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Bank Of England: Bank Rate Maintained At 0.1% - June 2021- Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 24/06/2021

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.  At its meeting ending on 22 June 2021, the Committee judged that the existing stance of monetary policy remained appropriate.  The MPC voted unanimously to maintain Bank Rate at 0.1%.  The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion.  The Committee voted by a majority of 8-1 for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these government bond purchases at £875 billion and so the total target stock of asset purchases at £895 billion. 

Financial Stability: European Commission Adopts Final One-Year Extension Of The Transitional Regime For Capital Requirements For Non-EU Central Counterparties (CCPs)

Date 24/06/2021

The European Commission has today extended – by one additional year –the current transitional regime regarding the capital requirements that EU banks and investment firms must maintain when exposed to non-EU central counterparties (‘CCPs'). This transitional regime will therefore continue to apply until 28 June 2022.

Natixis To Appeal Ruling Handed Down Today Relative To A Press Release Published In 2007

Date 24/06/2021

In a ruling handed down today, the Paris Criminal Court convicted Natixis, judging the information contained in its press release of November 25, 2007 to be insufficient, more specifically regarding the risks to which Natixis was exposed at the time due to the subprime crisis.

The Federation Of Euro-Asian Stock Exchanges (FEAS) Partners with KRM22 to organize Risk-Based Performance Management training seminarso

Date 24/06/2021

The Federation of Euro-Asian Stock Exchanges is pleased to announce a partnership with KRM 22, a specialist software investment business led by industry experts, with an investment focus on risk management software and technology predominantly for capital markets, to deliver a thought-leadership series based on the Risk-Based Performance Management framework.

Hydrogène de France Lists On Euronext Paris

Date 24/06/2021

• €132.2 million raised – market capitalisation of €425.7 million
• 27th listing of a cleantech company on Euronext in 2021

Saudi Tadawul Group Releases 2020 Annual Report

Date 24/06/2021

Saudi Tadawul Group, a holding Company (the “Group”) today released its 2020 Annual Report for the period ended 31 December 2020.

DIFC FinTech Hive Makes Global Finance's World Best Innovation Labs 2021 List

Date 24/06/2021

DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, has been named one of ‘World’s Best Innovation Labs’ by Global Finance for 2021.

SGX RegCo Expands Range Of Enforcement Powers

Date 24/06/2021

Singapore Exchange Regulation (SGX RegCo) is expanding its range of enforcement powers and requiring issuers to have a whistleblowing policy.

The Emerging Global Framework For Climate Change Regulation, Keynote Address At City Week 2021, Mr Ashley Alder, Chief Executive Officer, Hong Kong Securities And Futures Commission, 23 June 2021

Date 24/06/2021

Today I will concentrate on one topic––climate––and what I believe to be the critical factors needed to ensure that climate finance has a solid foundation in regulation.

UK Financial Conduct Authority Consults On Proposed Decision To Require Synthetic LIBOR For 6 Sterling And Japanese Yen Settings

Date 24/06/2021

We have published a consultation on our proposed decision to use one of our powers under the Benchmarks Regulation (BMR) that will be introduced by the Financial Services Act 2021. This power will enable us to require the LIBOR administrator, IBA, to change the benchmark’s methodology. The consultation is a key step in ensuring an orderly wind down of LIBOR.