The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching today a public consultation on proposed changes to the rules for position management controls and position reporting. The changes come in the context of the review of the Market in Financial Instruments Directive (MiFID II) and aim to minimise …
ESMA consults on commodity derivatives under MiFID review Read More »
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is inviting comments on draft technical standards related to Consolidated Tape Providers (CTPs), other data reporting service providers (DRSPs) and the assessment criteria for the CTP selection procedure under the Markets in Financial Instruments Regulation (MiFIR). In the consultation ESMA is …
MiFIR review: ESMA consults on Consolidated Tape Providers and their selection Read More »
Name: Beta-Tech / beta-tech.io Address: Hyllie Stationstorg 31, 215 32 Malmö, SWEDEN Mobile: 0774218824 Email: [email protected] Website: https://beta-tech.io/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so …
Failures in the firm’s systems and controls led to US$1.4bn of equities being sold in European markets when they should not have been. On 2 May 2022, a CGML trader had intended to sell a basket of equities to the value of US$58m. The trader made an inputting error while entering the basket in an …
FCA fines CGML £27,766,200 for failures in its trading systems and controls Read More »
Between June 2017 and October 2018, HSBC failed to properly consider people’s circumstances when they had missed payments. This meant it did not always do the right affordability assessments when entering arrangements with people to reduce or clear their arrears. Sometimes it took disproportionate action when people fell behind with payments, which risked people getting …
FCA fines HSBC £6.2 million over treatment of customers in financial difficulty Read More »
Check against delivery Good morning everyone – and thanks to Diane and AFIA for the invitation to speak at the 2024 Risk Summit. I would like to begin by acknowledging the Wurundjeri people of the Kulin nation as the traditional owners of the land on which we meet. I pay my respects to their elders, …
ASIC’s priorities in a changing regulatory environment Read More »
ASIC has restricted Energy World Corporation Limited (EWC) from issuing a reduced-content prospectus for listed entities for the next 12 months. ASIC was satisfied that EWC contravened its financial reporting obligations to comply with accounting standards. EWC has a number of liquefied natural gas projects under construction as well as overseas oil and gas exploration …
ASIC restricts Energy World Corporation Ltd from issuing a reduced-content prospectus Read More »
ASIC has made two interim stop orders preventing Trademax Australia Limited from opening trading accounts or dealing in contracts for difference (CFDs) or margin foreign exchange contracts (margin FX) to retail investors. ASIC acted following concerns that Trademax failed to take reasonable steps likely to result in its retail product distribution conduct being consistent with …
ASIC issues DDO stop orders against Trademax Australia Read More »
We foster financial stability and confidence in the financial markets and enhance protection for customers, investors and the insured.