OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
DOJ Has Frontrunning on Its Radar
The US Department of Justice (DOJ) has several tools to prosecute derivatives fraud, and they aren’t only interested in spoofing. The Futures Industry Association (FIA) Law & Compliance Division recently put on its most recent…
Report States Digital Currencies Volatile in 2019
Digital assets saw great volatility in the US in the previous year, according to an analysis from the Financial Stability Oversight Council (FSOC) The FSOC released its 2019 annual report on the state of the…
Minority Depository Institutions
Thank you, Chairman Meeks, Ranking Member Luetkemeyer, and members of the subcommittee. I appreciate the opportunity to be here today to discuss the Federal Reserve's program to preserve and promote minority depository institutions (MDIs). The…
Agencies announce dollar thresholds in Regulations Z and…
The Consumer Financial Protection Bureau (Bureau) and Federal Reserve Board today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and…
Agencies announce threshold for smaller loan exemption from…
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2020 will…
CFTC’s Power To Prosecute Manipulators Examined
Dodd/Frank gave the Commodities Futures Trading Commission (CFTC) more power to pursue fraud and manipulation in commodities, but is that power limitless? That was the question in the latest Futures Industry Association (FIA) webinar entitled…
Randal K Quarles: Refining the Stress Capital Buffer
Thanks to the Program on International Financial Systems and the European Central Bank for the opportunity to speak to you today. I would like to take as my text today this reflection of the 20th-century…
Luis de Guindos: The evolution of stress-testing in…
During the financial crisis in Europe, stress tests were primarily used to identify capital shortfalls in the banking sector and to enhance market discipline. This was achieved through the publication of consistent and granular data…