundsquare And Brazilian Fintech Quantum Cooperate On Financial Data Dissemination In LatAm Markets

Date 26/04/2021

The Luxembourg Stock Exchange (LuxSE), its wholly owned subsidiary Fundsquare and Brazilian financial technology company Quantum have entered into an agreement, which will provide investors and key market players in Latin America with access to a broader scope of financial data.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 26/04/2021

CCP NCC is changing the following risk parameters on Securities market starting from April 28, 2021.