News Centre
-
Being The Change We Want To See: A Sustainable Future" - Speech By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At Launch Of Inaugural MAS Sustainability Report Via Video Conference On 9 June 2021
Date 09/06/2021
Good morning, and welcome to the launch of MAS’ inaugural Sustainability Report .
-
Shenzhen Stock Exchange Strengthens Ex Post Regulation Of Annual Reports In The Bond Market With A Focus On Enhancing The Fundamental Goal And Guarding Against Risks
Date 09/06/2021
In 2020 when the new Securities Law was enforced, the registration-based corporate bond issuance system reform was officially launched and steadily advanced. It’s an important milestone in the reform and development course of the exchange-traded bond market. SZSE has conscientiously put in place the requirements of higher-level laws, optimized the basic systems of the bond market, and enriched and innovated in product series. While energizing market entities, SZSE has striven to improve the capability and efficiency to serve the real economy. In 2020, the issue volume of SZSE-listed bonds and asset-backed securities increased by 36% year on year. The proportion of the issue volume of corporate bonds by AAA issuers rose from 51% to 64%, and the issue volume of innovative bond types such as green bonds, innovation & entrepreneurship corporate bonds, renewable bonds, anti-pandemic bonds, house leasing bonds, etc. recorded nearly CNY 226.7 billion. The market structure continued to improve and the innovation capability was further enhanced, actively promoting the high-quality development of the bond market.
-
Keynote Address Of CFTC Commissioner Dan M. Berkovitz Before FIA And SIFMA-AMG, Asset Management Derivatives Forum 2021 - Climate Change And Decentralized Finance: New Challenges For The CFTC
Date 08/06/2021
Good morning, and thank you for the opportunity to address this joint forum of FIA and SIFMA AMG.[1] Today I will provide an update on several regulatory issues of interest to this group, as well as my views on the role of the CFTC in addressing climate change, and my concerns regarding the rise of decentralized financial markets.
-
SEC Chair Gary Gensler Announces Additions To Executive Staff - Amanda Fischer To Serve As Senior Counselor To The Chair
Date 08/06/2021
The Securities and Exchange Commission today announced the appointments of Amanda Fischer, Lisa Helvin, Tejal D. Shah, Angelica Annino, Liz Bloom, Basmah Nada, and Jahvonta Mason as members of SEC Chair Gary Gensler's executive staff.
-
Remarks Of CFTC Acting Chairman Rostin Behnam At The SOFR Symposium: The Final Year Sponsored By The Alternative Reference Rates Committee (ARRC)
Date 08/06/2021
Introduction
Good morning. I want to thank Tom Wipf, the ARRC, and the New York Fed for holding this series of symposia and for inviting me to share my thoughts and moderate an important discussion on our progress in the transition from LIBOR to SOFR specific to the derivatives markets. Before I begin, please allow me to remind you that the views I express today are my own and do not represent the views of the Commodity Futures Trading Commission (CFTC or the Commission) or my fellow Commissioners.
-
Written Testimony Of Charles P. Rettig, US Commissioner Internal Revenue Service Before The Senate Finance Committee On The IRS Budget
Date 08/06/2021
Introduction
Chairman Wyden, Ranking Member Crapo and Members of the Committee, thank you for the opportunity to discuss the IRS budget and provide you with an update on IRS operations.
-
Statement On Commencement Of Appointment Process For Five Public Company Accounting Oversight Board Seats, SEC Chair Gary Gensler June 8, 2021
Date 08/06/2021
The Public Company Accounting Oversight Board (PCAOB) is one of the centerpieces of the Sarbanes-Oxley Act of 2002. The PCAOB is governed by a Board of five members, two of whom must be certified public accountants (CPAs), and three of whom must not be. Under the Act, Board members must be “appointed from among prominent individuals of integrity and reputation who have a demonstrated commitment to the interests of investors and the public, and an understanding of the responsibilities for and nature of the financial disclosures required of issuers, brokers, and dealers under the securities laws and the obligations of accountants with respect to the preparation and issuance of audit reports with respect to such disclosures.”
-
ISDA Responds To EC Consultation On Taxonomy Disclosures
Date 08/06/2021
On June 1, ISDA and the Association for Financial Markets in Europe submitted a response to a European Commission (EC) consultation on the Delegated Act on Article 8 taxonomy disclosures. The associations recommend that assets held in the trading portfolio should be excluded from the green asset ratio’s (GAR’s) computation and associated disclosure obligation and that only banking book exposures should form its basis. Moreover, the associations note that although derivatives should be included in the relevant key performance indicators measuring alignment with sustainability purposes, this should happen gradually following a more in-depth assessment of their current uses by EU policy-makers and regulators. Finally, the associations point out that the inconsistent treatment of derivatives in the GAR is not optimal from a methodological consistency standpoint, as it could structurally disfavour banks. The paper calls on the EC to reassess its approach for derivatives holistically in the GAR until this matter has been appropriately examined in more detail.
-
Moscow Exchange: Risk Parameters On Securities Market
Date 08/06/2021
CP NCC will set the following risk parameters on Securities market starting from June 09, 2021:
-
Finansinspektionen: TRS 2 Closed For Maintenance
Date 08/06/2021
On Wednesday, 16 June, TRS 2 will be closed for maintenance.
