News Centre

BIS: Will The Real Stablecoin Please Stand Up?

Date 08/11/2023

Do stablecoins live up to their name and can they serve as a reliable means of payment and store of value? Senior Economist Anneke Kosse discusses these questions based on the BIS paper "Will the real stablecoin please stand up?" She also highlights how significant data gaps regarding the users and uses of stablecoins make it difficult to ascertain the risks they pose to the smooth functioning of payment systems and financial stability.

TMX Group Equity Financing Statistics – October 2023

Date 08/11/2023

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2023.

The EBA Consults On The Reporting Of Transactions With Asset-Referenced Tokens And E-Money Tokens Denominated In A Non-EU Currency Under MiCAR

Date 08/11/2023

The European Banking Authority (EBA) today launched a consultation under the Markets in Crypto-Assets Regulation (MiCAR) on draft Regulatory Technical Standards (RTS) specifying the methodology to be applied by issuers of asset-referenced tokens (ARTs) and of e-money tokens (EMTs) denominated in a non-EU currency for reporting transactions associated to uses of these tokens “as a means of exchange”. In addition, the EBA also consulted on draft Implementing Technical Standards (ITS) specifying the related reporting requirements under MiCAR. These consultations together with other consultations papers published today form part of the third batch of MiCAR policy products.  All consultations run until 8 February 2024.

The EBA Consults On Draft Guidelines On Recovery Plans For Issuers Of Asset-Referenced Tokens And E-Money Tokens Under MiCAR

Date 08/11/2023

The European Banking Authority (EBA) today launched a consultation on draft Guidelines on recovery plans to be drafted by issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs). These draft Guidelines set out the requirements with respect to the format of the recovery plans and the information to be included therein. This consultation together with other consultations papers published today form part of the third batch of MiCAR policy products. The consultation runs until 8 February 2024.

The EBA Consults On Draft Technical Standards On Own Funds Requirements And Stress Testing Of Issuers Under MiCAR

Date 08/11/2023

The European Banking Authority (EBA) today a launched two consultations on draft Regulatory Technical Standards (RTS) on own funds requirements and stress testing of issuers under the Markets in Crypto-Assets Regulation (MiCAR) which form part of the prudential package of MiCAR products. The first RTS specify the adjustment of own funds requirements and stress testing of issuers of asset-referenced tokens and e-money tokens. The second RTS specify the procedure and timeframe to adjust its own funds requirements for issuers of significant asset-referenced tokens or of e-money tokens.  These consultations, together with other consultations papers published today, form part of the third batch of MiCAR policy products. The consultations run until 8 February 2024.

The EBA Consults On Draft Regulatory Technical Standards On Liquidity Requirements And On Draft Guidelines On Liquidity Stress Testing Of Relevant Issuers Of Tokens, Under MiCAR

Date 08/11/2023

The European Banking Authority (EBA) today launched three consultations on draft Regulatory Technical Standards (RTS) to specify the liquidity requirements of the reserve of assets, the highly liquid financial instruments in the reserve of assets and the minimum content of the liquidity management policy and procedures of relevant issuers of tokens. Furthermore, the EBA consulted on draft Guidelines to establish the common reference parameters of the stress test scenarios to be included in their liquidity stress testing. These consultations form part of the prudential package of MiCAR deliverables and make up the third batch of MiCAR policy products. The consultations run until 8 February 2024.

Federal Reserve Chair Jerome H. Powell, At "A Look At The Past, Present, And Future," A Conference Celebrating The Centennial Of The Division Of Research And Statistics, Board Of Governors Of The Federal Reserve System, Washington, D.C.

Date 08/11/2023

Thank you, Stacey, for the chance to be part of this celebration. It is great to be here to honor the Division of Research and Statistics (R&S) and humbling to see so many Fed people who served the institution over long and distinguished careers and have returned for this great occasion. The Fed is one of those places where you can work for a decade or so and still feel like a newbie.

Versana Expands Leadership Team, Hires Christine Scaffidi As Head Of Product And Christopher Fonte As Head Of Sales - Industry Veterans Join Growing Platform To Transform The $7T Corporate Loan Market

Date 08/11/2023

Versana today announced that industry veterans Christine Scaffidi and Christopher Fonte have joined the company as Head of Product and Head of Sales, respectively, reporting directly to Cynthia Sachs, Founding CEO. Each brings decades of valuable banking, data and technology experience, underscoring Versana’s continuing drive to modernize the $7 trillion corporate loan market.

Borsa İstanbul’s Opening Bell Rang For Tureks Turunç Madencilik İç ve Dış Ticaret A.Ş.

Date 08/11/2023

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Tureks Turunç Madencilik İç ve Dış Ticaret A.Ş. at our Exchange."

ICE And Databricks To Provide Climate Risk Data Insights For Municipal Bond Markets

Date 08/11/2023

Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology and market infrastructure, and Databricks today announced a strategic collaboration that unlocks the full potential of ICE’s municipal bond evaluations, reference data and climate risk data in the Databricks Marketplace, powered by Delta Sharing, Databricks’ open-source data sharing protocol.