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Shanghai International Energy Exchange Has Released Its Notice On Approving PetroChina Fuel Oil Co., Ltd. To Give Up The Qualification Of Crude Oil Futures Depot Of Ningbo Daxie Warehousing Branch

Date 23/03/2021

Shanghai International Energy Exchange has released its Notice on Approving PetroChina Fuel Oil Co., Ltd. to Give Up the Qualification of Crude Oil Futures Depot of Ningbo Daxie Warehousing Branch as follows:

This is to acknowledge our receipt of the application of PetroChina Fuel Oil Co., Ltd. for giving up the qualification of crude oil futures depot of Ningbo Daxie Warehousing Branch. None of the futures commodities is currently in the depot.
DIFC Recognised By The World Alliance Of International Financial Centres

Date 23/03/2021
- DIFC unanimously approved to join the Alliance
- Provides DIFC with collaboration opportunities with a number of top ten global financial centres and other financial cities acheive their potential
- DIFC will focus on driving the future of finance with members – including areas such as FinTech, innovation, sustainable finance and developing digital economies
Testimony Of Janet L. Yellen, Secretary, U.S. Department Of The Treasury, Before The Committee On Financial Services, U.S. House Of Representatives, March 23, 2021

Date 23/03/2021

Chairwoman Waters, Ranking Member McHenry, members of the Committee, thank you for having me.
The Economic Outlook And Prospects For Small Business, Federal Reserve Governor Michelle W. Bowman, At The Economic Club of Oklahoma, Oklahoma City, Oklahoma (via Webcast)

Date 22/03/2021

Thank you, Doug, and thank you to the members of the Economic Club of Oklahoma for the opportunity to speak about a subject of vital interest to all of us—the outlook for the U.S. economy in 2021. Our nation has made considerable progress since COVID-19 hit the economy with great force a year ago, but we still have further to go, and risks remain.
FINRA - New Research: Lonely Older Adults With Low Cognition At Greater Risk For Poor Financial And Healthcare Decision Making

Date 22/03/2021

The harmful consequences of Americans’ prolonged social isolation due to the coronavirus pandemic may be even greater for lonely older adults with low cognition. These individuals are at high risk for poor financial and healthcare decision making, according to new research from the FINRA Investor Education Foundation, the Indiana University School of Medicine and the Rush Alzheimer’s Disease Center.

Coronavirus Aid, Relief, And Economic Security Act: Federal Reserve Chair Jerome H. Powell, Before The Committee On Financial Services, U.S. House Of Representatives

Date 22/03/2021

Chairwoman Waters, Ranking Member McHenry, and other members of the Committee, thank you for the opportunity to discuss the measures we have taken to address the hardship wrought by the pandemic.
SIFMA Statement On Board Diversity Bill

Date 22/03/2021

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, supporting legislation introduced by Congressman Gregory W. Meeks (D-NY) and co-sponsored by Senator Robert Menendez (D-NJ) that would require public companies to disclose the race, ethnicity, gender, and veteran status of their board members, nominees and executive officers.
Cabinet Trading On The BOX Trading Floor

Date 22/03/2021

Effective April 5, 2021, BOX Options Market (“BOX”) will begin accepting opening cabinet orders on the BOX Trading Floor. Additionally, cabinet orders will now execute electronically pursuant to Rule 7600 series.
EBA: Isabelle Vaillant Speaks At The Institute For International And European Affairs Event

Date 22/03/2021

Isabelle Vaillant, Director of the Prudential Regulation and Supervisory Policy department at the EBA, provided a regulatory perspective on the reforms that are required to complete the banking union at a webinar on “Completing the Banking Union: next steps and challenges ahead”, organised by the Institute for International and European Affairs. In her speech, Isabelle Vaillant, highlighted the importance of the reforms carried out in the period after the Global Financial Crisis and how a decade of work and strengthening of the framework has contributed to a more stable EU banking system.
Keynote Remarks: Federal Reserve Vice Chair For Supervision Randal K. Quarles, At "The SOFR Symposium: The Final Year," An Event Hosted By The Alternative Reference Rates Committee, New York, New York (Via Webcast)

Date 22/03/2021

I am pleased to join this first symposium being held by the Alternative Reference Rates Committee (ARRC) to mark the key year of the LIBOR transition. I have had a vantage point in supporting this transition in my roles both as Chair of the Financial Stability Board (FSB), which convened the Official Sector Steering Group in 2013 to coordinate global benchmark rate reform efforts at the request of the Group of Twenty, and as a member of the Federal Reserve Board, which convened the ARRC in 2014 under the auspices of then-Governor Jay Powell. Since these groups were first formed, we have seen great progress in building markets and infrastructures designed to facilitate the transition. This year, however, it is finally time for everyone to actively transition away from using LIBOR.