News Centre

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With Deputy Prime Minister And Minister Of Economy And Finance Of The Republic Of Korea Choo Kyung-ho

Date 14/04/2023

Today, Secretary of the Treasury Janet L. Yellen met with Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea Choo Kyung-ho. Secretary Yellen discussed macroeconomic and financial developments, as well as economic security issues and climate-related priorities. Secretary Yellen also underscored the importance of the broader bilateral relationship and looked forward to President Yoon’s upcoming state visit to the United States.

Joint Readout: US- EU - UK Sanctions Evasion Meeting With Private Sector Participants

Date 13/04/2023

On the sidelines of the World Bank Group and International Monetary Fund Spring Meetings, Deputy Secretary of the Treasury Wally Adeyemo; European Commissioner for Financial Stability, Financial Services, and Capital Markets Union Mairead McGuinness; and HM Treasury Director General for International Finance Lindsey Whyte hosted representatives from financial institutions to discuss continued efforts to counter sanctions evasion and combat Russian military procurement in key jurisdictions. The government officials and bank representatives were also joined by Deputy Director of the CIA David Cohen and Deputy Director of National Intelligence Morgan Muir.

Remarks By US Secretary Of The Treasury Janet L. Yellen After Meeting With Prime Minister Of Ukraine Denys Shmyhal

Date 13/04/2023

Prime Minister Shmyhal, it is great to see you again.

When we met in Kyiv in February, it had been just over a year since Russia began its unprovoked, full-scale invasion of your country.

Canadian Securities Regulators Propose Changes To Corporate Governance Disclosure Practices And Guideline

Date 13/04/2023

 The Canadian Securities Administrators (CSA) is seeking public comment on proposed amendments to corporate governance disclosure rules and policy relating to the director nomination process, board renewal and diversity. They would require disclosure on aspects of diversity beyond the representation of women, while retaining the current disclosure requirements with respect to women. In addition, the CSA is proposing changes to the corporate governance policy that would enhance the existing corporate governance guidelines relating to the director nomination process and introduce guidelines regarding board renewal and diversity.

NGX, Stakeholders To Recommend Solutions On Deepening ETFs Market

Date 13/04/2023

Nigerian Exchange Limited (NGX) in collaboration with key capital market stakeholders will be organising a workshop to address the major challenges and opportunities in the Exchange Traded Funds (ETFs) market.

STX Group Announces Innovative €150M Credit Facility As Global Banks Support Energy Transition - STX Secures Innovative Credit Facility Of Up-To EUR 150 Million Backed By Environmental Commodities

Date 13/04/2023

STX Group (STX), a leading global environmental commodity trader and climate solutions provider, has closed an up-to EUR 150 million syndicated borrowing base credit facility to foster the rapid expansion of its business operations. The credit facility, which was comfortably oversubscribed, has the unique quality of being partially secured by a diverse portfolio of environmental commodities. This is the first time the banking system has appreciated the full value of the wide range of environmental commodities as security, which essentially is a necessity for leveling the playing field for the energy transition.

CFTC Chairman Behnam To Discuss Carbon Credit Quality In The Voluntary Carbon Markets In A Fireside Chat At The Bipartisan Policy Center

Date 13/04/2023

ISDA USD LIBOR ICE Swap Rate Future Cessation Guidance – 2021 And 2006 ISDA Definitions

Date 13/04/2023

ISDA has updated the attached guidance for parties to over-the-counter derivative transactions that are affected by the announcement made on November 14, 2022 by the ICE Benchmark Administration relating to the future cessation of all tenors of the USD LIBOR ICE Swap Rate and the announcement made on April 13, 2023 confirming that the USD SOFR Spread-Adjusted ICE Swap Rate will be available for use as a benchmark in financial contracts and instruments from June 30, 2023.

Former Head Of Swiss Securities And Exchanges To Head New Fintica AI Ltd Advisory Board - New Body To Include Industry Experts: Thomas Zeeb, René Karsenti, Yanming Xiao

Date 13/04/2023

Fintica AI Ltd, a leading provider of next-generation AI for the financial industry, has announced a new Advisory Board made up of experienced financial executives, providing long-term vision and insights to help shape the future of AI for capital markets.

Private Equity Fundraising Sentiment Bleak In 2023 According To S&P Global Market Intelligence Survey - New Outlook Summarizes And Analyzes Survey Results From Private Equity, Venture Capital And Limited Partner Professionals Worldwide- Outlook Reveals Venture Capital Executives Are More Cautiously Optimistic On 2023 Fundraising Activity Compared To Their Private Equity Peers

Date 13/04/2023

Sentiment around fundraising conditions are bleak this year for private equity (PE) firms yet venture capital (VC) executives remain cautiously optimistic, according to the new S&P Global Market Intelligence 2023 Private Equity Outlook Survey. According to the outlook, 45% of private equity executives surveyed expect fundraising conditions in their location to deteriorate this year, while 34% said conditions will remain the same. Venture capital professionals were split, with 35% forecasting a deteriorating fundraising environment and a similar percentage expecting conditions to remain unchanged.