News Centre

NZX Revenue & Shareholder Metrics

Date 30/10/2024

Please see attached NZX Revenue & Shareholder Metrics for Q3 2024.

New Zealand Financial Markets Authority - Consultation: Renewal Of Class Exemption For DIMS Licensees From Certain Financial Reporting Requirements

Date 30/10/2024

The FMA is reviewing whether to renew for a further five years an existing class exemption notice for certain providers of discretionary investment management services (DIMS) who are licensed to provide DIMS under Part 6 of the Financial Markets Conduct Act 2013 (FMC Act).  

Rising To The Occasion On Private Markets - Speech By Nikhil Rathi, Chief Executive Of The UK Financial Conduct Authority, Delivered At The Investment Association Annual Dinner

Date 29/10/2024

Highlights

• Private markets are growing. The FCA supports this growth as part of ensuring a range of financing options for companies, and the competitiveness of UK investment management.
• We must embrace innovation to boost competitiveness, whilst understanding in detail the risks.
• This requires greater transparency and collaboration, as part of broader conversations on resetting the UK’s risk boundaries.

Remarks By US Secretary Of The Treasury Janet L. Yellen At The American Bankers Association Annual Convention

Date 29/10/2024

Let me start by thanking President Nichols for the invitation and for his leadership. I am very glad to have the opportunity to speak to all of you today.

FIA Statement On CME’s FCM License

Date 29/10/2024

FIA president and CEO Walt Lukken made the following statement today regarding the approval of CME’s futures commission merchant (FCM) license.

“The approval of CME's FCM application is the latest and most significant example of a trend that raises serious concerns about market regulation and systemic risk. The approval comes at a time when the CFTC has yet to propose a strong rule to address conflicts among affiliated CFTC-regulated entities. "

ISDA Letter To FASB On Share-Based Payment From A Customer In A Revenue Contract

Date 29/10/2024

On October 21, ISDA submitted a response to the Financial Accounting Standards Board (FASB) on File Reference No. 2024-ED100, Derivatives Scope Refinements and Scope Clarification for a Share-based Payment from a Customer in a Revenue Contract. ISDA appreciates the FASB’s considerations on this topic and supports the reporting guidelines and clarifications to address questions raised by stakeholders. ISDA believes the FASB’s proposal will improve the application and relevance of the Derivatives and Hedging (Topic 815) and Revenue from Contracts with Customers (Topic 606) guidance and has provided potential refinements and improvements to the guidance in the letter.

Canadian Roundtable On Audit Quality Addresses Current State And Trends

Date 29/10/2024

On October 21, the Canadian Securities Administrators (CSA), the Canadian Public Accountability Board (CPAB), and the Office of the Superintendent of Financial Institutions (OSFI) co-hosted the sixth annual Canadian Audit Quality Roundtable.

The EBA Asks For Input To Entities Falling Within The Scope Of Initial Margin Model Authorisation Under The Revised European Market Infrastructure Regulation

Date 29/10/2024

The European Banking Authority (EBA), in cooperation with the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA), launched today a short survey addressed to entities within the scope of the initial margin (IM) model authorisation regime introduced by the upcoming revised European Market Infrastructure Regulation (EMIR 3). The deadline for submitting responses is Friday 29 November 2024.

CME Group Receives Approval To Establish Futures Commission Merchant

Date 29/10/2024

CME Group, the world's leading derivatives marketplace, today announced it has received approval from the National Futures Association (NFA) to establish a futures commission merchant (FCM).

The ESAs Finalise Rules To Facilitate Access To Financial And Sustainability Information On The ESAP

Date 29/10/2024

The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published the Final Report on the draft implementing technical standards (ITS) regarding certain tasks of the collection bodies and functionalities of the European Single Access Point (ESAP).