December 10, 2021/NGX All ducks now appear to be in a row for the launch of Exchange Traded Derivatives (ETDs) in the Nigerian capital market. This comes on the back of the official launch of NG Clearing as Central Counterparty (CCP) Clearing House in Nigeria on Thursday, 9 December 2021. […]
Updates
Federal Reserve Board reiterates its supervisory expectations for large banks’ risk management with investment funds
December 10, 2021/US Federal Reserve The Federal Reserve Board on Friday reiterated its supervisory expectations for large banks’ risk management with investment funds. The supervisory message follows a review by the Board of the default and failure of Archegos Capital Management, a concentrated and leveraged fund. The message describes the […]
Federal Reserve Board issues enforcement action with former institution-affiliated party of Santander Consumer USA, Inc.
December 9, 2021/US Federal Reserve The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Consent prohibition order against Brent J. Huisman Former institution-affiliated party of Santander Consumer USA, Inc., Dallas, Texas Solicitation and acceptance of improper gifts and gratuities from third-party companies Additional enforcement […]
