News Centre

SEC Charges Two Former KPMG Auditors For Improper Professional Conduct During Audit Of Not-For-Profit College

Date 23/02/2021

The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.  The SEC previously charged the college’s former controller with fraud in connection with the college’s fiscal year 2015 financial statements. 

Opening Statement Of CFTC Acting Chairman Rostin Behnam Before The Market Risk Advisory Committee

Date 23/02/2021

Good morning and welcome to the first virtual meeting of the CFTC’s Market Risk Advisory Committee (MRAC or Committee) of 2021.  I want to thank Commissioners Quintenz, Stump, and Berkovitz for joining today’s meeting.  I also want to thank and acknowledge the MRAC members, the subcommittee chairs, and the speakers who will participate in today’s panels.

Bank Of England: Minutes Of The Meeting Of The Court Of Directors Held On 11 December 2020

Date 23/02/2021

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

TASE To Launch All-Bond - A Series Of New Bond Indices

Date 23/02/2021

• The All-Bond Index Series Will Build on the “All Bonds" Index
• The All-Bond Indices will be Methodically Calculated, in Real Time
• Under the new methodology, the “All Bonds" and the “CPI-Linked Bonds" indices will be upgraded, two new All-Bond indices will be launched - “All Bond Shekel" and “All-Bond Floating", and the calculation of 6 end-of-day bond indices will be discontinued.

Semiannual Monetary Policy Report To The Congress, Federal Reserve Chair Jerome H. Powell, Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate

Date 23/02/2021

Chairman Brown, Ranking Member Toomey, and other members of the Committee, I am pleased to present the Federal Reserve's semiannual Monetary Policy Report.

SEC Awards More Than $9.2 Million To Whistleblower For Successful Related Actions, Including Agreement With DOJ

Date 23/02/2021

The Securities and Exchange Commission today announced an award of more than $9.2 million to a whistleblower who provided information that led to successful related actions by the U.S. Department of Justice, one of which was a non-prosecution agreement (NPA) or deferred prosecution agreement (DPA). The whistleblower previously received an award for contributions to an SEC enforcement action based on the same information that supported the award for the related actions, a prerequisite for eligibility for a related-action award.

LA Muza Inversiones SICAV, S.A.: BaFin Imposes Administrative Fines

Date 23/02/2021

On 22 February 2021, BaFin imposed administrative fines totalling 60,000 euros on LA Muza Inversiones SICAV, S.A.

FundGuard Closes $12 Million Series A Funding Round To Accelerate Growth Of First AI-Powered Investment Management Enterprise SaaS Platform - Investment Will Drive Product Development, Entry To New Markets And Grow The Executive Team

Date 23/02/2021

FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round. The financing is being led by Team8 and existing investors Blumberg Capital and LionBird Ventures.

Banking Industry-Funded UK Police Unit Cracks Down On Covid-19 Scams, Preventing £20m Of Fraud In 2020

Date 23/02/2021

ICE Reports Record Futures Open Interest Of 46.9 Million Contracts

Date 23/02/2021

• OI record in Brent Futures of 2.76 million
• Sterling Futures and Options OI record of 19.9 million