News Centre

Bank Of England Launches A Second Round Of The Biennial Exploratory Scenario (BES) Exercise On Financial Risks From Climate Change

Date 09/02/2022

Today the Bank of England (Bank) launches the second round of the Biennial Exploratory Scenario (BES) exercise on financial risks from climate change. The objective of the Climate BES is to explore the financial risks posed by climate change for the largest UK banks and insurers (participants). This is in line with the plan for the Climate BES set out in June 2021. All first round Climate BES participants are taking part in the second round. Further background on the Climate BES can be found in the Key elements documents of the 2021 Biennial Exploratory Scenario.

Statement On Proposed Rules For Private Fund Advisers, SEC Commissioner Allison Herren Lee, Feb. 9, 2022

Date 09/02/2022

Transparency, protection against conflicts of interest, and accountability – these are cornerstones of investor protection in all markets and for all investors. I am pleased to support today’s proposal which seeks to achieve these goals in the private fund space in a thoughtful and well-informed manner. With over 5,000 registered private fund advisers managing over $18 trillion in private fund assets, this growing segment of the market has a significant impact on investors, capital markets and our economy. As noted in the release, the staff has a decade of oversight under its belt, and now brings that depth of experience and expertise to bear in proposing a number of important reforms.

Moscow Exchange: Risk Parameters Change For The Security DOCS-RM

Date 09/02/2022

As per the Securities market risk parameters methodology, on 09.02.2022, 18-35 (MSK) the upper bound of the price band (up to 5635) and initial margins (up to 87.5 %) for the security DOCS-RM were changed.

BIS: Governors And Heads Of Supervision Unanimously Reaffirm Commitment To Implementing Basel III Framework - Reappoint Pablo Hernández de Cos As Chair Of The Basel Committee

Date 09/02/2022

• The Basel Committee's oversight body reiterates its commitment to implementing all aspects of the Basel III framework.
• Reappoints Pablo Hernández de Cos as Chair of the Basel Committee for a second term.
• Begins the process for selecting the Chair of the Group of Governors and Heads of Supervision to succeed François Villeroy de Galhau.

‘A New Era For Money’: Green Paper Outlines A Digital Future For The Pound - New Paper Advocates For Closer Public-Private Collaboration To Advance Exploration Of A Digital Currency In The UK, Before A Real-World Pilot Of ‘Digital Pound’ (dSterling)

Date 09/02/2022

Project New Era, a ground-breaking initiative in the UK led by The Payments Association (formerly The Emerging Payments Association (EPA)), paywith.glass and other private industry stakeholders, supported by Boston Consulting Group (BCG) as its consulting partner, today announces the publication of the Green Paper report ‘A New Era for Money’. The paper advocates for a first of its kind collaboration between central banks, regulators, commercial banks and other financial institutions (FIs) towards the exploration of a retail Central Bank Digital Currency (CBDC) in the UK. The Green Paper will be followed by real-world pilots to address open design questions and mitigate risks. The pilots will generate working data and feedback that central banks and policymakers can use to inform open design questions and enable relevant authorities to make policy decisions.

Statement On Rules Regarding Clearing And Settling, SEC Chair Gary Gensler, Feb. 9, 2022

Date 09/02/2022

Today, the Commission is proposing several amendments to the securities clearing and settling process — what one might call the “market plumbing.” I support this release because, if adopted, I believe it could lower risk to the financial system and drive greater efficiencies in the markets.

Verena Ross Delivers Keynote Speech At The Afore 6th Annual FinTech And Regulation Conference 2022

Date 09/02/2022

ESMA Chair, Verena Ross, today delivered the keynote speech “Keeping on track in an evolving digital world” at the Afore 6th Annual FinTech and Regulation Conference. She talked about new influences and expectations, digital innovation, data, and what is ESMA doing.

Moscow Exchange: Risk Parameters Change For The Security XS1577961516

Date 09/02/2022

As per the Securities market risk parameters methodology, on 09.02.2022, 18-27 (MSK) the upper bound of the price band (up to 106.9494) and initial margins (up to 13.75 %) for the security XS1577961516 were changed.

SEC Proposes To Enhance Private Fund Investor Protection

Date 09/02/2022

The Securities and Exchange Commission today voted to propose new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) to enhance the regulation of private fund advisers and to protect private fund investors by increasing transparency, competition, and efficiency in the $18-trillion marketplace.

Testimony Of CFTC Chairman Rostin Behnam Regarding “Examining Digital Assets: Risks, Regulation, And Innovation” - U.S. Senate Committee On Agriculture, Nutrition, And Forestry

Date 09/02/2022

Good morning Chairwoman Stabenow, Ranking Member Boozman, and members of the Committee.  I am honored to appear before you today for the first time as Chairman of the Commodity Futures Trading Commission (CFTC).  I appreciate the opportunity to share my views on digital assets, and look forward to working with this Committee as we collectively address the many issues related to this emerging technology.