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Fiserv Hires Miriam Park As General Manager For Korea - Fiserv Strengthens Its Payment Services Business In Asia Pacific With Appointment Of Cards Veteran Miriam Park As General Manager For Korea

Date 08/03/2022

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that Mi Ryung (Miriam) Park has joined the organization as General Manager for Korea.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With French Finance Minister Bruno Le Maire

Date 07/03/2022

Earlier today, U.S. Secretary of the Treasury Janet L. Yellen spoke with French Finance Minister Bruno Le Maire. Secretary Yellen affirmed the United States’ support for Ukraine’s sovereignty and our commitment, together with our partners, to holding Russia accountable for its illegal, brutal invasion of Ukraine. The Secretary expressed her appreciation for Minister Le Maire and France’s close cooperation on sanctions, in disconnecting Russian banks from SWIFT, and addressing energy market considerations.   

US Acting Comptroller Of The Currency Discusses Climate Risk Management, Diversity And Inclusion

Date 07/03/2022

Acting Comptroller of the Currency Michael J. Hsu today discussed climate-related financial risk and the importance of promoting diversity and inclusion in the banking industry at the Institute of International Bankers Annual Washington Conference.

SEC Investor Advisory Committee To Discuss Artificial Intelligence And Cybersecurity On March 10

Date 07/03/2022

The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting remotely on March 10 at 10:00 a.m. ET. The meeting is open to the public via live webcast, and will be archived on the committee's website for later viewing.

CFTC Swaps Report Update

Date 07/03/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

The Bank Of London Joins Faster Payments, The UK's 24/7 Real-Time Payments System

Date 07/03/2022

The Bank of London, the leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank, today announces it has become a Directly Connected Settling Participant (DCSP) of the Faster Payment System, the UK's 24*7 real-time payments infrastructure.

SEC Charges Previously-Barred Investment Adviser with Fraud

Date 07/03/2022

The Securities and Exchange Commission today charged a previously-barred North Carolina-based investment adviser with lying to retail investors about the use and value of their investments.

MIAX And Bermuda Stock Exchange Announce Participation In World Federation Of Exchanges' Ring The Bell For Gender Equality 2022 Ceremony

Date 07/03/2022

Miami International Holdings (MIH), the parent holding company of MIAX® and Bermuda Stock Exchange (BSX™), announced today that the two exchanges are participating in the World Federation of Exchanges Ring the Bell for Gender Equality ceremony on Tuesday, March 8, 2022. The campaign serves as a global initiative by exchanges around the world to foster greater gender equality and highlight the benefits of a diverse and inclusive workplace.

BIS: Cross-Border Regulatory Spillovers And Macroprudential Policy Coordination

Date 07/03/2022

Summary

Focus

Financial institutions and markets are highly interconnected. Accordingly, differences in national macroprudential policies can be an important source of international spillovers. Through cross-border regulatory arbitrage, these differences may lead to large swings in capital flows. In turn, the transmission of financial shocks across regions may be magnified – and financial risks exacerbated.  When global financial institutions can evade policy actions taken by regulators in their jurisdiction, financial cycles are not well synchronised across economies. Moreover, reverse spillovers are potentially significant.  However, prior coordination may improve global welfare. This is one of the rationales underlying Basel III's principle of reciprocity.

U.S. Department Of The Treasury: Under Secretary For Domestic Finance Nellie Liang Pens Op-Ed In The Washington Post On Stablecoins

Date 07/03/2022

Yesterday, Under Secretary for Domestic Finance Nellie Liang penned an op-ed in the Washington Post on stablecoins.