News Centre

CFTC Swaps Report Update

Date 20/06/2018

CFTC's Weekly Swaps Report has been updated, and is now available.

New York State Department of Financial Services Fines Deutsche Bank Ag $205 Million For Unlawful, Unsafe And Unsound Conduct In Its Foreign Exchange Trading Business - DFS Investigation Found Deutsche Bank Traders And Salespeople Sought To Improperly Coordinate Trading To Manipulate Rates And Charge Excessive Spreads - Deutsche Bank Employees Also Improperly Shared Confidential Customer Information, And Misled Customers To Benefit The Bank - Certain Limited Elements Of The Bank’s Electronic Foreign Exchange Trading Platforms Had The Potential To Disadvantage Customers And Improperly Affect Markets - Bank Will Submit To DFS Written Plans And Programs To Improve Senior Management Oversight, And Internal Controls, Compliance Risk Management And Internal Audit Functions

Date 20/06/2018

Financial Services Superintendent Maria T. Vullo today announced that Deutsche Bank AG has agreed to pay a fine of $205 million as part of a consent order with the New York State Department of Financial Services (DFS) for violations of New York banking law, including efforts to improperly coordinate trading activity through online chat rooms, improperly sharing confidential customer information, trading aggressively to skew prices, and misleading customers. The violations announced today stem from an investigation by DFS determining that from 2007 to 2013, when Deutsche Bank was the largest foreign exchange dealer in the world, the Bank repeatedly engaged in improper, unsafe, and unsound conduct in its foreign exchange business due to its failures to implement effective controls. In addition, for certain time periods, limited elements of Deutsche Bank’s electronic trading platforms had the potential to improperly disadvantage customers and improperly affect markets, when certain applications did not perform as intended.

SIFMA Fixed-Income Market Close Recommendations In The U.S., The U.K. And Japan For The U.S. Independence Day Holiday

Date 20/06/2018

SIFMA has confirmed its previous holiday recommendations for the trading of U.S. dollar-denominated fixed-income securities in the U.S., the U.K., and Japan in observance of the U.S. Independence Day Holiday.

UK Risks Missed Opportunity From Lack Of Crypto Regulation, MPs Told

Date 20/06/2018

• CryptoUK says government must regulate now or risk missing out on the biggest technology since the internet.
• Exchanges could be brought into remit of financial services rules.
• Consumers and innovators both set to benefit from regulation.

Finansinspektionen Supervision 5: Market Abuse 2017–2018

Date 20/06/2018

Over the past year, FI has primarily intervened against small-volume trading and ”wash trades” that were carried out deliberately or negligently by private individuals. The financial undertakings’ reporting plays a key role in FI’s possibilities for intervening against market abuse. FI’s cooperation with EBM has contributed to the development of this work. These are the three conclusions in FI’s report, Market Abuse 2017–2018. 

EEX New Participant: Morgan Stanley & Co. International plc

Date 20/06/2018

Morgan Stanley & Co. International plc has been additionally admitted to exchange trading for Spot Contracts on Emission Rights (Secondary Auctions).

EBA Updates Recommendation On The Equivalence Of Third Country Confidentiality Regimes

Date 20/06/2018

The European Banking Authority (EBA) updated today its Recommendation on the equivalence of confidentiality and professional secrecy regimes by adding three non-EU (third country) supervisory authorities to the current list of third country supervisory authorities whose confidentiality regimes can be regarded as equivalent. The EBA Recommendation is designed as a guide for EU authorities in their assessment of third country equivalence with the aim of facilitating cooperation with third country supervisory authorities and their participation in supervisory colleges overseeing international banks.

Update: Semi-Annual Review Of The First North 25 Index - The New Portfolio Of The First North 25 Index Will Become Effective On July 2, 2018

Date 20/06/2018

Nasdaq (Nasdaq:NDAQ) announces today the updated results of the semi-annual review of the First North 25 Index (Nasdaq Stockholm: FN25) which will become effective with the market open on Monday, July 2, 2018.

Updated: National Whistleblower Center Requests Bank Of England Withdraw ‘Deleterious’ Whistleblower Report - Concern Expressed Over Report’s Impact On Pending EU Whistleblower Directive

Date 20/06/2018

The National Whistleblower Center (NWC) and the European Center for Whistleblowers Rights has made a formal request to the Governor of the Bank of England (BoE), Mark Carney, that the BoE remove a misleading report on U.S. whistleblower reward laws from its website within 10 working days.

BME: Unica Real-Estate SOCIMI Receives Favourable Report From MAB

Date 20/06/2018

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on UNICA REAL-ESTATE SOCIMI, following a thorough review of all the information presented by the company.