United States

The framework sets out ten principles to inform the policymaking process and catalyse the transition to a more sustainable and inclusive low-carbon economy.

The federal judge ruled that a group of asset managers are not required to return $501mn that Citigroup mistakenly paid early on behalf of Revlon last August.

FINRA fined HSBC Securities $650,000 for failing to screen 2,191 non-registered associated persons for statutory disqualification.

Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.

The former trader manipulated the price of 10-year swap spreads to reflect lower pricing of bonds and a related swap, at the expense of the issuer.

The lawsuit says banning US investors from being able to invest in Xiaomi will “cause immediate and irreparable harm” to the company and hurt its global reputation.

Regulators from the US to the UK and Malaysia have issued statements expressing concerns over the heightened volatility seen in the US market over the past week.

The response notes that the DOJ, FinCEN and regulators in the UK, Singapore and Japan have all concluded that XRP is a virtual currency not subject to securities regulation.

FINRA said Goldman failed to maintain a reasonable system to identify and properly screen individuals who became associated with the firm in a non-registered capacity.

A general licence delays the application of restrictions on companies with names that closely match those of the blacklisted companies.