Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

CCData-468x60x2.jpg BT_Radianz_468x60_Jul23 FEAS 30th Anniversary Conference

  • The EBA Publishes Its Report On The First Mandatory Exercise On Basel III Full Implementation Impact

    Date 30/09/2022

    The European Banking Authority (EBA) today published its first mandatory Basel III Monitoring Report which assesses the impact that Basel III full implementation will have on EU banks in 2028. According to this assessment, which uses a significantly larger sample than in previous years and applies the same methodology as the Basel Committee on Banking Supervision (BCBS), the full Basel III implementation would result in an average increase of 15.0% of the current Tier 1 minimum required capital of EU banks. To comply with the new framework, EU banks would need EUR 1.2 billion of additional Tier 1 capital. The overall impact includes the economic impact of the Covid-19 pandemic on participating banks that materialised up to December 2021, the reference date of this Report.  The Report also includes a separate Annex on the impact of the EU Commission proposal for the EU implementation under the Capital Requirements Regulation (CRR3). 

  • EBA Releases The Technical Package For Phase 3 Of Its 3.2 Reporting Framework

    Date 30/09/2022

    The European Banking Authority (EBA) today published the technical package for phase 3 of version 3.2 of its reporting framework. The technical package supports the implementation of the updated reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM) and the XBRL taxonomies for version 3.2.

  • Nigerian Exchange Group Holds 61st Annual General Meeting

    Date 30/09/2022

    The Nigerian Exchange Group Plc. ("NGX Group" or "the Company" or "the Group") held its 61st Annual General Meeting (AGM) in Lagos on Friday, 30 September 2022, where shareholders approved resolutions by the company’s Board of Directors. Mr. Apollos Ikpobe and Dr. Okechukwu Itanyi retired by rotation and were re-elected as non-executive directors. Professor Enase Okonedo’s resignation was earlier approved by the board and as such she was not presented for re-election. Other resolutions adopted at the AGM include the appointment of Ernst & Young as NGX Group's external auditors; the Board's authority to fix the Audit Company's remuneration; the disclosure of NGX Group's executive remuneration; and the re-election of the Statutory Audit Committee. 

  • SEC Charges Two Canadian Software Engineers With Insider Trading

    Date 30/09/2022

    The Securities and Exchange Commission today announced insider trading charges against two Canadian software engineers who made $1.6 million by trading ahead of non-public, market-moving financial information.

  • Large Bank Supervision And Regulation, Federal Reserve Governor Michelle W. Bowman, At The Institute Of International Finance (IIF) Event: In Conversation With Michelle Bowman, Washington, D.C. (virtual)

    Date 30/09/2022

    Today, I would like to talk about the future of supervision and regulation of the largest banks, which changed significantly after the financial crisis 14 years ago and has evolved more gradually over the past 5 years. As the backdrop for this look into the future, it is important to recognize that this recent past for supervision and regulation has been a success, resulting in a banking system that is safer, stronger, better capitalized, and more resilient. This is particularly true for oversight of the largest banks, including global systemically important banks (GSIBs), and their central role in the financial system. As supervision and regulation have been refined in recent years, the largest banks have maintained high levels of capital, and their resilience has been repeatedly confirmed by both supervisory and real-life stress tests. Most notably, the U.S. financial system faced the onset of the pandemic in the spring of 2020, which disrupted financial markets and raised fears of a severe crisis. During this time, banks performed very well, continuing to keep credit flowing throughout the financial system as governments and central banks responded to the crisis, setting the stage for a rapid recovery from the sharpest economic contraction that the U.S. economy has ever experienced.

MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg FEAS_2025_MondioVisione_120x600-banner