News Centre

U.S. Department Of The Treasury: Testimony Of Kimberly A. Clausing, Deputy Assistant Secretary, Tax Analysis, Before The Senate Committee On Finance

Date 25/03/2021

Chairman Wyden, Ranking Member Crapo, Members of the Committee: Thank you for inviting me to share these views on the international aspects of business tax reform. International tax reform feeds into our most important tax policy goals: building a tax system that is fit for purpose, fair, and focused on the needs of all Americans.

FX HedgePool Matches First Quarterly IMM Trades

Date 25/03/2021

FX HedgePool, the matching engine for mid-market execution of FX swaps, has completed its first match aligned with International Monetary Market (IMM) dates. With this initial transaction, which involved BNP Paribas and Standard Chartered Bank as the credit providers to the buy-side counterparties, FX HedgePool is introducing discrete FX matching sessions based on each quarterly IMM date.

UK Financial Conduct Authority Reminds Consumers Financially Impacted By Coronavirus Of The Support Available

Date 25/03/2021

As the deadline to apply for a payment deferral ends on 31 March 2021, the FCA wants to reassure consumers in financial difficulty that support will continue to be available under the Tailored Support Guidance (TSG).

March Sees Volumes Drop And Investment Inflows Slow: CryptoCompare

Date 25/03/2021

CryptoCompare has just released its latest Digital Asset Management Review, a monthly report that focuses on key developments in global digital asset ETPs and tracks adoption of these products by analysing assets under management, trading volumes, and price performance.

Financial Services Profession’s Confidence In The UK’s Economic Prospects Has Grown, Says Latest CISI Survey

Date 25/03/2021

The financial services profession’s confidence in the UK’s economic prospects has increased in the last six months, according to the latest survey by the Chartered Institute for Securities & Investment (CISI).

Fraud - The Facts 2021 Report: Expert Comment From LexisNexis Risk Solutions

Date 25/03/2021

Dan Holmes, Director, Solutions Consulting EMEA at LexisNexis Risk Solutions comments on the UK’s growing ‘Authorised push payment’ (APP) fraud challenge, following the latest fraud announcement from UK Finance:

“Authorised push payment (APP) fraud grew exponentially in what was an unprecedented 2020. 

One undeniable impact of the pandemic was the accelerated increase in online adoption. However, an untimely consequence of this growth was that those consumers forced online did not always possess the technical savviness required to stay safe. This opened the door for fraudsters; at an elementary level, more customers online means an increased opportunity for APP fraud.

Bank Of England: Minutes Of The SONIA Stakeholder Advisory Group - 25 February 2021

Date 25/03/2021

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 BIDU-RM

Date 25/03/2021

As per the Securities market risk parameters methodology, on 25.03.2021, 14-57 (MSK) the lower bound of the price band (up to 16432) and initial margins (up to 21.25 %) for the security BIDU-RM were changed. New values are available here

Qatar Stock Exchange announces: QNB Financial Services Will Start Liquidity Provision Activity For Qatar Navigation (QNNS) From Thursday, First Of April 2021

Date 25/03/2021

Qatar Stock Exchange announces that QNB Financial Services (QNBFS) Has signed a liquidity provision agreement with Qatar Navigation (QNNS). QNBFS will start liquidity provision activity for Qatar Navigation (QNNS) from Thursday, 1 April 2021.

“Innovation In Central Banking – Seizing Opportunities, Securing Our Future” - Remarks By Ms Jacqueline Loh, Deputy Managing Director (Corporate Development), Monetary Authority Of Singapore, At BIS Innovation Summit On 25 March 2021

Date 25/03/2021

Introduction

1.      Good morning, good afternoon and good evening – depending on where you may be attending this global event from. I congratulate the BIS on the success of this inaugural BIS Innovation Summit; which demonstrates the central banking community’s strong commitment to innovation, so that we may better serve our stakeholders.