November 25, 2024/IOSCO IOSCO today published its Final Report on Post Trade Risk Reduction Services: Sound Practices for Consideration. IOSCO continues to follow the evolution of Post Trade Risk Reduction Services (PTRRS). While PTRRS provide certain clear benefits, such as the reduction of risk and improved efficiency, the offering and […]
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SEC Announces Enforcement Results for Fiscal Year 2024
Commission saw market participants respond to its efforts to promote culture of proactive compliance. November 22, 2024/US SEC The Securities and Exchange Commission today announced that it filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, the highest amount in SEC […]
Fed Announces Pricing, Effective January 1, 2025, for Payment Services the Federal Reserve Banks Provide to Banks and Credit Unions
November 22, 2024/US Federal Reserve The Federal Reserve Board on Friday announced pricing, effective January 1, 2025, for payment services the Federal Reserve Banks provide to banks and credit unions, such as the clearing of checks, automated clearing house (ACH) transactions, instant payments, and wholesale payment and settlement services. By […]
