News Centre

EBA Updates List Of Institutions Involved In The 2022 Supervisory Benchmarking Exercise

Date 23/03/2022

The European Banking Authority (EBA) published today an updated list of institutions, which have a reporting obligation for the purpose of the 2022 EU supervisory benchmarking exercise. The EBA will be conducting the 2022 benchmarking exercise on a sample of 115 banks from 16 countries across the EU and the European Economic Area. The EBA runs this exercise leveraging on established data collection procedures and formats of regular supervisory reporting and assists Competent Authorities in assessing the quality of internal approaches used to calculate risk weighted exposure amounts.

MIAX Options: Extension Of SPIKES Options Market Maker Incentive Program Until June 30, 2022

Date 23/03/2022

MIAX Options has extended the monthly Market Maker Incentive Program (the “Incentive Program”) for SPIKES Options until June 30, 2022.

SIX: Extraordinary Index Adjustments In Conjunction With The Takeover Of Vifor Pharma AG

Date 23/03/2022

Following the takeover of Vifor Pharma AG, SIX will carry out an extraordinary adjustment to the index composition of SLI, SMIM and SPI indices. The affected indices will be adjusted on 31 March 2022.

BIS: Central Banks, The Monetary System And Public Payment Infrastructures: Lessons From Brazil's Pix

Date 23/03/2022

Key takeaways

• Public payment infrastructures build on the central bank's foundational role in the monetary system by promoting competition and interoperability between payment platforms. They can reduce costs for users and promote financial inclusion.
• Brazil's recent experience with the Pix retail instant payment system illustrates the potential gains. In little over a year since its launch in November 2020, Pix has signed up 67% of adults in Brazil, with free payments between individuals and low charges for merchants.
• The two key ingredients in the success of Pix are, first, the mandatory participation of large banks to kick-start network effects for users, and second, the central bank's dual role as infrastructure provider and rule setter.

Bitfinex Derivatives To Launch ApeCoin (APEF0:USTF0) And Gala (GALAF0:USTF0) Perpetual Swap

Date 23/03/2022

Bitfinex Derivatives* offers a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform. Bitfinex Derivatives has today announced the launch of a perpetual contract for ApeCoin (APEF0:USTF0) and Gala (GALAF0:USTF0).

Exegy CEO O’Donnell Named Most Innovative FinTech Exec

Date 23/03/2022

Jim O’Donnell, Chief Executive Officer of Exegy Inc., was named Most Innovative Financial Technology Executive at the A-Team Group 2022 Innovation Awards, announced today.

NGX’s CEO Highlights The Value Of Corporate Governance In Capital Market

Date 23/03/2022

Nigerian Exchange Limited (“NGX”), highlighted the value of sound corporate governance as the foundation that creates transparency and establishes the trust required to keep the global financial system running. He said this during the launch of the Corporate Governance Triangle, an initiative of the Nigerian Bar Association Section on Business Law (NBA-SBL), Nigerian Exchange Limited and the Institute of Directors, Nigeria (IoD) on Tuesday, March 22, 2022.

Supporting Consumers Through Tough Times – Priorities For Credit Regulation - Speech By Brian Corr, FCA Interim Director Of Retail Lending At The FCA, Delivered At Credit Summit 2022, On 23 March 2022

Date 23/03/2022

Highlights

• Consumers are facing increasing financial pressure – credit matters greatly for consumers and can help them to cope, but also has significant potential for harm
• We’re focusing closely on delivering the right outcomes for consumers who use credit products, and we want firms to do the same – the new Consumer Duty will play a big part in this
• Ensuring that borrowers get the right help and support from their providers when they get into financial difficulty remains a key priority, as it’s likely more people will need it
• We’re also looking at how to help people with limited borrowing options, without reducing protection from unaffordable lending and other types of harm

Bank Of Russia: Russian Stock Exchanges To Maintain Listing Of Securities Of Multinational Companies Headquartered In Russia If They Are Delisted Abroad

Date 23/03/2022

The Bank of Russia has set a moratorium, to be effective until 1 January 2023, on the delisting of shares of foreign issuers, as well as depository receipts certifying the rights in respect of such shares admitted to organised trading by the decision of the Russian exchange pursuant to Clause 4 of Article 51.1 of Federal Law No. 39-FZ, dated 22 April 1996, ‘On the Securities Market’ in the event of the delisting of these securities on a foreign exchange.

Moscow Exchange To Resume Equity Trading

Date 23/03/2022

On 24 March 2022, Moscow Exchange will resume trading in stocks. MOEX’s markets will operate as follows as decided by the Bank of Russia.