Day: June 16, 2022

Jun 16
Ebix shares slide 34% after short seller questions accounting at India unit that is prepping for IPO

Shares of conglomerate Ebix Inc. EBIX, -43.57%, which offers payment services, travel and IT in India, slid 34% Thursday, after short seller Hindenburg Research questioned the company’s accounting in a new report. Hindenburg said some of the numbers the company has offered relating to its Indian unit EbixCash, which it is planning to take public […]

Jun 16
Canadian securities regulators highlight CSA 2019-2022 Business Plan achievements

Montreal – The Canadian Securities Administrators (CSA) today released its Achievement Highlights report that summarizes the progress made on the strategic initiatives published in the CSA 2019-2022 Business Plan.  “I am very proud of what we have accomplished over the past three years. CSA members collaborated to pursue our strategic goals, drive a harmonized approach […]

Jun 16
Insurance Bulletin 2022-01 – Principles of Conduct for Insurance Intermediaries

On 6 April 2022, the Canadian Insurance Services Regulatory Organizations (CISRO) published the Principles of Conduct for Insurance Intermediaries (the Principles). The full document can be found at Canadian Insurance Services Regulatory Organizations (CISRO) Principles of Conduct for Insurance Intermediaries (cisro-ocra.com) together with a Questions and Answers document: 2472 (cisro-ocra.com). The Insurance Division of the […]

Jun 16
Hellas 2022 International conference of the Hellenic Investors Association and Better Finance

On 16 June 2022, the Chairman of the FSMA took part in the Hellas 2022 International conference of the Hellenic Investors Association (HIA) and Better Finance, the European Federation of Investors and Financial Services Users. In his keynote speech, he addressed, among other things, the development of the Capital Markets Union within the European Union […]

Jun 16
Shaping the rules for a data-driven future

Speech by our Chief Executive, Nikhil Rathi, delivered at the Dutch Authority for the Financial Markets (AFM) 20th anniversary seminar. Speaker: Nikhil Rathi, Chief ExecutiveEvent: AFM 20th anniversary seminarDelivered: 16 June 2022Note: this is the speech as drafted and may differ from the delivered version Highlights The value of consumer data has soared and we often trade privacy for expediency.  […]

Jun 16
The FCA’s second phase of reform of the Listing Rules: Increasing transparency and encouraging more market participation

Speech by Clare Cole, FCA Director of Market Oversight, to The Regulation of Listed Companies Summit Speaker: Clare Cole, Director of Market OversightEvent: The Regulation of Listed Companies Summit, Hallam Conference Centre, LondonDelivered: 16 June 2022Note: this is the speech as drafted and may differ from the delivered version Highlights The success associated with being […]

Jun 16
Circle launches euro-backed stablecoin EUROC

Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations. 1295 Total views 14 Total shares USD Coin (USDC) issuer Circle Internet Financial is launching a fully-reserved stablecoin pegged to the euro, signaling to the market that demand for crypto foreign exchange services remains high despite recent industry turmoil.  […]

Jun 16
EIA data show a 92 billion cubic foot weekly rise in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 92 billion cubic feet for the week ended June 10. That compared to an average forecast for an increase of 89 billion cubic feet from analysts polled by S&P Global Commodity Insights. Working gas stocks include revisions to “reflect resubmissions of […]

Jun 16
Japanese Candlesticks Analysis 16.06.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD formed a Hammer at the support level. Going by the signal, the pair currently get into another ascending impulse. The goal of the growth will be 1.3030. However, the price can still drop to the support level of 1.2870 with a subsequent bounce and continuation of […]

Jun 16
Forex Technical Analysis & Forecast 16.06.2022

EURUSD, “Euro vs US Dollar” The currency pair demonstrated a declining wave to 1.0364. Today the market is continuing with a correction. Growth to 1.0520 is not excluded. Practically, there is a consolidation range forming around 1.0440. With an escape upwards, correction might develop to 1.0600. With an escape downwards, the trend might continue to […]