News Centre

Finansinspektionen Leaves The Countercyclical Buffer Rate Unchanged

Date 13/12/2023

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged in the fourth quarter. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

BIS: Basel Committee Publishes Assessment Reports On The Implementation Of Its Global Standards In Mexico And Switzerland

Date 13/12/2023

• Basel Committee finds Mexico compliant with its Net Stable Funding Ratio standard and large exposures framework, and largely compliant with its Liquidity Coverage Ratio.
• Assessments find Switzerland largely compliant with the Committee's Net Stable Funding Ratio standard and large exposures framework.
• These publications form part of the Committee's Regulatory Consistency Assessment Programme.

Finansinspektionen: Aros Receives Warning And Administrative Fine

Date 13/12/2023

Finansinspektionen has decided that Aros Kapital will receive a warning and an administrative fine of SEK 45 million.

BIS - Interest Rate Risk Of Non-Financial Firms: Who Hedges And Does It Help?

Date 13/12/2023

Key takeaways

• Natural language text analysis of 80,000 company financial statements published by 14,000 non-financial firms in the euro area, United Kingdom and United States shows that around 50% of firms with variable rate debt hedge their interest rate risk.
• Firms that hedge interest rate risk tend to be larger and have smaller cash buffers and lower equity valuations.
• When interest rates rise, firms that hedge their interest rate risk experience a smaller negative impact on their interest coverage ratios and market valuations. They are also better able to maintain the size of their workforce.
• Our analysis highlights the importance of, and the challenges in, getting a comprehensive overview of hedging activity among non-financial firms.

Deutsche Börse Group: Business Indicators For November 2023

Date 13/12/2023

A summary of Deutsche Börse Group's business indicators for November 2023 is now available on the Deutsche Börse website:

ESMA To Launch And Participate In Common Supervisory Action On ESG Disclosures For Benchmarks Administrators

Date 13/12/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, will launch a Common Supervisory Action (CSA) with National Competent Authorities (NCAs) on ESG disclosures under the Benchmarks Regulation (BMR). It is the first CSA for ESMA in its role as a direct supervisor of Benchmarks Administrators.

Trading Technologies Announces New Dedicated Business Lines To Fuel Growth Across Asset Classes In 2024 - TT® Compliance And TT® Quantitative Trading Solutions Build On Existing Strengths, Recent Acquisitions Through New Strategic Focus

Date 13/12/2023

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the launch of two new lines of business, TT Compliance and TT Quantitative Trading Solutions (QTS), to further support the company's growth into new asset classes. The two dedicated lines of business build on TT's past offerings in trade surveillance and algorithmic/quantitative trading solutions that were strengthened by TT's acquisitions of Abel Noser Solutions – the industry-leading provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants – in August 2023 and RCM-X – a technology provider of algorithmic execution strategies and quantitative trading products – in March 2022.

ETFGI Reports That Assets Invested In The ETFs Industry In Europe Reached A New Milestone Of US$1.72 Trillion At The End Of November

Date 13/12/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that reports that assets invested in the ETFs industry in Europe reached a new milestone of US$1.72 trillion at the end of November.  Net inflows of US$18.24 billion were gathered during November, bringing year-to-date net inflows to US$138.49 billion. Year-to-date, assets invested in the ETFs industry in Europe increased by 21.6%, going from US$1.42 trillion at end of 2022 to US$1.72 trillion, according to ETFGI's November 2023 European ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Brokers Expanding Global Services Amid Shifting User Requests: Devexperts 2024 Forecast

Date 13/12/2023

• Devexperts forecasts an expansion of broker services beyond the US market into global stocks, ETFs, and diverse asset class trading in 2024.
• Brokers will continue to navigate market shifts such as Options trading volumes surpassing Futures, heightened regulatory compliance, and cryptocurrency market volatility.
• Brokers will need to provide traders with access to diverse global markets and multi-asset trading at all hours of the day.
• All-encompassing solutions for execution, clearing, and back-office operations will become a trend with brokers.

TMF Group Adopts Broadridge's Sentry Loan Administration Platform To Scale For Private Debt And CLO Fund Services Business Growth

Date 13/12/2023

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announces that TMF Group, a leading provider of critical compliance and administration services, has enhanced its private debt and Collateralised Loan Obligation (CLO) service capabilities with the adoption of Broadridge's Sentry PM, a cloud-based private debt and CLO portfolio management solution.