News Centre

ASIC Publishes New Regulatory Guidance For Mortgage Brokers

Date 24/06/2020

ASIC has today published regulatory guidance to assist in the application of the new best interests duty for mortgage brokers, which comes into effect in 2021.

Refinitiv Announces Second Annual Sustainability Report Outlining Progress Towards 2020 Targets - Pledges Ongoing Support For UN Sustainable Development Goals

Date 23/06/2020

Building on its commitment to drive positive change through its data and insight, Refinitiv today announced its second annual sustainability report. The report highlights Refinitiv’s sustainability achievements as a transparent, responsible business and reinforces its commitments to put sustainability at the heart of its product offering and be part of an ecosystem of changemakers.

ISDA 35th AGM And COVID-19

Date 23/06/2020

Following continued monitoring of the coronavirus crisis, ISDA has taken the very difficult decision to cancel this year’s ISDA Annual General Meeting (AGM) in Madrid.

U.S. Chamber's Coalition Letter On Policing Reform

Date 23/06/2020

The following letter was sent to the Hill today with 100 organizations cosigning the letter.

Clearing Houses: EU Presidency And Parliament Reach Political Agreement On Recovery And Resolution

Date 23/06/2020

The EU is stepping up its rules to make clearing houses safer and address systemic risk that could arise from their potential failure.

ISDA Launches Clause Library

Date 23/06/2020

ISDA has launched a new drafting tool intended to introduce greater standardization in how firms negotiate and agree clauses within their ISDA documentation.

FINRA Announces Passing Of Thomas Gira, Executive VP, Market Regulation And Transparency Services

Date 23/06/2020

With great sadness, FINRA today announced that Thomas Gira, Executive Vice President of Market Regulation and Transparency Services, passed away on Saturday, June 20. He was 58.

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

Date 23/06/2020

SIFMA has confirmed its previous holiday recommendations 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. Independence Day Holiday.

Ontario Securities Commission Announces New Vice-Chair And Commissioner Appointments - Wendy Berman Has Been Appointed Vice Chair, Cathy Singer As Part-Time Commissioner

Date 23/06/2020

Ontario Securities Commission Acting Chair and Chief Executive Officer Grant Vingoe today announced the appointment of Wendy Berman as Vice-Chair for a one-year term, and Cathy Singer as part-time Commissioner for a two-year term.

SIFMA Statement On SEC And DOJ Review Of Market Data Fees

Date 23/06/2020

SIFMA today issued the following statement from SIFMA president and CEO Kenneth E. Bentsen, Jr. on the review by the SEC and DOJ of the fees the exchanges charge for data:

“SIFMA welcomes the initiative by the Securities and Exchange Commission and the U.S. Justice Department to partner in efforts to review the fees the exchanges charge for data. We believe the agreement should allow the SEC to determine whether exchange fees are subject to competition.  Access to this market data is essential to America’s world-leading capital markets because all participants need timely and complete data to make informed decisions for all customers.  The for-profit exchanges exclusively control the distribution and sale of market data, which has led to unchecked fee increases.  SIFMA has long argued that these fee increases are inconsistent with the exchanges’ actual costs in collecting and distributing market data and thus constitute an excessive mark-up over cost.  We appreciate the focus by the SEC and the DOJ on this important issue.”