News Centre

SEC Staff To Hold Fintech Forum To Discuss Distributed Ledger Technology And Digital Assets - Forum To Be Held On May 31 At SEC Headquarters

Date 15/03/2019

The Securities and Exchange Commission today announced that its staff will host a public forum focusing on distributed ledger technology (DLT) and digital assets on May 31, 2019.  The forum is being organized by the agency’s Strategic Hub for Innovation and Financial Technology (FinHub) and was announced in connection with the launch of FinHub last year.

US Federal Agencies Adopt Interim Final Rule To Facilitate Transfers Of Legacy Swaps

Date 15/03/2019

Five federal agencies today acted to ensure that qualifying swaps may be transferred from a United Kingdom (UK) entity to an affiliate in the European Union (EU) or the United States without triggering new margin requirements. The action is in response to the possibility of a non-negotiated withdrawal of the UK from the EU. This action applies to legacy swaps that were entered into before applicable regulatory margin requirements took effect and is generally consistent with similar relief contemplated by international jurisdictions.

EBRD And BMCE Bank Of Africa Support Green Energy Investments In Morocco

Date 15/03/2019

• EBRD providing financial package of up to €10 million to BMCE Bank of Africa
• Programme supported by GCF to increase investments in green energy
• EBRD also extending €50 million risk-sharing facility to BMCE Bank of Africa

CFTC To Hold An Open Commission Meeting On March 25

Date 15/03/2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo announced that the CFTC will hold an open meeting on Monday, March 25, 2019, at 10:00 a.m. to consider the following:

• Amendment to the Comparability Determination for Japan:  Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants;

• Comparability Determination for Australia:  Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants;

• Final Rule Amending Regulations on Segregation of Assets Held as Collateral in Uncleared Swap Transactions;

• Final Rule Regarding the De Minimis Exception to the Swap Dealer Definition – Swaps Entered into by Insured Depository Institutions in Connection with Loans to Customers

• Final Rule Regarding Financial Surveillance Examination Program Requirements for Self-Regulatory Organizations

• Brexit-Related Updates to Memoranda of Understanding and Related Side Letters with the United Kingdom Financial Conduct Authority; and

• Interim Final Rule Regarding Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants in Light of Brexit

Deutsche Börse Group: Business Indicators For February 2019

Date 15/03/2019

The World Federation Of Exchanges Hosts Emerging Markets Forum For Industry Stakeholders

Date 15/03/2019

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and central counterparties (CCPs), hosted a one-day Emerging Markets (EM) Forum to explore the themes arising from two of its recent reports on the factors that attract international investors to emerging markets.

ACER Publishes Its Analysis On The Tariff Code Implementation For Gas In Hungary

Date 15/03/2019

The EU Agency for the Cooperation of Energy Regulators (ACER) has published its sixteenth Report on the implementation of the Network Code on Harmonised Transmission Tariff Structures for Gas, which presents the analysis of the Agency for the transmission system of Hungary.

Applying A Principles-Based Approach To Disclosing Complex, Uncertain And Evolving Risks, William Hinman, Director, SEC Division Of Corporation Finance, Remarks At The 18th Annual Institute On Securities Regulation In Europe, London, England, March 15, 2019

Date 15/03/2019

Good morning. Thank you, John [White] for that kind introduction and to the Practicing Law Institute and Allen & Overy for hosting this event. I am pleased to be here with you today.

Malawi Stock Exchange Weekly Report - 15 March 2019

Date 15/03/2019

Click here to download Malawi Stock Exchange's weekly report.

UK Financial Conduct Authority: Endorsement Of Credit Ratings From The European Union Into The United Kingdom For Regulatory Use In The Event Of A No-Deal Brexit

Date 15/03/2019

Today, the FCA has assessed the European Union (EU) regulatory and supervisory regime to be ‘as stringent as’ the UK’s regime for the purposes of allowing UK-registered Credit Rating Agencies (CRAs) to endorse credit ratings into the UK from affiliated EU CRAs for regulatory use under the Credit Rating Agencies Regulation (CRAR(link is external)), as amended by The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019 (CRAR SI(link is external)).