News Centre

U.S. Department of the Treasury - Fact Sheet: The American Rescue Plan Will Deliver Immediate Economic Relief To Families

Date 18/03/2021

The current public health crisis and resulting economic crisis have devastated the health and economic wellbeing of millions of Americans. From big cities to small towns, Americans – particularly people of color, immigrants, and low-wage workers – are facing a deep economic crisis. More than 9.5 million workers have lost their jobs in the wake of the pandemic, with 4 million out of work for half a year or longer.

SEC Obtains Emergency Asset Freeze, Charges Colorado Resident With Fraud Involving Sham Bottling Company

Date 18/03/2021

The Securities and Exchange Commission today announced it filed charges and obtained an asset freeze and other emergency relief to stop an alleged offering fraud and misappropriation of investor assets orchestrated by Colorado Springs resident Tra Jay Scarlett using two entities under Scarlett's control, Chatfield PCS Ltd. (Chatfield) and GO ECO Manufacturing, Inc. (GO ECO).

NZX: Dividend Reinvestment Plan Strike Price And AUD FX Rate

Date 18/03/2021

NZX advises that the strike price for the dividend reinvestment plan (DRP) operating in respect of the dividend payable on Friday 26 March 2021 has been set at $1.9395 per share.

SEC Charges Co-Founders Of San Francisco Biotech Company With $60 Million Fraud

Date 18/03/2021

The Securities and Exchange Commission today charged Jessica Richman and Zachary Apte, co-founders of uBiome Inc., a San Francisco-based private medical testing company, with defrauding investors out of $60 million by falsely portraying uBiome as a successful start-up with a proven business model and strong prospects for future growth.

Intercontinental Exchange Sets Date For 2021 Virtual Annual Meeting Of Stockholders

Date 18/03/2021

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced today that, in order to protect the health and safety of its stockholders, employees and other meeting attendees amidst the COVID-19 pandemic, the Company’s 2021 Annual Meeting of Stockholders will be held virtually, on Friday, May 14, 2021 at 8:30 a.m. Eastern Time. Stockholders of record as of the close of business on Tuesday, March 16, 2021 are entitled to participate in, vote and submit questions at the Annual Meeting. Stockholders will also be able to submit questions in advance of the meeting at proxyvote.com beginning on Friday, April 30, 2021. Additional information regarding the Annual Meeting, including how to participate, vote and submit questions, will be provided in the Company’s proxy statement, which will be filed with the Securities and Exchange Commission and will be available on the Company’s website at www.ir.theice.com in late March. A live audio webcast and replay of the Annual Meeting will be available on the Company’s investor relations website at www.ir.theice.com.

SIFMA Statement on Bill Prohibiting The SEC From Requiring Collection Of PII Under The CAT

Date 18/03/2021

SIFMA today released the following statement from president and CEO Kenneth E. Bentsen, Jr. on the “Protecting Investors’ Personally Identifiable Information Act”:

“SIFMA commends Congressman Barry Loudermilk (R-GA) for his leadership and House Financial Services Capital Markets Subcommittee Ranking Member Bill Huizenga (R-MI) as well as Congressmen Ted Budd (R-NC), Warren Davidson (R-OH) and French Hill (R-AR) for their support of the ‘Protecting Investors’ Personally Identifiable Information Act.’  This bill would prohibit the Securities and Exchange Commission (SEC) from requiring that personally identifiable information (PII) be collected under Consolidated Audit Trail (CAT) reporting requirements."

SEC Charges Owner Of Real Estate Investment Company With Defrauding Investors

Date 18/03/2021

The Securities and Exchange Commission today charged a New Jersey resident with defrauding investors, most of whom were members of the Orthodox Jewish community, who invested millions based on false claims about investments in real estate. 

EBA Updates Phase 2 Of Its 3.0 Reporting Framework

Date 18/03/2021

The European Banking Authority (EBA) published today the phase 2 of its reporting framework v3.0. The technical package supports the implementation of the reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM) and the XBRL taxonomies for v3.0.

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 18/03/2021

The following coefficients for Moscow Exchange indices come into force from March 19, 2021:

EBA Consults On Its Revised Guidelines On Recovery Plan Indicators

Date 18/03/2021

• The revised Guidelines provide a common EU standard for the recovery plan indicators to ensure they can promptly signal a stressed situation and enable the institution to consider timely and effective recovery actions.
• The key objective of the revised Guidelines is to strengthen the quality of the recovery indicators framework in order to ensure institutions’ effective crisis preparedness.
• The amendments of the revised Guidelines introduce few changes to the minimum list of recovery indicators and focus on practical aspects such as calibration of the thresholds of recovery plan indicators and their monitoring.