FTSE Mondo Visione Exchanges Index:
News Centre
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Major Singapore Retail Banks To Introduce Singpass Face Verification, Further Strengthening Resilience Against Phishing Scams
Date 18/09/2024
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today announced that major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.
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SEC: Unregistered Municipal Advisory Activity In Public-Private Partnerships, Dave Sanchez, Director, Office Of Municipal Securities, The Bond Buyer Infrastructure Conference, Philadelphia, Sept. 17, 2024
Date 17/09/2024
Good afternoon everyone. I want to thank The Bond Buyer for organizing this Infrastructure Conference and for inviting me today to talk about some important regulatory safeguards that were put in place a decade ago to help state and local governments make effective infrastructure investments.
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SEC Charges 11 Institutional Investment Managers With Failing To Report Certain Securities Holdings - Two Of The Firms Also Charged With Failing To Report Large Trader Transactions
Date 17/09/2024
The Securities and Exchange Commission today announced charges against 11 institutional investment managers for failing to file reports, known as Forms 13F, that they were required to file because they have discretion over more than $100 million in certain securities. Two of the entities, Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. (Nationale-Nederlanden) and NEPC, LLC, were also charged with failing to file Forms 13H as required for large traders who trade a significant amount of exchange-listed securities. All 11 firms agreed to settle the SEC’s charges. Nine of the firms will pay more than $3.4 million in combined civil penalties. Two firms were not ordered to pay any civil penalties because they self-reported the violations at issue and otherwise cooperated with the SEC’s investigations, and another (NEPC, LLC) was not ordered to pay a civil penalty for its failure to file Forms 13H because it self-reported those violations and otherwise cooperated with the SEC’s investigations.
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Remarks By US Under Secretary For Domestic Finance Nellie Liang At The Georgetown University Financial Markets Quality Conference
Date 17/09/2024
Thank you for the invitation to be part of this impressive conference on financial market quality and the opportunity to speak with you.
In my remarks today, I will focus on the Treasury market. This market serves the role of financing our government at the lowest cost to the taxpayer over time and is at the core of global financial markets. It provides the benchmark risk-free yield curve, and it helps underpin the role of the dollar in global transactions. And being the deepest and most liquid market in the world, it serves as a key source of safe and liquid assets for investors and is used for liquidity risk management by many financial firms, both banks and nonbanks.
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SEC Charges Multiple Individuals And Entities In Relationship Investment Scams - Schemers allegedly used WhatsApp, LinkedIn, And Instagram To Lure Investors To Fake Crypto Asset Trading Platforms Before Stealing Their Money
Date 17/09/2024
The Securities and Exchange Commission today charged five entities and three individuals in connection with two relationship investment scams involving fake crypto asset trading platforms NanoBit and CoinW6, respectively. The SEC’s two complaints allege that the defendants solicited investors via social media apps, lied to them to gain their trust and confidence, and then stole their money. These charges are the SEC’s first enforcement actions alleging these types of scams.
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US Acting Comptroller Of The Currency Issues Statements At FDIC Board Meeting On Bank Merger Policy And Recordkeeping
Date 17/09/2024
Acting Comptroller of the Currency Michael J. Hsu issued statements at today’s Federal Deposit Insurance Corporation (FDIC) board meeting regarding bank merger policy and a notice of proposed rulemaking on depository institutions’ recordkeeping for custodial deposit accounts with transactional features.
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US Justice Department Withdraws From 1995 Bank Merger Guidelines
Date 17/09/2024
The Justice Department announced today its withdrawal from the 1995 Bank Merger Guidelines and emphasized that the 2023 Merger Guidelines remain its sole and authoritative statement across all industries.
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Office Of The Comptroller Of The Currency Approves Final Rule And Policy Statement On Bank Mergers
Date 17/09/2024
The Office of the Comptroller of the Currency (OCC) today approved a final rule updating its regulations for business combinations involving national banks and federal savings associations and a policy statement clarifying its review of applications under the Bank Merger Act (BMA).
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Audit Firm Prager Metis Settles SEC Charges For Negligence In FTX Audits And For Violating Auditor Independence Requirements
Date 17/09/2024
The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services firm, Prager Metis CPAs LLP, (collectively, the Prager Entities) agreed to pay $1.95 million to resolve two actions alleging misconduct in its audits of the now-defunct crypto asset trading platform, FTX, and auditor independence violations.
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B.C. Securities Commission Bans Unregistered, Offshore Crypto Trading Platform From Operating In B.C.
Date 17/09/2024
The B.C. Securities Commission (BCSC) has banned the operator of an unregistered and unauthorized crypto trading platform from trading in or purchasing securities and derivatives on behalf of British Columbians.
