ASIC Research Highlights Need for Improved Consumer Complaints Experience
ASIC has released research exploring the consumer complaints experience of internal dispute resolution procedures across the financial services sector.
December 2018
European Stocks and Sterling Rebounds from Recent Lows
The Shanghai Composite rose 0.4%, but the Nikkei225 in Tokyo was again under performing other markets in the area, with the Japanese stock index down 0.34%.
FINRA Also Dropped Ball in Madoff Investigation
FINRA, the Financial Industry Regulatory Authority, also dropped the ball in investigating Bernie Madoff.
Global Markets Start a Tough Week
In Tokyo the Nikkei225 ended lower by 2.12% at 21,218.50, Hang Seng index was down 1.4% and the Shanghai Composite index lower by 0.8%.
Dollar, Yields Slip, Stocks Slump as Payrolls, Wages Disappoint
Sterling Sinks Ahead of Brexit Vote, Aussie Ends Lower,Dollar, Yields Slip, Stocks Slump as Payrolls, Wages Disappoint.A busy and a volatile week ahead.
ICE Data Services Selected as the New Benchmark Provider for Blackrock Ishares U.S. Preferred Stock WTF
Intercontinental Exchange, ICE Data Services Selected as the New Benchmark Provider for Blackrock Ishares U.S.
Shira Pavis Minton, Ethics Counsel, to Retire from the SEC After 20 Years of Federal Service
SEC today announced that Shira Pavis Minton, Ethics Counsel and Designated Agency Ethics Official, will be retiring from the agency this month.
ICE Benchmark Administration Launches Survey on the Use of LIBOR
ICE today announced the launch of a survey by ICE Benchmark Administration (IBA) on the use of LIBOR currencies and tenors.
ASIC Cancels Retail OTC Derivative Issuer Berndale Capital Securities Licence and Bans Former Director
ASIC has cancelled Melbourne based retail OTC derivative issuer, Berndale Capital Securities Pty Ltd’s Australian Financial Services (AFS) licence.
BCSC Releases Annual Report on Compliance
BCSC Releases Annual Report on Compliance, finding more deficiencies among portfolio managers, investment fund managers and exempt market dealer.
ASIC Cancels Solar Financial Advisory’s AFS licence
ASIC has cancelled the Australian financial services licence of Sydney-based Solar Financial Advisory Pty Ltd (Solar), effective from 21 November 2018.
BCSC Executive Director Alleges Scheme by Self-Described Consultants
BCSC Executive Director Alleges Scheme by Self-Described Consultants, alleging that they participated in a scheme that is abusive to the capital markets.
FCA publishes Decision Notice against former CEO of Sonali Bank (UK) Ltd for AML failings
The Financial Conduct Authority (FCA) has today published a Decision Notice in respect of former CEO of Sonali Bank (UK) Ltd for AML failings.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.