News Centre

SEC: Broker-Dealer Admits It Failed To File SARs

Date 28/03/2018

Aegis Capital Corporation, a New York-based brokerage firm, has admitted that it failed to file Suspicious Activity Reports (SARs) on numerous suspicious transactions.

ESMA Updates Its MiFID II Q&As On Market Structures And Transparency Topics

Date 28/03/2018

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers regarding transparencyand market structures issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

Bank Of England: Update On The Regulatory Approach To Preparations For EU Withdrawal

Date 28/03/2018

The Bank of England welcomes the agreement between the UK and EU27 that there should be an implementation period until the end of 2020 as part of the UK’s Withdrawal Agreement with the EU.

UK Regulators Right To Back Transition, Says TheCityUK

Date 28/03/2018

The Bank of England and PRA have today sent letters outlining their intention, following political agreement of a transition period at the spring European Council, to allow firms to continue undertaking their activities during the transition period in much the same way as now.

EU Withdrawal: Transition And Financial Regulation - Speech By Andrew Bailey, Chief Executive Of The FCA, At The All Party Parliamentary Group On Wholesale Financial Services Annual Dinner

Date 28/03/2018

Highlights

• A transitional period is important for everyone involved in financial services on both sides.
• A key issue is the need for continuing authorisation for firms which are undertaking cross-border business between the UK.
• We need to work with EU regulators to find common solutions.

Bank Of England - CCPs’ Preparations For The UK’s Withdrawal From The European Union: Update Following March 2018 European Council

Date 28/03/2018

Letter from Sir Jon Cunliffe, Deputy Governor, Financial Stability to Central Counterparties (CCPs)

Letter to Central Counterparties (CCPs)

UK Finance Responds To Bank Of England And FCA Updates On Transition Period

Date 28/03/2018

Responding to the Bank of England and Financial Conduct Authority’s updates today on their regulatory approach to the transition period that forms part of the UK’s Withdrawal Agreement with the EU, UK Finance Chief Executive Stephen Jones said:

“Today’s announcements from the Bank of England and Financial Conduct Authority provide much-needed clarity around the transition arrangements. Both have taken a pragmatic approach to the authorisation of EEA firms and funds operating in the UK that make a significant contribution to our economy.

“The impetus is now on EU regulators to follow suit, and for both sides to work together on cross-border models of supervision that businesses on both sides of the Channel can rely on throughout the implementation period. Without similar assurances from EU regulators, UK-based firms serving customers in the EU will be forced to continue implementing costly contingency plans.”

Thomson Reuters First-Quarter 2018 Earnings Announcement And Webcast Scheduled For Friday, May 11, 2018

Date 28/03/2018

Thomson Reuters (NYSE, TSX: TRI) announced today that its first-quarter 2018 earnings will be issued via news release on Friday, May 11, 2018.

JonesTrading Expands Derivatives Trading Services - Industry Veteran David O’Shaughnessy Joins The Firm

Date 28/03/2018

JonesTrading Institutional Services LLC (“JonesTrading”) announced today that it continues recruitment of top industry talent as the firm grows, naming David O’Shaughnessy as Managing Director in its Derivatives Trading Group. Mr. O’Shaughnessy is an industry veteran, bringing over 15 years’ experience and expertise to the team. He will be based in New York and report to Jeff Micsky, Head of Global Derivatives.

TASE Is Launching For The First Time Series Of Long-Dated TA-35 Index Futures

Date 28/03/2018

Tomorrow (March 29, 2018), the Tel-Aviv Stock Exchange (TASE) is launching series of long-dated TA-35 index futures.