FTSE Mondo Visione Exchanges Index:
News Centre
-
BIS: Cryptocurrencies And Decentralised Finance (DeFi)
Date 16/12/2022
Summary
Focus
Historically, financial intermediaries have been the key nodes in the financial system that control the accuracy of customer accounts, perform bookkeeping functions and ensure that unauthorised persons do not have access to an account. But recent advances in technology have enabled, in the form of decentralised finance (DeFi), a new form of intermediation in crypto markets that aims to cut out the middle men and reduce transaction costs. The key elements of the DeFi ecosystem are novel automated protocols on blockchains, ie forms of permissionless distributed ledger in which details of transactions are held in the ledger in the form of blocks of information.
-
Nigerian Exchange Weekly Market Report For December 16th 2022
Date 16/12/2022
A total turnover of 814.089 million shares worth N12.204 billion in 15,488 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.225 billion shares valued at N15.243 billion that exchanged hands last week in 15,317 deals.
-
EBA Standardises Information Requirements To Support Sales And Transfers Of Non-Performing Loans
Date 16/12/2022
- The EBA introduces information standardisation to increase the efficiency of secondary markets for sales of non-performing loans (NPL) and to reduce entry barriers for smaller banks and smaller investors.
- The proposed NPL transaction data templates are built on previous voluntary templates and consider the experience of market participants from the sell- and buy-side and other stakeholders.
- The NPL transaction data templates are the linchpin for numerous initiatives under the December 2020 European Commission’s action plan for NPL in the aftermath of the COVID-19 pandemic.
-
BIS: Governors And Heads Of Supervision Endorse Global Bank Prudential Standard For Cryptoassets And Work Programme Of Basel Committee
Date 16/12/2022
- The Basel Committee's oversight body endorses a global prudential standard for banks' exposures to cryptoassets, for implementation by 1 January 2025.
- Endorses the Committee's work programme and strategic priorities for 2023–24.
- The programme prioritises work on emerging risks and vulnerabilities, digitalisation, climate-related financial risks and Basel III implementation.
-
BIS: Systemic Fragility In Decentralised Markets
Date 16/12/2022
Summary
Focus
Collateral is widely used in financial markets to mitigate asymmetric information problems and to limit credit risk exposure for lenders. In decentralised finance, collateralised lending is automated: collateral value is constantly monitored and margins are enforced by third parties. We focus on the ways in which third party collateral liquidations affect protocol risk, collateral risk and risks to the decentralised financial system.
-
ATSISTEMAS To Start Trading In BME Growth On 20th December
Date 16/12/2022
The Board of Directors of the Market has approved the listing of ATSISTEMAS on 20 December following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by the Coordination and Admission Committee.
-
Nasdaq Named To Dow Jones Sustainability Index For The Seventh Consecutive Year - Company Received Key Recognitions By Several Third-Party Validators Throughout 2022
Date 16/12/2022
Nasdaq (Nasdaq: NDAQ) has been named for the seventh consecutive year to the Dow Jones Sustainability Index (DJSI), one of the most prestigious environmental, social, and governance (ESG) ranking benchmarks. Nasdaq maintains its industry leadership as one of just eight diversified financial services companies selected for inclusion in the 2022 North America Index.
-
Federal Reserve Board Adopts Final Rule That Implements Adjustable Interest Rate (LIBOR) Act By Identifying Benchmark Rates Based On SOFR (Secured Overnight Financing Rate) That Will Replace LIBOR In Certain Financial Contracts After June 30, 2023
Date 16/12/2022
The Federal Reserve Board on Friday adopted a final rule that implements the Adjustable Interest Rate (LIBOR) Act by identifying benchmark rates based on SOFR (Secured Overnight Financing Rate) that will replace LIBOR in certain financial contracts after June 30, 2023. The final rule is substantially similar to the proposal with certain clarifying changes made in response to comments.
-
EBA Publishes Its Closure Report Of Covid-19 Measures And Repeals Its Guidelines On Covid-19 Reporting And Disclosure
Date 16/12/2022
The European Banking Authority (EBA) today published its closure report of Covid-19 measures, which provides an overview of the wide range of policy measures taken on the back of the pandemic, their state of play and the path out of policy support. Although the EU banking system proved overall resilient, the ample support provided does not give room to complacency, and the framework is to be further strengthened with a loyal and prompt implementation of Basel III. The publication is accompanied by an update to the list of public guarantee schemes (PGS) and general payment moratoria schemes issued in response to the pandemic. Finally, the EBA Guidelines on Covid-19 reporting and disclosure have been repealed in response to the decreasing relevance of the related public support measures, and the overall EBA proportionate approach to reporting.
-
ESMA Appoints New Chairs Of Standing Committees
Date 16/12/2022
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has changed the structure of its standing committees and elected new Chairs. The election took place at the Board of Supervisors meeting in Paris on 14 December.
- First
- Previous
- 2431
- 2432
- 2433
- 2434
- 2435
- 2436
- 2437
- 2438
- 2439
- 2440
- 2441
- 2442
- 2443
- 2444
- 2445
- 2446
- 2447
- Next
- Last