News Centre

Finansinspektionen - Macro-Based Stress Tests Of Swedish Banks: Results And Method, Autumn 2022

Date 29/11/2022

Major Swedish banks demonstrate considerable resilience in the stress test Finansinspektionen (FI) conducted in 2022. The test identifies the potential effects on the five largest Swedish banks’ financial positions when interest rates and inflation increase. This memorandum (only available in Swedish) describes the method behind the stress test and its results.

BME: Ecoener Debuts On MARF With A 50 Million Euro Green Commercial Paper Programme

Date 29/11/2022

BME's Fixed Income Market, MARF, today admitted Grupo Ecoener's new Commercial Paper (CP) Programme for 50 million euros. This programme is the first to be registered by the company on the market and will allow it to raise funding by accessing qualified investors to diversify its sources of financing.

FTSE Russell Launch First Multi Asset Digital Asset Index Series

Date 29/11/2022

FTSE Russell, a leading global index provider, today announces the launch of its first multi asset, market cap index series covering the investable digital asset market. The newly launched FTSE Global Digital Asset Index Series, built in association with the experts at Digital Asset Research (DAR), covers eight indices from large to micro cap, and is the second FTSE Russell index series based on FTSE DAR Reference Price data.

Stak FX Ltd, Target Of Suspected Identity Fraud: BaFin Issues Warning Against Trading Platform Stakefx.Com

Date 29/11/2022

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that StakeFX Markets Ltd, Seychelles, does not have authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin. When presenting itself to customers, the company untruthfully claims connection to or identifies itself as the Cypriot company Stak FX Ltd, which is registered with BaFin. BaFin has no reason to believe that the claim is true; rather, it is likely that Stak FX Ltd has become the target of identity fraud.

Euronext Launches Gender Equality Indices

Date 29/11/2022

• The Euronext Equileap Gender Equality Eurozone 100 and Euronext Equileap Gender Equality France 40 indices offer exposure to companies with strong gender equality performance

• Euronext Equileap Gender Equality France 40 is the first national gender index

BME Launches SICAM 2.0, Its New RegTech Platform Against Market Abuse

Date 29/11/2022

• The new platform release covers more markets and will speed up the work of financial institutions´ regulatory compliance teams, asset managers and brokers
• The service, which is already a leader in Spain with around 40 clients, can be exported to other countries where SIX has a presence

New Research By Acuiti And Eventus Reveals Increase In Regulatory Requirements, Trading Environment Complexities Drives Investment In Trade Surveillance

Date 29/11/2022

The increasing complexity of trade surveillance requirements, driven by regulatory demands and exacerbated by volatility, is putting pressure on manual processes and driving investment in automation, a new study by Acuiti has found. 

CPMI And IOSCO Report On Financial Market Infrastructures' Cyber Resilience Finds Reasonably High Adoption Of Cyber Guidance But Highlights One Serious Issue Of Concern And Four Issues Of Concern

Date 29/11/2022

• The report finds reasonably high adoption of the Guidance on cyber resilience for financial market infrastructures (“Cyber Guidance”) by FMIs.
• The report finds one serious issue of concern and four issues of concern. The serious issue of concern relates to a small number of FMIs not fully meeting expectations regarding the development of cyber response and recovery plans to meet the two-hour recovery time objective (2hRTO). The four additional issues of concern relate to shortcomings in established response and recovery plans to meet the 2hRTO under extreme cyber-attack scenarios; lack of cyber resilience testing after major system changes; lack of comprehensive scenario-based testing; and inadequate involvement of relevant stakeholders in testing.
• These findings highlight clear challenges for FMIs’ cyber resilience that should be addressed with the highest priority.

Borsa Istanbul : “OIC/COMCEC International Investment Fund” Panel Has Been Held

Date 29/11/2022

Within the scope of the 38th Ministerial Session of COMCEC, a panel on the “OIC/COMCEC International Investment Fund”, which was established on November 29th, 2022 in order to strengthen the capital markets of the Organization of Islamic Cooperation (OIC) was held. In the panel, an overview of OIC capital markets, the importance and challenges of OIC capital markets, digitalization and digital assets, the investment criteria of the Islamic Development Bank (IsDB), as well as challenges faced and solutions provided during the establishment of the Fund, the investment opportunities it offers, its sustainability, how it can contribute to the OIC capital markets were discussed. OIC national delegations, OIC financial institutions, investors, relevant experts and academics participated in the panel.

From Zeroes To Heroes: How Culture In Financial Services Can Change For Everyone’s Benefit - Speech By Emily Shepperd, UK Financial Conduct Authority Chief Operating Officer And Executive Director Of Authorisations, Delivered At City And Financial Global's 8th Annual Culture And Conduct Forum For The Financial Services Industry.

Date 29/11/2022

• Speaker: Emily Shepperd, Chief Operating Officer and Executive Director of Authorisations
• Event: City and Financial Global's 8th Annual Culture and Conduct Forum for the Financial Services Industry
• Delivered: 28 November 2022
• Note: This is the published version of the speech which may differ to that delivered.