News Centre

EU Financial Regulators Assess Risks To The Financial Sector After The Outbreak Of COVID-19 And Call For Enhanced Cooperation

Date 22/09/2020

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) have issued their first joint risk assessment Report of the financial sector since the outbreak of the COVID-19 pandemic. The Report highlights how the pandemic has led to further amplified profitability concerns across the board and heightened liquidity challenges in segments of the investment fund sector. It particularly points to economic and market uncertainty as a key challenge going forward.

BIS - Fintech And Big Tech Credit: A New Database

Date 22/09/2020

Summary

Focus

Credit markets around the world are undergoing a deep transformation. While banks, credit unions and other traditional lenders remain the chief source of finance in most economies, with capital markets playing an important role in some cases, new intermediaries have recently emerged. In particular, digital lending models such as peer-to-peer and marketplace lending have grown in many economies in the past decade. These types of credit, facilitated by online platforms rather than traditional banks or lending companies, are referred to as "fintech credit". Moreover, in the past few years, many large companies whose primarily business is technology (big techs) have entered credit markets, providing "big tech credit" either directly or in partnership with financial institutions.

BME Partners With CSS To Strengthen Its Regulatory Service Suite

Date 22/09/2020

• BME to offer financial services firms in Spain and Portugal a multi-regulation reporting platform
• Partnership brings a unique combination of local market presence and global coverage

Ask Not What The Economy Can Do For Insurers – Ask What Insurers Can Do For The Economy - Speech By Anna Sweeney, Executive Director, Insurance Supervision Division, Bank Of England, Delivered At The Bank Of America 25th European Financials CEO Conference

Date 22/09/2020

The insurance industry is central to the UK’s economy says Anna Sweeney. And it can play an important part in our economic recovery from Covid-19. 

HM Treasury And The Bank Of England: Update On The Covid Corporate Financing Facility (CCFF) – Market Notice 22 September 2020

Date 22/09/2020

HM Treasury and the Bank are today confirming that the CCFF will close for new purchases of Commercial Paper (CP) with effect from 23 March 2021.

EU Financial Regulators Assess Risks To The Financial Sector After The Outbreak Of Covid-19 And Call For Enhanced Cooperation

Date 22/09/2020

OCC Issues Paper On Central Clearinghouse Resiliency And Stability - Publishes “Participant Guide” To Provide Further Transparency Into Its Recovery And Orderly Wind-Down Plan

Date 22/09/2020

In the midst of record cleared contract volume, OCC, the world's largest equity derivatives clearing organization, today released a paper titled, Optimizing Incentives, Resilience and Stability in Central Counterparty Clearing, on central counterparty (CCP) clearing resiliency, recovery and resolution. The paper details OCC’s approach as a market utility, to risk and capital management, ensuring industry feedback is received and considered, enhancing operational resiliency, and providing greater transparency to market participants.

Fintech Company Unifiedpost Lists On Euronext Brussels

Date 22/09/2020

• The offering raised €252 million through a private placement – market capitalisation of approx. €608 million
• Second Belgian participant to the TechShare programme to list on Euronext Brussels

JSS Real Estate SOCIMI Receives Favourable Report From BME Growth - It Is The 7th Company To List On This BME Market In 2020

Date 22/09/2020

The Coordination and Admissions Committee of BME Growth has submitted to the Board of Directors a favourable report on JSS REAL ESTATE SOCIMI, following a thorough review of all the information presented by the company.

TASE Data Hub - The Tel-Aviv Stock Exchange Is Launching A Data System That Allows, For The First Time, Direct, Immediate And Seamless Access To TASE Market Data

Date 22/09/2020

The API-based system, named TASE Data Hub, will offer various data products that allow more insights on market activities and the development and review of trading and investment strategies,​​while allowing back office and operational efficiency improvements to various market players