Hong Kong Slaps $270K Fine on Credit Suisse The bank was held accountable for breaches in preventing electronic trading anomalies.
ESMA Releases 2021 Work Program with Transaction Reporting ESMA’s main objective will continue to be the enhancement of the quality of data reported to trade repositories under ...
SEC Announces Two Whistleblower Awards Worth $4.3 Million The commission has awarded around $719 million to 112 individuals since 2012.
65% of Financial Firms Changed Regulatory Reporting: Survey Though companies are prepared for Brexit, other major market events have affected the companies.
Court Approves AUSTRAC’s AU$1.3 Billion Fine on Westpac This is the largest civil penalty faced by anyone in Australia.
CFTC Unveils 2020 Enforcement Report, Record Fines against Spoofing During CFTC’s 2020 fiscal year, which ended September 30, the agency’s staff handled a record 113 enforcement actions.
MAP Fintech Taps UnaVista for EMIR Reporting This came as a replacement for the services of CME and Abide.
SEC Awards $5M to Another 4 Tipsters, Hands Out $175M in 2020 Fiscal The commission has granted compensation to a total of 102 whistleblowers yet.
Morgan Stanley Fined $5 Million for Swap Data Reporting Failures Given the extent of the failures, the CFTC requested the appointment of an outside consultant to ensure compliance.
ASIC Bans Former BGC Securities Broker from Providing Financial Services Former broker David Moore has been banned from providing financial services for 10 years.
SEC Grants 100th Whistleblower Award, Tipster Receives $1.8 Million The company outsider reported significant information about ongoing securities law violations.
Former Deutsche Bank Employees Found Guilty of Commodity Spoofing James Vorley and Cedric Chanu were convicted of 3 counts and 7 counts, respectively, of wire fraud.
Westpac & AUSTRAC Agree on $1.3B Proposed Penalty for AML Breaches If approved by the Federal Court of Australia, it will be the largest civil penalty in Australian history.
Societe Generale to Commence Sale of Lyxor in Q4 2020, Sources Say In order to boost its financial performance, the French bank is looking to sell Lyxor.
SEC Updates Regulations for OTC Market Issues Brokers now have to do issuers' due diligence before accepting any quotes.
Australia’s AUSTRAC Issues $1.24 Million Fine to State Street The Australian agency issued the fine to the bank for failing to report international funds transfers.
US Regulator SEC Awards Whistleblower $10 Million The information from the tipster resulted in a successful enforcement action for the SEC.
Pegasus Markets Found Guilty of Charges Brought by New Zealand’s FMA The company and its NZ-based director, Michael Reps, have been found guilty of all criminal charges.
SGX-ST Grants Ayondo Another Extension for Proposal to Resume Trading The deadline has been extended to the 30th of October 2020.
CFTC Issues a New Whistleblower Award for Exposing Fraudulent Activity In keeping with its policy of carefully protecting tipsters’ identities, the watchdog provided scant details on the case.