News Centre

Finansinspektionen And Riksbank: Minutes Of The Meeting Of The Council For Cooperation On Macroprudential Supervision Held On 2 October 2012

Date 09/10/2012

Finansinspektionen (FI) and the Riksbank have held their second meeting within the framework of the Council for Cooperation on Macroprudential Supervision. The participants discussed the current situation and observed that unease on the financial markets has abated but that underlying structural problems still persist in a number of European countries.

"Deciphering Chaos": Keynote Address Of CFTC Commissioner Bart Chilton Before The High-Frequency Trading Leaders Forum, Chicago, IL

Date 09/10/2012

Introduction

Say, hey! Good morning. I really am pleased and excited to spend some time with you to discuss markets and technology and to decipher some of the seeming chaos out there. Thanks to Edgar Perez for the kind invitation to join you at the High-Frequency Trading Leaders Forum. It is also fantastic to be with you here in Chicago—my favorite city.

Joint Statement Of Secretary Geithner And Indian Finance Minister Chidambaram At The 2012 U.S.-India Economic And Financial Partnership

Date 09/10/2012

We, Indian Finance Minister P. Chidambaram and U.S. Secretary of the Treasury Timothy Geithner, met today in New Delhi for the third annual meeting of the India-U.S. Economic and Financial Partnership. We recognize the progress made in the last two meetings of the Partnership in advancing the financial and economic relationship between our two nations since its launch in 2010 in New Delhi. The Partnership meetings have served as the forum for the highest level of engagement between India and the United States.  Governor Subbarao and Chairman Bernanke and other senior officials participated in our meeting. We are committed to continue to build on our past discussions and explore new areas to deepen and broaden our economic and financial engagements. 

European Parliament: Bank Supervision And Bond Buying Top The Agenda With Draghi

Date 09/10/2012

Banking union and the ECB's bond buying plans were the focus of Tuesday's Economic and Monetary Affairs Committee hearings with ECB President Mario Draghi. MEPs also quizzed Mr Draghi on Greece, Ireland, and Portugal, with most stressing that more solidarity was needed at EU level.

ISDA/AFME Response Re. EU Regulation On CDS And Short Selling - ESMA Consultation On Market-Making Exemption

Date 09/10/2012

Click here to download comments from AFME and ISDA on ESMA's Consultation Paper (the “Consultation”) titled “Exemption for market making activities and primary market operations under Regulation (EU) 236/2012 of the European Parliament and the Council on short selling and certain aspects of Credit Default Swaps” (the “Regulation”, “SSR’, “Level 1”).

STOXX Introduces Low Risk Weighted Index Concept

Date 09/10/2012

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of the STOXX Europe Low Risk Weighted 100 Index which represents a hypothetical investment portfolio that selects those 100 components with the lowest volatility from the STOXX Europe 600 Index. Components are weighted reversely by their volatility in order to achieve a minimal risk in the STOXX Europe Low Risk Weighted 100 Index: since inception (March 2001), the new index shows an annualized volatility of 13.28%, while the underlying STOXX Europe 600 Index shows a annualized volatility of 21.16% over the same timeframe.

IOSCO Publishes Policy Recommendations For Money Market Funds

Date 09/10/2012

The International Organization of Securities Commission (IOSCO) has published today a final report on Policy Recommendations for Money Market Funds, which proposes recommendations to be the basis for common standards for the regulation and management of money market funds across jurisdictions. These are articulated around key principles for valuation, liquidity management, use of ratings, disclosure to investors, and repos.

SunGard/PRMIA Survey Finds A Quarter Of Firms Exiting Businesses Due To Capital Requirements

Date 09/10/2012

Financial institutions around the world are feeling the impact of increased capital requirements on certain business lines, with 25 percent exiting these businesses, according to the fourth annual survey by the Professional Risk Managers’ Association (PRMIA), which was co-sponsored by SunGard.

Tokyo Stock Exchange: Selection Of Corporate Value Improvement Award Finalists

Date 09/10/2012

With respect to the Corporate Value Improvement Award established by Tokyo Stock Exchange, Inc. (TSE), the "Listed Company Award Selection Committee" selected the following five finalists for FY2012.

Hearing At The Committee On Economic And Monetary Affairs Of The European Parliament - Introductory Statement By Mario Draghi, President Of The ECB, Brussels, 9 October 2012

Date 09/10/2012

Madam Chair,

Honourable members of the Committee on Economic and Monetary Affairs,

It is a pleasure to be back here in Parliament and in front of your Committee for our regular exchange of views.