News Centre

The EBA Continues To Call On Banks To Apply A Conservative Approach On Dividends And Other Distributions In Light Of The COVID-19 Pandemic

Date 16/12/2020

In its 12 March statement, the EBA urged banks to follow conservative distribution policies and use capital for ensuring the continuous financing of the economy. Banks in the European Union have been able to continue supporting businesses and mostly remained with strong levels of capitalisation. However, given that the COVID-19 crisis and the uncertainty on its impact on the economy are likely to continue, with possible further deterioration of asset quality metrics over the next quarters, the EBA urges banks to refrain from distributing capital outside the banking system when deciding on dividends and other distribution policies, including share buybacks, unless extreme caution is applied.

Nasdaq Announces Semi-Annual Changes To The Iceland 10 Index

Date 16/12/2020

Nasdaq (Nasdaq:NDAQ) announced today the results of the semi-annual review of the OMX Iceland 10 Index, (Nasdaq Iceland: OMXI10), which will become effective at market open on Monday, January 04, 2021.

EBA Publishes Final Technical Standards To Ensure Effective Application Of Stay Powers Under The BRRD

Date 16/12/2020

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on the contractual recognition of stay powers. The technical standards provide further specification of essential elements to ensure the effectiveness of the resolution regime established by the Bank Recovery and Resolution Directive (BRRD). These standards are part of the EBA's major programme of work to implement the BRRD and address the problem of too-big-to-fail banks.

UK Financial Conduct Authority : Insider Dealing Convictions Upheld By The Court Of Appeal

Date 16/12/2020

Today the Court of Appeal (Criminal Division) upheld the convictions of Fabiana Abdel-Malek and Walid Choucair for insider dealing.

MIAX Options Exchange - Revised December 16th SPIKE Settlement Price

Date 16/12/2020

Please be advised that the MIAX Options Exchange has revised the SPIKE December 16, 2020 settlement price (SPKCS) from $33.14 to $23.02.

Market Commentary From Bitfinex On Bitcoin Surpassing USD20,000

Date 16/12/2020

“Bitcoin’s ascent above USD 20,000 is yet another milestone in what has been an epic year for crypto, but the main story is not about speculation or trading. Bitcoin represents a monumental technological shift, the consequences of which are only just beginning to be seen. Critics should take heed of the quiet dedication of those building layers upon this technology that will change the very nature of money by the end of this decade.”

Bitcoin Hits All-Time High, Surging Past USD20,000: deVere Crypto Exchange

Date 16/12/2020

Bitcoin reached an “all-time price high” by surging past $20,000 on Wednesday afternoon on the deVere Crypto exchange, it is revealed.

Fiserv Enhances Digital Experiences With Acquisition Of Ondot - Complementary And Comprehensive Portfolio Of Digital Capabilities Will Enable Fiserv Clients To Deliver Seamlessly Integrated, Enriched And Frictionless Financial Services

Date 16/12/2020

 Fiserv, Inc. (NASDAQ: FISV) (“Fiserv”), a leading global provider of financial services technology solutions, today announced that it has signed a definitive agreement to acquire Ondot Systems, Inc. (“Ondot”), a leading digital experience platform for financial institutions. The transaction will further expand Fiserv digital capabilities, enhancing its suite of integrated solutions to enable clients of all sizes to deliver frictionless, digital-first and personalized experiences to their consumers.

Bitcoin Passes USD20,000 - "Interest In Crypto Will Be Reignited Over Christmas" - Comment From Crimson Black Capital

Date 16/12/2020

Commenting on the news that Bitcoin has surpassed the USD20,000 mark for the first time, Ayush Ansal, CEO of the hedge fund, Crimson Black Capital, said:

“After being in a wasteland since the infamous bull run of late 2017, crypto, and Bitcoin in particular, are back."

Statement On Adoption Of Resource Extraction Disclosure Rules, SEC Chairman Jay Clayton, Dec. 16, 2020

Date 16/12/2020

Good morning.  This is an open meeting of the U.S. Securities and Exchange Commission on December 16, 2020, under the Government in the Sunshine Act.