News Centre

“The Future Of Regulation: AI For Consumer Good” - Speech By Christopher Woolard, Executive Director Of Strategy And Competition At The FCA, Delivered At The Alan Turing Institute's AI Ethics In The Financial Sector Conference

Date 16/07/2019

Highlights:

• As the regulator, we consider the use of AI in financial services from three main perspectives.
• Firstly, which parts of the debate are novel and where is there continuity.
• Secondly, how can we ensure AI is creating value for citizens.
• And lastly, how can we work with others to develop a shared understanding that will determine our approach over the years ahead.

Woodseer Global And ULTUMUS Announce ETF Dividend Forecast Product Launch

Date 16/07/2019

Woodseer Global, the London-based dividend forecast data specialist and ULTUMUS, the leading global provider of data services for index and ETF data, today announced the launch of their joint ETF Dividend Forecast product.

Launch Of Solactive ISS ESG Prime Index Series

Date 16/07/2019

Solactive is pleased to announce the release of its Solactive ISS ESG Prime Index Series , a range of indices tracking various regional segments of the global stock market including only companies fulfilling ambitious absolute ESG performance requirements. 

Poznań University Of Economics And Business Selects ZISHI For Derivatives Education Project

Date 16/07/2019

OSTC, a leading, global derivatives trading and education business, announces that its ZISHI education subsidiary has been selected to provide services to increase competences of students in management programmes of Poznań University of Economics and Business, one of Eastern Europe’s most prestigious universities. 

ESMA Consults On Performance Fee Guidelines For Retail Funds, Seeking Greater Harmonisation

Date 16/07/2019

The European Securities and Markets Authority (ESMA) launched today a public consultation on draft guidelines on performance fees under the Undertakings for Collective Investments in Transferable Securities (UCITS) Directive. 

Itiviti Works With Bloomberg To Further Facilitate Transition For SSEOMS Clients

Date 16/07/2019

Itiviti, a leading technology and service provider to financial institutions worldwide, is pleased to announce a collaboration with Bloomberg LLC to enable a seamless transition and onboarding process for clients currently using Bloomberg SSEOMS to Iitiviti’s multi-asset Order Management System (OMS).

IMF Reaffirms Singapore's Financial Sector Oversight As "Among The Best Globally"

Date 16/07/2019

The Monetary Authority of Singapore (MAS) said today that  the International Monetary Fund (IMF) has completed its Financial Sector Assessment Programme (FSAP)  for Singapore and reaffirmed Singapore’s financial sector oversight to be “among the best globally”. 

SIFMA And Financial Services Forum Submit Comments On Federal Reserve Board Control Proposal

Date 15/07/2019

The Securities Industry and Financial Markets Association (SIFMA) and the Financial Services Forum today submitted joint comments on a proposal modifying the rules for determining control of a banking organization, issued by the Board of Governors of the Federal Reserve System (FRB) with the stated goal of simplifying and increasing transparency.

SEC: Statement On Opportunity Zones, SEC Chairman Jay Clayton, July 15, 2019

Date 15/07/2019

Today, together with our regulatory colleagues at the North American Securities Administrators Association (NASAA), our staff issued a statement explaining the potential application of state and federal securities laws to fundraising for Opportunity Zones. Separately, our staff also provided guidance regarding the ability of Main Street investors to participate in these offerings. Our staff, and our state colleagues, have my deep appreciation for their proactive and cooperative approach to this matter.

New York Department Of Financial Services Grants Licenses To Seed CX Companies To Provide Virtual Currency Services For Institutional Customers

Date 15/07/2019

Financial Services Superintendent Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has approved the applications of Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC for virtual currency licenses, and has approved Zero Hash for a money transmitter license.  SCXM and Zero Hash are both subsidiaries of Seed CX Ltd.  Since her nomination to lead DFS in February, Superintendent Lacewell has now approved four virtual currency licenses.