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  • New Zealand's Financial Markets Authority: Impact Of COVID-19 On Independent AML/CFT Audits

    Date 21/04/2020

    Section 59(2) of the AML/CFT Act requires a reporting entity to have its risk assessment and AML/CFT programme independently audited every two years. COVID-19 may impact a reporting entity’s ability to have its independent audit undertaken within that timeframe.  Any reporting entity unable to complete its independent audit on time due to COVID-19 should contact the FMA (at aml@fma.govt.nz) to discuss their position.


  • Hong Kong Securities And Futures Commission Regulatory Response To COVID-19

    Date 21/04/2020

    The Securities and Futures Commission (SFC) is determined to respond actively to the significant impact of the COVID-19 pandemic on Hong Kong’s capital markets.  This response extends to the many brokers, asset managers and other market intermediaries the SFC supervises as well as listed companies and the Stock Exchange of Hong Kong Limited (SEHK). 

  • SEC Provides For Phased CAT Broker-Dealer Reporting Timelines With Conditional Exemption For Impacts Of COVID-19

    Date 21/04/2020

    The Securities and Exchange Commission announced it has voted to issue two exemptive orders in order to move Consolidated Audit Trail (CAT) implementation forward: (1) establishing a phased CAT reporting timeline for broker-dealers, and (2) permitting introducing brokers that meet certain requirements to follow the small broker-dealer reporting timeline.

  • MGEX Extends Congratulations To Bitnomial

    Date 20/04/2020

    MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announces that earlier today, one of the Exchange’s business partners, Bitnomial Exchange, LLC (Bitnomial) received designation from the Commodity Futures Trading Commission as a DCM.  This designation paves the way for Bitnomial to launch physically delivered Bitcoin futures and options contracts.  MGEX will be providing clearing services to Bitnomial for these new products.    

  • CFTC Designates Bitnomial Exchange, LLC As A Contract Market

    Date 20/04/2020

    The Commodity Futures Trading Commission today announced that it has issued an Order of Designation to Bitnomial Exchange, LLC located in Chicago, Ill., granting it status as a designated contract market (DCM), effective today. Bitnomial Exchange is a limited liability company formed under Delaware state law.