News Centre

Dubai And Australia Seal Agreement On FinTech Cooperation

Date 23/11/2017

The Dubai Financial Services Authority ('DFSA') and ASIC today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction.

New Zealand's Financial Markets Authority Publishes 2017 Audit Quality Report/Directors’ Guide

Date 23/11/2017

The FMA’s 2017 Audit Quality Report shows that since the FMA began these reviews in 2013, all audit firms now have systems and policies in place to deliver high-quality audits. However, inconsistencies remain in the quality of some individual audits.

ASIC Welcomes Consultation On Changes To Fees-For-Service

Date 23/11/2017

ASIC welcomes the release by Treasury of a consultation paper proposing changes to fees-for-service.

CFTC Swaps Report Update

Date 22/11/2017

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

Ontario Securities Commission Requests Applications For Fintech Advisory Committee

Date 22/11/2017

The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC). 

Appointment Of Autorité Des Marchés Financiers Director, Fintech And Innovation

Date 22/11/2017

The Autorité des marchés financiers (the "AMF") is pleased to announce the appointment of Moad Fahmi to the new position of Director, Fintech and Innovation.

Minutes Of The Federal Open Market Committee, October 31-November 1, 2017

Date 22/11/2017

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 31-November 1, 2017.

From Maps To Apps: The Power Of Machine Learning And Artificial Intelligence For Regulators - Speech By Stefan Hunt, Head Of Behavioural Economics And Data Science At The FCA, Delivered As Part Of The Beesley Lecture Series On Regulatory Economics At The Institute Of Directors

Date 22/11/2017

Highlights

• We increasingly live in a digital world and commercial companies are not the only beneficiaries. The public sector can also use data to tackle pressing issues.
• Machine learning is starting to make an impact on the tools regulators use, for spotting the bad guys, for estimating demand, and for tackling many other problems.
• The speech uses an array of examples to argue that much regulation is ultimately about recognising patterns in data. Machine learning helps us find those patterns.

CFTC Releases Annual Enforcement Results For Fiscal Year 2017 - Agency Brought 49 Enforcement Actions And Obtained Orders Imposing $413 Million In Monetary Sanctions - CFTC Enforcement Activity Includes Significant Anti-Manipulation And Spoofing Enforcement Actions, Integration Of Market Surveillance Unit, Additional Protection For Whistleblowers, And Enhanced Enforcement Tools

Date 22/11/2017

The Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2017. In the fiscal year that ended September 30, 2017, the CFTC brought 49 enforcement-related actions, which included significant actions to root out manipulation and spoofing and to protect retail investors from fraud. The CFTC also pursued significant and complex litigation, including cases charging manipulation, spoofing, and unlawful use of customer funds. The CFTC obtained orders totaling $412,726,307 in restitution, disgorgement and penalties.

The OFR Releases Study On Improving Workplace Culture

Date 22/11/2017

The Office of Financial Research today published an independently commissioned study focused on improving its workplace culture. The study includes both a quantitative analysis focused on data-driven insights into employee outcomes and a qualitative analysis focused on employee feedback about workplace culture.