News Centre

First Interagency Fraud Disruption Conference Focuses On Combatting Crypto Schemes Commonly Known As “Pig Butchering”

Date 11/07/2024

The Commodity Futures Trading Commission and the Department of Justice’s Computer Crime and Intellectual Property Section’s National Cryptocurrency Enforcement Team (NCET) announced today they convened the first Fraud Disruption Conference to work on efforts to combat a type of fraud commonly known as “pig butchering.” It is estimated that Americans are scammed out of billions per year, making this a top law enforcement priority.

New York Department Of Financial Services Superintendent Harris Adopts Insurance Guidance To Combat Discrimination In Artificial Intelligence - Establishes Principles To Protect Consumers When Insurers Use Artificial Intelligence In Underwriting And Pricing

Date 11/07/2024

Today, Department of Financial Services (“DFS”) Superintendent Adrienne A. Harris adopted guidance to protect consumers from unfair or unlawful discrimination by insurers using artificial intelligence.

Ontario Securities Commission Seeks Feedback On Proposed Process For Distributing Disgorged Funds To Harmed Investors

Date 11/07/2024

The Ontario Securities Commission (OSC) today published for comment a rule proposal that would establish a new process for returning money to harmed investors.

B.C. Securities Commission Adopts Business Conduct Rule For Derivatives Dealers And Advisers

Date 11/07/2024

The B.C. Securities Commission today published advanced notice of adoption of a comprehensive regime for regulating the business conduct of dealers and advisers in the over-the-counter derivatives market, including a number of provisions that are specific to B.C.

UK Financial Conduct Authority: Court Sets Dates For ‘Finfluencer’ Trials

Date 11/07/2024

Trials have been scheduled after the FCA charged 9 individuals in relation to an unauthorised foreign exchange trading scheme promoted on social media.

ESAs Report On The Use Of Behavioural Insights In Supervisory And Policy Work

Date 11/07/2024

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a joint report following their workshop on the use of behavioural insights by supervisory authorities in their day-to-day oversight and policy work.

EBA Updates List Of Other Systemically Important Institutions

Date 11/07/2024

• 178 banks identified as systemically important in 2023.
• The list aims to increase transparency in the EU.
• The assessment of systemic importance remains under the remit of the national competent or designated authorities.

Miami International Holdings Reports Trading Results For June 2024 - YTD Volumes Reach Record Levels On Multiple Options And Equities Exchanges

Date 11/07/2024

Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies, today reported June 2024 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group), and Minneapolis Grain Exchange (MGEX™).

ACER: Regulators Call On The New European Parliament, Commission And Council To Focus On Key Electricity And Infrastructure Challenges To Deliver A Decarbonised, Consumer-Centric And Competitive Electricity System In 2030 And Beyond

Date 11/07/2024

Today’s ACER-CEER position paper on the challenges of the future electricity system calls on the European Commission, Council and Parliament to prioritise five key electricity and infrastructure challenges throughout the legislative process in their upcoming mandate(s).

CME Group And CF Benchmarks To Launch Two New Cryptocurrency Reference Rates And Real-Time Indices On July 29

Date 11/07/2024

CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch two new cryptocurrency reference rates and real-time indices for Ripple XRP (XRP) and Internet Computer (ICP), which will be calculated and published daily by CF Benchmarks, beginning July 29.