News Centre

Oxford University Publishes CFTC Chairman Tarbert’s Article On Dodd-Frank’s Derivatives Reforms - Excerpts From Chairman Tarbert’s Article In Oxford’s Journal Of Financial Regulation: “The Enduring Legacy Of Dodd-Frank’s Derivatives Reforms”

Date 07/10/2020

“The Dodd-Frank Act was a momentous and controversial legislative response to the 2007–09 financial crisis. Although some of its provisions have subsequently been challenged in the courts and overturned by a bipartisan Congress, other aspects of the Dodd-Frank Act are likely to stand the test of time. Chief among these are Dodd-Frank’s Titles VII and VIII, which govern derivatives.”

Alternative Investment Management Association Welcomes The Decision Of The European Union To Remove The Cayman Islands From Its List Of Non-Cooperative Jurisdictions For Tax Purposes

Date 07/10/2020

AIMA welcomes the decision of the Council of the European Union to remove the Cayman Islands from the EU list of non-cooperative jurisdictions for tax purposes.

Moscow Exchange: REPO Risk Parameters Change For The Security AFLT - Update 4

Date 07/10/2020

Please follow the links below to access the information:

REPO risk parameters change for the security AFLT
REPO risk parameters change for the security AFLT

Market Structure Partners: Study On The Creation Of An EU Consolidated Tape

Date 07/10/2020

Market Structure Partners, “MSP”, today announces the publication of its study, undertaken on behalf of the European Commission, on the creation of an EU consolidated tape for equity and debt markets.

SEC Updates Regulatory Framework For Fund Of Funds Arrangements

Date 07/10/2020

The Securities and Exchange Commission today voted to adopt a new rule and related amendments designed to put in place a comprehensive regulatory framework for fund of funds arrangements.  The rule also reflects the Commission’s decades of experience with fund of funds arrangements and will create a consistent and efficient rules-based regime for the formation and oversight of funds of funds.

FSB And IMF Publish 2020 Progress Report On G20 Data Gaps Initiative

Date 07/10/2020

The Financial Stability Board (FSB) and International Monetary Fund (IMF) today published the Fifth Progress Report – Countdown to 2021 in light of COVID-19 on the implementation of the second phase of the G20 Data Gaps Initiative (DGI-2). The report will be submitted to the G20 Finance Ministers and Central Bank Governors ahead of their meetings in Washington D.C. in mid-October.

DTCC Launches Consulting Services To Support Firms As Post-Trade Ecosystem Continues To Evolve

Date 07/10/2020

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of DTCC Consulting Services, a new advisory service to provide market participants around the world with unparalleled access to the firm’s expertise and experience in post-trade processing. DTCC will offer specialized, client-focused consulting services to help firms transform their post-trade business operations, including conducting initial infrastructure diagnostics, providing expert insight on their operational model design and on identifying their benchmarks, and helping firms to deliver on their strategy. Subject-matter experts will then be deployed with relevant industry knowledge and expertise to guide firms in the decisions they make throughout the process. DTCC has engaged Quorsus, providers of specialist consulting services to financial institutions, in support of launching the service.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 07/10/2020

CCP NCC sets the following risk parameters on Securities market starting from October 8, 2020:

ECB Publishes Summary Of Feedback On Public Consultation On Compounded €STR Rates

Date 07/10/2020

• Consultation received 44 replies
• Respondents supportive of publication of compounded €STR rates by the ECB

COVID-19 Boosts Innovation For Start-Ups Worldwide - For The Opening Of The Swiss Market Entry Bootcamp, 40 International Start-Up Companies From 20 Countries Are Gathering Since Yesterday At The Zurich Kraftwerk And Startupdays In Bern Today. Many Start-Ups Will Be Presenting Solutions For Industries That Are Particularly Affected By The COVID-19. Germany And France Are Represented With The Highest Number Of Companies

Date 07/10/2020

Despite COVID-19, the Swiss Market Entry Bootcamp is happening today in Zurich. Representatives of 40 start-up companies from 20 countries worldwide, including the U.S., Canada, Brazil, Turkey, and numerous European countries, attended the kick-off event online and physically at the Kraftwerk Zurich yesterday. The largest number of start-ups are from Germany (eight companies) and France (seven). Eight start-ups will be presenting digital health solutions, seven founders will be providing digital support for education, ten innovators will be focusing on mobility and Smart City, nine companies will be from the FinTech and InsurTech sector and six will be from the Food & Retail sector. They are all united by the idea of using digital ideas to support the structural change and transformation of the economy, which the COVID-19 has accelerated, if not triggered, in all sectors, and thus to shape the change process creatively. The start-ups had previously gone through an application phase to qualify for the event. The criteria included, for example, an already successfully completed external financing round and proof of a convincing business model.