News Centre

Basel Committee Publishes Evaluation Of Buffer Usability And Cyclicality In Its Regulatory Framework; Issues Newsletter On Positive Cycle-Neutral Countercyclical Capital Buffer Rates

Date 05/10/2022

• New evaluation report finds some indications of a positive relationship between banks' capital headroom and lending and further evidence that temporary reductions in capital requirements supported lending during the Covid-19 pandemic.
• Report finds limited evidence that banks' reluctance to use liquidity buffers has affected their lending and market activity, and little sign of procyclical effects on lending during the pandemic related to the introduction of the expected credit loss (ECL) framework.
• Basel Committee stresses the importance of the prudent build-up and use of buffers at banks to smooth the impact of internal and external shocks.

Cboe Joins Pyth Network To Bring Market Data To Blockchain

Date 05/10/2022

• Cboe is the first major global exchange operator to join the Pyth Network
• Plans to contribute real-time, derived market data to serve the global DeFi community, starting with 10 symbols from one of its four U.S. equities markets
• Reflects Cboe's broader commitment to help grow and mature the digital asset ecosystem

Intercontinental Exchange Reports September And Third Quarter 2022 Statistics

Date 05/10/2022

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported September 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Ground-Breaking SWIFT Innovation Paves Way For Global Use Of CBDCs And Tokenised Assets

Date 05/10/2022

SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem.

FINRA Foundation Announces 2022 Military Spouse Fellows - The Fellowship Program Gives Military Spouses Resources And Accreditation To Help Their Community Overcome Financial Strains And Advance Their Careers

Date 05/10/2022

The FINRA Investor Education Foundation (FINRA Foundation) and the Association for Financial Counseling and Planning Education® (AFCPE®) announced today the 2022 FINRA Foundation Military Spouse Fellowship recipients.

ICE Global Network Expands Wireless Service In Europe - New Offerings Planned In Bergamo And London

Date 05/10/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it is expanding its wireless offering in Europe. ICE plans to offer market data and private bandwidth services over wireless between Bergamo, Frankfurt, London and within the London metro area. These new wireless networks are designed to provide market participants with a lower latency solution for connectivity between trading venues.

IMF Releases The 2022 Financial Access Survey Results

Date 05/10/2022

The International Monetary Fund released the results of the thirteenth annual Financial Access Survey (FAS) which presents the 2021 data and highlights the continued expansion in the use of digital financial services—considerably higher than pre-pandemic levels. The survey also shows a decline in the balances of outstanding loans to SMEs and persistent gender gaps in financial access for many economies. Microfinance institutions played an important role in some economies promoting the inclusion of unserved and underserved populations, including by channeling pandemic support.

BNY Mellon And Pirum Launch New Collateral Optimization Service To Improve Profitability

Date 05/10/2022

BNY Mellon and Pirum today announced the launch of a joint optimization service to offer collateral providers margining, risk management and inventory management to drive improved risk-return outcomes. The solution, ECPOConnect, combines BNY Mellon’s industry leading collateral management service, ECPO, which optimizes more than $4 trillion in assets globally, with Pirum’s CollateralConnect platform, a SaaS based solution supporting front-to-back cross-asset margin, collateral and inventory management and optimization.

Monetary Policy: Past, Present And Future - Remarks By Mr Claudio Borio, Head Of The Monetary And Economic Department Of The BIS, At The Cato Institute's 40th Annual Monetary Conference, 8 September 2022

Date 05/10/2022

A single thread runs through the challenges monetary policy has faced over the past 40 years, those it is facing now and those that it may well face in the future: this is the changing nature of the business cycle.

Monetary Authority Of Singapore Launches ESG Impact Hub To Spur Growth Of ESG Ecosystem

Date 05/10/2022

The Monetary Authority of Singapore (MAS) today launched the ESG Impact Hub (the Hub) to spur co-location and collaboration between Environment, Social, Governance (ESG) FinTech start-ups and solution providers, financial institutions and real economy stakeholders. The Hub will also anchor industry-driven sustainability initiatives such the Point Carbon Zero Programme  and KPMG's ESG Business Foundry. Located at The Great Room at Afro-Asia, the launch was officiated by Mr Ravi Menon, Managing Director of MAS.