Category: Financial Services

January 30, 2018 BY Valentina Kirilova

DFM welcomes the listing of Bahrain’s Ithmaar Holding

Dubai Financial Market (DFM) announced the listing of Bahrain’s Ithmaar Holding B.S.C. (Ithmaar), an investment institution in the Kingdom of Bahrain, as trading commenced on the bank’s shares under the trading symbol (ITHMR), which appears on DFM screens, trading system and publications within the Banking Sector. This listing further strengthens the prominent position of DFM…

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ICO fraud
January 29, 2018 BY LeapRate Staff

Spoofing and Commodities Fraud charges lead to $46 million in fines for Deutsche Bank, HSBC and UBS

The U.S. Commodity Futures Trading Commission today announced, in conjunction with the Department of Justice and Federal Bureau of Investigation’s Criminal Investigative Division, criminal and civil enforcement actions against three banks and six individuals involved in commodities fraud and spoofing schemes. What is spoofing? Spoofing is the practice of bidding or offering with the intent to…

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SFC fines
January 26, 2018 BY Valentina Kirilova

FCA fines One Call Insurance Services Ltd £977,147

The Financial Conduct Authority (FCA) has today published Decision Notices in respect of One Call Insurance Services Limited (One Call) and its Chief Executive and majority shareholder John Lawrence Radford. A connected company to One Call, One Insurance Limited (OIL), has made a reference to the Upper Tribunal (the Tribunal) as a third party in…

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eurex
January 26, 2018 BY Valentina Kirilova

Eurex simplifies its corporate structure

Over the last two years, the regulatory framework and market structure changed significantly. Eurex, the derivatives marketplace, informed that it adapts its global structure to the new reality. To best serve its clients, reduce complexity and improve agility, the exchange will change its set-up in Switzerland and strengthen its offering in Asia. Eurex has decided…

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January 26, 2018 BY Valentina Kirilova

SEC invites regulated entities to submit self-assessments of diversity policies and practices

The Securities and Exchange Commission (SEC) Office of Minority and Women Inclusion (OMWI) today introduced its Diversity Assessment Report for Entities Regulated by the SEC. OMWI created the Diversity Assessment Report to complement the Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies (Joint Standards)…

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moex moscow exchange
January 26, 2018 BY Valentina Kirilova

Moscow Exchange will adhere to the FX Global Code

Moscow Exchange (MOEX) announced its intention to adhere to the principles of the FX Global Code. The Code was developed through a partnership between central banks and market participants from 16 jurisdictions around the globe. The Code represents a set of principles generally recognised as good practice in the wholesale foreign exchange market. It covers…

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