Letter from the Governor to the ChancellorOpens in a new window
Letter from the Chancellor to the GovernorOpens in a new window
Date 12/11/2024
Date 12/11/2024
The European Banking Authority (EBA) today launched a consultation on its draft Guidelines that will specify proportionate retail diversification methods to be eligible for the preferential risk weight under the standardised approach for credit risk. The Consultation paper follows the recommendations from the EBA Advisory Committee on Proportionality for 2024 in the credit risk area The consultation runs until 12 February 2025.
Date 12/11/2024
When trouble strikes, firms need to get a grip on their derivatives exposures quickly. That can mean having to scour hundreds of pages of paper or PDF documents to determine what options are available, a grueling process that can take time. But in volatile, fast-moving markets, delays cost money. There is a better way. A digital approach to documentation allows firms to zero in on critical clauses at the push of a button. And the latest upgrades to the ISDA MyLibrary digital documentation platform mean that process has become easier than ever before.
Date 12/11/2024
UK financial regulators have confirmed new rules to bolster the resilience of technology and other third parties providing key services to financial firms.
Date 12/11/2024
Thank you for inviting me to speak here today. The Clearing House is a great place to talk about the evolution of clearing and settlement of payments in the United States. The key question I want to address today is, what roles should the private sector and the Federal Reserve play in payments?
Date 12/11/2024
The European Banking Authority (EBA) today released the final methodology, draft templates, and template guidance for the 2025 EU-wide stress test, along with the milestone dates for the exercise. The methodology and templates cover all relevant risk areas and incorporate feedback received from the industry. The stress test exercise will formally start in January 2025, following the release of the macroeconomic scenarios, with the results scheduled for publication in early August 2025.
Date 12/11/2024
LSEG is pleased to announce the launch of its new Palm Oil Tanker Freight Assessment, designed to address shifting market dynamics and foster the growth of the sustainable fuel trade. Developed by LSEG’s Agriculture & Shipping Research teams in collaboration with a panel of leading shipbrokers, this new assessment will provide critical freight rate data to the industry.
Date 12/11/2024
Date 12/11/2024
TransferTo, a Singapore-based global technology group, and Ecobank Group, the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa.
Date 12/11/2024
Management of Y.H. Dimri Construction and Development opened trading this morning in celebration of its joining TASE’s flagship index, TA-35.