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EBA’s Annual Bank Funding Plans Report Shows Plans To Issue More Debt Instruments In The Coming Years Intended To Counterbalance Expected Decline In Central Bank Funding

Date 15/09/2022

The European Banking Authority (EBA) today published its annual Funding Plans Report. 159 banks submitted their funding plans for a forecast period from 2022 to 2024. The Report highlights strong deposit growth and increase of public sector sources of funding in 2021. The plans show banks’ intentions to increase market-based funding over forecast period, while the gap between planned debt issuances and maturing targeted longer-term refinancing operations (TLTRO) in the coming two years remains significant.

EBA Has Been Awarded Top European Standard For Its Environmental Performance

Date 15/09/2022

The European Banking Authority (EBA) has become the first European agency in France to be registered for its environmental performance under the European Eco-Management and Audit Scheme (EMAS). The registration was issued by the French Ministry for the Ecological Transition for a duration of three years. The scope of EMAS covers all the EBA’s operational and core business activities.

Basel Committee Advances Work On Evaluating Basel III Reforms And Addressing Climate-Related Financial Risks, And Approves Annual G-SIB Assessment

Date 15/09/2022

• Basel Committee agrees to publish an evaluation report on buffer usability and cyclicality in the Basel framework.
• Discusses ongoing work related to measures to address climate-related financial risks.
• Approves annual assessment exercise for global systemically important banks (G-SIBs).

Ethereum Merge Market Reaction - Kaiko Data

Date 15/09/2022

Ethereum’s transition to proof-of-stake passed without a hitch, marking the successful conclusion to one of the most consequential events in the history of crypto and open source development. While prices have barely budged in the 8 hours following the Merge, preparations for this monumental shift were visible elsewhere in the markets, evidenced by a massive drop in funding rates, rising open interest, widening staked ETH discount, and decline in liquidity in the hours preceding the event. In today's Deep Dive, we’ll look at what’s changed, what hasn’t, and how markets could evolve over the next few days.

BaFin - Wonderkiri OÜ: Suspected Violation Of The Prospectus Requirement

Date 15/09/2022

BaFin has sufficient grounds to suspect that the website operator of (wonderkiri.de/), Wonderkiri OÜ, which states that its registered office is in Tallin (Estonia), is offering its securities “naos token” to public in Germany without the required prospectus.

Testimony Of CFTC Chairman Rostin Behnam Regarding The Legislative Hearing To Review S.4760, The Digital Commodities Consumer Protection Act At The U.S. Senate Committee On Agriculture, Nutrition, And Forestry

Date 15/09/2022

Introduction

Chairwoman Stabenow, Ranking Member Boozman, and members of the Committee, I appreciate the opportunity to appear before you today as Chairman of the Commodity Futures Trading Commission (CFTC or Agency) to discuss S.4760, the Digital Commodities Consumer Protection Act (“DCCPA”).  Before I begin, I would like to recognize and thank my fellow CFTC Commissioners and colleagues; their dedication, expertise, and commitment to the American public ensures our greatest success.[1]

London Stock Exchange Group Block Listing Six Monthly Return

Date 15/09/2022

Click here for full details.

Testimony Before The United States Senate Committee On Banking, Housing, And Urban Affairs, SEC Chair Gary Gensler, Washington D.C., Sept. 15, 2022

Date 15/09/2022

Good morning, Chairman Brown, Ranking Member Toomey, and members of the Committee. I’m honored to appear before you today as Chair of the Securities and Exchange Commission. I’d like to thank this Committee for helping to confirm our two new Commissioners, Mark Uyeda and Jaime Lizárraga. As is customary, I will note that my views are my own, and I am not speaking on behalf of my fellow Commissioners or the staff.

Delta Finanz: BaFin Prohibits Delta Finanz From Offering The Shares Of Duracell Inc. To The Public.

Date 15/09/2022

On 07.09.2022 BaFin prohibited Delta Finanz, which states that its registered offices are in Amsterdam in the Netherlands and Frankfurt a.M. in Germany, from offering the shares of Duracell Inc. to the public. BaFin imposed the prohibition because the company had infringed Article 3(1) of the EU Prospectus Regulation. For this reason, Delta Finanz may not offer the shares of Duracell Inc. to the public in Germany.

Statement By US Secretary Of The Treasury Janet L. Yellen On President Biden’s Executive Order On The Committee On Foreign Investment In The United States

Date 15/09/2022

Today, President Biden issued an Executive Order reflecting the evolving national security threat landscape and underscoring the critical role of the Committee on Foreign Investment in the United States (CFIUS or the Committee) in responding to new and emerging threats and vulnerabilities in the context of foreign investment. The Executive Order elaborates and expands on the existing list of factors that CFIUS considers when reviewing transactions for national security risks and describes potential national security implications in key areas. Among other things, the Executive Order enumerates sectors in which supply chain resiliency and U.S. technological leadership face an increasing national security risk — including microelectronics, artificial intelligence, biotechnology, advanced clean energy, and critical materials. The Executive Order also directs CFIUS to consider whether a transaction that it is reviewing implicates specific national security risks related to aggregate industry investment trends, cybersecurity, and U.S. persons’ sensitive data.