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  • Federal Reserve Issues FOMC Statement

    Date 13/06/2018

    Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data suggest that growth of household spending has picked up, while business fixed investment has continued to grow strongly. On a 12-month basis, both overall inflation and inflation for items other than food and energy have moved close to 2 percent. Indicators of longer-term inflation expectations are little changed, on balance.

  • Federal Court Orders Jamal Y. Vance And His Company All City Investments, LLC To Pay Over $770,000 In Penalties For Solicitation Fraud And Failure To Register As A Commodity Trading Advisor

    Date 13/06/2018

    The Commodity Futures Trading Commission (CFTC) today announced that Judge Alison P. Nathan of the U.S. District Court for the Southern District of New York entered a Consent Order against Defendant Jamal Y. Vance, finding that Vance committed solicitation fraud in connection with off-exchange foreign currency (forex) transactions and failed to register with the CFTC as a Commodity Trading Advisor (CTA), as required.

  • EBA Provides Clarity To Market Participants For The Implementation Of The Technical Standards On Strong Customer Authentication And Common And Secure Communication Under The PSD2

    Date 13/06/2018

    The European Banking Authority (EBA) published today two regulatory products, an Opinion and a Consultation Paper on draft Guidelines, to clarify a number of issues identified by market participants in relation to the regulatory technical standards (RTS) on strong customer authentication and common and secure communication (SCA and CSC), which will apply from 14 September 2019. The Opinion focuses on the implementation of the RTS while the Consultation Paper proposes a pragmatic and consistent approach to the four conditions to be met to benefit from an exemption from the fallback option envisaged under Article 33(6) of the RTS. The EBA will also extend its Single Rulebook Q&A tool to the revised Payments Services Directive (PSD2). With all these additional measures, the EBA aims at providing assistance to market participants for a smooth and transparent implementation of its RTS on SCA and CSC.

  • Athens Exchange Group: Changes In The Composition Of ATHEX Indices

    Date 13/06/2018

    The Athens Stock Exchange, informs about the changes that will be implemented in the composition of the ATHEX Index Series.

  • Athens Exchange Group: Changes In FTSE/ATHEX Index Series

    Date 13/06/2018

    The Athens Stock Exchange, informs about the changes that will be implemented in the composition of the FTSE/ATHEX Index Series.

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