News Centre

The EBA Consults On The New Framework For The Business Indicator For Operational Risk As Part Of The Implementation Of The EU Banking Package

Date 20/02/2024

The European Banking Authority (EBA) today launched a consultation on two set of draft Regulatory Technical Standards (RTS) and one Implementing Technical Standard aiming to clarify the composition of the new business indicator at the heart of the operational risk capital requirements calculation, mapping the business indicator items to financial reporting (FINREP) items and highlighting possible adjustments to the business indicator in case of specific operations. The consultation runs until 21 May 2024.

ISDA And AFME Respond To FCA On Commodity Derivatives

Date 20/02/2024

On February 15, ISDA and the Association for Financial Markets in Europe (AFME) submitted a joint response to the UK Financial Conduct Authority’s (FCA) consultation on the reform of the UK commodity derivatives regulatory framework. The consultation sought to remove unnecessary burdens on firms and strengthen the supervision of UK commodity derivatives markets.

Genesis Bank And Fiserv Partner To Strengthen Small Businesses In Local Communities - Program Designed To Support Small Businesses In Low-To-Moderate Income Neighborhoods With Customized Access To Clover® Technology From Fiserv

Date 20/02/2024

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, is partnering with Genesis Bank, one of only two diverse multiracial Minority Depository Institutions (MDIs) in the country, to drive economic empowerment and create positive impact in local communities.

Intercontinental Exchange, Inc. Commences Consent Solicitation With Respect To Black Knight InfoServ, LLC’s Outstanding 3.625% Senior Notes Due 2028

Date 20/02/2024

Intercontinental Exchange, Inc. (NYSE: ICE) (“ICE”) announced today that it is commencing a consent solicitation (the “Consent Solicitation”) with respect to the outstanding 3.625% Senior Notes due 2028 (CUSIP Nos. 092174AA9 (144A) and U0921BAA6 (Reg S)) (the “BK Notes”) issued by Black Knight InfoServ, LLC (“BK”), a wholly owned subsidiary of ICE. Pursuant to the Consent Solicitation, ICE is soliciting consents (the “Consents”) from each holder of the BK Notes to amend the BK Notes and the related indenture under which they were issued (the “BK Indenture”) to eliminate (a) the covenant to furnish certain reports, documents and information to holders of the BK Notes and the trustee under the BK Indenture (the “Reporting Covenant Proposed Amendment”) and (b) substantially all of the other restrictive covenants and all of the events of default, other than payment-related and guarantee-related events of default (the “Other Proposed Amendments” and, together with the Reporting Covenant Proposed Amendment, the “Proposed Amendments”).

ICE Reports Record Open Interest Of Over 90 Million Contracts Across Total Futures And Options Markets

Date 20/02/2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that its global futures and options markets reached record open interest of 90.2 million contracts on February 15, 2024, with ICE’s commodities futures and options markets hitting record open interest of 61.8 million contracts on February 16, 2024.

LSEG Launches Global Parental Leave

Date 20/02/2024

LSEG (London Stock Exchange Group) today announces a significant enhancement to its parental leave offering, creating a single global benchmark of 26 weeks' paid leave to support colleagues at key life moments and reinforcing its commitment to Equity, Diversity and Inclusion.

Bank Of England: Ben Broadbent's Annual Report For The Treasury Select Committee - Published For The Treasury Select Committee Hearing On 20 February 2024

Date 20/02/2024

Annual ReportOpens in a new window

CME Group To Launch Micro Euro-denominated Bitcoin And Ether Futures On March 18

Date 20/02/2024

CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.

Bahrain Attracts A Record USD 1.7 Billion In Investments For 2023 Boosting Job Creation And Sustainable Economic Growth - A Thriving Business Friendly And Favourable Tax Environment, Progressive Legislation, And A Highly Skilled Diverse Talent Pool Cement Bahrain's Attractiveness As A Leading Destination For Investment.

Date 20/02/2024

Bahrain Economic Development Board (Bahrain EDB), supported by Team Bahrain, has achieved a remarkable milestone securing a record level of investments upwards of USD 1.7 billion in 2023, marking a massive influx equivalent to a year-on-year increase of 55% compared to the USD 1.1 billion in investments generated by Bahrain EDB in 2022. The investments for 2023, which stem from 85 local and international projects, are projected to generate over 5,700 employment opportunities over a three-year period across priority sectors in the interest of promoting economic diversification and sustainable growth.

LCH SwapAgent Welcomes TD Securities As First Canadian Bank Member

Date 20/02/2024

• TD Securities is now live as a LCH SwapAgent member.
• 44 members from 12 countries registered more than $5.9 trillion in notional at LCH SwapAgent in 2023, with average daily volume (ADV) up 78% year-on-year.
• LCH SwapAgent’s services bring improved standardisation, efficiency and simplicity to the bilateral derivatives market.