News Centre

US Federal Agencies Request Comment On Quality Control Standards For Automated Valuation Models Proposed Rule

Date 01/06/2023

Six federal regulatory agencies today requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In particular, the proposed rule would implement quality control standards for automated valuation models (AVMs) used by mortgage originators and secondary market issuers in valuing real estate collateral securing mortgage loans.

Statement Of CFTC Commissioner Christy Goldsmith Romero On Advance Notice Of Proposed Rulemaking On Risk Management Program Regulations - Requirements For Banks And Brokers To Manage Evolving And Emerging Risks

Date 01/06/2023

Management of existing, evolving, and emerging risk is paramount to the financial stability of the United States and global markets. This is evidenced by the recent bank failures, followed by subsequent government action taken out of regulatory concern over possible contagion effect to other banks and broader economic spillover.  Federal Reserve Board Vice Chair Michael Barr recently testified before the Senate at a hearing on the bank failures, “the events of the last few weeks raise questions about evolving risks and what more can and should be done so that isolated banking problems do not undermine confidence in healthy banks and threaten the stability of the banking system as a whole.”

Canadian Securities Regulators Defer Launch Of New SEDAR+ Filing System

Date 01/06/2023

The Canadian Securities Administrators (CSA) today issued an update about SEDAR+, the new system that will be used by all market participants to file, disclose and search for issuer information in Canada’s capital markets, which had a planned launch date of June 13, 2023. The CSA now intends to launch SEDAR+ on July 25, 2023, with a contingency date in September.   

Ontario Securities Commission Seeks Applications For Seniors Expert Advisory Committee

Date 01/06/2023

The Ontario Securities Commission (OSC) is seeking members for its Seniors Expert Advisory Committee (SEAC or the Committee). 

Canadian Securities Regulators To Review Use Of Chargebacks By Securities Registrants

Date 01/06/2023

The Canadian Securities Administrators (CSA) is launching a review of the use of chargebacks in the mutual fund industry. The CSA is undertaking this review due to concerns about potential conflicts of interest associated with this practice.

Vienna Stock Exchange Award 2023: Premiere Victory For Schoeller-Bleckmann Oilfield Equipment

Date 01/06/2023

• Schoeller-Bleckmann Oilfield Equipment AG claims its first ATX Prize win
• Shared first places in Mid Cap (Flughafen Wien AG & Frequentis AG) and Journalist categories (Erste Group Bank AG & voestalpine AG)
• AT&S Austria Technologie & Systemtechnik AG & Flughafen Wien AG win in two award categories

We Will See More Investment Flows In Nigeria – Nigerian Exchange Group Chief Executive Officer Onyema

Date 01/06/2023

On the back of the new administration’s readiness to remove the fuel subsidy, unify exchange rates and ensure that investors and foreign businesses repatriate their hard-earned dividends and profits home, the Group Chief Executive Officer, Nigerian Exchange Group (NGX Group), Oscar Onyema, OON, has expressed optimism that the nation’s economy will witness more investment flows.

NGX Expresses Optimism Over FG’s Readiness To Tackle FX Constraints ….Says It Will Continue To Build On Partnerships

Date 01/06/2023

Nigerian Exchange Limited (NGX) has said it is confident that the new administration will take efficient steps to address FX constraints, which have continued to challenge the nation’s economy.

A Cheatsheet For Bid Ask Spreads - Kaiko Research: Deep Dive

Date 01/06/2023

This week’s Deep Dive brings you up to date with all things spreads, one of the most frequently used indicators when assessing a market’s liquidity. I’ll focus mainly on the distribution of spreads across base assets, exchanges and quote assets over the last month. It is more important now than ever that traders know what exchanges or pairs will give them best execution on their trade. Kaiko’s order book data makes that possible.

ISDA Response To DSB Consultation On ISIN And CFI Service Provision

Date 01/06/2023

On May 31, ISDA submitted a response to the Derivatives Service Bureau (DSB) consultation related to the 2024 over-the-counter international securities identification number (ISIN) and classification financial instrument code (CFI) service provision. This response reflects the input provided by member firms via the ISDA Data and Reporting Working Groups.