News Centre

Coalition Of International Whistleblower Advocacy Groups Provides Recommendations For Latvia’s New Whistleblower Law

Date 25/08/2020

Today, the international whistleblower law firm Kohn, Kohn & Colapinto, LLP along with the National Whistleblower Center, Whistleblowing International, and the European Center for Whistleblower Rights filed a public comment urging Latvia to adopt specific proven protections for whistleblowers in any new legislation to be created to fulfill the requirements of the Directive (EU) 2019/1937 on the Protection of Persons who report Breaches of Union Law, passed this year.

SIX Reports Strong Performance For First Half Of 2020 Despite Global Market Turmoil

Date 25/08/2020

In a globally challenging environment brought under turmoil by COVID-19, SIX generated CHF 624.1 million in operating income in the first half of 2020.

New Zealand Financial Markets Authority - Exemption: Banks And NBDTs August 2020

Date 25/08/2020

The Ministry of Health have granted an exemption to enable registered banks and licensed non-bank deposit takers (NBDTs) to carry out critical financial services at Alert Level 3. Link to the gazette.

ASIC Issues Guidance For Government’s Enhanced Regulatory Sandbox

Date 25/08/2020

ASIC has today released guidance to assist innovative financial businesses test their products and services under the Government’s enhanced regulatory sandbox (ERS), scheduled to commence on 1 September 2020.

FTSE Mondo Visione Exchanges Index Closes At Record High

Date 25/08/2020

The FTSE Mondo Visione Exchanges Index reached a new record closing high on Monday, closing at 69,546.68.

Salesforce.Com, Amgen And Honeywell International Set To Join Dow Jones Industrial Average

Date 24/08/2020

S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) effective prior to the opening of trading on Monday, August 31:

Salesforce.com (NYSE:CRM) will replace Exxon Mobil Corp. (NYSE:XOM), Amgen Inc. (NASD:AMGN) will replace Pfizer Inc. (NYSE:PFE), and Honeywell International Inc. (NYSE:HON) will replace Raytheon Technologies Corp. (NYSE:RTX).

ISDA Letter To FSB GUUG – Global UTI Implementation

Date 24/08/2020

Individual jurisdictions are currently amending or drafting transaction reporting rules.  This ISDA letter to the Financial Stability Board’s (FSB) Working Group on UTI and UPI Governance (GUUG) requests more active, improved coordination of global UTI implementation timelines and alignment to the CPMI-IOSCO Harmonisation Group recommendations, even while the final International Governance Body is being established.

FIA And FIA PTG Comment In Support Of The CFTC’s Electronic Trading Proposal

Date 24/08/2020

FIA and FIA PTG (collectively, “FIA”) today submitted comments supporting the CFTC’s Electronic Trading Risk Principles rule proposal. The CFTC proposal reflects a carefully reasoned principles-based approach that builds on the industry’s efforts over the years to mitigate the risks of electronic trading. As such, FIA strongly encourages the agency to prioritize the proposal in its rulemaking agenda.

SIFMA Fixed Income Market Close Recommendation In The U.S., The U.K. And Japan For U.S. Labor Day Holiday

Date 24/08/2020

SIFMA has confirmed its previous holiday recommendation for a full market close on Monday, September 7 for the trading of U.S. dollar-denominated fixed income securities in the U.S., the U.K., and Japan in observance of the U.S. Labor Day holiday.

CFTC Adds More Than 20 Unregistered Foreign Entities To RED List - New RED List Interactive Webpage Launched

Date 24/08/2020

As part of the Commodity Futures Trading Commission’s ongoing efforts to help protect Americans from fraud, today the CFTC added 22 unregistered foreign entities to its Registration Deficient List (RED List). The CFTC also launched a redesigned RED List webpage that provides more information about the listed entities and why the CFTC recommends individuals not engage in financial transactions with them. Launched in 2015 [See CFTC Press Release No. 7224-15], the CFTC’s RED List now contains 168 entities.