News Centre

Baymarkets Appoints Per Andersson As Head Of Sales And Business Development

Date 16/03/2017

Baymarkets Technology AB (Baymarkets), a leading Nordic provider of FinTech and RegTech solutions to the global financial services industry, announced today the appointment of Per Andersson as Head of Sales and Business Development.  His arrival brings 20 years of experience of building and managing businesses in the FinTech sector and he joins Baymarkets’ management team with immediate effect.

ThinkMarkets Implements PayPal For Global Payments Coverage

Date 16/03/2017

ThinkMarkets, a leading provider of forex and CFD trading has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network.

Statement By New York State Financial Services Superintendent Maria T. Vullo On The OCC’s Proposed Licensing Manual Supplement For Evaluating Charter Applications From Financial Technology Companies

Date 16/03/2017

The New York State Department of Financial Services (DFS) continues to oppose the Office of the Comptroller of the Currency (OCC)’s proposal to create a new national bank charter for any entity deemed by the OCC to fit within the amorphous category of “fintech.”  The imposition of an entirely new federal regulatory scheme on an already fully functional and deeply rooted state regulatory landscape will invite efforts to evade state usury laws and other consumer protections, stifle small business innovation, create institutions that are too big to fail, and increase the risks presented by nonbank entities.

BM&FBOVESPA Presents Final Proposals For The Novo Mercado And Level 2 Regulations That Will Be Put Before A Closed Hearing - Voting Phase Of The Closed Hearing Occurs June 01-23,

Date 16/03/2017

BM&FBOVESPA presents here the final proposals of the Regulations for the BM&FBOVESPA special corporate governance segments (Novo Mercado and Level 2) which will be put before a Closed Hearing. In the first phase, which begins today and continues until May 31, 2017, the companies listed in these segments can make assessments and clarify doubts regarding the proposals for the respective listing segments. The second phase, for voting, will occur June 01-23, 2017. Taking part in the voting for the Closed Hearing will be the 131 companies listed on the Novo Mercado and the 19 companies listed at BM&FBOVESPA Level 2.

IMF Managing Director Welcomes Establishment Of High Level Advisory Group On FinTech

Date 15/03/2017

• The Group is composed of highly-experienced and respected leaders in the field of finance and technology and includes industry pioneers, regulators, lawyers and academics.
• The Group will work closely with the IMF's Interdepartmental Working Group on Finance and Technology to study the economic and regulatory implications of developments in the area of finance and technology.

Office Of The Comptroller Of The Currency Issues Draft Licensing Manual Supplement For Evaluating Charter Applications From Financial Technology Companies, Will Accept Comments Through April 14

Date 15/03/2017

The Office of the Comptroller of the Currency (OCC) today provided additional detail on evaluating national bank charter applications from financial technology (fintech) companies that engage in the business of banking.

Treasury International Capital Data For January

Date 15/03/2017

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for January 2017.  The next release, which will report on data for February 2017, is scheduled for April 17, 2017.

CFTC Swaps Report Update

Date 15/03/2017

CFTC's Weekly Swaps Report has been updated, and is now available.

EBA Issues Opinion On Measures To Address Macroprudential Risk

Date 15/03/2017

The European Banking Authority (EBA) published today an Opinion following the notification by the National Bank of Belgium (NBB) of its intention to modify capital requirements in order to address an increase in macroprudential risk. Based on the evidence submitted by the NBB, the EBA does not object to the adoption of the proposed measures, which are based on Article 458 of the Capital Requirements Regulation (CRR).

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The March 14-15 FOMC Meeting

Date 15/03/2017

The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the March 14-15 meeting.