News Centre

EBA Updates Data On Deposit Guarantee Schemes Across The EU

Date 12/05/2020

The European Banking Authority (EBA) published today 2019 data relating to two key concepts in the Deposit Guarantee Schemes Directive (DGSD): available financial means, and covered deposits. The EBA publishes this data on a yearly basis to enhance the transparency and public accountability of deposit guarantee schemes (DGSs) across the EU to the benefit of depositors, markets, policymakers, DGSs and Members States.

ACER Provides Its First Opinion On A Bidirectional Gas Capacity Decision

Date 12/05/2020

The European Union Agency for the Cooperation of Energy Regulators (ACER) publishes today its Opinion on the elements of the Decision to grant an exemption from the obligation to enable permanent physical bi-directional capacity at the "Deutschneudorf EUGAL "cross-border interconnection point (IP), between Germany and the Czech Republic. The Decision was taken by Bundesnetzagentur, Germany’s National Regulatory Authority and grants the exemption for a period of four years.

Moscow Exchange: Updated Calculation Methodology For The MOEX ESG Indices To Take Effect On 18 May

Date 12/05/2020

On 18 May 2020 the Updated Calculation Methodology for the MOEX ESG Indices approved by Executive Board on 6 May 2020 will come into force.

BIS: US Dollar Funding Markets During The Covid-19 Crisis - The Money Market Fund Turmoil

Date 12/05/2020

Key takeaways

• Short-term dollar funding markets experienced severe dislocations in mid-March 2020, with funding diverted from unsecured funding markets as investors withdrew and switched to secured funding markets and government MMFs.
• Outflows from US prime MMFs led to a loss of funding for banks and a significant shortening of funding maturities; this precipitated spikes in indicators of bank funding costs, such as the LIBOR-OIS spread, despite banks not being at the epicentre of the liquidity squeeze.
• The turmoil highlights broader lessons for MMF regulation, the role of non-banks for monetary policy implementation, and the role of the central bank during stress.

ACER Publishes Its New Analysis On Tariff Network Code Implementation For Gas In Spain

Date 12/05/2020

The European Union Agency for the Cooperation of Energy Regulators (ACER) has published its new Report on the implementation of the Network Code on Harmonised Transmission Tariff Structures for Gas, which presents the additional analysis of the Agency for the transmission system of Spain.

BIS: US Dollar Funding Markets During The Covid-19 Crisis - The International Dimension

Date 12/05/2020

Key takeaways

• Dislocations in domestic US dollar money markets reverberated globally. Non-US banks lost a substantial part of funding from money market funds and had to borrow at shorter maturities.
• Nevertheless, the severity of dollar funding strains varied substantially across banks, and eased for banks from jurisdictions with standing swap lines with the Federal Reserve.
• The impact of policy measures to quell the stress was felt unevenly across different funding markets. The divergence between key rates resulted in an unusual divergence of funding cost metrics, with some indicating a "dollar glut" while others a "dollar shortage".

EEX Final Settlement Prices For Liquid Milk Futures May 2020

Date 12/05/2020

Please find below the Final Settlement Prices for Liquid Milk Futures May 2020.

The Tel-Aviv Stock Exchange Ltd. Periodic Report For 2019

Date 12/05/2020

Given the Company’s unique position as the only stock exchange in Israel, constituting key infrastructure for the execution of investments in securities and financial instruments, and for raising equity and debt capital, the activity in the primary and secondary market on TASE is affected to a large degree by macro-economic factors, by regulatory factors and by taxation policy, as set forth below.

Changes To The Composition Of The Oslo Børs Benchmark Index

Date 12/05/2020

Pico Chairman And Founder, Jarrod Yuster, Announces Strategic Hire Of Frank Troise As Co-Chief Executive Officer - Strategic Hire Underscores Pico’s Commitment To Being The Market Leader In Financial Technology Infrastructure Provision And Analytics

Date 12/05/2020

Pico, the leading provider of technology services for the financial markets community, today has announced that Frank Troise will join Pico as Co-Chief Executive Officer alongside Chairman and Founder, Jarrod Yuster. The firm has had exceptional growth since inception over the past decade and Troise will partner with Yuster to build on Pico’s strong foundation and accelerate further expansion.