June 2018
Monetary Policy at a Time of Uncertainty and Tight Labor Markets
The labor market is particularly robust, with unemployment at its lowest level since April 2000.
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
embers commenced their discussion of the domestic economy by noting that the March quarter national accounts would be released the day after the meeting.
Banco de México: The target for the overnight interbank funding rate is increased by 25 basis points
Monetary Policy Statement Banco de México’s Governing Board decided to raise the target for the overnight interbank interest rate to 7.75%.
SEC Shuts Down $102 Million Ponzi Scheme
The Securities and Exchange Commission (SEC) Shuts Down $102 million Ponzi scheme that bilked investors throughout the U.S.
FCA Reveals Urban-Rural Differences in How Consumers Experience Financial Services
The Financial Conduct Authority (FCA) Reveals Urban-Rural Differences in How Consumers Experience Financial Services from its Financial Lives survey.
Merrill Lynch Admits to Misleading Customers about Trading Venues
The Securities and Exchange Commission today charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders.
Investors, Innovation, and Performance Top SEC’s Draft Strategic Plan
ThSEC today published a draft strategic plan that focuses on investors, innovation, and performance as the top strategic goals in coming years.
ASIC releases guidance for its oversight of the Australian Financial Complaints Authority (AFCA)
Australian Securities & Investments Commission releases guidance for its oversight of the Australian Financial Complaints Authority (AFCA)
Observations on Culture at Financial Institutions and the SEC
Culture is a Collection of Countless Internal and External Actions.
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
The Monetary Policy Meeting of the Reserve Bank Board. The Board decided to leave the cash rate unchanged at 1.5 per cent.
FCA: Has the industry improved ten years on?
Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Banking Litigation & Regulation Forum 2018.
Federal Reserve Board approves rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability
Federal Reserve Board approves rule to prevent concentrations of risk between large banking organizations and their counterparties.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.