News Centre

FSB Americas Group Discusses Risks Associated With The Sovereign-Bank Nexus And Crypto-Asset Arrangements

Date 18/06/2024

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas met on 17 and 18 June in the British Virgin Islands.

Hey, Look, There’s A Hoof Cleaner! Statement On R.R. Donnelley & Sons, Co., SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, June 18, 2024

Date 18/06/2024

As we have noted before, the Commission in recent years has taken to treating Exchange Act Section 13(b)(2)(B)’s internal accounting controls provision as a Swiss Army Statute to compel issuers to adopt policies and procedures the Commission believes prudent. Identifying a link between the Commission’s preferred policies and procedures and accounting controls seems a collateral concern, if it is a concern at all. In today’s settled administrative proceeding against R.R. Donnelly & Sons, Co. (“RRD”), the Commission finds and uses a novel attachment on its multi-use tool—“a system of cybersecurity-related internal accounting controls.”

Treasury International Capital Data For April

Date 18/06/2024

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for April 2024.  The next release, which will report on data for May 2024, is scheduled for July 18, 2024.

SIFMA: Incentive Compensation Document Invalid, Even More Prescriptive Than Prior Version

Date 18/06/2024

A recent issuance from the OCC, FDIC, NCUA and FHFA attempting to resuscitate a long-stalled proposal on incentive compensation practices under section 956 of the Dodd-Frank Act does not include the full set of financial regulatory agencies required to propose such a rule and therefore has no legal effect, the American Bankers Association, Bank Policy Institute, Financial Services Forum and SIFMA wrote in a joint letter.

Deutsche Börse: Unscheduled Component Changes In MDAX And TecDAX

Date 18/06/2024

STOXX Ltd. has announced unscheduled component changes in the MDAX and TecDAX indices. 

SEC Charges R.R. Donnelley & Sons Co. With Cybersecurity-Related Controls Violations

Date 18/06/2024

The Securities and Exchange Commission today announced that R.R. Donnelley & Sons Company (RRD), a global provider of business communication and marketing services, agreed to pay over $2.1 million to settle disclosure and internal control failure charges relating to cybersecurity incidents and alerts in late 2021.

IIPA Announces Appointment Of Pete Mehravari As The Director Of Policy And Legal Affairs

Date 18/06/2024

The International Intellectual Property Alliance® (IIPA®) today announced the appointment of Pete Mehravari as the Director of Policy and Legal Affairs.

Some Reasons For Optimism About Inflation, Federal Reserve Governor Adriana D. Kugler, At The Peterson Institute For International Economics, Washington, D.C.

Date 18/06/2024

Thank you for your introduction, Adam, and thank you for the invitation to speak here today. It is great to come to Peterson to discuss the economic outlook and monetary policy, which is my topic this afternoon.

EACH Publishes High-Level Response To The FSB Consultation Paper On Liquidity Preparedness For Margin And Collateral Calls

Date 18/06/2024

EACH has today responded to the FSB consultation report on Liquidity Preparedness for Margin and Collateral Calls. EACH supports the FSB’s work to enhance the liquidity preparedness of non-bank market participants for margin and collateral calls, as EACH believes it is important to ensure that all non-bank market participants taking part in clearing are as well-equipped as possible to manage liquidity demands during market stress.

NZI HELMETS To Start Trading In BME Growth On Thursday, June 20

Date 18/06/2024

• This is the second company to enter this market so far this year and the eighth that comes from the Pre-Market Environment
• Its initial valuation amounts to 15 million euros