News Centre

US Federal And State Financial Regulatory Agencies Issue Interagency Statement On Supervisory Practices Regarding Financial Institutions Affected By Hurricanes Fiona And Ian

Date 29/09/2022

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricanes Fiona and Ian on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities.

SEC Monitoring Impact Of Hurricanes Ian And Fiona On Capital Markets

Date 29/09/2022

SEC Chair Gary Gensler has directed the staff to carefully monitor developments as a result of Hurricanes Ian and Fiona. While the safety of local residents is the highest priority, the SEC invites inquiries from any person with obligations under the federal securities laws that may be affected by the storms. The staff will evaluate the appropriateness of providing regulatory relief for those as applicable.

Recent Developments In The Economy And Markets − Speech By Huw Pill, Bank Of England, Given At Institute Of Directors NI Annual Dinner, Holywood, County Down

Date 29/09/2022

Good evening everyone.

It is a great pleasure to speak at tonight’s annual dinner of the Institute of Directors in Northern Ireland. I owe thanks to Gordon Milligan and his IoD colleagues for their kind invitation.

Message Received And Understood − Speech By Dave Ramsden, Bank Of England Deputy Governor, Markets And Banking, Given Remotely At A Conference By The Lietuvos Bankas And The Bank For International Settlements (BIS) On The “Future Of Central Banking”

Date 29/09/2022

Introduction

Thank you very much for the invitation to join this panel today and I am very sorry I can’t be with you in Vilnius. Real-time market developments kept me here in London, but I’m grateful to the organisers from the Central Bank of Lithuania and from the BIS for allowing me to contribute virtually to the Bank’s 100^th birthday conference.

Supervisory Board Of Deutsche Börse AG Extends Executive Board Mandate Of Heike Eckert

Date 29/09/2022

The Supervisory Board of Deutsche Börse AG made an extension to the Executive Board mandate of Heike Eckert (54), for five years until the end of June 2028.  

CFTC Commissioner Pham To Participate On A Panel At POLITICO’s AI & Tech Summit

Date 29/09/2022

SEC: Deloitte’s Chinese Affiliate To Pay $20 Million Penalty For Asking Audit Clients To Conduct Their Own Audit Work - Clients Selected Their Own Samples And Prepared Workpapers

Date 29/09/2022

The Securities and Exchange Commission today charged Deloitte Touche Tohmatsu Certified Public Accountants LLP (Deloitte-China), the Chinese affiliate of the Deloitte global network of accounting firms, with failing to comply with fundamental U.S. auditing requirements in its component audits of U.S. issuers and its audits of foreign companies listed on U.S. exchanges. Deloitte-China agreed to settle the charges by paying a $20 million penalty and agreeing to extensive remedial measures.

CFTC To Host Panels For Financial Educators For World Investor Week

Date 29/09/2022

BIS: Basel Committee Finds Japan Compliant With Its Net Stable Funding Ratio Standard And Largely Compliant With Its Large Exposures Framework; Updates Handbook For Jurisdictional Assessments.

Date 29/09/2022

• Basel Committee publishes assessment reports on the implementation of its global standards in Japan.
• Assessments find Japanese regulations respectively compliant and largely compliant with the Basel Committee's Net Stable Funding Ratio standard and large exposures framework.
• Basel Committee also publishes an updated version of its Handbook for jurisdictional assessments.

The EBA Updates Data Used For The Identification Of Global Systemically Important Institutions (G-SIIs)

Date 29/09/2022

• For the first time the EBA is publishing data items specific to banks headquartered in the Banking Union
• The publication covers 13 indicators, including the recently added trading volume indicator and updated data for the 30 largest institutions in the EU
• The data is accompanied by user-friendly tools and bank-specific PDFs