News Centre

ESAs Consult On Draft Guidelines On The System For The Exchange Of Information Relevant To Fit And Proper Assessments

Date 31/01/2023

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a consultation paper on draft joint Guidelines on the system for the exchange of information when assessing the fitness and propriety requirements. These Guidelines aim to increase the efficiency of the information exchange between sectoral supervisors by harmonising practices and clarifying how competent authorities should use the information system developed by the three ESAs.

Xetra ETF & ETP Statistics 2022: High Growth Rates For ETFs With Focus On Sustainability, Commodities, And Banking Sector

Date 31/01/2023

• ETF trading turnover on Xetra rises by 14 per cent to new record level of €232.8 billion
• Deutsche Börse records highest listing activity since launch of ETF & ETP segment with 480 new product admissions
• Xetra remains Europe's largest ETF exchange by number of products and trading volume

BIS: The Financial Stability Institute - 2022 In Review

Date 31/01/2023

The Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) assists central banks and financial regulatory and supervisory authorities worldwide in strengthening their financial systems by supporting the implementation of global regulatory standards and sound supervisory practices.

EBA Launches 2023 EU-Wide Stress Test

Date 31/01/2023

• The exercise assesses the performance of banks under a baseline and adverse scenario during the period 2023-25.
• The adverse scenario assumes a hypothetical worsening of geopolitical tensions leading to a severe decline in GDP with persistent inflation and high interest rates. The adverse scenario is designed to ensure a significant severity of various macro-economic and financial shocks across all EU countries and, for the first time, depicts a breakdown of the shocks (on real gross value added) by economic sectors.
• The EU-wide stress test will be conducted on a much larger sample compared to previous years, covering 70 EU banks and 75% of total banking assets in the EU.

ESMA Withdraws The CRA Registration Of Qivalio SAS

Date 31/01/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has withdrawn the credit rating agency (CRA) registration of Qivalio SAS, following the asset transfer of the credit rating activities from Qivalio SAS to EthiFinance Ratings S.L. (formerly Axesor).

EBA Clarifies The Application Of Strong Customer Authentication Requirements To Digital Wallets

Date 31/01/2023

The European Banking Authority (EBA) today published three Q&As that, jointly with three other Q&As that the EBA had published previously, clarify comprehensively the application of strong customer authentication (SCA) to digital wallets under the revised Payment Service Directive (PSD2). This press release provides a summary of these Q&As and, thus, aims at bringing about a consistent understanding by all market stakeholders of the applicable requirements.

NSE Indices Index Dashboard For The Month Ended January 2023

Date 31/01/2023

Click here to download the 'Index Dashboard' for the month ended January 2023. 

EIB Issues Its First Ever Digital Bond In Pound Sterling

Date 31/01/2023

• The EIB is continuing to spearhead market developments in the digitalisation of capital markets with a fully digitally native bond issuance in pound sterling.
• The £50 million digital bonds, which bear a floating rate of interest, are registered in a private blockchain that ensures privacy and efficiency, while a public blockchain mirror record provides increased transparency on an anonymised basis.
• The EIB has appointed BNP Paribas, HSBC and RBC Capital Markets as joint lead managers.
• The digital bonds will be held in digital securities accounts kept on HSBC Orion.
• The BNP Paribas Securities Services business in Luxembourg, RBC and HSBC will act as custodians for existing clients who invest in this digital bond.

EBA Launches Public Consultation On The Amending ITS On Supervisory Reporting To Introduce New IRRBB Reporting

Date 31/01/2023

• The consultation paper proposes new, harmonised reporting requirements for the assessment and monitoring of institutions’ Interest Rate Risk in the Banking Book (IRRBB) across the EU.
• This new reporting will provide supervisors the necessary data to monitor IRRBB risks in credit institutions, taking into careful consideration the concept of proportionality.

MNI Indicators: Chicago Business Barometer™- Weakened To 44.3 In January January Chicago Report™ Signals Contractionary Start To 2023

Date 31/01/2023

The Chicago Business BarometerTM, produced with MNI, moderated by -0.8 points to 44.3 in January; the fifth consecutive month below 50. This follows a December rebound to signal a softer downturn.