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Why Macroprudential Policy Needs To Tackle Financial Stability Risks From Climate Change − Speech By Elisabeth Stheeman, Bank Of England, Member Of Financial Policy Committee, Given At Queen’s University Belfast

Date 03/05/2022

Elisabeth Stheeman notes that climate change and the transition to net zero have big consequences for the economy and the financial system.

Purdue University/CME Group Ag Economy Barometer: Producer Sentiment Improves With Strengthened Commodity Prices - But High Cost Inflation Worries Farmers

Date 03/05/2022

The Purdue University/CME Group Ag Economy Barometer improved in April up 8 points to a reading of 121; however, it remains 32% below its reading from the same time last year. Producers' perspective on current conditions and future expectations saw an uptick over the past month. The Index of Current Conditions improved 7 points to a reading of 120 and the Index of Future Expectations improved 9 points to a reading of 122. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. This month's survey was conducted between April 18-22.

EBA Publishes Amended Final Draft Technical Standards On The Mapping Of ECAIs For Securitisation Positions

Date 03/05/2022

The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) to amend the Implementing Regulation on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for securitisation positions. The changes reflect the relevant amendments introduced by the new Securitisation Framework, as well as the mappings for three ECAIs that extended their credit assessments to cover securitisations. The Implementing Regulation is part of the EU Single Rulebook for banking aimed at creating a safe and sound regulatory framework consistently applicable across the European Union (EU).

CME Group To Launch Options On Micro WTI Crude Oil Futures As Futures Volume Nears 20 Million Contracts Traded

Date 03/05/2022

CME Group, the world's leading derivatives marketplace, today announced it will expand its micro-sized energy offerings with the launch of options on Micro WTI Crude Oil futures on June 6, 2022, pending regulatory review.

OCC April 2022 Total Volume Becomes Highest April On Record, Up 9.4% Year-Over-Year

Date 03/05/2022

OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through April 2022 was 41.8 million contracts, up 4.2 percent compared to year-to-date average daily volume through April 2021. Total volume was 782.8 million contracts, up 9.4 percent compared to April 2021.

Federal Efforts With Credible Market Participants Portend A Framework For Wealth Managers Offering Digital Assets, Says Aite-Novarica Group - A New Executive Order And Bipartisan Legislation Will Prescribe Areas Of Jurisdiction For The SEC And The CFTC, As Well As Guidelines For Consumer Protection

Date 03/05/2022

Regional and global stakeholder interest in and curiosity about digital assets are growing across the financial services industry, even in the absence of a comprehensive U.S. federal regulatory framework. In a new Impact Report, U.S. Regulatory Developments for Digital Assets: Implications for U.S. Wealth Managers, research and advisory firm Aite-Novarica Group summarizes recent announcements from the Biden Administration coupled with impending bipartisan legislation, and evaluates its potential impact on the U.S. wealth management industry.

REMIT News: The Latest REMIT Quarterly Is Online

Date 03/05/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today the 28th edition of its REMIT Quarterly. Covering the first quarter of 2022, this edition highlights the REMIT decision on market manipulation in the French gas market, upheld by the French High Court, which resulted in EUR 1 million fine.

gtradex.net: BaFin Investigates GTradex Corporation

Date 03/05/2022

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that GTradex Corporation has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin.

Bank Of England: Minutes Of The Standards Advisory Panel - April 2022 - The Latest Meeting Of The Standards Advisory Panel (SAP)

Date 03/05/2022

The Chair welcomed members and provided an overview of the agenda for the meeting. The Chair walked through actions from the last meeting.

CME Group Reports April 2022 Monthly Market Statistics

Date 03/05/2022

• Highest-ever April ADV
• Overall ADV increased 26% year-over-year
• Record SOFR options ADV and OI
• Equity Index ADV up 42%, led by growth in E-mini S&P 500 options