News Centre

One Month Ahead: ACER Is Ready For 2nd Phase Of REMIT Data Collection

Date 07/03/2016

On 7 April 2016, the obligation for market participants to report wholesale energy supply contracts executed over-the-counter, transportation contracts and additional fundamental data under the EU Regulation on Wholesale Energy Integrity and Transparency (REMIT) enters into application. This 2nd phase of data collection will complement the Agency’s data collection of wholesale energy market transactions, including orders to trade, executed at organised market places and of fundamental data from the European Networks of Transmission System Operators for electricity and gas that began 7 October 2015. In parallel with its effort to register reporting parties as Registered Reporting Mechanisms (RRMs), the Agency has provided a comprehensive set of guidance on transaction and fundamental data reporting. In addition, the Agency will publish further REMIT Q&As and FAQs on transaction and fundamental data reporting as required. Market participants should therefore be well prepared for data reporting as of 7 April 2016.

SEC Charges Rhode Island Agency and Wells Fargo With Fraud In 38 Studios Bond Offering

Date 07/03/2016

The Securities and Exchange Commission today charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. 

CISI Creates New Head Of Financial Planning Position To Support The Profession’s UK Growth

Date 07/03/2016

The Chartered Institute for Securities & Investment (CISI) is seeking a Head of Financial Planning as it accelerates its drive to grow the profession in the UK.

U.S. Department Of The Treasury: Remarks By Under Secretary Nathan Sheets At The Institute Of International Bankers

Date 07/03/2016

Thank you for inviting me here today.  I returned last week from the G-20 meeting where most of the headlines focused on the macroeconomic issues facing the global economy.  But today I would like to highlight the G-20’s major achievements and ongoing work on international financial stability and regulatory reform.  I will also address some potential interactions between our regulatory agenda and the functioning of financial markets, including market liquidity, as well as financial inclusion and de-risking. 

Keynote Remarks Of CFTC Chairman Timothy Massad Before The Institute Of International Bankers Annual Washington Conference

Date 07/03/2016

Thank you, Roger, for that kind introduction. And congratulations on this, the IIB’s 50th anniversary. The IIB has been an active participant in many of our issues for some time. We always appreciate your input, and I look forward to continuing to work together in the future.

CME Group Announces New Managing Director Roles

Date 07/03/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced the following Managing Director promotions, which were effective in February.

US T+2 ISC Recommends Move To Shorter Settlement Cycle On September 5, 2017

Date 07/03/2016

The U.S. T+2 Industry Steering Committee (T+2 ISC), organized by The Depository Trust & Clearing Corporation (DTCC) and co-chaired by the Securities Industry and Financial Markets Association (SIFMA) and the Investment Company Institute (ICI), announced the industry target date of September 5, 2017, for the U.S. move from a T+3 to a T+2 settlement cycle.

SWIFT And The Canadian Payments Association Examine Canada’s Adoption Of ISO 20022 - New Paper From SWIFT And The Canadian Payments Association Highlights The Importance Of Renewed Messaging Standards For Extended Remittance Information In The Region

Date 07/03/2016

SWIFT and the Canadian Payments Association (CPA) announce the release of a new information paper that outlines the adoption approach for ISO 20022 within the Canadian payments landscape.

UK's Financial Conduct Authority: New Accountability Regime For Banks And Insurers Comes Into Force

Date 07/03/2016

The Senior Managers Regime for the banking sector and the Senior Insurance Managers Regime both come into force today. The new regimes will hold individuals working at all levels within relevant firms to appropriate standards of conduct and ensure that senior managers are held to account for misconduct that falls within their area of responsibility.

SGX: Scheduled Additions To The FTSE ST Catalist Index

Date 07/03/2016