NEWS

The Securities and Exchange Commission today announced a nearly $50 million whistleblower award to an individual who provided detailed, firsthand observations of misconduct by a company, which resulted in a successful enforcement action that returned a significant amount of money to harmed investors.

The innovations proposed by the Bank of Russia are aiming to mitigate the risks of market manipulations that may be committed under the guise of maintaining exchange trading parameters. The relevant draft ordinance is available on the Bank of Russia’s website.

new indicator of risks and vulnerabilities in the Swedish financial system – the systemic risk indicator – is presented in a new Staff Memo.

SGX and MSCI will retain their partnership on MSCI Singapore Index products and will both work to extend it well beyond 2021; MSCI Singapore futures and options remain listed Licence agreement for all other MSCI products will expire in February 2021 SGX continues to grow a one-stop, multi-asset platform to trade and manage Asian risk comprehensively across equities, fixed income, currencies and commodities

Bern, 28.05.2020 - The Ordinance on Protecting against Cyber-Risks in the Federal Administration was adopted by the Federal Council during its meeting on 27 May 2020 and will come into force on 1 July 2020. Moreover, the Federal Council decided to allocate 20 new posts to increase staffing for the implementation of the 2020-2022 national strategy for the protection of Switzerland against cyber-risks.

The Financial Markets Authority (FMA) has issued a formal warning to a financial adviser who made recommendations to clients that they urgently move their investments to ‘low risk’ funds in the wake of COVID-19. The adviser failed to clarify that the advice may not be suitable for all clients.

Washington, D.C. — The Commodity Futures Trading Commission at its open meeting today unanimously approved an interim final rule to grant an extension of the compliance schedule for initial margin requirements for uncleared swaps in response to operational challenges certain entities are facing due to the COVID-19 (coronavirus) pandemic.

Singapore, 28 May 2020… The Monetary Authority of Singapore (MAS) announced today that the first phase of the Veritas initiative - a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA) - will commence with the development of fairness metrics in credit risk scoring and customer marketing

HONG KONG, May 26, 2020 - (ACN Newswire) - Responding to market demand and an increasingly remote business environment, Blockpass today revealed the launch of the WebID version of its award-winning identity verification protocol, KYC Connect.

COVID-19 has accelerated the global transition to a new reality of unprecedented digital dependency, heightened cyber risks and vulnerabilities Leaders and organizations are forced to digitally adapt their organizations faster than ever to remain relevant Five principles developed to help global leaders reinforce the cyber resilience and cybersecurity of their organizations in a context of rampant global change and uncertainty Find out more about the World Economic Forum’s work on cybersecurity