Dealers may soon face stricter controls on the way they hedge client orders after the global standard-setter for securities regulation launched a review of the controversial practice of pre-hedging, Risk.net…
Month: September 2023
FTX receives court approval to liquidate crypto assets
Earlier this week, the fall in the price of bitcoin was tied back to bankruptcy disclosures from FTX showing that it had nearly $7 billion worth of assets, including about…
UN advances measures to reduce carbon emission in building sector
A new report by the United Nations Environment Programme (UNEP) and the Yale Centre for Ecosystems and Architecture (Yale CEA), under the Global Alliance for Buildings and Construction (GlobalABC) has…
Western Union Remission Fund distributes nearly $40M to victims
The Justice Department today announced that the Western Union Remission Fund began a distribution of approximately $40 million in funds forfeited to the United States from the Western Union Company…