News Centre

Japan's Financial Services Agency And Bank Of Japan: Twelfth Meeting Of The "Council For Cooperation On Financial Stability"

Date 08/04/2020

On April 8, 2020, the Financial Services Agency (FSA) and the Bank of Japan (BOJ) held the twelfth meeting of the "Council for Cooperation on Financial Stability" in a conference call to exchange views on the current situation of the financial system and the market among senior officials, including the Commissioner of the FSA and the Deputy Governor of the BOJ.

SGX Welcomes AMTD International Inc. To Mainboard

Date 08/04/2020

Singapore Exchange (SGX) today welcomed the secondary listing of AMTD International Inc. on its Mainboard under the stock code “HKB”.

ASIC Letter To Responsible Entities Of Registered Schemes In The Current COVID-19 Environment

Date 08/04/2020

ASIC is reminding responsible entities (REs) of registered managed investment schemes about their fundamental duties and legal obligations to members as they face the market volatility, disruption and other challenges associated with COVID-19.

Nadex Amends Initial Deposit Bonus Program

Date 07/04/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commission on April 7, 2020 its intent to amend the Initial Deposit Bonus Program which was implemented on March 30, 2020.  The amendment will remove the requirement that participants must make the initial deposit within 60 days of the application date requirement.  All other terms will remain the same.   Amended Terms and Conditions of the Program were also submitted to the Commission. 

CFTC To Hold An Open Commission Meeting On April 14

Date 07/04/2020

Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the postponed March 31, 2020 open meeting has been rescheduled for Tuesday, April 14, 2020 at 10:00 a.m. (EDT). The meeting will be held via conference call in accordance with the agency’s implementation of social distancing due to the COVID-19 (coronavirus) pandemic.

US Federal Agencies Issue Revised Interagency Statement On Loan Modifications By Financial Institutions Working With Customers Affected By The Coronavirus

Date 07/04/2020

The federal financial institution regulatory agencies, in consultation with state financial regulators, issued a revised interagency statement encouraging financial institutions to work constructively with borrowers affected by COVID-19 and providing additional information regarding loan modifications. The revised statement also provides the agencies' views on consumer protection considerations.

EBRD Records A Very Strong Financial Performance In 2019

Date 07/04/2020

The European Bank for Reconstruction and Development (EBRD) recorded a net profit of €1.4 billion in 2019, a sharp increase from the €340 million net profit in 2018.

SEC Office Of Compliance Inspections And Examinations Publishes Risk Alerts Providing Advance Information Regarding Inspections For Compliance With Regulation Best Interest And Form CRS

Date 07/04/2020

The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) has issued two risk alerts: Examinations that Focus on Compliance with Regulation Best Interest and Examinations that Focus on Compliance with Form CRS. These risk alerts provide broker-dealers and investment advisers with advance information about the expected scope and content of the initial examinations for compliance with Regulation Best Interest and Form CRS.  Regulation Best Interest and Form CRS are key components of a broader package of rules and interpretations, adopted contemporaneously on June 5, 2019, to enhance the quality and transparency of retail investors’ relationships with broker-dealers and investment advisers.  The compliance date for Regulation Best Interest and Form CRS is June 30, 2020.

MiFID II: ESMA Issues Latest Double Volume Cap Data

Date 07/04/2020

Interactive Brokers Leads The Way In Sanctions Protection With SIX

Date 07/04/2020

The Interactive Brokers Group has become one of the first brokerage companies to commit to in-depth monitoring of securities globally, following its deployment of the SIX Sanctioned Securities Monitoring Service (SSMS).