News Centre

READOUT: U.S. Secretary Of The Treasury Janet L. Yellen’s Meetings In Brussels, Belgium

Date 17/05/2022

Today, U.S. Secretary of the Treasury Janet L. Yellen met with European Commission President Ursula von der Leyen, as well as European Commission Executive Vice President Valdis Dombrovskis and European Commissioner for the Economy Paolo Gentiloni.  Secretary Yellen emphasized that the United States stands with Ukraine and welcomed Europe’s close cooperation in holding Russia accountable for its illegal and unprovoked war.  The Secretary discussed the need for the international community to provide economic assistance to Ukraine.  The Secretary also discussed Europe’s efforts to reduce its reliance on Russian energy.

Vienna Stock Exchange: Discontinuation Of Russian depositary Indices

Date 17/05/2022

The CEE & CIS Emergency Committee of Wiener Börse AG has decided to discontinue the calculation of the Russian Depositary Index (RDX) and 14 other indices with Russian Depositary underlyings. The 15 indices suspended since the beginning of March were based on prices determined on the London Stock Exchange (IOB). The decision is effective as of today, 17 May 2022. Outstanding structured products can be switched to Russian indices with a local price source (Moscow Stock Exchange). The calculation of all Russian indices with the price source Moscow is paused until further notice. In addition, the composition of the local Russian indices changes due to the exclusion of Russian companies that are targets of sanctions imposed by the European Union.

ESMA Consults On Notifications For Cross-Border Marketing And Management Of Funds

Date 17/05/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is consulting stakeholders on the information and templates to be provided, and used by firms, when they inform regulators of their cross-border marketing and management activities under the UCITS Directive and the AIFMD.

Finansinspektionen Appoints Auditor After IT Incident At Swedbank

Date 17/05/2022

Finansinspektionen (FI) is appointing an auditor to map the IT incident that occured at Swedbank AB during the night between 28 and 29 April and resulted in incorrect balances being shown in customers’ accounts.

CFTC Commissioner Goldsmith Romero To Participate In A Fireside Chat At The DC Blockchain Summit

Date 17/05/2022

SEC Charges Allianz Global Investors And Three Former Senior Portfolio Managers With Multibillion Dollar Securities Fraud - Allianz Global Investors Agrees To Pay More Than $1 Billion To Resolve SEC Charges

Date 17/05/2022

The Securities and Exchange Commission (SEC) today charged Allianz Global Investors U.S. LLC (AGI US) and three former senior portfolio managers with a massive fraudulent scheme that concealed the immense downside risks of a complex options trading strategy they called “Structured Alpha.” AGI US marketed and sold the strategy to approximately 114 institutional investors, including pension funds for teachers, clergy, bus drivers, engineers, and other individuals.  After the COVID-19 market crash of March 2020 exposed the fraudulent scheme, the strategy lost billions of dollars as a result of AGI US and the portfolio managers’ misconduct.  AGI US has agreed to pay billions of dollars as part of an integrated, global resolution, including more than $1 billion to settle SEC charges and together with its parent, Allianz SE, over $5 billion in restitution to victims.

Fusion Risk Management Expands Offering For Technology And Data Service Providers - New Offerings Will Help Clients Further Fortify Critical Digital Infrastructure, Drive Operational Resilience Of Key Value Chains, And Meet Heightened Regulatory Scrutiny

Date 17/05/2022

Fusion Risk Management, Inc. ("Fusion"), the leader in operational resilience, business continuity, and risk management software and services, today announced that it is further strengthening its offerings to help technology and data service providers bolster the resiliency of digital elements of critical value chains.

Whistleblowers Hailed By Iran's Market Regulator

Date 17/05/2022

Capital Market’s Whistle-blower office has been operational since 2020 with the task of collecting and reviewing anomaly reports in four areas: issuers, market operations, financial institutions and cyberspace through Capital Market Whistle-blower platform.

Tehran Stock Exchange Weekly Market Review Ended On 11 May 2022

Date 17/05/2022

Click here to download Tehran Stock Exchange's weekly market review.

EEX And EPEX SPOT Welcome ACER’s Final Assessment Of The EU Wholesale Electricity Market Design Of April 2022

Date 17/05/2022

EEX and EPEX SPOT welcome the results of the Final ACER Assessment on the EU Wholesale Electricity Market Design. Despite turbulent conditions, the market has guaranteed security of supply and reliable price signals. ACER concludes that the current market design is worth keeping. Furthermore, ACER points out 13 long-term measures to optimise market design for a low-carbon energy future. EEX and EPEX SPOT want to highlight our constant contribution to improve the market and achieve the EU decarbonisation objectives, with products such as Guarantees of Origin, 15- and 30-minutes trading, trading close to delivery, the Local Energy Market platform for demand-side flexibility.