News Centre

Ontario Securities Commission Seeks Comment On Proposed Fee Changes For Restricted Dealers

Date 10/11/2023

The Ontario Securities Commission (OSC) published for comment proposed changes to its fee rules that would establish new fees for restricted dealers or firms that have been permitted to carry on business under terms and conditions imposed by the OSC.

BIS: Do Banks Practice What They Preach? Brown Lending And Environmental Disclosure In The Euro Area

Date 10/11/2023

The reduction of information asymmetries between banks and their stakeholders is essential to guarantee the functioning of the market discipline mechanisms that allow investors, depositors and other actors to monitor bank risk-taking practices. Despite regulatory requirements, there is still a risk that banks may engage in "environmental window dressing", which involves increasing the environmental disclosure in their financial reports without actually acting as environmentally responsible lenders (ie not practising what they preach).

BIS: Profitability, Valuation And Resilience Of Global Banks - A Tight Link

Date 10/11/2023

Equity valuations signal investors' persistent concerns about some global systemically important banks (G-SIBs). For these banks, the price-to-book ratio (PBR) – the market value relative to the accounting value of equity – has been trending downward or has remained at deeply low levels over most of the past decade. A low PBR indicates investor scepticism regarding the bank's capacity to sustainably generate profits. Against this backdrop, we investigate whether profitability deficiencies can undermine resilience.

Capital Markets Fact Sheet - Q3 2023 - A Quarterly Visual Overview Of Trading On European Capital Markets From FESE's Stats Team

Date 10/11/2023

Chinese Company Will Semiconductor Lists Its GDRs At SIX Swiss Exchange

Date 10/11/2023

Today, Will Semiconductor (Ticker "WILL") becomes the seventh company to list Global Depository Receipts (GDRs) at SIX Swiss Exchange in 2023.

Malawi Stock Exchange Weekly Summary, 10 November 2023

Date 10/11/2023

Click here to download Malawi Stock Exchange's weekly summary.

FSB - Identification Of Critical Functions Of Insurers: Practices Paper

Date 10/11/2023

The identification of critical functions is an important part of resolution planning, which is often conducted as a first step to help inform resolution planning decisions.

Bank Of England Launches Latest Phase Of The System-Wide Exploratory Scenario Exercise

Date 10/11/2023

The Bank of England (Bank) has today published the latest phase of the System-wide Exploratory Scenario (SWES) with bank and non-bank participants provided a hypothetical stress scenario. 

UK Leads International Crackdown On Crypto Tax Evaders

Date 10/11/2023

• UK leads on first of its kind global commitment to combat offshore crypto tax evasion
• Minister Victoria Atkins praises international cooperation to close gap in global tax system and potentially recoup hundreds of millions of pounds in lost revenue
• landmark agreement follows UK leadership on historic G20/OECD global tax deal agreed in 2021, that clamps down on corporate tax avoidance and will ensure the right tax is paid in the right place

GPW: Excellent Q3 2023 Financial Performance

Date 10/11/2023

• Revenue of the GPW Group was PLN 106.1 million in Q3 2023 (+19.9% YoY) and PLN 329.0 million in 9M 2023 (+10.5% YoY)
• Revenue of the new business lines (Armenia Securities Exchange and GPW Logistics) at PLN 10.5 million in Q3 2023 and PLN 29.5 million in 9M 2023
• EBITDA at PLN 39.7 million in Q3 2023 (+36.1% YoY) and PLN 118.5 million in 9M 2023 (-6.4% YoY)
• Net profit attributable to the owners of the parent entity at PLN 39.7 million in Q3 2023 (+27.5% YoY) and PLN 111.3 million in 9M 2023 (+3.7% YoY)