News Centre

EU-UK Relations: European Parliament Adopts Temporary Contingency Measures

Date 18/12/2020

On Friday, Parliament adopted measures to ensure basic road and air connections in case no agreement is reached on EU-UK future relations.

SEC Issues Multiple Whistleblower Awards Totaling Over $3.6 Million

Date 18/12/2020

The Securities and Exchange Commission today announced whistleblower awards in connection with three separate enforcement actions totaling over $3.6 million.

EU-UK: MEPs Still In Favour Of Agreement, But Welcome No-Deal Preparations

Date 18/12/2020

During the debate with Commission Vice-President Maroš Šefčovič and EU chief negotiator Michel Barnier, almost all speakers stressed that the Parliament prefers to sign a deal with the UK, but not at the cost of endangering the integrity of the single market.

Finansinspektionen: Financial Firms Must Be Restrictive With Dividends Until September 2021

Date 18/12/2020

In light of the economic uncertainty caused by the ongoing coronavirus pandemic, FI expects banks, including credit institutions and other financial firms such as insurance companies, to be restrictive with dividends and share buybacks until 30 September 2021. During this period, total dividends from and buybacks by the banks should not exceed 25 per cent of their aggregate net earnings for the two financial years 2019–2020.

Nigerian Stock Exchange Weekly Market Report For December 18th 2020

Date 18/12/2020

A total turnover of 1.893 billion shares worth N17.647 billion in 20,660 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 2.265 billion shares valued at N20.990 billion that exchanged hands last week in 23,722 deals.

Strengthening The Financial System To Meet The Challenge Of Climate Change, Federal Reserve Governor Lael Brainard At "The Financial System & Climate Change: A Regulatory Imperative" Hosted By The Center For American Progress, Washington, D.C.

Date 18/12/2020

I want to thank the Center for American Progress for inviting me to join you in discussing climate change and the U.S. financial system.1 Let me start by noting these are my own views and do not necessarily reflect those of the Federal Reserve Board or the Federal Open Market Committee.

More Than $2 Million Worth Of Bitcoin Pledged To Utopia Open Platform IEO In First 24 Hours

Date 18/12/2020

Utopia Genesis Foundation, the organization formed to support the development of an open platform for the music industry, announced today that its first token event on Bitfinex Token Sales has received more than $2 million worth of Bitcoin pledges from participants within the first 24 hours of its commencement. 

ESMA Registers DTCC Data Repository (Ireland) Plc As Trade Repository Under EMIR And SFTR

Date 18/12/2020

The European Securities and Markets Authority (ESMA), the EU supervisor of trade repositories (TRs), has registered today DTCC Data Repository (Ireland) PLC as a TR under the European Market Infrastructure Regulation (EMIR) and the Securities Financing Transactions Regulation (SFTR), with effect from 23 December 2020.

Moscow Exchange: Risk Parameters Change On Derivatives Market During Holiday On Foreign Exchanges

Date 18/12/2020

Due to holiday on foreign exchanges on December, 25 CCP NCC sets the following risk parameters on Derivatives market:

1. Brent and Light Sweet Crude Oil futures

BIS: Regulatory Capital, Market Capital And Risk Taking In International Bank Lending

Date 18/12/2020

Summary

Focus

When interest rates decline, banks tend to chase yield by issuing risker loans. Yet the degree to which banks do this varies considerably. What explains the differences across banks? One possible explanation relates to differences in regulatory and market capital. Regulatory capital gauges how close a bank is to breaching the regulatory capital threshold. Market-based capital measures how much "skin in the game" a bank's shareholders have.