Preview Mode

FM Home
> Rulings
How the Metaverse is Shaping the Future of Education
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
What is Clearscore and How Does it Work?
Education Center
Exness Joins Forex Expo Dubai 2023 as a Titanium Sponsor Thought Leadership

rulings

Search for a tag
Regulation

Federal Court Rules in ASIC’s Favour Against One Tech Media Ltd

  • The regulator accused One Tech Media Ltd of providing binary options trading without authorization.
by Celeste Skinner
Regulation

Former Barclay’s Trader Wins Long-Shot Unfair Dismissal Case

  • David Fotheringhame won a rare judgement which will see him return to the bank and earn $192,000 a year.
by Celeste Skinner
Regulation

FCA Outlines Proposed Expenses Levy For Financial Compensation Scheme

  • Britain's Financial Conduct Authority has today released a consultation paper proposing that the Management Expenses Levy Limit under its customer compensation scheme should be set at £80 Million
by Andrew Saks McLeod
Technology

SDP FX Platform Development Simplified - Caplin Systems Launches Core FX Motif

  • London-based institutional FX technology provider Caplin Systems has today announced the release of Core FX Motif, a set of tools designed to establish ready-made starting points for building single-dealer platforms.
by Andrew Saks McLeod
Executive Moves

Regulatory Veteran Vincent A. McGonagle Appointed Director of CFTC Division of Market Oversight

  • Continuing his 16 year career at the US Commodity Futures Trading Commission, it was yesterday announced that Vicent A. McGonagle has been appointed Director of the CFTC's Division of Market Oversight.
by Andrew Saks McLeod
Technology

Trade Repository Registrations Take A Step Back In Europe As ESMA Delays Final Date

  • The European Securities and Markets Authority has today announced that it is pushing back the implementation timeline relating to the instigation of trade repositories in Europe.
by Andrew Saks McLeod
Technology

Global FX Volumes Climbing: BIS Releases Data For Exchange Traded Instruments

  • To further depict 2013's return to form within the global FX market, the BIS has released its quarterly report for Q2 of 2013, detailing concise figures for exchange-traded instruments. Currency volume up internationally.
by Andrew Saks McLeod
Regulation

Don't Mess With The U.S. - America Leads The Way in Strict Sentencing For FX Fraudsters

  • As worldwide authorities concentrate on firming up the regulatory structure of FX firms, some regimes are stricter than others. The US has demonstrated this by sentencing a Ponzi scheme to 20 years.
by Andrew Saks McLeod
Regulation

CFTC Goes In Depth on Risk Control Measures For Automated Trading

  • Financial markets regulators in the United States have published a concept release on risk controls and system safeguards for automated trading environments. The CFTC considers this necessary at a time of rapid technological change.
by Andrew Saks McLeod
Brokers

TriOptima Goes Live With Verification and Reconciliation of OTC Data To DTCC

  • TriOptima, ICAP's post-trade risk management infrastructure division has today gone live with its data connectivity integration with DTCC's global trade repository services in time for CFTC deadline of August 23.
by Andrew Saks McLeod
Regulation

BIS Announces Final Report By Basel Committee On Non-Centrally Cleared FX

  • The Bank of International Settlements has today released the final report on margin requirements for non-centrally cleared derivatives which was issued by the Basel Committee On Banking Supevision and IOSCO.
by Andrew Saks McLeod
Regulation

All Together Now.... 11 Regulators Submit OTC Derivatives Cross-Border Report To G20

  • In the worldwide quest to standardize the means by which OTC derivatives are regulated across all nations, eleven regulatory authorities submitted a report on regulatory matters to the G20 Committee on August 30.
by Andrew Saks McLeod
Regulation

Monetary Authority Of Singapore Issues Consultation On Basel III Liquidity Risk

  • The Singaporean regulatory authorities have issued a detailed consultation paper relating to the implementation of the proposed Basel III rulings on liquidity. An emphasis has been placed on ensuring less reliance on FX Swaps.
by Andrew Saks McLeod
Regulation

BIS Report on OTC Derivatives: Just How Much Does Market Reform Cost?

  • A group of 29 institutions and authorities published a report on the effects of regulatory steps on the centralized clearing market, and sent reassuring signals about the collaterals needed to fund them.
by Andrew Saks McLeod
Regulation

CFTC Fines Algorithmic Trader $2.8 Million For Spoofing In The First Market Abuse Case Brought By Dodd-Frank Act, And Imposes Ban

  • Today, the US Commodity Futures Trading Commission and Britain's FCA announced that they have brought a milestone case against an algorithmic trading entity for market abuse, representing the first Dodd-Frank Act application.
by Andrew Saks McLeod
Exchanges

Open-Source Risk Management Platform Provider OpenGamma Releases Upgrade In Light of Dodd-Frank Regulations

  • In keeping with the current upgrades of risk management solutions to meet the ever-evolving regulatory structures around the world, and in particular the Dodd-Frank Act, OpenGamma today releases v2.0.
by Andrew Saks McLeod
Execution

The Dodd-Frank Debate - Senior Industry Executives Debate Responsibilities On Trade Reporting During London Discussion Panel

  • Senior FX and technology executives gathered on Thursday to debate the forthcoming challenges associated with introducing compliant trade reporting solutions in the advent of the Dodd-Frank Act.
by Andrew Saks McLeod
Regulation

Israel's FX Industry Leaders Continue To Speak Out On ISA's Regulatory Proposals

  • Following yesterday's report that Israel's financial markets regulator the ISA is finalizing its new regulatory structure , senior industry executives provide their view to Forex Magnates on potential effect.
by Andrew Saks McLeod
Regulation

Exclusive: Israel's Finance Committee Receives Stringent New Proposals From National Regulator On OTC Markets

  • In an exclusive report by Forex Magnates, the State of Israel's Knesset Finance Committee has been presented with a set of detailed procedures for reforming regulations in Israel, relating to leverage, client funds and suitability of products to clients.
by Andrew Saks McLeod
Regulation

Journey into the Unknown – Chinese Regulators Revising Laws to Assist Overseas FX Firms

  • Chinese foreign exchange regulator SAFE has made steps toward reducing some of the entry barriers for foreign investment, leading to potentially lower entry barriers for overseas firms wishing to conduct business in the country. What risks lie ahead though?
by Andrew Saks McLeod
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}