News Centre

Statement Of CFTC Commissioner Summer K. Mersinger On Order Regarding TeraExchange, LLC Application For Reinstatement Of Registration As A SEF

Date 06/12/2022

I support the Commission’s issuance of an Order of Registration (Order) regarding the TeraExchange, LLC’s (TeraExchange) Application for Reinstatement of Registration as a swap execution facility (SEF).  The record before us demonstrates that TeraExchange, subject to conditions set forth in the Order, has demonstrated compliance with the Commodity Exchange Act and the Commission’s regulations, and therefore its reinstatement of its registration as a SEF is appropriate.

ICE Benchmark Administration Launches The ICE Carbon Reference Entity Data Service

Date 06/12/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched the ICE Carbon Reference Entity Data Service (ICE CRED) to facilitate the management of carbon credits through the trade lifecycle.

CFTC Grants TeraExchange, LLC Reinstatement Of Its Swap Execution Facility Registration

Date 06/12/2022

The Commodity Futures Trading Commission today announced it has issued an Order of Reinstatement of Registration to TeraExchange, LLC (Tera) as a swap execution facility (SEF). Tera, a Delaware corporation and wholly owned subsidiary of Tera Group, Inc., is headquartered in Wall Township, New Jersey.

Vienna Stock Exchange - ATX Prime: New Free Float Factor For Addiko Bank And New Composition Of ATX Top Dividend

Date 06/12/2022

The Vienna Stock Exchange today reviewed the Austrian indices and announces the change of a free float factor as well as the new composition of the benchmark ATX Top Dividend. The free float factor of Addiko Bank AG decreases from 0.7 to 0.6 after shifts in the ownership structure. The ATX Top Dividend index gathers the 15 prime market stocks with the highest dividend yield. 

Pico Expands Flagship Monitoring Platform Into The Cloud With The Launch Of Corvil Cloud Analytics

Date 06/12/2022

• Corvil Cloud Analytics provides the highly granular, real-time visibility required to understand the cause of variable performance that continues to impact real-time applications running in public cloud
• New offering is simple to scale, easy to deploy and can be up and running in hours
• Corvil Cloud Analytics measures every order, every market data tick and every packet needed to manage real-time performance in public cloud environments

EBA Consults On New Guidelines To Tackle De-Risking

Date 06/12/2022

The European Banking Authority (EBA) launched today a public consultation on new Guidelines on the effective management of money laundering and terrorist financing (ML/TF) risks when providing access to financial services. Through these Guidelines, the EBA aims to ensure that customers, especially the most vulnerable ones, are not denied access to financial services without valid reason. This consultation runs until 6 February 2023.

BIS: The Pandemic, Cash And Retail Payment Behaviour: Insights From The Future Of Payments Database

Date 06/12/2022

Summary

Focus 

The Covid-19 pandemic has altered retail payment behaviour around the world. Cash withdrawals and cash use declined, even though microbiological research indicates that physical banknotes and coins are not any more likely to transfer infections than other regularly touched surfaces. A transition to digital payments, such as contactless card payments and digital payment apps, occurred rapidly. What implications do these changes have for the future of cash and digital payments, and how have they varied across economies?

Mark Turner, Kroll, Comments On FCA's Rules To Protect Consumers

Date 06/12/2022

Mark Turner, managing director in Kroll’s Financial Services Compliance and Regulation practice comments on the FCA’s stronger rules to protect consumers from rogue financial promotions announced today:

“Today’s announcement by the FCA is the latest in a line of significant changes being made to financial promotion requirements in the UK. Both the Government and the FCA recognise that financial promotions and marketing are likely to be the most regular contact that consumers have with firms offering financial products and services. Very often a promotion or advert will contain information on which the consumer relies on when reaching a decision. There have been many cases over recent years where consumer harm has been caused in part due to misleading statements in promotion materials.

CryptoCompare Asset Report - November 2022: Bitcoin Outflows Reach Record Highs Following FTX Collapse

Date 06/12/2022

The performance of digital and traditional assets diverged in November as the collapse of FTX erased billions of dollars from the digital asset markets.  This, combined with fears of market contagion, has led to severe negative performances this month, with BTC returning -16.3%, its worst monthly performance since June 2022.

FSB Plenary Meets In Basel

Date 06/12/2022

The Financial Stability Board (FSB) Plenary met yesterday and today in Basel, to discuss the outlook for global financial stability, including issues of particular relevance to emerging market and developing economies (EMDEs), and any actions needed to address identified vulnerabilities in the global financial system. The Plenary reviewed policy work in several areas, including crypto-assets and decentralised finance (DeFi) and climate-related financial risks. The Plenary also agreed the FSB’s work programme for 2023.