News Centre

SIFMA Statement On SEC ESG Climate Disclosure Proposal

Date 21/03/2022

SIFMA released the following statement from president and CEO Kenneth E. Bentsen, Jr., on the Securities and Exchange Commission (SEC) proposal released today that is aimed at enhancing and standardizing climate-related disclosures for investors:

“We are reviewing the voluminous proposal now and look forward to providing comments, though we have initial concerns around the Scope 3 and limited safe harbor provisions as well as the hastened implementation timelines. We are supportive of material principles-based climate disclosures that deliver a balance of tailored disclosures and comparable quantitative information across registrants, while minimizing registrant compliance costs and ensuring a flexible disclosure regime that can meet evolving circumstances. SIFMA is committed to working with the SEC on disclosure of consistent, comparable, and accurate information that is useful to investors making investment decisions.”

ISDA Comment Letter On Canadian Business Conduct Rule

Date 21/03/2022

ISDA’s comments to the Canadian Securities Administrators (CSA) in response to the CSA’s proposed National Instrument 93-101 – Derivatives: Business Conduct.

BOX Options Market Equalized Cabling Infrastructure – Deployment Update

Date 21/03/2022

This circular is being issued by BOX Options Market LLC (“BOX”) to advise participants of the status of the network redesign and migration to the equalized cabling infrastructure, previously described in Information Circular IC-2022-05.

ISDA Responds To EU Commission On Euro Clearing Review

Date 21/03/2022

On February 8, the European Commission (EC) consulted on the review of the central clearing framework in the EU.

Statement On The Enhancement And Standardization Of Climate-Related Disclosures For Investors, SEC Commissioner Caroline A. Crenshaw, March 21, 2022

Date 21/03/2022

Today marks an important and long-awaited step forward for the Securities and Exchange Commission. While other jurisdictions and independent bodies have made significant strides to provide investors and companies with a basic framework for climate-related disclosures, for too long we have left the U.S. markets to rely solely on outdated and outmoded guidance.

Federal Reserve System Publishes Annual Financial Statements

Date 21/03/2022

The Federal Reserve System on Monday released the 2021 combined annual audited financial statements for the Federal Reserve Banks. The System also released individual statements for the 12 Federal Reserve Banks, the Board of Governors, and five limited liability companies (LLCs) related to lending facilities established to support the Federal Reserve's pandemic response.

SEC Proposes Rules To Enhance And Standardize Climate-Related Disclosures For Investors

Date 21/03/2022

The Securities and Exchange Commission today proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition, and certain climate-related financial statement metrics in a note to their audited financial statements. The required information about climate-related risks also would include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks.

CFTC Swaps Report Update

Date 21/03/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

Shelter From The Storm: Helping Investors Navigate Climate Change Risk[1], SEC Commissioner Allison Herren Lee, March 21, 2022

Date 21/03/2022

This is a watershed moment for investors and financial markets as the Commission today addresses disclosure of climate change risk – one of the most momentous risks to face capital markets since the inception of this agency. The science is clear and alarming, and the links to capital markets are direct and evident.

Nigerian Exchange: Investors To Earn Over N780bn From Proposed 2021 Dividends

Date 21/03/2022

Following recent proposed dividends from companies listed on Nigerian Exchange Limited (NGX), investors are set to earn over N780 billion for the year 2021.