News Centre

CFTC Orders United Kingdom-Based Barclays Bank PLC To Pay $500,000 For Recordkeeping Violations

Date 22/09/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to create, maintain, and promptly produce required confirmations for a significant number of Exchange for Related Position (EFRP) trades in violation of CFTC Regulations. Barclays is a global banking and financial services company based in the United Kingdom, as well as a provisionally registered swap dealer with the CFTC.

DME Lists Two New Middle East Fuel Oil Derivatives

Date 22/09/2016

The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, today announced two new fuel oil contracts to hedge the price differentials between Middle East fuel oil and Singapore fuel oil.

Monica Summerville Joins TABB Group As Senior Analyst Supporting Growing Financial Technology Research And Advisory Services

Date 22/09/2016

TABB Group has expanded its financial technology practice with the hire ofMonica Summerville as a senior research analyst. Based in London, Summerville is focusing on a range of FinTech topics for TABB’s research and consulting services and will report to Terry Roche, principal and head of FinTech research at TABB. 

IMF Managing Director Christine Lagarde Announces Specific Actions On Women’s Economic Empowerment

Date 22/09/2016

• IMF commits to continue working on ensuring greater role for women in the economy
• IMF pledges to further strengthen policy advice and analysis to support female labor participation
• Women's economic inclusion boosts growth, reduces inequality and supports diversification.

EBA Consultation On The Guidelines On The Criteria On How To Stipulate The Minimum Monetary Amount Of The Professional Indemnity Insurance Under PSD2 (EBA-CP-2016-12)

Date 22/09/2016

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on the criteria Competent Authorities should consider when stipulating the minimum monetary amount of the professional indemnity insurance (PII) or comparable guarantee for payment initiation and account information service providers under the revised Payment Service Directive (PSD2).

Blockchain Could Create Efficiencies For Markets - By Craig Donohue, OCC Executive Chairman And CEO September 22, 2016

Date 22/09/2016

In nearly every interview I do I am asked for my thoughts on the future of technology, particularly blockchain.

EBA Publishes Final Draft Technical Standards On Information Exchange Between Authorities Regarding Qualifying Holdings

Date 22/09/2016

The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) on the procedures, forms and templates that Competent Authorities in the EU should use when consulting each other on qualifying holdings. The objective of these ITS is to streamline information exchanges and ensure effective communications between concerned authorities, both on a cross-border basis and across sectors.

CBOE Holdings Announces Date Of Third-Quarter 2016 Earnings Release And Conference Call

Date 22/09/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) will announce its financial results for the third quarter of 2016 before the market opens on Friday, October 28, 2016.  A conference call with remarks by CBOE Holdings, Inc. senior management will begin at 7:30 a.m. Central Time (CT). 

EBA Consults On Guidelines On Professional Indemnity Insurance Or Comparable Guarantee For Payment Initiation And Account Information Services Providers

Date 22/09/2016

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on the criteria Competent Authorities should consider when stipulating the minimum monetary amount of the professional indemnity insurance (PII) or comparable guarantee for payment initiation and account information service providers under the revised Payment Service Directive (PSD2).

CFTC Charges Jamal Y. Vance And His Company All City Investments, LLC With Solicitation Fraud In Connection With Off-Exchange Foreign Currency Transactions And Failure To Register As A Commodity Trading Advisor

Date 22/09/2016

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Jamal Y. Vance and All City Investments, LLC (All City), charging Defendants with solicitation fraud in connection with off-exchange foreign currency (forex) transactions and with failure to register as Commodity Trading Advisors (CTAs) with the CFTC as required. Vance’s last known address is in Orlando, Florida, and All City has a principal place of business in Dallas, Texas.