News Centre

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

Date 02/08/2021

As per the Securities market risk parameters methodology, on 02.08.2021, 21-41 (MSK) the upper bound of the price band (up to 9147) and initial margins (up to 22.5 %) for the security RL-RM were changed. New values are available here

Federal Reserve: The July 2021 Senior Loan Officer Opinion Survey On Bank Lending Practices

Date 02/08/2021

The July 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the second quarter of 2021.

SEC Charges Ernst & Young, Three Audit Partners, And Former Public Company CAO With Audit Independence Misconduct

Date 02/08/2021

The Securities and Exchange Commission today charged accounting firm Ernst & Young LLP (EY), one of its partners, and two of its former partners with improper professional conduct for violating auditor independence rules in connection with EY's pursuit to serve as the independent auditor for a public company with nearly $5 billion in revenue (issuer). Separately, the Commission brought charges against the Issuer's then-Chief Accounting Officer for his role in the misconduct. All respondents have agreed to settle the charges and will collectively pay more than $10 million in monetary relief.

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

Date 02/08/2021

As per the Securities market risk parameters methodology, on 02.08.2021, 19-55 (MSK) the upper bound of the price band (up to 4240) and initial margins (up to 60 %) for the security NIO-RM were changed. New values are available here

Euronext Licenses The CAC40 ESG To Amundi

Date 02/08/2021

Euronext today announced that it has licensed its CAC40 ESG index to Amundi, Europe’s largest asset management company, to launch an Exchange Traded Fund (ETF) that will be tracking the CAC40 ESG.

BIS: Regulating Big Techs In Finance

Date 02/08/2021

Key takeaways

• Big tech firms entering financial services can scale up rapidly with user data from their existing business lines in e-commerce and social media, and by harnessing the inherent network effects in digital services.
• In addition to traditional policy concerns such as financial risks, consumer protection and operational resilience, the entry of big techs into financial services gives rise to new challenges surrounding the concentration of market power and data governance.
• The current framework for regulating financial services follows an activities-based approach where providers must hold licences for specific business lines. There is scope to address the new policy challenges by developing specific entity-based rules, as proposed in several key jurisdictions – notably the European Union, China and the United States.

SEC Issues Whistleblower Awards Totaling More Than $4 Million

Date 02/08/2021

The Securities and Exchange Commission today announced awards of more than $4 million to four whistleblowers who provided information and assistance in two separate enforcement proceedings.

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

Date 02/08/2021

As per the Securities market risk parameters methodology, on 02.08.2021, 18-46 (MSK) the upper bound of the price band (up to 21695) and initial margins (up to 32.5 %) for the security SQ-RM were changed. New values are available here

EBA: Consultation On Draft Guidelines On The Role, Tasks And Responsibilities AML/CFT Compliance Officers (EBA/CP/2021/31)

Date 02/08/2021

The European Banking Authority (EBA) launched today a public consultation on new Guidelines on the role, tasks and responsibilities of anti-money laundering and countering the financing of terrorism (AML/CFT) compliance officers. The Guidelines also include provisions on the wider AML/CFT governance set-up, including at the level of the group. Once adopted, these Guidelines will apply to all financial sector operators that are within the scope of the AML Directive. This consultation runs until 2 November 2021.

Symphony Acquires StreetLinx To Offer The Most Complete And Secure Verified Identity Directory In Financial Services

Date 02/08/2021

Symphony - the leading markets' infrastructure and technology platform - will now offer the most complete and secure verified directory in the financial services industry as it has acquired the counterparty mapping platform StreetLinx. This acquisition adds over 200 institutional counterparties to the more than 1000 institutions already served by Symphony.