News Centre

Regulation For A Different World - Speech By Our CEO, Nikhil Rathi, Delivered At Association Of Foreign Banks – CEO Programme 2021 – The UK Regulatory Landscape Post-Brexit And Beyond

Date 06/05/2021

Highlights

• The FCA will continue to be a regulator that supports open, competitive markets with responsible innovation.
• Our regulation of overseas firms is aimed at achieving the same high standards of conduct and behaviour as our regulation of domestic firms, and ensuring a level playing field.  
• International regulatory cooperation with other supervisors and global standard-setting bodies is ever more vital – working towards the same outcomes as other regulators allows us to defer to each other more and avoid duplication of regulatory requirements.  
• We recognise the increased flexibility that is available to the UK following exit from the European Union and will use this for the benefit of UK financial markets and consumers.
• Other key areas of focus in international regulation include ESG and the sustainability agenda, and dealing with financial crime.

Canadian Credit Unions Select Fiserv To Meet Rapidly Changing Member Needs - HMECU, Northern Savings Credit Union And TCU Financial Group Leverage Technology From Fiserv To Accelerate Digital Transformation With Support From Celero

Date 06/05/2021

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Healthcare & Municipal Employees' Credit Union (HMECU), based in Hamilton, Ontario, Northern Savings Credit Union, based in Prince Rupert, British Columbia and TCU Financial Group based in Saskatoon, Saskatchewan, will use Fiserv technology to modernize operations and drive innovation.

Neuravest Expands Team With New Head Of Data And Strategy Hire - Wall Street Veteran JP Gravitt Will Spearhead The Opening Of Company’s New York City Office

Date 06/05/2021

Neuravest Research, a provider of AI-driven model portfolio solutions for institutional investors, today announced the hire of JP Gravitt as Head of Data and Strategy. Gravitt will spearhead the opening and staffing of Neuravest’s New York City office.

Euronext Announces Volumes For April 2021

Date 06/05/2021

Euronext, the leading pan-European market infrastructure, today announced trading volumes for April 2021.

IOSCO Reviews Implementation Of Recommendations And Standards On BCPs For Trading Venues And Market Intermediaries

Date 06/05/2021

The Board of the International Organization of Securities Commissions today published a Thematic Review (‘Review’) on the extent to which participating IOSCO member jurisdictions have implemented regulatory measures consistent with the two Recommendations and the two Standards set out in the 2015 IOSCO reports on Business Continuity Plans (BCPs) for Trading Venues and Market Intermediaries.

EGX Launches Its New Bonds Trading System

Date 06/05/2021

The Egyptian Exchange (EGX) developed a new system of trading government bonds in cooperation with the Central Bank of Egypt and the Ministry of Finance.  The new system provides pricing information, supply and demand information allowing increase in trading rates, which in turn help build a yield curve and develop new investment indicators and products.
 

Saudi Securities Depository Centre Company (Edaa) Announces The Approval Of International Central Securities Depositories Instructions

Date 06/05/2021

The Securities Depository Centre Company (Edaa) announces the issuance of the Capital Market Authority’s Board resolution number (1-57-2021) Dated 22/9/1442H corresponding to 4/5/2021G approving the following:

Moscow Exchange: Risk Parameters Change For The Security RU000A0ZZ1H2

Date 06/05/2021

As per the Securities market risk parameters methodology, on 06.05.2021, 13-54 (MSK) the upper bound of the price band (up to 95.87) and initial margins (up to 10 %) for the security RU000A0ZZ1H2 were changed. New values are available here

NSE Indices Fixed Income Index Dashboard For The Month Ended April 2021

Date 06/05/2021

Click here to download the NSE 'Fixed Income Index Dashboard' for the month ended April 2021. 

Bank Of England: Bank Rate Maintained At 0.1% - May 2021 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 06/05/2021

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 5 May 2021, the Committee judged that the existing stance of monetary policy remained appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted by a majority of 8-1 for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these government bond purchases at £875 billion and so the total target stock of asset purchases at £895 billion.