News Centre

SIFMA Statement On The Confirmation Of Gary Gensler To Serve As Chairman Of The SEC

Date 14/04/2021

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Gary Gensler as Chairman of the U.S. Securities and Exchange Commission (SEC):

“We congratulate Mr. Gensler on his confirmation as SEC Chairman. Given his deep industry and policy experience, we look forward to working with him on issues of importance to investors, markets and capital formation to promote economic growth and job creation.”

FIA Statement On The US Senate Confirmation Of Gary Gensler To Chair The SEC

Date 14/04/2021

FIA President and CEO Walt Lukken today made the following statement after the US Senate voted to confirm Gary Gensler as Chairman of the Securities and Exchange Commission (SEC):

“FIA congratulates Gary Gensler on his confirmation to lead the SEC in the Biden Administration. Chairman Gensler is an experienced regulator who will bring a wealth of knowledge to a challenging set of issues before the SEC and the financial industry. FIA looks forward to working with Chairman Gensler and his fellow commissioners to support transparent, competitive and soundly regulated financial markets.”

SEC: Statement On Senate Confirmation Of Gary Gensler

Date 14/04/2021

A warm congratulations to Gary Gensler on his Senate confirmation to become Chair of the SEC. He will be joining a dedicated staff that works tirelessly day in and day out on behalf of investors and our markets. We welcome him back to public service and look forward to working together to execute our vital mission.

Dubai Financial Services Authority And The Bank Of Italy Sign A Memorandum Of Understanding

Date 14/04/2021

On 23 March, the Dubai Financial Services Authority and the Bank of Italy signed a Memorandum of Understanding (MoU) to facilitate continued cooperation in the area of financial supervision. This MoU focuses on cooperation and information exchange in supervision and resolution of financial institutions including the important area of fighting financial crime.

NGX Regulation Publishes 2021 Supervision Priorities For Trading License Holders

Date 14/04/2021

NGX Regulation Limited (NGX RegCo), the independent regulatory arm of Nigerian Exchange Group, has published its supervision priorities for 2021 on Wednesday, 14 April 2021. 

Investing In Global Healthcare With New ETF Issued By TD Asset Management Inc. – Index Provided By Solactive

Date 14/04/2021

The COVID-19 pandemic has placed an enormous burden on the infrastructure, workforce, and supply chain of global healthcare providers. Simultaneously, businesses are required to innovate on short notice, catalyzing transformations in the entire healthcare ecosystem. TD Asset Management Inc. (TDAM) has announced the launch of an ETF enabling investors to access this aspiring market, whose expenses account, according to the WHO, for nearly 10% of the global GDP[1]. The TD Global Healthcare Leaders Index ETF (TDOC) seeks to track the Solactive Global Healthcare Leaders Index and started trading on April 14th on the Toronto Stock Exchange.

BIS: Basel Committee Publishes Analytical Reports On Climate-Related Financial Risks

Date 14/04/2021

• The two reports discuss transmission channels of climate-related risks to the banking system, and the measurement methodologies of climate-related financial risks.
• Climate risk drivers can be captured in traditional financial risk categories, but additional progress is needed to better estimate these risks.
• The reports provide a conceptual foundation for the Basel Committee's next phase of work to identify potential gaps in the Basel Framework and consider measures to address them.

U.S. Department Of The Treasury Establishes New Office To Lead Implementation Of Relief And Recovery Programs

Date 14/04/2021

Today, the U.S. Department of the Treasury announced the establishment of the Office of Recovery Programs to lead the Department’s implementation of economic relief and recovery programs, including nearly $420 billion in programs from the American Rescue Plan Act of 2021. This new office, which will be led by the Chief Recovery Officer, will report to Treasury’s Deputy Secretary and will be principally focused on efficiently establishing and administering Treasury’s programs to support an equitable and swift recovery from the economic challenges precipitated by the COVID-19 pandemic.

CFTC Staff Issues Continuation Of Certain No-Action Relief To Market Participants In Response To COVID-19

Date 14/04/2021

The Commodity Futures Trading Commission today announced the Market Participants Division (MPD) and the Division of Market Oversight (DMO) are providing a continuation of certain parts of the temporary no-action relief issued in response to the COVID-19 (coronavirus) pandemic that is scheduled to expire on April 15, 2021. Any prior relief not extended by CFTC Staff Letter No. 21-10 has expired or will expire pursuant to the terms of the applicable CFTC Staff Letter.

UK Financial Conduct Authority: Financial Stability Board Publishes Peer Review Of UK Remuneration Regime

Date 14/04/2021

The FCA has published a joint statement with the PRA welcoming the Financial Stability Board’s (FSB) Peer Review of the UK’s remuneration regime.