News Centre

US Justice Department Withdraws From 1995 Bank Merger Guidelines

Date 17/09/2024

The Justice Department announced today its withdrawal from the 1995 Bank Merger Guidelines and emphasized that the 2023 Merger Guidelines remain its sole and authoritative statement across all industries.

Office Of The Comptroller Of The Currency Approves Final Rule And Policy Statement On Bank Mergers

Date 17/09/2024

The Office of the Comptroller of the Currency (OCC) today approved a final rule updating its regulations for business combinations involving national banks and federal savings associations and a policy statement clarifying its review of applications under the Bank Merger Act (BMA).

Audit Firm Prager Metis Settles SEC Charges For Negligence In FTX Audits And For Violating Auditor Independence Requirements

Date 17/09/2024

The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services firm, Prager Metis CPAs LLP, (collectively, the Prager Entities) agreed to pay $1.95 million to resolve two actions alleging misconduct in its audits of the now-defunct crypto asset trading platform, FTX, and auditor independence violations.

B.C. Securities Commission Bans Unregistered, Offshore Crypto Trading Platform From Operating In B.C.

Date 17/09/2024

The B.C. Securities Commission (BCSC) has banned the operator of an unregistered and unauthorized crypto trading platform from trading in or purchasing securities and derivatives on behalf of British Columbians.

PIMFA WealthTech Launches New Tech Sprint On Strengthening The Industry's Cyber Security Defences

Date 17/09/2024

ETFGI Reports Assets Invested In The Global ETFs Industry Reached A New Record High Of 13.99 Trillion US Dollars At The End Of August

Date 17/09/2024

ETFGI, a prominent independent research, events and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reported today assets invested in the global ETFs industry reached a new record high of US$13.99 trillion at the end of August. During August the global ETFs industry gathered US$130.06 billion in net inflows, bringing year to date net inflows to a record US$1.07 trillion, according to ETFGI's August 2024 global ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

Grant Thornton Report: Economic Impact Of AIM

Date 17/09/2024

Today, Grant Thornton published the report ‘Economic impact of AIM’, commissioned by the London Stock Exchange, which examines the important role that AIM continues to play in supporting business growth and in doing so delivering notable economic value to the UK. Read the full report at the following link: Report: The Economic impact of AIM companies | Grant Thornton.

SEC Charges 12 Municipal Advisors With Recordkeeping Violations

Date 17/09/2024

The Securities and Exchange Commission today announced charges against 12 municipal advisors for failures by the firms and their personnel to maintain and preserve certain electronic communications. The firms agreed to pay combined civil penalties of more than $1.3 million to settle the SEC’s charges.

Longtime Servicing Client PNC Expands Use Of ICE Data and Analytics To Further Benefit From End-To-End, Integrated Technology Ecosystem - Proprietary Mortgage And Real Estate Data Helps Manage Portfolio Risk And Uncover Opportunity In A Complex Market

Date 17/09/2024

Intercontinental Exchange , Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that PNC has expanded its use of ICE’s data and analytics solutions as part of their renewal of the MSP® loan servicing system . ICE’s proprietary mortgage data sets and advanced analytic models help companies adapt to changing market conditions and evaluate and mitigate portfolio risk.

Centrifuge Partners With Archax To List The Anemoy Janus Henderson Liquid Treasury Fund

Date 17/09/2024

Anemoy, the asset management arm of Centrifuge, is pleased to announce a strategic partnership with Archax, the UK’s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform.