News Centre

ESMA Consults On Rules For Passporting For Investment Firms

Date 17/11/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is seeking input on the review of the technical standards under Article 34 of the Markets in Financial Instruments Directive (MiFID II), covering the provision of investment services across the EU.

Refinitiv’s Global Sanctions Index Reports A 270% Increase In Sanctions Since 2017

Date 17/11/2022

Refinitiv, an LSEG business, has released the second edition of its Global Sanctions Index (GSI), further assessing the phenomenon of sanctions hyperinflation, epitomized by a steady, yet rapid increase of 270% in the issuance of explicit sanctions since 2017.  

Acuiti Avelacom Proprietary Trading Report 4Q22 - Proprietary Trading Firms Boost Investment In Anticipation Of Strong Year Ahead

Date 17/11/2022

Proprietary trading firms are increasing investment budgets in anticipation of another strong year of trading in 2023, the latest Acuiti Proprietary Trading Management Insight Report has found.

There’s A Fund For That: Remarks Before FINRA’s Certified Regulatory And Compliance Professional Dinner, SEC Commissioner Hester M. Peirce, Washington D.C., Nov. 15, 2022

Date 17/11/2022

Thank you, Professor Angel, for that kind introduction. I appreciate the opportunity to speak with you this evening, but first must remind you that I will be expressing my own views and not necessarily those of the Securities and Exchange Commission (“SEC”) or my fellow Commissioners.

ESMA Publishes Guidelines On Resolvability And Cooperation Arrangements For Central Counterparties

Date 17/11/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published two Final Reports including guidelines on the central counterparties (CCPs) Resolution Regime under the CCP Recovery and Resolution Regulation (CCPRRR). 

BIS: How Capital Inflows Translate Into New Bank Lending: Tracing The Mechanism In Latin America

Date 17/11/2022

Summary

Focus 

Capital inflows affect firms' access to bank lending in emerging market economies. For example, when local banks receive a cross-border loan or when they sell bonds to investors abroad, capital flows into the country that can be passed on to local borrowers. We look at how local lending standards change during periods of high capital inflows by exploring changes in outstanding loans and prices. We compare banks with different balance sheet characteristics and how their lending standards differ for firms with high borrower risk.

FSB Outlines Framework For Monitoring Progress Toward The G20 Cross-Border Payments Targets

Date 17/11/2022

The Financial Stability Board (FSB) today published its report to the G20 on the framework for monitoring progress toward meeting the targets for the G20 Roadmap for Enhancing Cross-border Payments, to achieve cheaper, faster, more transparent, and more accessible payments. The framework includes key performance indicators (KPIs) defined across the 11 targets for the three market segments – wholesale, retail, and remittances. These estimates of progress toward meeting the targets will help to maintain momentum toward, and accountability for, achieving the targets.

Opportunity And Inclusive Economic Growth, Federal Reserve Governor Philip N. Jefferson, At The 2022 Institute Research Conference, Hosted By The Opportunity And Inclusive Growth Institute, Federal Reserve Bank Of Minneapolis, Minneapolis, Minnesota

Date 17/11/2022

Good morning, and thank you. It is a pleasure to be here. I would like to use my time today to answer the question posed by the title of this session: What can the Fed learn from research on opportunity and inclusive growth? But, first, let me remind you that the views expressed are my own and do not necessarily reflect those of anyone else on the Federal Open Market Committee or in the Federal Reserve System.

Securities Commission Of The Bahamas Assumes Control Of Assets Of FTX Digital Markets Ltd.

Date 17/11/2022

On 12 November 2022, the Securities Commission of The Bahamas (“the Commission”), in the exercise of its powers as regulator acting under the authority of an Order made by the Supreme Court of The Bahamas, took the action of directing the transfer of all digital assets of FTX Digital Markets Ltd. (“FDM”) to a digital wallet controlled by the Commission, for safekeeping. Urgent interim regulatory action was necessary to protect the interests of clients and creditors of FDM.

ACER To Amend Its Decision On The Long-Term Capacity Calculation Methodology For The Core Region

Date 17/11/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) issued the long-term capacity calculation methodology of the Core capacity calculation region (Core region) with its Decision of 3 November 2021. Following the Board of Appeal’s Decision of 7 July 2022, ACER will revise the methodology and amend its Decision.