News Centre

IMF Executive Board Initiates Selection Process For The Next Managing Director

Date 13/03/2024

The Board Coordinators of the Executive Board of the International Monetary Fund (IMF), Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah, made the following statement today:

“We are very pleased to announce that the Executive Board has adopted an open, merit-based, and transparent process for the selection of the next Managing Director, similar to the one used in recent rounds. The Executive Board underscores the importance it places on the successful candidate having the requisite global standing to lead the Fund, which stands at the center of the global financial system."

The EBA Publishes Final Draft Technical Standards On Complaints Handling For Issuers Of Asset Referenced Tokens

Date 13/03/2024

The European Banking Authority (EBA) today published the final draft Regulatory Technical Standards (RTS) that set out the requirements, templates and procedures for handling complaints received by issuers of asset reference tokens (ARTs). The draft RTS fulfil a mandate conferred on the EBA in the Markets in Crypto-Assets Regulation (MiCAR) and were developed in close cooperation with the European Securities and Markets Authority (ESMA). 

Dessislava Guetcheva-Cheytanova Appointed As General Counsel Of The BIS

Date 13/03/2024

• Appointment is for a five-year term, starting in September 2024
• She will succeed Diego Devos upon his retirement from the BIS
• Legal Service provides advice on all legal matters relating to the Bank's activities

CFTC Commissioner Goldsmith Romero To Participate On A Panel At The World Federation Of Exchanges’ Clearing And Derivatives Conference

Date 13/03/2024

What:

Commissioner Christy Goldsmith Romero will participate on a panel at the World Federation of Exchanges’ Clearing and Derivatives Conference titled Higher Capital & Financial Resource Requirements - Reducing or Increasing Risk?

When:

Thursday, March 21, 2024

11:15 a.m. – 12:15 a.m. (CET)
6:15 a.m. – 7:15 a.m. (EDT)

Where:

Bolsas y Mercados Españoles
Plaza de la Lealtad, 1
Palacio de la Bolsa
28014 Madrid

Additional information: https://wfeclear2024.wfecm.com/

ACER Suggests Improvements To The Electricity Regional Coordination Centres’ Reporting

Date 13/03/2024

Today, ACER publishes its first monitoring report on the reporting obligations of the Regional Coordination Centres (RCCs).

ACER Updates REMIT Guidance To Improve Reporting Of LNG Supply Contracts And Power Purchase Agreements

Date 13/03/2024

Following an extensive consultation with stakeholders on improving REMIT data reporting, ACER publishes today the updated:

• Transaction Reporting User Manual (TRUM) and its Annexes; and
• FAQs on REMIT transaction reporting.

Fiserv Appoints Ajei Gopal To Board Of Directors

Date 13/03/2024

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced the appointment of Ajei Gopal to its board of directors.

The Future Of Pensions: Act Today To Plan For Tomorrow - Speech By Chief Executive, UK Financial Conduct Authority, Nikhil Rathi Delivered At JP Morgan Pensions And Savings Symposium

Date 13/03/2024

Key points

• We should recognise auto-enrolment for the success it has been, but significant gaps and inadequacies remain.
• We should challenge ourselves to ask whether our products will deliver the value and returns needed for an adequate retirement.
• Pensions dashboards will make it easier to track down disparate savings pots, seek advice and make informed decisions to plan for retirement.
• Regulators, consumers and firms can act today to improve outcomes without waiting for a perfect future solution.

Archax Expands Crypto Reach With Talos Partnership - Gains Access To Liquidity And Adds Exchange Venue To Platform

Date 13/03/2024

Archax, the only FCA regulated exchange, broker, and custodian for digital assets, today announced a strategic partnership with Talos, the leading institutional crypto trading platform. Through this partnership, Archax will leverage it's FCA cryptoasset registration combined with the market-leading capabilities of the Talos platform to unlock access to a diverse array of crypto liquidity providers and venues. This move will fortify Archax's burgeoning OTC trading desk, empowering it to navigate crypto markets with enhanced liquidity and efficiency.

Travel And Tourism Sector Deal Activity Down By 22.5% YoY During January-February 2024, Reveals GlobalData

Date 13/03/2024

The travel and tourism sector witnessed the announcement of 93 deals* globally during the first two months of 2024, an year-on-year (YoY) decline of 22.5% compared to the announcement of 120 deals during the same period in 2023, reveals GlobalData, a leading data and analytics company.