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Statement On Proposed Mandatory Climate Risk Disclosures, SEC Chair Gary Gensler, March 21, 2022

Date 21/03/2022

Today, the Commission is considering a proposal to mandate climate-risk disclosures by public companies. I am pleased to support today’s proposal because, if adopted, it would provide investors with consistent, comparable, and decision-useful information for making their investment decisions and would provide consistent and clear reporting obligations for issuers. 

We Are Not The Securities And Environment Commission - At Least Not Yet, SEC Commissioner Hester M. Peirce, March 21, 2022

Date 21/03/2022

Thank you, Chair Gensler.  Many people have awaited this day with eager anticipation.  I am not one of them.  Contrary to the hopes of the eager anticipators, the proposal will not bring consistency, comparability, and reliability to company climate disclosures.  The proposal, however, will undermine the existing regulatory framework that for many decades has undergirded consistent, comparable, and reliable company disclosures.  We cannot make such fundamental changes to our disclosure regime without harming investors, the economy, and this agency.  For that reason, I cannot support the proposal.

Restoring Price Stability - Federal Reserve Chair Pro Tempore Jerome H. Powell, At "Policy Options For Sustainable And Inclusive Growth" 38th Annual Economic Policy Conference National Association For Business Economics, Washington, D.C.

Date 21/03/2022

Thank you for the opportunity to speak with you today.

Let me first pause to recognize the millions who are suffering the tragic consequences of Russia's invasion of Ukraine.

Finansinspektionen's Head Of Sustainable FinanceJohanna Fager Wettergren: Social Factors Are Important For Sustainable Investments

Date 21/03/2022

“A lot is about common sense; there isn't time to wait for the perfect solutions. This obviously applies to the climate, but it also clearly applies to social issues. Politicians may be equipped with the sharpest tools – but the financial sector has a very important role to play.”

EBA Publishes Final Draft Technical Standards On Default Probabilities And Loss Given Default For Default Risk Model Under The Internal Approach For Market Risk

Date 21/03/2022

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on probabilities of default (PDs) and losses given default (LGDs) for default risk model for institutions using the new Internal Model Approach (IMA) under the Fundamental Review of the Trading Book (FRTB). These final draft RTS specify the requirements for estimating PDs and LGDs using an institution's internal methodology or external sources. These draft RTS are part of the deliverables included in the roadmap for the new market and counterparty credit risk approaches.

Digiterre Appoints Mark Pickering As Director, Energy And Commodities

Date 21/03/2022

Digiterre, a software and data engineering consultancy, today announced the appointment of Mark Pickering as Director, Energy and Commodities. Mark joins Digiterre from CIO Squared, an IT consultancy he founded to serve the Oil & Gas, Energy & Commodities, and financial services sectors.

BIS: Quantitative Forward Guidance Through Interest Rate Projections

Date 21/03/2022

Summary

Focus

Forward guidance on the future path of policy rates has become a key element of central banks' monetary policy toolbox over the past decade. This paper analyses quantitative forward guidance through the publication of interest rate projections, a practice pursued by some inflation targeting central banks.

Borsa İstanbul’s Opening Bell Rang For Global Money Week

Date 21/03/2022

In Turkey, Global Money Week launched with the Opening Bell Ceremony organized in cooperation with Fo-der and Borsa İstanbul.

Fiserv And MX Enable Secure Consumer Financial Data Access To Accelerate Future Of Open Finance - Companies Facilitate Access To Tokenized Consumer Data To Enable Businesses To Better Serve Customers Across Their Many Financial Touchpoints

Date 21/03/2022

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, and MX, a financial data platform provider and a leader in modern connectivity, are accelerating the future of open finance through secure, reliable consumer financial data sharing. MX is the first company to access tokenized consumer data via AllData® Connect from Fiserv, to better enable a more secure way for consumers to share their financial data with their favorite apps or services.

Worldline And Mainsys Implement An Innovative Visa Debit-Bancontact Card Solution - A Bundled Innovative Account And Payment Card Solution Is Now Available For Banks And Neo-Banks

Date 21/03/2022

Worldline [Euronext: WLN], a global leader in payments services, has entered a partnership with Mainsys Financial Software, a Belgian IT company that offers comprehensive banking solutions. The joint solution has been recently rolled out for the first time to manage co-badged Visa Debit-Bancontact cards.