News Centre

Bank Of England: Bank Rate Maintained At 5.25% - March 2024 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 21/03/2024

Monetary Policy Summary, March 2024

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 20 March 2024, the MPC voted by a majority of 8–1 to maintain Bank Rate at 5.25%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 5%.

Exchange Of Letters Between The Governor Of The Bank Of England And The UK Chancellor Regarding CPI Inflation - March 2024

Date 21/03/2024

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.

ESMA: T+1 Feedback Report Shows Mixed Impacts Of Shortening The Settlement Cycle In The EU

Date 21/03/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing feedback received to its Call for Evidence on shortening the settlement cycle. 

ACER Introduces The New ‘Central Europe’ Electricity Capacity Calculation Region

Date 21/03/2024

In November 2023, Transmission System Operators (TSOs) submitted to ACER their proposal to amend the definition of two European electricity Capacity Calculation Regions (CCR).

Andrea Herrmann Reappointed As Chief Financial Officer Of The Vienna Stock Exchange

Date 21/03/2024

The supervisory board is committed to stability and continuity in the management board of the Vienna Stock Exchange: Andrea Herrmann was confirmed in her role as CFO and reappointed at today's supervisory board meeting. Her term of office, which currently runs until 30 April 2024, will be extended by a further three years. The Vienna-born has been a member of the management board since May 2021, which she forms together with Christoph Boschan (CEO) and Petr Koblic (Shareholdings).

Global Money Week: Central Bank Of Nigeria, NGX, Partners Boost Students’ Financial Literacy

Date 21/03/2024

Nigerian Exchange Limited, Central Bank of Nigeria and other capital market operators have organised a symposium to boost the financial literacy level of some students in Lagos to mark the 2024 Global Money Week.

Global Financial Centres Index 35: Stability Among Leading Financial Centres, Growth In Emerging Economies

Date 21/03/2024

GFCI 35 Headlines

• The 35th edition of the Global Financial Centres Index (GFCI 35) was published today by Z/Yen Group in partnership with the China Development Institute (CDI). The launch webinar for GFCI 35 linked London and Casablanca with contributions from the Casablanca Finance City Authority.
• New York held onto the top position in the index and has now been in first place since GFCI 24, published in September 2018.
• London remains second, ahead of Singapore in third place, which has maintained its slight lead over Hong Kong in fourth position.

Provenir Shines A Spotlight On The Pressing Need For Cross-Sector Collaboration To Combat Fraud

Date 21/03/2024

Provenir, a global leader in AI-powered risk decisioning software, recently brought together more than 50 representatives from the public and private spheres at an event in Paris (‘Fraude Financiere en France – evolutions, impacts et solutions’) to help drive greater collaboration between the public and private sectors when it comes to fighting increasingly sophisticated fraud. 

Opening Remarks By Mr Heng Swee Keat, Deputy Prime Minister And Coordinating Minister For Economic Policies, And Board Member Of The Monetary Authority Of Singapore, At The SGFIN Sustainability Summit On 21 March 2024

Date 21/03/2024

Good morning to all of you. I am happy to join you at the NUS Sustainable and Green Finance Institute’s Sustainability Summit this year.

Solactive Wins Best European Index Overall Provider At ETF Express European ETF Awards 2024

Date 21/03/2024

Solactive AG – a Germany-based leading index provider to the ETF Industry – has been recognized with the “Best European Index Overall Provider” award at this year’s ETF Express European ETF Awards in London last night. This award recognizes Solactive’s dedication to delivering the best possible benchmarks for our clients across all asset classes and further establishes the firm as one of the leading providers of indices for the ETF  market.