News Centre

UK Insurer Walks Away From High-Profile Litigation Against Bitfinex

Date 29/01/2021

A UK-based cyber insurer has walked away from high-profile litigation against Bitfinex. The insurer was seeking to recover a bitcoin ransom it paid out under a cyber-policy, and argued that Bitfinex should be liable to pay damages despite bitcoin being innocently received onto its exchange.  The discontinuance confirmed today by the High Court means the insurer will not receive any compensation from Bitfinex but instead will reimburse Bitfinex for its attorney costs, which once fully assessed will be considerably more than GBP 100,000.  

Statement Of SEC Acting Chair Lee And Commissioners Peirce, Roisman, And Crenshaw Regarding Recent Market Volatility

Date 29/01/2021

The Commission is closely monitoring and evaluating the extreme price volatility of certain stocks’ trading prices over the past several days. Our core market infrastructure has proven resilient under the weight of this week’s extraordinary trading volumes. Nevertheless, extreme stock price volatility has the potential to expose investors to rapid and severe losses and undermine market confidence. 

Moscow Exchange: Risk Parameters Change For The Security JNJ-RM

Date 29/01/2021

As per the Securities market risk parameters methodology, on 29.01.2021, 16-38 (MSK) the lower bound of the price band (up to 11754) and initial margins (up to 13.75 %) for the security JNJ-RM were changed. New values are available here

Canadian DB Pensions Post Near-Double-Digit Returns Despite Historic, Turbulent Year: RBC Investor & Treasury Services

Date 29/01/2021

Canadian defined benefit (DB) pension plans ended the year in positive territory against a backdrop of radical uncertainty. Retirement assets returned 9.2% overall in 2020 and 5.4% in the final quarter of the year, according to an All Plan Universe survey just released by RBC Investor & Treasury Services.

Bank Of England Convenes Members Of The Public And Businesses To Join The Climate Change Debate

Date 29/01/2021

Businesses and the citizens from across the UK have had their say on how the financial sector can help tackle climate change as part of a new Bank of England (Bank) initiative to engage with external stakeholders on climate change.

Moscow Exchange: Risk Parameters Change For The Security BIIB-RM - Update

Date 29/01/2021

As per the Securities market risk parameters methodology, on 29.01.2021, 15-57 (MSK) the upper bound of the price band (up to 23771) and initial margins (up to 25.5 %) for the security BIIB-RM were changed. New values are available here

Securities Commission Malaysia And Bursa Malaysia: Investors Reminded To Exercise Caution When Participating In Social Media Chatrooms Promoting Specific Stock Trading

Date 29/01/2021

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, fuelled by social media chatrooms against shortsellers.    

ESMA Calls For Legislative Action On ESG Ratings And Assessment Tools

Date 29/01/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has written to the European Commission (EC) sharing its views on the main challenges in the area of ESG ratings and assessment tools. ESMA highlights the need to match the growth in demand for these products with appropriate regulatory requirements to ensure their quality and reliability.

Moscow Exchange: Risk Parameters Change For The Security BIIB-RM

Date 29/01/2021

As per the Securities market risk parameters methodology, on 29.01.2021, 15-36 (MSK) the upper bound of the price band (up to 22909) and initial margins (up to 21.25 %) for the security BIIB-RM were changed. New values are available here

ESMA Supports The Endorsement Of IFRS 17 Insurance Contracts

Date 29/01/2021