News Centre

SEC Charges Global Software Company SAP For FCPA Violations - German Multinational Agrees To Monetary Sanctions Of Nearly $100 Million To Settle SEC's Bribery Charges

Date 10/01/2024

The Securities and Exchange Commission today announced charges against global software company SAP SE for violations of the Foreign Corrupt Practices Act (FCPA) arising out of bribery schemes in South Africa, Malawi, Kenya, Tanzania, Ghana, Indonesia, and Azerbaijan. The company agreed to monetary sanctions of nearly $100 million in disgorgement and prejudgment interest to settle the SEC’s charges.

US Department Of Justice: SAP To Pay Over $220M To Resolve Foreign Bribery Investigations

Date 10/01/2024

SAP SE (SAP), a publicly traded global software company based in Germany, will pay over $220 million to resolve investigations by the U.S. Justice Department and the Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA).

Ontario Securities Commission Announces Seniors Expert Advisory Committee Members For 2024

Date 10/01/2024

The Ontario Securities Commission (OSC) today announced the membership of its Seniors Expert Advisory Committee (SEAC) for the 2024 term.

CFTC Commissioner Pham To Speak At GBBC’s 7th Annual Blockchain Central Davos

Date 10/01/2024

FINRA Foundation Research Examines Investors Of Color - Investors Of Color Are Entering The Market At A Faster Pace Than White Investors And Tend To Be Much Younger, Report Shows

Date 10/01/2024

The FINRA Investor Education Foundation (FINRA Foundation) has released a new report, Investors of Color in the United States.

CFTC Chairman Behnam To Keynote At The Commodity Markets Council’s State Of The Industry 2024 Annual Meeting

Date 10/01/2024

Ontario Securities Commission Survey Reveals Gaps In Canadians’ Retirement Experiences And Preparedness

Date 10/01/2024

The Ontario Securities Commission (OSC) today released Profiles of Retirement, an investor research survey that looked at the financial lives of Canadians 50 years of age and older.

Euronext Announces Volumes For December 2023

Date 10/01/2024

Euronext, the leading pan-European market infrastructure, today announced trading volumes for December 2023.

BaFin Warns Consumers About The Website softwaretrading.net

Date 10/01/2024

The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website softwaretrading.net. According to information available to BaFin, the operator is providing financial and investment services on this website without the required authorisation.

BIS: The "Plucking" Model Of The Unemployment Rate Floor: Cross-Country Estimates And Empirics

Date 10/01/2024

We use unemployment rate (u-rate) data from 19 economies to analyse the uneven ups and downs in the economy – an idea from Friedman's "plucking theory". Larger upturns follow deeper downturns, but deeper downturns do not necessarily follow larger upturns. Bad shocks lift, or "pluck", the u-rate up from a floor, and then it rebounds. We estimate what that floor is in 19 economies and ask what this means for policy.