Hong Kong’s financial secretary, Paul Chan Mo-po, has made a series of appointments and reappointments to the Securities and Futures Commission (SFC) advisory committee for a two-year period from June 1, 2019, to  May 31, 2021.

Moves by the Securities and Exchange Commission (SEC) to limit the amount of information it collects on individual investors has been welcomed by some members of the House Financial Services Committee following a series of big data breaches.

A new unit has been set up by the Financial Industry Regulatory Authority (FINRA) to monitor and coordinate new uses of financial innovation with its member firms.

The Commodity Futures Trading Commission (CFTC) proposes updating rules around swap data repository and data reporting requirements to make them more effective and technology compatible.

Broker-dealers are being given extra time by the Securities and Exchange Commission (SEC) until October 1, to comply with additional disclosure rules around the handling of customer orders.

The Commodity Futures Trading Commission (CFTC) has proposed a number of changes to derivatives clearing rules. The proposals, which are out for consultation, are designed to address management and reporting obligations, to clarify certain provisions, simplify processes for registration and reporting and codify existing staff relief and guidance, the CFTC said in a statement.

There have long been complaints that the Basel III Framework with its emphasis on lowering risk inadvertently discriminates against developing economies and to address this a global think tank has come up with six recommendations.

UK-located banks are under pressure from EU regulators to continue shifting operations and capital to the union to serve customers there, while UK regulators are seeking more flexibility on access to the single market post-Brexit.

US Federal prudential regulators are consulting on easing requirements for smaller banks that pose less risk with their living wills to be submitted every three years instead of on a two year basis.

Banks engaged mainly in custodial activities should be able to exclude deposits at central banks from their supplementary leverage ratio, according to the three main US prudential regulators.