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Statement From US Secretary Of The Treasury Janet L. Yellen On The Passage Of The American Rescue Plan

Date 10/03/2021

The numbers may not immediately reflect it, but today was a pivotal day for the American economy.

Report From FINRA Board Of Governors Meeting – March 2021 - Board Approves Rulemaking Item And Use Of 2020 Fine Monies; Moves Forward With Advanced Analytics Strategic Initiative

Date 10/03/2021

FINRA’s Board of Governors met on March 3 and 4 for the first time in 2021. During the meeting, the Board approved one rulemaking item and discussed a variety of topics, including the evolution of FINRA's Member Supervision Department, which recently published the 2021 Report on FINRA’s Examination and Risk Monitoring Program.

FINRA - New Research: Repeated Exposure To Fraud Awareness Education Reduces Susceptibility To Investment Scams

Date 10/03/2021

While the economic fallout caused by COVID-19 has led to a significant rise in tips, complaints and referrals involving investment scams, new research from the FINRA Investor Education Foundation (FINRA Foundation) and the Center for Economic and Social Research (CESR) provides evidence that repeated exposure to concise, online educational interventions can reduce susceptibility to investment fraud among U.S. adults.

Alberta Securities Commission Releases 2020 Update Of Women On Boards Data

Date 10/03/2021

The Alberta Securities Commission (ASC) today participated in the publication of CSA Multilateral Staff Notice 58-312 Report on Sixth Staff Review of Disclosure Regarding Women on Boards and in Executive Officer Positions.

Ontario Securities Commission Requests Applications For Continuous Disclosure Advisory Committee

Date 10/03/2021

The Ontario Securities Commission (OSC) is seeking members for its Continuous Disclosure Advisory Committee (CDAC).

Canadian Securities Regulators Publish Sixth Review Regarding Women On Boards And In Executive Officer Positions

Date 10/03/2021

Securities regulatory authorities in Alberta, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan (the participating jurisdictions) today published results from the sixth year review of women on boards and in executive officer positions.

EDM Council Enters Telecom Industry As Verizon Joins As Member

Date 10/03/2021

EDM Council, the leading trade association for data management and analytics, is pleased to announce Verizon has joined the membership expanding the Council’s engagement into the telecommunications industry. EDM Council added over 50 new member firms in 2020, making it one of the most successful years in the Council’s 15-year history. 

BIS: Covid-19 Bank Dividend Payout Restrictions: Effects And Trade-Offs

Date 10/03/2021

Key takeaways

• In the context of the Covid crisis, authorities adopted dividend payout restrictions to enhance bank resilience and support stronger growth in bank lending. Restrictions may reduce short-term equity returns for bank shareholders, especially in the case of banks with a low price-to-book ratio.
• In line with these predictions, bank equity prices fell with dividend restriction announcements, but credit default swap (CDS) spreads indicated that default risk either fell or was unaffected, even in the face of the economic downturn.
• Bank capitalisation rose in jurisdictions which restricted payouts, supporting institutional and systemwide stability; the increased capital was more likely to support greater lending with restrictions present.

The Platform For Collaboration On Tax Launches Tax Treaty Negotiations Toolkit

Date 10/03/2021

The Platform for Collaboration on Tax (PCT) — a joint initiative of the IMF, OECD, UN, and World Bank Group – released the final version of the Toolkit on Tax Treaty Negotiations along with its web-based, interactive edition.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With Indonesian Finance Minister Sri Mulyani Indrawati

Date 10/03/2021

Earlier this week, Secretary of the Treasury Janet L. Yellen spoke with Indonesian Finance Minister Sri Mulyani Indrawati. Secretary Yellen emphasized her support for strong U.S.-Indonesia relations and conveyed her intention to deepen bilateral and multilateral cooperation with Indonesia to address key regional and global challenges, including the need for a strong recovery from the COVID-19 pandemic and global efforts to address the threat of climate change.