News Centre
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SGX Welcomes Singapore Paincare Holdings Limited To Catalist
Date 30/07/2020
Singapore Exchange (SGX) today welcomed Singapore Paincare Holdings Limited to its Catalist under the stock code “FRQ”.
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Monetary Authority Of Singapore Announces Extension Of The US$60 Billion Swap Facility With The US Federal Reserve And The MAS USD Facility
Date 30/07/2020
The Monetary Authority of Singapore (MAS) announced today that it will continue to provide US Dollar (USD) via the MAS USD Facility following the extension of MAS’ US$60 billion swap arrangement with the US Federal Reserve (Federal Reserve) through 31 March 2021. The MAS USD Facility will offer up to US$60 billion of funding to banks, to facilitate USD lending to businesses in Singapore and the region.
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ASIC Releases Final Updated Guidance On Complaints Handling
Date 30/07/2020
ASIC has today released updated requirements for how financial firms deal with consumer and small business complaints – under their Internal Dispute Resolution (IDR) procedures.
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Bank Of Baroda’s Credit Card Arm Readies For Digital Transformation With Implementation Of Fiserv Technology - Flexible, Scalable Solution Accelerates Digital Transformation Of Card Issuing And Processing
Date 30/07/2020
BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda, has chosen Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to enable the digitization of their end-to-end card issuance and processing cycle and support the launch of several new and high-tech products including contactless credit cards, tokenisation and integration with branded wallets, and virtual credit cards.
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NZX Half Year 2020 Shareholder & Qrtly Regulation Metrics
Date 29/07/2020
Please see attached NZX Half Year 2020 Shareholder and Quarterly Regulation Metrics.
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Cboe Global Markets Plans To Bring Periodic Auctions To U.S. Equity Markets
Date 29/07/2020
- Builds on success of Cboe Europe Periodic Auctions, the largest periodic auction platform in Europe
- First auction mechanism of its kind in the U.S. aims to enhance intraday liquidity in the public equity markets
- Designed to meet customer need to trade in size, or access liquidity in thinly traded securities
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IMF Executive Board Approves US$49.1 Million In Emergency Support To Lesotho To Address The Covid-19 Pandemic
Date 29/07/2020
- The economic consequences of the COVID-19 pandemic in Lesotho have been severe, with a weak global and regional environment reducing exports and remittances.
- The IMF approved US$49.1 million emergency support under the Rapid Credit Facility and the Rapid Financing Instrument to help Lesotho meet urgent balance of payments needs stemming from the COVID-19 pandemic.
- While the authorities’ immediate priority is to respond to the pandemic through emergency health and economic mitigation measures, fiscal consolidation and structural reforms will be required to restore external balance, preserve debt sustainability, and stimulate inclusive growth over the medium-term.
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Superintendent Lacewell Announces New York State Department of Financial Services’ Opposition To Federal Government’s Proposed Rule Change That Discourages ESG Investing, Undermining Retirement Security Of Workers - DFS Submits Public Comment To Labor Secretary Scalia In Opposition To U.S. Department Of Labor’s Proposed Rule Change For ESG Standards In Private Pension Funds - Calls On Federal Government To Support And Promote ESG Investing
Date 29/07/2020
Superintendent Linda A. Lacewell today announced the New York State Department of Financial Services’ (DFS) opposition to the federal government’s proposed rule change to Environmental, Social, and Governance (ESG) investing on the grounds that this change risks undermining the retirement security of workers. The U.S. Department of Labor’s (DOL) new Proposed Rule discourages fiduciaries from engaging in ESG analysis in their decision-making to the detriment of workers’ retirement returns and the market more broadly.
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ISDA Board Statement On Adherence To The IBOR Fallback Protocol
Date 29/07/2020
ISDA today published a statement from its Board of Directors on adherence to the forthcoming IBOR Fallback Protocol.
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IMF Executive Board Approves US$110.4 Million In Emergency Support To The Kingdom Of Eswatini To Address The COVID-19 Pandemic
Date 29/07/2020
- The COVID-19 pandemic has magnified Eswatini’s existing economic and social challenges, leading to a sharp decline in growth and large financing needs.
- The IMF approved US$110.4 million in emergency financial assistance under the Rapid Financing Instrument to support the authorities’ efforts in addressing the severe economic impact of the COVID-19 pandemic.
- The immediate priority is to support public health, vulnerable groups and businesses.
- Once the impact of the pandemic subsides, it is critical to implement the authorities’ fiscal consolidation plan and structural and governance reforms to ensure debt sustainability and achieve a fast and inclusive recovery.
