News Centre

Canadian Securities Regulators Modernize Registration Information Requirements, Clarify Outside Activity Reporting And Update Filing Deadlines

Date 16/12/2021

The Canadian Securities Administrators (CSA) today published final amendments to establish a more efficient registration and oversight process for firms, individuals and regulators by simplifying and streamlining certain regulatory requirements. The changes also provide firms and individuals with greater clarity on the information required as part of the registration process, while improving the quality of information received by regulators.

American Financial Exchange® Reaches Record Volume Levels On AMERIBOR® Benchmark, Trading More Than $1.5 Trillion Dollars In Value Since Inception

Date 16/12/2021

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced a record volume milestone on December 9, reaching $1.5 trillion transacted since its inception in 2015, surpassing the $1 trillion level reached in June 2020.

CME Plans To Convert Eris Libor To SOFR

Date 16/12/2021

• On December 13, CME released its Conversion Proposal for Eris Libor Products on its website, cmegroup.com/swapfutures
• The proposal calls for CME to convert remaining Eris Libor positions to Eris SOFR contracts in June 2023
• As Eris SOFR Swap Futures are indexed to the benchmark Secured Overnight Financing Rate and will be backed by CME Portfolio Margining, the plan provides Eris Libor position holders increased assurance of a smooth transition during the upcoming Libor cessation

Moscow Exchange: Expiration Prices Determined For December MOEX Index Futures And Reliminary Parameters For The Start Of Trading In Positive Group Ordinary Shares

Date 16/12/2021

Please follow the links below to access the information:

Expiration prices determined for December MOEX index futures
Preliminary parameters for the start of trading in Positive Group ordinary shares

CME Swaps/Futures Portfolio Margining To Reduce Margin Up To 90%

Date 16/12/2021

• Participants can now use CME CORE (New Release) to model savings from Portfolio Margining (PM) of Eris SOFR Swap Futures and CME cleared swaps
• Targeted for launch in Q1 2022, PM will reduce initial margin up to 90%

Moscow Exchange: Risk Parameters Change For The Security PFE-RM

Date 16/12/2021

As per the Securities market risk parameters methodology, on 16.12.2021, 20-45 (MSK) the upper bound of the price band (up to 4671) and initial margins (up to 16.25 %) for the security PFE-RM were changed. New values are available here

Eris Sets New Daily Volume Record Of 108,758 Contracts

Date 16/12/2021

• Eris Swap Futures set a new daily record of 108,758 contracts traded on Tuesday, December 7
• Coming just ahead of the year-end deadlines for Libor usage, the record surpasses the previous record of 105,925 set June 8
• As of December 14, total Eris open interest stands at 409,805, an increase of 94% year-to-date

EBA Strengthens AML/CFT Supervision In The EU Through Revised Guidelines And Enhanced Cooperation

Date 16/12/2021

The European Banking Authority (EBA) published today its revised Guidelines on risk-based supervision of credit and financial institutions’ compliance with anti-money laundering and countering the financing of terrorism (AML/CFT) obligations. The Guidelines set out the steps supervisors should take to ensure adequate AML/CFT oversight of their sector and support the adoption, by credit and financial institutions, of effective ML/TF risk management policies and procedures.  The EBA decided to update and strengthen these Guidelines in light of the findings from its ongoing work to review competent authorities’ approaches to AML/CFT supervision. These findings suggest that some competent authorities found the implementation of the risk-based approach to AML/CFT supervision challenging.

Moscow Exchange: Risk Parameters On Securities Market

Date 16/12/2021

CCP NCC sets the following risk parameters on Securities market starting from 17.12.2021:

Exchange Of Letters Between The Governor Of The Bank Of England And The Chancellor Regarding CPI Inflation - December 2021

Date 16/12/2021

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.