News Centre

DTCC’S Alert Surpasses 15 Million Standing Settlement Instructions - DTCC Launches An Alert API Suite, Providing New Way For Industry To Request And Receive SSI And Market Availability Data

Date 15/11/2023

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that DTCC ALERT, the industry’s largest online global database for the maintenance and communication of account and standing settlement instructions (SSIs), has reached a key milestone with over 15 million SSIs, including three million cash SSIs, now included in the service— a 50% increase since 2021. This growth comes at a critical time, as the U.S. moves to a T+1 settlement cycle in May 2024. Accurate, automated SSIs are key to the facilitation of accelerated settlement, as leveraging golden copy data limits discrepancies that could potentially cause failed or delayed trades.

Finansinspektionen: Monitor What Your Funds Are Costing You

Date 15/11/2023

Today, almost all households invest in funds, either directly through private savings or indirectly through our pensions. However, close to one third of fund savers are unaware of how high the fund fee is and many risk paying too much for their savings. We are, therefore, now publishing the most common fees for some popular fund categories to help consumers monitor what certain funds cost.

BIS: Basel Committee Publishes Discussion Paper On Digital Fraud

Date 15/11/2023

• Basel Committee issues discussion paper on digital fraud and banking.
• The paper explores the supervisory and financial stability implications of digital fraud in banking, including existing data availability and measures to mitigate such risks.
• The Committee invites comments on the paper by 16 February 2024. 

BIS - Dollar And Government Bond Liquidity: Evidence From Korea

Date 15/11/2023

This paper examines how the US dollar affects government bond liquidity in Korea, a representative emerging market economy (EME), and when the effects become more pronounced. I highlight how the limited intermediation capacity of EME dealers can dampen liquidity through tightened funding liquidity conditions and financial channels of exchange rates.

Finansinspektionen: Comparative Figures For Fund Fees

Date 15/11/2023

All adult Swedes save in funds – either through pensions or their own savings. When saving in funds, it is important to be aware of their fees. If a fee is high, it is much more difficult for a fund to produce a higher return. Here, you will find information on what you should think about when selecting funds or when looking over your current savings.

IMF And University Of Oxford Launch “PortWatch” Platform To Monitor And Simulate Trade Disruptions

Date 15/11/2023

• PortWatch is an online platform designed to monitor and simulate disruptions to maritime trade due to climate extremes and other shocks.
• The platform helps policymakers and the public assess the impact of actual and future trade shocks in affected countries as well as international spillover effects.
• PortWatch is a collaborative innovation between the International Monetary Fund (IMF) and the University of Oxford. The open platform is available to the public as a beta version at www.imf.org/portwatch .

Morningstar And PitchBook Introduce New Indexes To Provide Investors With Deeper Insight Into Emerging Venture Capital Companies

Date 15/11/2023

Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today introduces the Morningstar® PitchBook Global Unicorn Industry Vertical Indexes™, a suite of eleven indexes that take Morningstar's global unicorn index series to the next level by offering insights into the industry trends that are propelling and shaping today's venture capital innovation economy.

UK Financial Conduct Authority: Two Individuals Guilty Of Making £3m Worth Of Fraudulent Mortgage Applications

Date 15/11/2023

Larry Barreto, based in the East Midlands, has been found guilty today of 11 charges of fraud by false representation following a prosecution brought by the FCA.

Statement On The UK Financial Conduct Authority’s Regulatory And Criminal Investigation Into WealthTek Limited Liability Partnership

Date 15/11/2023

On 8 November, the FCA sought and obtained a Restraint Order under the Proceeds of Crime Act 2002.

ACER To Consult On Removing Barriers To Electricity Demand Response

Date 15/11/2023

The recent energy crisis showed how shifting and reducing electricity demand plays a crucial role when electricity supply is scarce or at risk. Furthermore, Europe’s ambition to be a carbon neutral continent by 2050 also means that more flexibility in the power system is needed. Electricity flexibility is the ability of energy resources and consumers to change or adjust their consumption or production in response to price signals, or to provide services to system operators. Increased flexibility in the EU power system presents key opportunities for consumers to be part of the clean energy transition. One important solution to achieve electricity flexibility is enhanced demand response.