News Centre

EBA Observed An Increasing Encumbrance Ratio In 2021 Albeit With Some Signs Of Stabilisation

Date 28/06/2022

• Following the outbreak of the COVID-19 pandemic, the encumbrance ratio continued an upward trend but remained roughly stable in the second half of 2021.
• Banks kept making extensive use of central bank funding and more than 50% of their central bank eligible-assets and collateral are now encumbered.
• Increasing encumbrance ratios might lead to adverse feedback loops of higher encumbrance and higher funding costs.

Navigating Market Signals: MaPS For Policy Makers – Remarks By Andrea Rosen, Given At An Association For Financial Markets In Europe (AFME) Event, London

Date 28/06/2022

Andrea Rosen talks about our market intelligence and analysis function. It helps us to understand and interpret what’s happening in global financial markets. She describes how it supports the work of our Monetary Policy Committee. 

ESMA Updates On Applications For Recognition From U.S.- Based CCPs

Date 28/06/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has announced its recognition of two central counterparties (CCPs) established in the United States (U.S.) as Tier 1 CCPs under the European Market Infrastructure Regulation (EMIR). These are the Fixed Income Clearing Corporation (FICC) and the Options Clearing Corporation (OCC).  

CME Group To Launch Event Contracts On September 19

Date 28/06/2022

CME Group, the world's leading derivatives marketplace, today announced it will launch event contracts on September 19, pending regulatory review.

HKEX To Include ETFs In Stock Connect On 4 July

Date 28/06/2022

Hong Kong Exchanges and Clearing Limited (HKEX) welcomes the joint announcement issued today (Tuesday) by the Hong Kong’s Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC), on the inclusion of Exchange Traded Funds (ETFs) into Stock Connect, with effect from Monday, 4 July 2022.

EBA Adopts Decision On Reporting Of Supervisory Data From Investment Firms’ Competent Authorities To The EBA

Date 28/06/2022

The European Banking Authority (EBA) adopted a decision on how competent authorities supervising investment firms under the Investment Firms Regulation (IFR) will transmit supervisory data to the EBA. This Decision sets the scope, timing and modalities of the data submission via the European Centralised Infrastructure of Data (EUCLID). The first submission is expected by 31 December 2022. 

DTCC’S Report Hub Community Grows To Over 70 Firms As Industry Prepares For Global Derivatives Trade Reporting Regulatory Changes - Report Hub Helps Firms Manage Regulatory Reporting Complexities Across 14 Jurisdictions, Including Global Derivatives Regulations, SFTR And MiFID II

Date 28/06/2022

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the community leveraging its DTCC Report Hub service has grown to more than 70 firms, including leading banks, major swap dealers, and some of the largest custodians, clearing houses and buy-side firms across the globe. The increased adoption of Report Hub comes as the industry prepares for forthcoming regulatory changes in global derivatives trade reporting.

Tehran Stock Exchange Weekly Market Review, Ended On 22 June 2022

Date 28/06/2022

Click here to download Tehran Stock Exchange's weekly market review.

The Bank Of London And SAP Fioneer Join Forces To Disrupt Global Clearing And Transaction Banking

Date 28/06/2022

The Bank of London, the world's first purpose-built global clearing, agency and transaction bank, has teamed up with SAP Fioneer, a leading global provider of financial services software solutions and platforms, to transform and simplify global clearing and transaction banking.

Statement By US Treasury Secretary Yellen On G7 Price Cap Announcement

Date 28/06/2022

The G7 leaders’ pursuit of a limit on the price of Russian oil represents a significant step in advancing our twin goals of sharply reducing Russian revenue and stabilizing global energy prices. Following the leaders’ direction today, the Treasury Department will work expeditiously with our counterparts in G7 countries, and other global allies and partners, to advance this effort.