News Centre

Nasdaq Announces Semi-Annual Changes To The OMX Helsinki Benchmark Index

Date 21/11/2022

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Helsinki Benchmark Index, (Nasdaq Helsinki: OMXHB), which will become effective at market open on Thursday, December 1, 2022.

Nasdaq Announces Semi-Annual Changes To The OMX Copenhagen Benchmark Index

Date 21/11/2022

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Copenhagen Benchmark Index, (Nasdaq Copenhagen: OMXCB), which will become effective at market open on Thursday, December 1, 2022.

BIS Board Appoints Chair Of The Consultative Council For The Americas

Date 21/11/2022

• Roberto Campos Neto, Governor of the Central Bank of Brazil, appointed as Chair of the Consultative Council for the Americas
• Mr Campos Neto's two-year term starts in January 2023
• The Consultative Council for the Americas comprises the Governors of the eight BIS member central banks in the Americas

IMF Managing Director Kristalina Georgieva Congratulates Ilan Goldfajn On His Appointment As President Of The Inter-American Development Bank (IDB)

Date 21/11/2022

International Monetary Fund (IMF) Managing Director Kristalina Georgieva congratulated Ilan Goldfajn on his appointment as President of the Inter-American Development Bank.

BIS: Systemic Risk In Markets With Multiple Central Counterparties

Date 21/11/2022

Summary

Focus 

Central clearing has become a key feature of global derivatives markets following the Great Financial Crisis, altering the shape of financial networks. In centrally cleared markets, a central counterparty (CCP) sits at the centre, becoming the buyer to every seller and the seller to every buyer. In practice, however, derivatives clearing is characterised not by a single CCP, but by a small set of them. Importantly, a limited number of large banks link these CCPs together, representing the joint clearing membership that together accounts for the lion's share of clearing volumes.

ESMA Proposes Amendment To Simplify Cash Penalties Process For Cleared Transactions Under CSDR

Date 21/11/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a Final Report on amending the regulatory technical standards (RTS) on the Settlement discipline, to simplify the cash penalties process by putting the CSDs in charge of collection and distribution, including for CCP-cleared transactions.

Reflections On DeFi, Digital Currencies And Regulation - Speech By Jon Cunliffe Given At Warwick Business Schools’s Gilmore Centre Policy Forum Conference On Defi & Digital Currencies

Date 21/11/2022

In his speech Jon Cunliffe reflects on recent crypto market developments. He goes on to talk about the work that authorities are doing on the regulation of crypto stablecoins and our work on a potential central bank digital currency. 

ESMA Published Annual Report On Waivers And Deferrals

Date 21/11/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published its Annual Report on waivers and deferrals. In the report, ESMA provides a picture of the European trading landscape in 2021, encompassing the net effect of Brexit and the relocation process from the UK to the European Union (EU).

BIS: Basel Committee Publishes More Details On Global Systemically Important Banks

Date 21/11/2022

• Basel Committee provides additional information regarding the 2022 G-SIB assessment.
• Further details include global denominators and individual bank indicators.
• The release accompanies the Financial Stability Board's updated G-SIB list.

Susanna Grufman Takes Over As Acting Director General Finansinspektionen

Date 21/11/2022

Susanna Grufman has been the deputy director general since March 2020 in addition to her role as executive director for Markets. She will take over today, 21 November, as acting director general as Erik Thedéen steps down from his role as director general to become the head of the central bank.