News Centre

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 18/03/2021

The following coefficients for Moscow Exchange indices come into force from March 19, 2021:

EBA Consults On Its Revised Guidelines On Recovery Plan Indicators

Date 18/03/2021

• The revised Guidelines provide a common EU standard for the recovery plan indicators to ensure they can promptly signal a stressed situation and enable the institution to consider timely and effective recovery actions.
• The key objective of the revised Guidelines is to strengthen the quality of the recovery indicators framework in order to ensure institutions’ effective crisis preparedness.
• The amendments of the revised Guidelines introduce few changes to the minimum list of recovery indicators and focus on practical aspects such as calibration of the thresholds of recovery plan indicators and their monitoring.

Experts: U.S. Supreme Court Ruling In Goldman Sachs Case Could Have “Devastating Consequences” For Investors, Market Confidence - With Oral Arguments Less Than 2 Weeks Away, Stark Implications Seen For Investors In Outcome Of Goldman Sachs Group Inc. V. Arkansas Teacher Retirement System

Date 18/03/2021

Will the U.S. Supreme Court allow investors defrauded by Goldman Sachs during the financial crisis to have their day in court?  Or, will the Court rule in favor of Goldman Sachs and, in so doing, create a roadmap that publicly traded companies can use to make false and misleading statements that will harm Main Street investors and dramatically undermine market confidence by making it impossible for any investor to rely on the public statements of companies?

UK Financial Conduct Authority: Update On Trial Dates In Criminal Cases

Date 18/03/2021

Northamptonshire insider dealing prosecution

At a plea and trial preparation hearing at Southwark Crown Court on 11 March 2021, a date was set for the trial of Stuart Bayes and Jonathan Swann.

Closing Remarks, Federal Reserve Chair Jerome H. Powell, At "Pushing The Frontiers Of Payments: Towards Faster, Cheaper, More Transparent And More Inclusive Cross Border Payments," A Conference Hosted By The Committee On Payments And Market Infrastructures, Basel, Switzerland (Via Prerecorded Video)

Date 18/03/2021

I would like to thank Sir Jon Cunliffe and the Committee on Payments and Market Infrastructures (CPMI) for inviting me to close out the first day of this conference on pushing the frontiers of payments.

ARRC Announces Refinitiv As Publisher Of Its Spread Adjustment Rates For Cash Products

Date 18/03/2021

The Alternative Reference Rates Committee (ARRC) announced today that it has selected Refinitiv, an LSEG (London Stock Exchange Group) business, to publish its recommended spread adjustments and spreadadjusted rates for cash products, following a robust request for proposals (RFP) process. Refinitiv will publish ARRC-recommended spread adjustments to Secured Overnight Financing Rate (SOFR)-based rates and spread-adjusted SOFR-based rates for cash products that transition away from U.S. dollar (USD) LIBOR. 

MOEX Indices To Use A New Ticker For JSC OR Shares

Date 18/03/2021

MOEX will change a ticker for PJSC OR shares in Broad Market Indices (MOEXBMI and RUBMI) and Consumer Sector Indices (MOEXCN and RTScr) starting from 26 March 2021. The new ticker, ORUP, replaces OBUV.

From Regulator To Firm To Consumer: A Virtuous Chain Of Events - Speech By Georgina Philippou, Senior Adviser To The FCA On The Public Sector Equality Duty, Delivered At The Building Ethnic Diversity And Inclusion In Investment Management - Report Launch

Date 18/03/2021

Highlights

• It’s important for us to get this right as an employer, in order that we can lead by example and get it right as a regulator.
• Our work on firm culture is seeking to ensure cultures are purposeful and safe, and they support environments that are diverse and inclusive.
• In keeping with our responsibilities under the Public Sector Equality Duty we use Equality Impact Assessments as part of our policy making to ensure that we make policy which benefits a diverse population.

New IRSG Report: Commitment To Global Regulatory Coherence Essential For Sustainable Economic Recovery

Date 18/03/2021

A new report by the International Regulatory Strategy Group (IRSG), launched today (Thursday 18th March), calls on global stakeholders to reaffirm their commitment to regulatory coherence to support a digital and green pandemic economic recovery.

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

Date 18/03/2021

As per the Securities market risk parameters methodology, on 18.03.2021, 17-10 (MSK) the upper bound of the price band (up to 4798) and initial margins (up to 20 %) for the security GM-RM were changed. New values are available here