News Centre

SIFMA: FBO Tailoring Proposals Will Not Provide Intended Relief; Will Exacerbate FBOs Exit From U.S. Market

Date 21/06/2019

SIFMA today submitted comments on proposals by the federal banking agencies to revise the enhanced prudential standards that apply to the U.S. operations of foreign banks, known as foreign banking organizations (FBOs). The letter expresses concern the proposals would create an unlevel playing field and reduce the diversity and depth of U.S. markets.

Canadian Securities Regulators Set Out Suggested Practices For Working With Older Or Vulnerable Clients

Date 21/06/2019

The Canadian Securities Administrators (CSA) today published a notice that outlines suggested practices that registered firms can consider when engaging with older or vulnerable clients. Clients may be or become vulnerable due to changing needs and risks as they age, an illness or injury, or a physical, cognitive or psychological limitat

B3: Ibovespa Breaks New Record And Reaches 102.012 Points

Date 21/06/2019

B3’s market performance index – Ibovespa – hit a record high today ending the day at 102.012 points, up 1.70% from last trading session (June 19th).

Federal Reserve Board Releases Results Of Supervisory Bank Stress Tests

Date 21/06/2019

The nation's largest and most complex banks have strong capital levels that would allow them to stay well above their minimum requirements after being tested against a severe hypothetical recession, according to the results of supervisory stress tests released Friday by the Federal Reserve Board.

Scarlet Letters: Remarks Before The American Enterprise Institute, SEC Commissioner Hester M. Peirce , Washington D.C., June 18, 2019

Date 21/06/2019

Thank you, Ben [Zycher]. I will begin with the standard disclaimer. My remarks represent my views and not necessarily those of the Commission or my fellow Commissioners.

Nigerian Stock Exchange Weekly Market Report For June 21st 2019

Date 21/06/2019

A total turnover of 7.476 billion shares worth N91.107 billion in 17,192 deals were traded this week by investors on the floor of the ExchanA total turnover of 7.476 billion shares worth N91.107 billion in 17,192 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 868.739 million shares valued at N15.792 billion that exchanged hands last week in 12,201 deals. ge in contrast to a total of 868.739 million shares valued at N15.792 billion that exchanged hands last week in 12,201 deals. 

Ontario Securities Commission And Member Of Provincial Parliament For Nipissing Highlight Importance Of Financial Literacy During Ontario Seniors Month

Date 21/06/2019

Vic Fedeli, Member of Provincial Parliament (MPP) for Nipissing, today joined the Ontario Securities Commission (OSC) and North Bay community partners at an ‘OSC in the Community’ seminar in North Bay, to provide local seniors with information on avoiding fraud and making informed investing decisions. Fedeli discussed the importance of financial literacy and praised the OSC for visiting Ontario communities to speak to everyday investors about how to protect their money.

SIFMA Statement On SEC’s Adoption Of Capital, Margin And Segregation Requirements For Security-Based Swap Dealers

Date 21/06/2019

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA President and CEO, on the SEC’s adoption of capital, margin, and segregation requirements for security-based swap dealers and major security-based swap participants:

“SIFMA appreciates the Securities and Exchange Commission taking this important step towards finalizing its capital, margin and segregation requirements for non-bank securities-based swap dealers and broker-dealers, which are critically important to both dealers and their clients.  SIFMA looks forward to working with the Commission on these requirements, the remaining Title VII rulemaking, and implementation of its securities-based swap regulatory framework.”

EBA Publishes An Opinion On The Elements Of Strong Customer Authentication Under PSD2

Date 21/06/2019

The European Banking Authority (EBA) published today an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to continued queries from market actors as to which authentication approaches the EBA considers to be compliant with SCA. The Opinion also addresses concerns about the preparedness and compliance of some actors in the payments chain with the SCA requirements that apply as of 14 September 2019.

Fed Listens In Cincinnati: How Does Monetary Policy Affect Your Community? Governor Lael Brainard, At Policy Summit 2019: Connecting People And Places To Opportunity, Federal Reserve Bank Of Cleveland, Cincinnati, Ohio

Date 21/06/2019

It is good to be here in Cincinnati. I want to thank my colleague, Loretta Mester, for inviting me to participate today, and it is a pleasure to participate in the Federal Reserve Bank of Cleveland's Policy Summit.