News Centre

Bank Of Russia Increases The Key Rate To 20% p.a.

Date 28/02/2022

The Bank of Russia Board of Directors decided to increase the key rate to 20% per annum from 28 February 2022. External conditions for the Russian economy have drastically changed. The increase of the key rate will ensure a rise in deposit rates to levels needed to compensate for the increased depreciation and inflation risks. This is needed to support financial and price stability and protect the savings of citizens from depreciation.

The Saudi Arabia Capital Market Authority Approves The Regulation On The Reporting Of Violations Of The Capital Market Law

Date 28/02/2022

As part of the Capital Market Authority's ("CMA") strategic objectives to regulate and develop the capital market, and based on the Capital Market Law issued by Royal Decree No. (M/30) Dated 2/6/1424 H, the CMA Board issued its Resolution to approve the Regulation on the Reporting of Violations of the Capital Market Law.

On The Procedure For Conducting Trading On The FX And Money Markets Of Moscow Exchange On 28 February

Date 28/02/2022

In accordance with the decision of the Bank of Russia, on February 28, trading on FX and Money Markets of Moscow Exchange will open at 10:00 Moscow time. On the FX Market, during the trading session, the boundaries of the price corridor will not automatically change. At the opening of trading, the National Clearing Center (NCC) set the following limits of the price corridor.

UK Financial Conduct Authority: Barclays Fined £783,800 And Agrees To Make A Voluntary Payment To Premier FX Customers

Date 28/02/2022

The Financial Conduct Authority has fined Barclays Bank Plc (Barclays) £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK.

PetroNor E&P Lists On Oslo Børs Main Market

Date 28/02/2022

• The second listing in 2022 on the main market

• Market capitalisation of NOK 1.3 billion

Operation Of Moscow Exchange On 28 February 2022

Date 28/02/2022

Trading sessions in the foreign exchange market, the money market, and the repo market of the Moscow Exchange will open at 10:00 Moscow time.

Bank Of England: Consultation On Proposal To Withdraw Financial Policy Committee’s Mortgage Affordability Test Published

Date 28/02/2022

In 2014 the Financial Policy Committee (FPC) introduced two Recommendations to guard against a loosening in mortgage underwriting standards and a material increase in household indebtedness that could in turn amplify an economic downturn and so increase financial stability risks.

Moscow Exchange To Commence Stock Trading Not Earlier Than 15:00 Moscow Time

Date 28/02/2022

The Moscow Exchange will open stock trading not earlier than at 15:00 Moscow time.  The decision will be made by the central bank at 1 p.m., MOEX said in a statement on Monday.

Solactive Launches PAB High-Yield (HY) Indices And Enlarges Paris-Aligned Index Family

Date 28/02/2022

Investors have been increasingly considering aligning investment decisions with ESG values. In 2021, this focus increased as the entire world watched heads of states’ debates on effective actions against climate change at the UN Climate Change Conference (COP26) in Glasgow, Scotland. Taking one step further to consolidate its leading role in the Paris-aligned (PAB) fixed-income indexing, Solactive launches now two Paris-aligned high-yield indices as well as a CTB-version (Climate Transition Benchmark) and expands the PAB index family.

The Japan Financial Services Agency Publishes The Status Of Loans Held By All Banks As Of The End Of September 2021, Based On The Financial Reconstruction Act

Date 28/02/2022

Loans based on the Financial Reconstruction Act (FRA)

The total amount of loans held by all banks as of the end of September 2021, based on the definition in the FRA (Act No. 132 of 1998), is 8.0 trillion yen. The figure increased by 0.1 trillion yen from 7.9 trillion yen as of the end of March 2021.