Former precious metals trader faces up to 30 years in prison for placing deceptive orders intended in COMEX gold and silver futures.
December 14, 2022The guidelines and associated reporting requirements will take effect on 1 April 2024, incorporating the UTI and CDE.
December 12, 2022The changes introduce new and updated data fields to drive the submission of more standardised trade data, largely based on the CDE developed by CPMI and IOSCO.
December 7, 2022Due to different UT adoption timelines across jurisdictions, reporting entities are allowed to report the UTI in any of the data fields of “UTI-USI”, “UTI-TID” or “Global UTI”.
December 6, 2022Kraken was facing a maximum fine of over $272mn. The $362,000 settlement reflects OFAC's determination the violations were "non-egregious and voluntarily self-disclosed".
November 30, 2022The DRR is now available to market participants in full production mode to support compliance with the CFTC's amended swap data reporting rules.
November 23, 2022Restructuring specialist John J Ray says FTX's failure is the worst he has ever seen, citing control failures and the "complete absence" of trustworthy financial information.
November 18, 2022FTX files for Chapter 11 bankruptcy protection in Delaware as regulators in multiple jurisdictions investigate allegations of illegal activity.
November 14, 2022The recognition lowers capital requirements and makes managing counterparty risk easier for EU financial institutions participating in Taiwan's market.
November 11, 2022The US DOJ, SEC and CFTC are investigating FTX over its crypto lending products, handling of customer funds, and relationship with its US entity.
November 10, 2022