News Centre

SEC Brings Charges Against Fraud Targeting Amish And Mennonite Investors

Date 31/01/2020

On Wednesday, Jan. 29, the Securities and Exchange Commission charged a Pennsylvania man with defrauding Amish and Mennonite community members by making false claims about the use of their funds and guaranteed returns.

EBA Releases Its Annual Assessment Of The Consistency Of Internal Model Outcomes

Date 31/01/2020

The European Banking Authority (EBA) published today two Reports on the consistency of risk weighted assets (RWAs) across all EU institutions authorised to use internal approaches for the calculation of capital requirements. The reports cover credit risk for high and low default portfolios (LDPs and HDPs), as well as market risk. The results confirm that the majority of risk-weights (RWs) variability can be explained by fundamentals. These benchmarking exercises are a fundamental supervisory and convergence tool to address unwarranted inconsistencies and restoring trust in internal models.

UK Serious Fraud Office Enters Into €991m Deferred Prosecution Agreement With Airbus As Part Of A €3.6bn Global Resolution

Date 31/01/2020

The Serious Fraud Office has entered into a record-breaking Deferred Prosecution Agreement (DPA) with the global aerospace company Airbus SE following its approval today by Dame Victoria Sharp, President of the Queen’s Bench Division. 

ESMA Issues Opinion On Accepted Market Practice On Liquidity Contracts By CONSOB

Date 31/01/2020

The European Securities and Markets Authority (ESMA) has issued an opinion  supporting a revised Accepted Market Practice on liquidity contracts notified by the Italian market regulator, the Commissione Nazionale per le Società e la Borsa (Consob).

Moscow Exchange: Risk Parameters For Henry Hub Natural Gas Futures (NG) On Derivatives Market

Date 31/01/2020

CCP NCC sets the following risk parameters on Derivatives market:

Chicago Business Barometer™ – Drops To 42.9 In January - Key Points – January Report

Date 31/01/2020

The Chicago Business Barometer^TM, produced with MNI, slipped to 42.9 in January, the lowest level since December 2015. After two straight months of gains, theindex fell further into contraction, with the three month average falling to 45.9.

SIFMA Statement On Federal Reserve Finalization Of Control Rules

Date 31/01/2020

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the finalization of a proposal modifying the rules for determining control of a banking organization by the Board of Governors of the Federal Reserve System (FRB):

“SIFMA applauds the focus on simplification and providing greater clarity regarding the controlling influence test. We urge the FRB to continue exploring additional changes to ensure U.S. financial markets and banking organizations remain competitive, continue to be positioned to drive innovation and growth and are fully able to meet their customers’ capital markets and asset management needs.”

Illuminate Financial Invests $4 Million In Baton Systems - Largest Investment To-Date For The FinTech VC brings Baton’s Total Funding To $16 Million

Date 31/01/2020

Baton Systems (“Baton”), a provider of distributed ledger-based post-trade solutions for capital markets, has received a $4 million investment from Illuminate Financial Management. Baton’s total of $16 million in funding, which also includes investors Trinity Ventures, Alsop Louie and Commerce Ventures, will be used to accelerate its global roll-out, particularly in EMEA, where Baton recently opened a London office.

Malawi Stock Exchange Weekly Summary Report - 31 January 2020

Date 31/01/2020

Click here to download Malawi Stock Exchange's weekly summary report.

A New Dawn For Europe: Joint Op-Ed By European Commission President Von Der Leyen, European Council President Michel And European Parliament President Sassoli

Date 31/01/2020

As the night draws in this evening, the sun will set on more than 45 years of the United Kingdom's membership of the European Union. For us, as Presidents of the three main EU institutions, today will inevitably be a day of reflection and mixed emotions – as it will for so many people.