News Centre

Federal Reserve Board Publishes A Database Of Financial Institutions With Access To, Or Requests To Access, Federal Reserve Bank Master Accounts And Services

Date 16/06/2023

To promote transparency, the Federal Reserve Board on Friday published a database of financial institutions with access to, or requests to access, Federal Reserve Bank master accounts and services. The database is consistent with the requirements set forth in legislation enacted last year and will be updated on a quarterly basis.

Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives

Date 16/06/2023

The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increased opportunities for women in leadership, employment, and entrepreneurship in the Nigerian private sector.

CFTC Commissioner Mersinger To Participate In A Fireside Chat With Commissioner Johnson At The Fifth Joint Deutsche Bundesbank, European Central Bank, And Federal Reserve Bank Of Chicago Conference On CCP Risk Management In Frankfurt, Germany

Date 16/06/2023

Nigerian Exchange Weekly Market Report For June 16th, 2023

Date 16/06/2023

The market opened for four trading days this week as the Federal Government of Nigeria declared Monday 12th June 2023 as Public Holiday to commemorate the Democracy Day.

EBA Finds That Money Laundering And Terrorist Financing Risks In Payments Institutions Are Not Managed Effectively

Date 16/06/2023

The European Banking Authority (EBA) today published its Report on money laundering and terrorist financing (ML/TF) risks associated with EU payment institutions. Its findings suggest that ML/TF risks in the sector may not be assessed and managed effectively by institutions and their supervisors.

BIS - Project Rosalind: Building API Prototypes For Retail CBDC Ecosystem Innovation

Date 16/06/2023

Project Rosalind is an experiment exploring application programming interfaces (APIs) for retail central bank digital currency (CBDC). The project is based on a two-tier model representing a public private partnership. At the centre of this architecture is an API layer, which connects public and private infrastructures. The API layer offers a set of standardised functionalities to enable different systems to interoperate. The project explored how central banks could address the need for a universal and extensible API layer for retail CBDC payments. Collaborating with the private sector, the project also explored what the building blocks of a CBDC ecosystem would be and how the APIs could support innovation.

LuxSE Reports Record Profits For 2022

Date 16/06/2023

At this morning’s annual general meeting of the Luxembourg Stock Exchange (LuxSE), the stock exchange published its financial results for the financial year ending on 31 December 2022, reporting record profits.

FIA: May 2023 SEF Tracker

Date 16/06/2023

ESMA Launches Call For Evidence On Sustainability In Suitability And Product Governance

Date 16/06/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, launched today a Call for Evidence (CfE) on integrating sustainability preferences into suitability assessment and product governance arrangements under the Markets in Financial Instruments Directive (MiFID) II.

Finansinspektionen Report: Banks’ Administration Of Amortisation Requirement Exemptions

Date 16/06/2023

Finansinspektionen has conducted a survey into banks' administration of amortisation requirement exemptions, as an assignment from the government. The survey shows that banks have primarily handled amortisation requirement exemptions well. Banks have improved their procedures for handling exemptions, which have increased due to increased pressure on households' finances and more widespread knowledge within society about the possibility of receiving an exemption. The banks' improved procedures are an adjustment to this change.