News Centre

SEC Seeks Applicants For Public Company Accounting Oversight Board Seat

Date 07/02/2023

The Securities and Exchange Commission today announced the start of the selection process to fill a seat on the Public Company Accounting Oversight Board (PCAOB) that will become vacant in October. The PCAOB appointment is for a five-year term from October 2023-October 2028. Under the current composition of the PCAOB Board, the candidate selected must be or have been a Certified Public Accountant (CPA).

BIS: Why Are Central Banks Reporting Losses? Does It Matter?

Date 07/02/2023

Key takeaways

• Rising interest rates are reducing profits or even leading to losses at some central banks, especially those that purchased domestic currency assets for macroeconomic and financial stability objectives.
• Losses and negative equity do not directly affect the ability of central banks to operate effectively.
• In normal times and in crises, central banks should be judged on whether they fulfil their mandates.
• Central banks can underscore their continued ability to achieve policy objectives by clearly explaining the reasons for losses and highlighting the overall benefits of their policy measures.

ISDA - Regulatory Framework For Sustainability-Linked Derivatives: Singapore Analysis

Date 07/02/2023

Singapore is taking a number of steps to achieve its ambition of net-zero carbon emissions by approximately 2050, including the progressive raising of carbon taxes from 2024 and the launch of the Singapore Green Plan 2030, which sets sustainability targets to be achieved over the next 10 years.

Comment From CryptoUK On CBDC Joint Announcement From Bank Of England And HM Treasury

Date 07/02/2023

The Bank of England and HM Treasury said today that a central bank digital currency (CBDC) was likely to be needed later this decade as they launched a new consultation for the design of such a system.

Prepared Remarks Before The Small Business Capital Formation Advisory Committee, SEC Chair Gary Gensler, Washington D.C., Feb. 7, 2023

Date 07/02/2023

Good morning. It is good to join the advisory committee for your first meeting of the year. As is customary, I’d like to note that my views are my own and I am not speaking on behalf of the Commission or SEC staff.

Pico Launches High-Performance Financial Services Test Lab - State-Of-The-Art Lab Will Allow Replication Of Real-World Trading Environments

Date 07/02/2023

Pico, a leading global provider of mission-critical technology services, software, data and analytics for the financial markets community, has launched the Pico Performance Lab, a state-of-the-art, high-performance financial services test lab. Pico’s full-stack trading technology solution of infrastructure, connectivity, market data, trading software, critical timing services and Corvil Analytics can be implemented, simulated and tested in the Pico Performance Lab. In addition, the Lab will also allow for client application and third-party product testing.

The European Supervisory Authorities Meet Stakeholders From Across The Financial Sector Amid Preparations For The Digital Operational Resilience Act

Date 07/02/2023

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) held a joint public event in the format of a technical discussion about the Digital Operational Resilience Act (DORA) on 6 February 2023. The online event gathered over 2,000 representatives from credit and payment institutions, investment firms, (re)insurance undertakings, ICT third-party service providers and other financial entities. The event allowed industry participants to engage with regulators on the new legislation, share their initial views and raise any potential areas of concern regarding the policy mandates the ESAs have to develop over the course of 2023 and 2024.

SIFMA Market Metrics & Trends: Equity Volumes, Options Volumes, And Volatility

Date 07/02/2023

In this monthly report, SIMA looks at market metrics and trends for volatility, price and volumes.

NGX Appoints Advisory Panel On Digital Technology Products

Date 07/02/2023

As it advances on its digital transformation agenda, Nigerian Exchange Limited (“NGX” or “The Exchange”) has set up the NGX Digital and Technology Products Advisory Panel (“The Panel”). The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s digital product offerings.

Purdue University/CME Group Ag Economy Barometer: Improvement In Farmer Sentiment Carries Over Into 2023

Date 07/02/2023

Following a sharp increase to close out 2022, the Purdue University/CME Group Ag Economy Barometer had only a modest increase in January, up 4 points to a reading of 130. The rise in sentiment was primarily attributable to better expectations for the future as the Future Expectations Index improved by 5 points to 127. The Index of Current Conditions rose only 1 point to a reading of 136. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. This month's survey was conducted from January 16-20.