The European Commission issued two legislative proposals aimed at (i) ensuring citizens and businesses can continue use of euro banknotes and coins and (ii) establishing a legal framework for a possible "digital form of the euro that the European Central Bank may issue in the future, as a complement to cash."
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An Australia-based investment management company settled CFTC charges for exceeding position limits in platinum futures.
The Financial Action Task Force updated the list of jurisdictions with AML/CFT deficiencies. FinCEN urged financial institutions to assess their involvement with the identified jurisdictions when reviewing their risk-based policies and procedures.
A broker-dealer settled SEC charges for erroneously deleting electronic business records.
The CFTC Divisions of Market Oversight, Clearing and Risk and Market Participants requested comment on potential issues related to affiliations between clearing and trading platforms (i.e., DCOs, DCMs and SEFs) and market intermediaries (e.g., FCMs).