News Centre

CFTC Swaps Report Update

Date 21/03/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

Shelter From The Storm: Helping Investors Navigate Climate Change Risk[1], SEC Commissioner Allison Herren Lee, March 21, 2022

Date 21/03/2022

This is a watershed moment for investors and financial markets as the Commission today addresses disclosure of climate change risk – one of the most momentous risks to face capital markets since the inception of this agency. The science is clear and alarming, and the links to capital markets are direct and evident.

Nigerian Exchange: Investors To Earn Over N780bn From Proposed 2021 Dividends

Date 21/03/2022

Following recent proposed dividends from companies listed on Nigerian Exchange Limited (NGX), investors are set to earn over N780 billion for the year 2021.

Statement On Proposed Mandatory Climate Risk Disclosures, SEC Chair Gary Gensler, March 21, 2022

Date 21/03/2022

Today, the Commission is considering a proposal to mandate climate-risk disclosures by public companies. I am pleased to support today’s proposal because, if adopted, it would provide investors with consistent, comparable, and decision-useful information for making their investment decisions and would provide consistent and clear reporting obligations for issuers. 

We Are Not The Securities And Environment Commission - At Least Not Yet, SEC Commissioner Hester M. Peirce, March 21, 2022

Date 21/03/2022

Thank you, Chair Gensler.  Many people have awaited this day with eager anticipation.  I am not one of them.  Contrary to the hopes of the eager anticipators, the proposal will not bring consistency, comparability, and reliability to company climate disclosures.  The proposal, however, will undermine the existing regulatory framework that for many decades has undergirded consistent, comparable, and reliable company disclosures.  We cannot make such fundamental changes to our disclosure regime without harming investors, the economy, and this agency.  For that reason, I cannot support the proposal.

Restoring Price Stability - Federal Reserve Chair Pro Tempore Jerome H. Powell, At "Policy Options For Sustainable And Inclusive Growth" 38th Annual Economic Policy Conference National Association For Business Economics, Washington, D.C.

Date 21/03/2022

Thank you for the opportunity to speak with you today.

Let me first pause to recognize the millions who are suffering the tragic consequences of Russia's invasion of Ukraine.

Finansinspektionen's Head Of Sustainable FinanceJohanna Fager Wettergren: Social Factors Are Important For Sustainable Investments

Date 21/03/2022

“A lot is about common sense; there isn't time to wait for the perfect solutions. This obviously applies to the climate, but it also clearly applies to social issues. Politicians may be equipped with the sharpest tools – but the financial sector has a very important role to play.”

EBA Publishes Final Draft Technical Standards On Default Probabilities And Loss Given Default For Default Risk Model Under The Internal Approach For Market Risk

Date 21/03/2022

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on probabilities of default (PDs) and losses given default (LGDs) for default risk model for institutions using the new Internal Model Approach (IMA) under the Fundamental Review of the Trading Book (FRTB). These final draft RTS specify the requirements for estimating PDs and LGDs using an institution's internal methodology or external sources. These draft RTS are part of the deliverables included in the roadmap for the new market and counterparty credit risk approaches.

Digiterre Appoints Mark Pickering As Director, Energy And Commodities

Date 21/03/2022

Digiterre, a software and data engineering consultancy, today announced the appointment of Mark Pickering as Director, Energy and Commodities. Mark joins Digiterre from CIO Squared, an IT consultancy he founded to serve the Oil & Gas, Energy & Commodities, and financial services sectors.

BIS: Quantitative Forward Guidance Through Interest Rate Projections

Date 21/03/2022

Summary

Focus

Forward guidance on the future path of policy rates has become a key element of central banks' monetary policy toolbox over the past decade. This paper analyses quantitative forward guidance through the publication of interest rate projections, a practice pursued by some inflation targeting central banks.