News Centre

BIS: The Design Of A Data Governance System

Date 05/05/2022

Technological developments over the last two decades have led to an explosion in the availability of data and their processing. Consumers often do not know the benefits of the data they generate, and find it difficult to assert their rights regarding the collection, processing and sharing of their data.  We propose a data governance system that restores control to the parties generating the data, by requiring consent prior to their use by service providers. The system should be open, with consent that is revocable, granular, auditable, and with notice in a secure environment. Conditions also include purpose and use limitation, data minimisation, and retention restriction. Trust in the system and widespread adoption are enhanced by mandating specialised data fiduciaries. The experience with India's Data Empowerment Protection Architecture (DEPA) suggests that such a system can operate at scale with low transaction costs.

Intercontinental Exchange Approves Second Quarter Dividend Of $0.38 Per Share

Date 05/05/2022

Intercontinental Exchange (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced today a $0.38 per share dividend for the second quarter of 2022, which is up 15% from the $0.33 per share dividend paid in the second quarter of 2021. The cash dividend is payable on June 30, 2022 to stockholders of record as of June 15, 2022. The ex-dividend date is June 14, 2022.

EEX Group Monthly Volumes - April 2022

Date 05/05/2022

EEX Group reports their April volumes with the following highlights:

UK Financial Conduct Authority: Supporting Consumers In Challenging Times - Speech By Sheldon Mills, Executive Director, Consumers And Competition, Delivered At The Building Societies Annual Conference

Date 05/05/2022

Highlights

• Many consumers are feeling the impact of the cost of living crisis – the financial services industry has a role to play in helping consumers manage their personal finances.
• Firms that are diverse and inclusive will deliver better outcomes for consumers and markets – we expect to see greater diversity in terms of gender and ethnicity in the building societies sector.
• Open Banking will bring opportunities for building societies and their members, for example by enhancing members’ experience or improving greater data access – firms should unlock these benefits to consumers through innovation.
• Later life lending is growing – to serve older borrowers well, suitable advice and responsible lending are key.

METACO Partners With Brink’s To Strengthen Institutional Digital Asset Custody Capabilities - Partnership Enables Financial Institutions To Transport And Store Physical Key Backups Across Multiple High-Security Vaults

Date 05/05/2022

METACO, the leading provider of security-critical software and infrastructure to the digital asset ecosystem, has announced a partnership with Brink’s, the global leader in total cash management, route-based secure logistics and payment solutions. 

Dubai Financial Market: DEWA Joins DFM General Index

Date 05/05/2022

Dubai Financial Market announces the joining of DEWA to DFM general index and to utilities index sector, as of May 12, 2022.

Exchange Of Letters Between The Governor Of The Bank Of England And The UK Chancellor On The Asset Purchase Facility - May 2022

Date 05/05/2022

Exchange of letters between the Governor and the Chancellor

Intercontinental Exchange Reports Strong First Quarter 2022

Date 05/05/2022

• 1Q22 net revenues of $1.9 billion, +6% y/y
• 1Q22 GAAP diluted EPS of $1.16, +2% y/y
• 1Q22 adj. diluted EPS of $1.43, +7% y/y
• 1Q22 operating income of $992 million, +11% y/y; adjusted operating income of $1.2 billion, +8% y/y
• 1Q22 operating margin of 52%; adj. operating margin of 61%
• 1Q22 operating cash flow of $756 million; $689 million returned to stockholders through dividends and stock repurchases

Bank Of England: Bank Rate Increased To 1% - May 2022 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 05/05/2022

Monetary Policy Summary, May 2022

The MPC sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%.

Eventus Wins Best In RegTech For Third Consecutive Year At 2022 Markets Media Markets Choice Awards

Date 05/05/2022

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, last night won the Markets Media Markets Choice Award for Best in RegTech for the third consecutive year. The award honors the firm that most helped capital markets firms comply with regulation.