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SZSE Issues No. 1 Guidelines Of Shenzhen Stock Exchange For Securities Investment Fund Business - Index Fund Development

Date 26/01/2021

On January 22, SZSE officially issued No. 1 Guidelines of Shenzhen Stock Exchange for Securities Investment Fund Business - Index Fund Development (the Development Guidelines), which came into effect on 1 February, 2021. This is an important institutional arrangement for further improving index fund regulation rules, giving better play to the attribute of the index fund as an asset allocation tool and effectively promoting the healthy and stable development of the fund market.

Unlisted Public Companies Need To Comply With Requirements In Securities Commission Malaysia’s Prospectus Guidelines And Securities Laws

Date 26/01/2021

The Securities Commission Malaysia (SC) today reminded unlisted public companies (UPCs) seeking to raise funds from members of the public to comply with the Capital Markets and Services Act 2007 (CMSA) and relevant guidelines, especially when the offer is made to retail investors.

SIFMA Statement On Confirmation Of Treasury Secretary Yellen

Date 25/01/2021

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the confirmation of U.S. Treasury Secretary Janet Yellen:

“We congratulate Dr. Yellen on her confirmation as Treasury Secretary and SIFMA and our members look forward to working with the Secretary to ensure our nation’s capital markets play their part in fueling economic growth and job creation.”

New Zealand Financial Markets Authority: ASX 24 Derivatives Market Review Released

Date 25/01/2021

The Financial Markets Authority (FMA) has published the findings of its obligations review of the ASX 24 derivatives market for the period of 1 July 2018 to 30 June 2020.

IMF Executive Board Approves A US$20.47 Million Emergency Assistance For Guinea-Bissau To Address The COVID-19 Pandemic

Date 25/01/2021

• The IMF approved the disbursement of US$20.47 million under the Rapid Credit Facility (RCF) to help Guinea-Bissau meet urgent balance of payments and fiscal needs stemming from the COVID-19 pandemic.
• The IMF assistance will help support critical spending in health, social protection and investment to underpin the recovery as well as catalyze additional donor resources.
• The authorities have responded quickly to a very severe shock, scaling up health-related spending, deploying containment and mitigation measures, along with a commitment to enhanced transparency.

Climate Change And Central Banking - Keynote Speech By Christine Lagarde, President Of The ECB, At The ILF Conference On Green Banking And Green Central Banking

Date 25/01/2021

In the famous fable “Belling the Cat”,[1] a group of mice gather to discuss how to deal with a cat that is eating them one by one. They hatch a plan to put a bell on the cat so they can hear it coming and escape before being caught. When it comes to who will actually do it, however, each mouse finds a reason why they are not the right mouse for the job, and why another mouse should do it instead. The cat never does receive a bell – and the story ends poorly for the mice.

ISDA: New IBOR Fallbacks Take Effect For Derivatives

Date 25/01/2021

New fallbacks for derivatives linked to key interbank offered rates (IBORs) have come into effect today, ensuring a viable safety net is in place in the event an IBOR becomes permanently unavailable while firms continue to have exposure to that rate.

ECB Sets Up Climate Change Centre

Date 25/01/2021

• New unit, operational as of early 2021, to strengthen and bring together ECB work on climate
• Decision reflects growing importance of climate change for the economy and the ECB’s policy
• Climate change centre will shape and steer climate agenda

Cboe To Introduce New Choice Program For ETP Lead Market Makers, Beginning February 1

Date 25/01/2021

• Designed to help further enhance market quality for Cboe Listed ETPs
• Aims to provide lead market makers with greater choice and flexibility in selecting an incentive model
• New program is developed in close consultation with ETP industry participants
• Builds upon success of Cboe's previous LMM incentive offerings

MOEX Free Float Methodology Change

Date 25/01/2021

On 9 February 2021, a new version of the Moscow Exchange Free Float Methodology will come into force. Some editorial changes have been made throughout the text of the document as well.