News Centre

BIS - Bottlenecks: Causes And Macroeconomic Implications

Date 11/11/2021

Key takeaways

• Bottlenecks in the supply of commodities, intermediate goods and freight transport have given rise to volatile prices and delivery delays.
• Bottlenecks started out as pandemic-related supply disruptions amid strong demand from the global economic recovery. But they have been aggravated by the attempts of supply chain participants to build buffers in already lean production networks – so-called bullwhip effects.
• Bottlenecks have been particularly severe in upstream industries – ie those that supply inputs used in many other products. These constraints have led to large international spillovers through global value chains.
• The direct inflationary effect of bottlenecks will likely be limited after relative prices have adjusted. However, sustained inflationary pressures could emerge if bottlenecks persist long enough to trigger an upward shift in wage growth and inflation expectations.

finova Integrates Cloud-Based Apprivo2 Platform, Following BEP Acquisition - Platform Will Support Lenders With Digital Customer Onboarding Facilitates Complex Affordability Modelling For Lenders

Date 11/11/2021

Fintech provider finova, which is backed by Norland Capital, has today announced the addition of the Apprivo2 platform to its suite of solutions. Apprivo2 is a configurable SaaS banking originations platform, designed for lenders operating a multi-sales channel model.

BIS: Basel Committee Finalises Revisions To Market Risk Disclosure Requirements And Voluntary Disclosure Of Sovereign Exposures

Date 11/11/2021

• Revisions to market risk disclosure requirements reflect changes to the minimum capital requirements for market risk published in January 2019.
• Voluntary disclosure standards for sovereign exposures set out templates for banks when disclosing their sovereign exposures and risk-weighted assets.
• The revised market risk disclosure requirements come into effect on 1 January 2023.

Bank Of England: Minutes Of The SONIA Stakeholder Advisory Group - 20 October 2021

Date 11/11/2021

The SONIA Stakeholder Advisory Group supports the Bank’s administration of SONIA by providing advice and technical input to the Bank and the SONIA Oversight Committee. The minutes of the SONIA Stakeholder Advisory Group meetings are published.

Moscow Exchange: Risk Parameters Change For The Security SNGS - Update 1 And 2

Date 11/11/2021

Please follow the links below to access the information:

Risk parameters change for the security SNGS
Risk parameters change for the security SNGS

MIAX Options Exchange - Interface Specification Update To Support Complex Stock Tied Orders Up To 4 Decimal Places

Date 11/11/2021

The MIAX Options Exchange has published an updated Fix Order Interface (FOI) Specification supporting Complex Stock Tied Orders with a net price of up to 4 decimal places.  MIAX Options plans to activate this change early in the first quarter of 2022, pending SEC approval.  Firms are encouraged to ensure conformance to the MIAX Options’ market data specifications existing support of prices to 4 decimal places.  Complex Orders without Stock and Simple Orders will continue to support prices of up to 2 decimal places.  

Nasdaq Launches Retail Trading Activity Tracker, Available Via Nasdaq Data Link

Date 11/11/2021

• Providing transparency into a meaningful segment of today’s financial markets and immediate availability of daily and historical retail trading activity

Moscow Exchange: Risk Parameters Change For The Security SNGS - Update

Date 11/11/2021

As per the Securities market risk parameters methodology, on 11.11.2021, 18-04 (MSK) the upper bound of the price band (up to 38.93) and initial margins (up to 21 %) for the security SNGS were changed. New values are available here

Borsa İstanbul’s Opening Bell Rang For Ulusal Faktöring A.Ş.

Date 11/11/2021

Receiving 23,9 times the demand for the Initial Public Offering (IPO), Ulusal Faktöring A.Ş. listed in Borsa İstanbul with the Opening Bell Ceremony held on November 11, 2021. Started to be traded in the BIST Main with the ticker code “ULUFA”, Ulusal Faktöring A.Ş. aims to provide financial support for more SMEs with the IPO revenue.

Bank Of England: Letter From Sir Jon Cunliffe, Deputy Governor, Financial Stability, To Firms On Distribution Of Profits

Date 11/11/2021

This letter provides an update to the June 2020 letter.