News Centre

ASIC Remakes Financial Reporting Legislative Instrument

Date 10/10/2023

ASIC has made ASIC Corporations (Financial Reporting by Stapled Entities) Instrument 2023/673. The instrument continues the relief previously provided under ASIC Class Order [CO 13/1050] Financial reporting by stapled entities, which was subject to sunsetting on 1 October 2023. 

Quant Launches Central Bank-Grade Key Management Solution For Blockchain Transactions

Date 10/10/2023

Blockchain for finance pioneer Quant has launched a groundbreaking solution to make blockchain-based transactions more secure for banks and other institutions.

ASIC Extends Electronic Precontractual Disclosure Legislative Instrument

Date 10/10/2023

ASIC has made ASIC Credit (Amendment) Instrument 2023/675, which extends the operation of ASIC Credit (Electronic Precontractual Disclosure) Instrument 2020/835 for a temporary period of 12 months until 1 October 2024, pending law reform.

Nasdaq September 2023 Volumes And 3Q23 Statistics

Date 09/10/2023

Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for September 2023, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended September 30, 2023 on its investor relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.

U.S. Economic Outlook And Monetary Policy Transmission, Federal Reserve Vice Chair Philip N. Jefferson, At "Beyond The Business Cycle: Adapting To A New Global Paradigm" 65th Annual Meeting Of The National Association For Business Economics, Dallas, Texas

Date 09/10/2023

Introduction
Thank you for inviting me to join this conference and for the kind introduction. It is a pleasure to be here.

Before I begin, let me remind you that the views I will express today are my own and are not necessarily those of my colleagues in the Federal Reserve System.

ISDA derivatiViews: Easy Access To Contractual Data

Date 09/10/2023

In today’s uncertain world, it’s all too easy to imagine a new market event that sends everyone scrambling to sift through mountains of contractual agreements to ascertain the impact on their derivatives trades. That’s always been a slow, operationally intensive process at a time when speed is usually of the essence. Fortunately, the integration of two key industry platforms will make that process a lot easier.

FIA September 2023 SEF Tracker

Date 09/10/2023

Pirum Trials Distributed Ledger Technology (DLT) For Securities Lending And Repo

Date 09/10/2023

Pirum have successfully tested a DLT extension of their securities lending and repo post-trade solution. This DLT innovation would provide clients with an immutable, transparent, and distributable golden-record of their trades for reference, audit and other purposes, and builds on existing post-trade lifecycle workflow and automation, fed from well-established real-time client books and record data integrations. 

BIS: The Cumulant Risk Premium

Date 09/10/2023

Many episodes of market turbulence, including the Covid-19 crisis in March 2020, show that asset returns are not normally distributed and that higher-order moments play an important role in financial markets. This raises two questions: (1) What are the implications of higher-order moments for standard finance models? (2) How can the risk premium of higher-order moments across asset classes be measured in a tractable way? In this paper, we show that leveraged ETFs can be used as an alternative to options for measuring the risk of higher-order moments, and we quantify this risk across equities, bonds, commodities, currencies and volatility. To quantify the exposure to higher-order moments in a tractable way, we use the concept of cumulants, which are close relatives to the moments of a given distribution.

FSB Assesses Progress Toward Achieving G20 Cross-Border Payments Targets

Date 09/10/2023

• The FSB reports today on progress made on priority actions to meet the G20 cross-border payments Roadmap targets.
• We are also publishing today an initial dataset of Key Performance Indicators (KPIs), which are designed to track over time the extent to which the targets are being met, where progress is being made and where challenges remain.
• While there has been good progress, further action is required to achieve the targets and realise the broad benefits that will come from enhanced cross-border payments. This will require collaboration and engagement between and beyond the G20, involving both the public and private sectors.