FTSE Mondo Visione Exchanges Index: 99,410.18 +1,017.38

News Centre

Statement On The Denial Of A Rulemaking Petition Regarding The Commission’s No-Admit/No-Deny Policy, SEC Chair Gary Gensler, Jan. 30, 2024

Date 30/01/2024

Today, the Commission denied a Petition for Rulemaking[1] to amend Rule 202.5(e), more commonly known as the Commission’s no-admit/no-deny policy. I was pleased to support the Commission’s decision.
Unsettling Silence: Dissent From Denial Of Request For Rulemaking To Amend 17 C.F.R. § 202.5(e), SEC Commissioner Hester M. Peirce, Jan. 30, 2024

Date 30/01/2024

I dissent from the Commission’s denial of a petition to amend Rule 202.5(e), our so-called gag rule. This de facto rule follows from the Commission’s enforcement of its policy, adopted in 1972, that it will not “permit a defendant or respondent to consent to a judgment or order that imposes a sanction while denying the allegations in the complaint or order for proceedings.” In that same policy, the Commission articulated its belief “that a refusal to admit the allegations is equivalent to a denial, unless the defendant or respondent states that he neither admits nor denies the allegations.” These two strands—the refusal to settle with persons who deny the allegations and the belief that refusing to admit is a denial—converge in the requirement that to settle with the Commission, a person must either (1) admit the allegations underlying the Commission’s enforcement action or (2) state that she neither admits nor denies the allegations.
Raymond James Bank To Use ICE Mortgage Technology’s End-To-End Digital Lending Platform - Encompass Chosen After Independent Review Of Multiple Competing Solutions

Date 30/01/2024

Intercontinental Exchange , Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Raymond James Bank will use the company’s Encompass® end-to-end digital lending platform to support mortgage origination for high net-worth borrowers across both retail and delegated correspondent lending channels. Raymond James Bank chose the solution from ICE Mortgage Technology after an objective evaluation of multiple competing alternatives.
BaFin Warns Consumers About The Website vector-fin.com

Date 30/01/2024

The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website vector-fin.com. According to information available to BaFin, the operator is providing financial and investment services on this website without the required authorisation.
The UK Prudential Regulation Authority (PRA) Fines HSBC £57,417,500 For Failures In Deposit Protection Identification And Notification

Date 30/01/2024

The PRA has fined HSBC Bank plc (HBEU) and HSBC UK Bank plc (HBUK) (together, the Firms) £57,417,500 for historic depositor protection failings arising from the Firms’ failures over many years to properly implement the requirements set out in the Depositor Protection Rules. These included the failure to accurately identify deposits that were eligible for Financial Services Compensation Scheme (FSCS) protection. The failings occurred for HBEU between 2015 and 2022, and for HBUK between 2018 and 2021. This fine, the second highest imposed by the PRA, reflects the seriousness of the failings.

ESMA Steps Up Its Monitoring Of EU Alternative Investment Funds And Sees Potential Risks In Funds Exposed To Leverage And Liquidity Mismatches

Date 30/01/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a report on the EU alternative investment funds (AIFs)’ market and an article on the risks posed by leveraged AIFs in the EU.
ACER: Regulators Request More Time To Agree On The Cross-Zonal Capacity Calculation Methodology For The Balancing Timeframe In The Hansa Region

Date 30/01/2024

On 17 January 2024, the National Regulatory Authorities (NRAs) of the Hansa capacity calculation region requested a six-month extension from ACER to agree on the Transmission System Operators’ (TSOs’) proposed cross-zonal capacity calculation methodology for the balancing timeframe in the Hansa region.
HKEX: Stock Exchange Participants' Market Share Report

Date 30/01/2024

The market share and turnover data shown in the report includes all Exchange Participants which had transactions during the period reported but excludes Southbound trading of Special Participants via Stock Connect.
The World Federation Of Exchanges Announces Priorities For 2024

Date 30/01/2024

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, today announces the 2024 priorities for the exchange and clearing industry.
Securities Commission Malaysia Welcomes New Board Member

Date 30/01/2024

The Securities Commission Malaysia (SC) has welcomed the appointment of Kemal Rizadi Arbi as its new Board member for a two-year term, effective on 15 January 2024.