News Centre

Shanghai Stock Exchange: Q&A On 2018 Annual Reports On Asset-backed Securities

Date 23/07/2019

Recently, an official of the Shanghai Stock Exchange (SSE) answered the questions from the reporters on the examination of the 2018 annual reports on asset-backed securities and the related regulatory work.

New Zealand Financial Markets Authority Sets Out Key Focus Areas For The Year Ahead

Date 23/07/2019

The FMA today published its Annual Corporate Plan (ACP), which outlines its work plan for the next financial year and sets objectives for raising standards of behaviour across financial services.

Shanghai Stock Exchange STAR Market 50 Component Index To Be Released

Date 23/07/2019

The Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. (CSI) announce that they will officially release the SSE STAR Market 50 Component Index on the 11th trading day when the number of stocks and depositary receipts listed on the SSE STAR Market reaches 30. The launch of the index will reflect the overall price performance of the listed companies on the SSE STAR Market in a timely manner, further demonstrate the structure as well as the development and changes of the market, and enrich the SSE index system.

Alberta Securities Commission Signs Enhanced Memorandum Of Understanding To Strengthen Cross-Border Enforcement Cooperation

Date 22/07/2019

The Alberta Securities Commission (ASC) has recently joined other signatories to the International Organization of Securities Commissions (IOSCO) Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU).

CFTC Staff, In Conjunction With The Financial Crimes Enforcement Network, Clarifies The Customer Identification Program And Beneficial Ownership Obligations Of Certain Introducing Brokers

Date 22/07/2019

The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO), in conjunction with the Financial Crimes Enforcement Network (FinCEN), today issued interpretive guidance to introducing brokers in commodities (IBs) that do not “introduce” customers to a futures commission merchant (FCM) that carries their customers’ accounts.  The guidance clarifies the customer identification program (CIP) and beneficial ownership (BO) requirements applicable to such IBs under the Bank Secrecy Act.

New York Governor Cuomo And New York Attorney General Letitia James Announce $19.2 Million Settlement With Equifax Over 2017 Data Breach

Date 22/07/2019

• Department of Financial Services and New York Attorney General's Office Fine Equifax and Two Subsidiaries
• DFS Investigation Found Credit Rating Agency Had Inadequate Information Security Practices, Failed to Ensure Safety of Consumer Data and Provided Insufficient Customer Service Following the Breach
• Equifax to Pay up to $425 Million in Restitution, Provide New York Consumers Credit Monitoring Services, Free Annual Credit Reports for Five Years

The Central Bank Of The Bahamas Becomes A BISX Broker Dealer

Date 22/07/2019

The Bahamas International Securities Exchange (BISX) is pleased to announce that  The Central Bank of The Bahamas (the “Central Bank”) has become a BISX Broker-Dealer Member. The Central Bank will become the seventh BISX Broker-Dealer Member.

Federal Bank Regulatory Agencies And FinCEN Improve Transparency Of Risk-Focused BSA/AML Supervision

Date 22/07/2019

As a result of a working group established by the U.S. Department of the Treasury's Office of Terrorism and Financial Intelligence, the federal bank regulatory agencies and the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) today issued a joint statement as part of continuing efforts to improve transparency into their risk-focused approach to Bank Secrecy Act (BSA)/anti-money laundering (AML) supervision. The risk-focused approach enables federal agencies to better tailor examination plans and procedures based on the unique risk profile of each bank.

CFTC Extends Public Comment Period For Proposal To Improve Data Quality And Streamline Regulations For Swap Data Repositories

Date 22/07/2019

The U.S. Commodity Futures Trading Commission announced today that it is extending until October 28, 2019 the comment period for the proposed rulemaking to amend certain CFTC regulations related to swap data reporting.

EBA Updates On Monitoring Of CET1 Capital Instruments

Date 22/07/2019

The European Banking Authority (EBA) published today an updated list of Common Equity Tier 1 (CET1) instruments of EU institutions. This list is accompanied by an updated CET1 Report, which includes information on the underlying objectives of the monitoring as well as on the consequences of including or excluding instruments in or from the CET1 list.  The EBA's monitoring of capital instruments contributes to the enhancement of the quality of institutions' capital across the EU. The EBA will continue to update the Report on a regular basis to give account of new developments in CET1 issuances and practices.