News Centre

BIS: The Role Of Non-Bank Financial Institutions In Cross-Border Spillovers

Date 08/12/2022

The growing presence of non-bank financial institutions (NBFIs) helps to develop financial markets, yet it can also impact a country's vulnerability to cross-border spillovers. The risk of cross-border spillovers is especially acute for NBFIs' dollar positions. Other potential sources of spillovers include currency and liquidity mismatches on NBFIs' balance sheets, NBFIs' use of leverage, and herding. Evidence about whether the greater involvement of NBFIs has aggravated the procyclicality and intensity of cross-border spillovers is mixed.

BIS: Basel Committee Clarifies How Climate-Related Financial Risks May Be Captured In The Existing Basel Framework

Date 08/12/2022

• Basel Committee issues responses to frequently asked questions (FAQs) to clarify how climate-related financial risks may be captured in the existing Basel Framework.
• Clarifications intended to facilitate consistent interpretation of existing Pillar 1 standards given the unique features of climate-related financial risks and should not be interpreted as changes to the standards.
• Part of the Committee's ongoing and holistic approach to addressing climate-related financial risks to the global banking system.

Canadian Securities Administrators Adopts Changes To The Offering Memorandum Prospectus Exemption

Date 08/12/2022

The Canadian Securities Administrators (CSA) today published changes to the offering memorandum prospectus exemption.

LME Group Fees And Charges 2023

Date 08/12/2022

This Notice sets out the fees and charges for LME and LME Clear (together the “LME Group”) that will take effect from 1 January 2023.

Euronext Announces December 2022 Quarterly Review Results Of The CAC® Family

Date 08/12/2022

Euronext today announced the results of the quarterly review for the CAC® family indices, which will take place after markets close on Friday 16 December 2022 and be effective from Monday 19 December 2022.

Remarks Before the Investor Advisory Committee, SEC Chair Gary Gensler, Washington D.C.

Date 08/12/2022

Good morning. Once again, it is good to be back with the Investor Advisory Committee. As is customary, I would like to note that my views are my own and that I am not speaking on behalf of the Commission or SEC staff.

EBA Launches Consultation To Amend The Data Collection For The Benchmarking Exercise In 2024

Date 08/12/2022

The European Banking Authority (EBA) publishes today a consultation paper to amend the Implementing Regulation on the benchmarking of credit risk, market risk and IFRS9 models for the 2024 exercise. The most significant change is the roll out of the data collection for the benchmarking of accounting metrics (IFRS9) to high default portfolios (HDP). For market risk it is proposed to add new templates for the collection of additional information, notably the Default Risk Charge (DRC) and the Residual Risk Add-On (RRAO). For credit risk, only minor changes are proposed. 

FTSE Russell And Ping An launch FTSE Ping An China ESG Index Series

Date 08/12/2022

• Strategic partnership aims to advance the expansion of sustainable investing in China
• The FTSE Ping An China ESG Index Series combines Ping An’s ESG data and ratings into FTSE Russell’s leading China indexes
• Enables investors to access opportunities and orient capital towards companies with strong ESG performance

Request For Feedback On Proposed Amendments To The LME Responsible Sourcing Policy

Date 08/12/2022

The London Metal Exchange (“LME”) is requesting feedback to proposed minor amendments to the LME Policy on Responsible Sourcing of LME-Listed Brands (“the Policy”) and associated compliance documents, including the Red Flag Assessment Template and Secondary Materials Sourcing Attestation Form.

Euronext Announces December 2022 Quarterly Review Results Of The ISEQ® Family

Date 08/12/2022

Euronext today announced the results of the quarterly review for the ISEQ 20®, ISEQ 20® Capped and ISEQ® Small, which will be implemented after markets close on Friday 16 December 2022 and will be effective from Monday 19 December 2022.