All posts tagged "FCA"
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1.3KESG / SustainabilityESG Explainer: UK Sustainability Disclosure Requirements
New framework aims to broaden sustainability reporting and embrace double materiality but faces long path to law.
January 18, 2022 -
2.4KEnforcementSingapore Police, MAS Launch Probe into Unlicensed Trading Platform
Three arrests have been made amid suspicions that “irregular trading activities have been carried out on the platform”.
January 6, 2022 -
875EnforcementUS Authorities Criminally Convict NatWest on Spoofing Charges
NatWest traders engaged in schemes to defraud in connection with spoof orders designed to profit from manipulation of the US Treasury securities and futures markets, the DOJ said.
December 24, 2021 -
367ESG / SustainabilityFCA’s TCFD Rules for Asset Managers to Allow for Data Gaps
Product-level disclosures to users can be limited for transitional period where proxies deemed insufficient.
December 20, 2021 -
703AML / KYCFCA Fines HSBC Over ‘Prolonged’ AML Deficiencies
Three key parts of HSBC’s automated transaction monitoring systems showed "serious weaknesses" between March 2010 to March 2018.
December 20, 2021 -
546AML / KYC
UK Court Convicts, Fines NatWest for AML Failings
NatWest's accepted cash deposits worth around GBP 264 million. The case represents the first time the FCA has pursued criminal charges for money laundering failings.
December 15, 2021 -
487JapanRefinitiv Set to Launch Tokyo Swap Rate Fallback
The Tokyo Swap Rate Fallback is based on a static spread adjustment and the Tokyo Swap Rate (for swaps referencing TONA), which was launched in October.
December 13, 2021 -
Press Release
ISDA Awarded Best LIBOR Transition Solution for Fallbacks Work
The ISDA IBOR Fallbacks Protocol enables market participants to incorporate robust fallbacks into legacy trades referencing LIBOR, significantly mitigating systemic risk.
December 10, 2021 -
505FeatureJapan Unveils Decisions on Treatment of Legacy LIBOR Contracts
Synthetic JPY LIBOR may be used if the contracting parties agree to do so, as well as in "exceptional cases" where it is difficult to proceed with negotiations.
November 24, 2021 -
318Asia-PacificBOT Sets Milestones for Reducing THBFIX Exposure in Derivatives
By mid-2022, the total notional outstanding of THBFIX derivatives maturing after 2025 should be reduced by 50 percent compared to end-June 2021 figures.
November 18, 2021
