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  • Finansinspektionen: Consumer Protection Report 2020

    Date 14/02/2020

    Credit providers must be able to access a comprehensive view of a consumer’s outstanding credit commitments before granting new loans. 

  • EBA Acknowledges Adoption Of Amended Supervisory Reporting Standards By The European Commission

    Date 14/02/2020

    The European Banking Authority (EBA) acknowledged today the adoption by the European Commission of the Implementing Act amending Regulation (EU) No 680/2014 (Implementing Technical Standards on Supervisory Reporting) with regard to COREP and FINREP changes. The Implementing Act, which is based on the final draft Implementing Technical Standards (ITS) on supervisory reporting submitted by the EBA in July 2019, was adopted by the Commission on 14 February 2020 but its publication in the EU Official Journal is still pending. The amendments to the reporting framework will apply with different reference dates due to different application dates of the underlying regulatory requirements. The first reference date, concerning COREP changes, will be 31 March 2020 (reporting framework v2.9).

  • Nigerian Stock Exchange Weekly Market Report For February 14th 2020

    Date 14/02/2020

    A total turnover of 912.175 million shares worth N12.126 billion in 17,083 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.478 billion shares valued at N20.295 billion that exchanged hands last week in 23,263 deals.

  • Coronavirus Outbreak To Weigh On Global Steel Markets - John Anton, Amanda Eglinton, William May And David Smith, IHS Markit

    Date 14/02/2020

    An outbreak of a new coronavirus (2019-nCoV) in Wuhan, the capital of Hubei province in mainland China, and subsequent extension of factory closures beyond the Lunar New Year holiday have caused a downward revision to our iron ore and steel price forecasts over the first half of 2020. Mainland China produces more than half of the world’s steel and consumes more than 64% of global seaborne iron ore every year, making the steel market particularly vulnerable to changes in Chinese demand and production.

  • The Nairobi Securities Exchange Appoints SCL Advisory Limited To Lead Data Monetization Strategy

    Date 14/02/2020

    The Nairobi Securities Exchange (NSE) has today appointed SCL Advisory Limited to assist in expanding its portfolio of information products and services to clients across major investment markets across the globe as well as generate further value from existing and new data sets. SCL Advisory Limited will support the NSE’s efforts to provide professionals essential data, analytics and services that will help them make more informed investment and business decisions and give them greater insight into Kenyan’s capital market.