Wall Street to Crumble on Trump Tweet & Q2 Woes
Later in the day, US President Donald Trump’s tweet hinted at the possibility of delaying November’s presidential election.
July 2020
Bank of Canada publishes its 2021 schedule for policy interest rate announcements and other major publications, makes change to effective date of rate decisions
The Bank of Canada today published its 2021 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.
Federal Reserve Board announces the extensions of its temporary U.S. dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities (FIMA repo facility) through March 31, 2021
The Federal Reserve on Wednesday announced the extensions of its temporary U.S.
ASIC Releases Final Updated Guidance on Complaints Handling
ASIC has today released updated requirements for how financial firms deal with consumer and small business complaints – under their IDR procedures.
SEC Charges Former Georgia State Legislator With Defrauding Investors in Ponzi Scheme
SEC charged former Georgia state legislator and former member of the Georgia Board of Regents Clarence Dean Alford with defrauding at least 100 investors.
Former Chair of G8 Education Limited Committed to Stand Trial
Jennifer Hutson, of Red Hill, Queensland, has been committed to stand trial on 29 charges after a committal hearing before the Brisbane Magistrates’ Court.
SEC Charges CEO and Company With Defrauding First Responders and Others Out of Millions
SEC today announced charges against a San Antonio-area businessman and his company for running a multimillion-dollar fraudulent scheme.
MAS Announces Extension of the US$60 Billion Swap Facility with the US Federal Reserve and the MAS USD Facility
MAS will continue to provide US Dollar via the MAS USD Facility following the extension of MAS’ US$60 billion swap arrangement with the US Federal Reserve.
Political experts weigh in on FTT, CFTC reauthorization and November election
According to Charlie Cook, editor and publisher of the Cook Political Report, Donald Trump would lose in a landslide if the election was held today.
Federal Reserve issues FOMC statement
The Federal Reserve is committed to support the U.S. economy by promoting its maximum employment and price stability goals through FOMC.
Wall Street to Crumble on Trump Tweet & Q2 Woes
Later in the day, US President Donald Trump’s tweet hinted at the possibility of delaying November’s presidential election.
Enforcement Action Notice: The Governor and Company of the Bank of Ireland fined €1,660,000 and reprimanded by the Central Bank of Ireland for regulatory breaches
Bank of Ireland Private Banking Limited (BOIPB). BOI has admitted the breaches, which vary in length from one to ten years.
ASIC Consults on Remaking Class Order on Notification Requirements for Unlicensed Carried over Instrument Lenders and Clarification of Credit Disclosure Obligations
ASIC today released a consultation paper (CP 331) proposing to remake two class orders that are due to expire (‘sunset’) on 1 October 2020 and 1 April 2021.
BCSC Alleges Burnaby Resident Engaged in Unregistered Trading and Advising
The Executive Director of the British Columbia Securities Commission (BCSC) alleges a Burnaby resident committed unregistered trading and advising.
MAS Calls on Local Banks to Moderate FY2020 Dividends
MAS has called on locally-incorporated banks headquartered in Singapore (Local Banks) to cap their total dividends per share for FY2020.
ASIC Bans Hobart Adviser for Five Years
ASIC banned Hobart-based financial adviser David Horton from providing financial services for five years for failing to comply with financial services laws.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.