News Centre

Market Data: Split, Or Be Told How To Govern - By Kelvin To, Founder And President Of Data Boiler Technologies

Date 12/02/2020

I applaud the SEC for its courage to propose NMS governance structure reform even as the large exchange groups hold tremendous voting power in the Equity Data Plans. I have no objection to the Commission’s proposal, because the root cause of today’s equity market data problems is the unclear delineation of rights between exchanges, which sell market data, and trading firms, which generate that data. And I agree that the transformation of the exchanges into publicly owned companies and the emergence of exchange groups controlling multiple venues exacerbate the conflicts-of-interest issue.

EACH Publishes The ‘EACH Framework On CSDR Settlement Discipline’

Date 12/02/2020

The European Association of CCP Clearing Houses (EACH) publishes today the EACH Framework on CSDR Settlement Discipline as developed by the EACH Securities Operations Working Group. With this Framework EACH intends to provide public and private stakeholders with details of EACH’s implementation of the CSDR settlement discipline provisions that affect CCPs. This should help all market participants to prepare for the date of entry into force of the CSDR Settlement Discipline Regime, which is currently set to 13th September 2020 although there is an ESMA proposals to extend it to 1st February 2021 currently under review by EU Authorities. This Framework should also contribute to the overall aim of CSDR to harmonise certain aspects of the settlement cycle and settlement discipline as well as to provide a set of common requirements for CSDs for both domestic and cross-border transactions.

A Bank Of England Perspective On Gender Diversity: Past, Present And Future - Speech By Lea Paterson, Bank Of England Executive Director For People & Culture Given At The Women In Finance Summit 2020, London

Date 12/02/2020

Lea Paterson looks at how the debate on women in the workplace has changed over the years. And she explains how we’re encouraging diversity in our own workforce.

EBA Consults On Guidelines On The Appropriate Subsets Of Exposures In The Application Of The Systemic Risk Buffer

Date 12/02/2020

The European Banking Authority (EBA) launched today a consultation on draft Guidelines on the appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer (SyRB) in accordance with the Capital Requirements Directive (CRD). These Guidelines aim at setting a common framework to harmonise the design of the appropriate subsets of sectoral exposures to which a systemic risk buffer may be applied, thus facilitating a common approach throughout the EU. The consultation runs until 12 May 2020.

EU-UK Future Relations: “Level Playing Field” Crucial To Ensure Fair Competition

Date 12/02/2020

• The integrity of the EU Single Market and Customs Union must be preserved
• There should be a “dynamic alignment” of EU-UK rules
• The EU must protect its most sensitive sectors

ESMA Chair Steven Maijoor On Sustainable Finance At The European Financial Forum In Dublin

Date 12/02/2020

Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), has delivered a keynote address on sustainable finance issues at the European Financial Forum in Dublin today.

Euronext Publishes Q4 And Full Year 2019 Results - Strong Performance In 2019 Driven By Successful Diversification And Solid Core Businesses Dynamics. 2020 Cost Target Announced

Date 12/02/2020

Euronext, the leading pan-European market infrastructure, today announces its results for the fourth quarter and full year 2019.

Broadridge Monthly FundFlash - Europe Report

Date 12/02/2020

Click here to download the latest FundFlash Monthly Snapshot of European Trends from Broadridge Financial Solutions, a two minute read of European mutual funds sales trends.

The Coronavirus Hammers Commodities - Chinese Travel Restrictions Are Disrupting Manufacturing, Driving Expectations Of A Demand Shock, William May, Senior Economist, IHS Markit

Date 12/02/2020

The IHS Markit Materials Price Index (MPI) dropped a sharp 6.2% last week, declining broadly in a move that saw nine of the index’s ten sub-components fall. Last week’s decline was also noteworthy for its size in that it was the MPI's fifth largest in its 25-year history. The MPI has retreated roughly 10% in the past three weeks, as markets have become more bearish on the impact of the coronavirus on the Chinese economy.

EBA: Draft Guidelines On The Appropriate Subsets Of Sectoral Exposures To Which Competent Or Designated Authorities May Apply A Systemic Risk Buffer In Accordance With Article 133 (5)(f) Of Directive 2013/36/EU (EBA-CP-2020-02)

Date 12/02/2020

The European Banking Authority (EBA) launched today a consultation on draft Guidelines on the appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer (SyRB) in accordance with the Capital Requirements Directive (CRD). These Guidelines aim at setting a common framework to harmonise the design of the appropriate subsets of sectoral exposures to which a systemic risk buffer may be applied, thus facilitating a common approach throughout the EU. The consultation runs until 12 May 2020.