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BIS: Macro-Financial Stability Frameworks And External Financial Conditions - Report Submitted To The G20 Finance Ministers And Central Bank Governors

Date 15/07/2022

Economies around the world currently face the extraordinary challenge of dealing with surging inflation and tightening global financial conditions amid elevated financial vulnerabilities. This highlights the importance of a macro-financial stability framework (MFSF) designed to limit the emergence of those vulnerabilities and mitigate their consequences. The report outlines the key features of MFSFs that could durably safeguard macro-financial stability, with a particular emphasis on how to deal with the risks linked to ebbs and flows in global financial conditions. MFSFs combine monetary, fiscal and macroprudential policies with FX intervention and capital flow management measures within a holistic framework. The aim is to prevent the interaction of macroeconomic and financial forces from undermining macroeconomic and financial stability. This requires preventive macro-financial stability policies to ward off vulnerabilities and to build policy buffers in good times so that they can be drawn down in bad times. Relying on the full array of policies is essential to achieve a balanced approach and to avoid overburdening individual ones.

Nigerian Exchange Weekly Market Report For July 15th, 2022

Date 15/07/2022

It was a brief trading week as the Federal Government of Nigeria declared Monday 11th and Tuesday 12th July 2022 as Public Holidays to commemorate the Eid el-Kabir celebration.

SEC Awards Whistleblowers More Than $6 Million

Date 15/07/2022

The Securities and Exchange Commission today announced awards totaling more than $6 million to two whistleblowers who provided critical information and assistance in two separate covered actions.

Federal Reserve Board Releases Results Of Survey Of Senior financial Officers At Banks About Their Strategies And Practices For Managing Reserve Balances

Date 15/07/2022

The Federal Reserve Board on Friday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between May 6, 2022, and May 20, 2022, and includes responses from banks that held approximately three quarters of total banking system reserve balances at the time of the survey.

BIS: Risk Capacity, Portfolio Choice And Exchange Rates

Date 15/07/2022

Summary

Focus

Fluctuations in the risk sentiment of global portfolio investors can lead to shifts in portfolio holdings, even without changes in fundamentals or currency mismatches on the part of the borrower. Such shifts in risk sentiment can occur when the investor's risk constraint is relaxed or tightened in reaction to market events. The focus is on how exchange rate changes affect risk constraints and hence the investor portfolios of sovereign bonds issued in the local currencies of emerging market economies (EMEs).

LME: Extension To Implementation Of OTC Position Reporting And Accountability Levels For Reportable OTC Positions

Date 15/07/2022

This Notice informs market participants that the London Metal Exchange (“LME”) has decided to extend the implementation date of the Proposals set out in Decision Notice 22/161 to Monday 5 September 2022, on the basis of updated feedback from Members as to their implementation timelines.

Anne Glover And Diana Noble Reappointed To The Court Of The Bank Of England

Date 15/07/2022

Anne Glover and Diana Noble have been reappointed by Her Majesty the Queen as Non-Executive Directors of the Court of the Bank of England. They have been reappointed for second terms of four years, to 31 May 2026.

ACER Assesses ENTSOG’s Gas Summer Supply Outlook In View Of Risks Of Russian Supply Disruptions

Date 15/07/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today its Opinion on the Summer Supply Outlook for 2022 of the European Network of Transmission System Operators for Gas (ENTSOG).

Fiserv And MX Win Tearsheet Data Innovation Award For Enabling Secure Financial Data Sharing - Partnership To Provide Secure Access To Tokenized Consumer Data Led To The Second Data Innovation Award For Fiserv In As Many Years

Date 15/07/2022

Fiserv, Inc. (NASDAQ: FISV) and MX are joint recipients of the Tearsheet 2022 Data Innovation Award, underscoring the companies’ roles as leaders in open finance. Fiserv and MX were recognized for enabling consumers to securely and reliably share financial data with their favorite apps or services through direct connections, eliminating the need to share personal credentials such as usernames and passwords with third parties.

Malawi Stock Exchange Weekly Summary, 15 July 2022

Date 15/07/2022

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