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  • US Acting Comptroller Of The Currency Encourages Innovation To Foster Financial Inclusion

    Date 27/03/2025

    Acting Comptroller of the Currency Rodney E. Hood today discussed financial inclusion in remarks at the National Community Reinvestment Coalition’s Just Economy Conference 2025.

  • Federal Reserve Senior Credit Officer Opinion Survey On Dealer Financing Terms

    Date 27/03/2025

    The Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) is a quarterly survey providing information about the availability and terms of credit in securities financing and over-the counter (OTC) derivatives markets. The SCOOS is modeled after the long-established Senior Loan Officer Opinion Survey on Bank Lending Practices, which provides qualitative information about changes in supply and demand for loans to households and businesses at commercial banks. The SCOOS collects qualitative information on credit terms and conditions in securities financing and OTC derivatives markets, which are important conduits for leverage in the financial system. The survey panel for the SCOOS began by including 20 dealers and over time has been expanded. These firms account for almost all of the dealer activity in dollar-denominated securities financing and OTC derivatives markets. The survey is directed to senior credit officers responsible for maintaining a consolidated perspective on the management of credit risks. The HTML links below include the full report; the PDF links include the summary only.

  • Artificial Fears And Human Intelligence: Remarks At The SEC Roundtable On Artificial Intelligence In The Financial Industry, SEC Commissioner Hester M. Peirce, Washington D.C., March 27, 2025

    Date 27/03/2025

    Thank you to staff from DERA and from all over the building for organizing this roundtable and thank you to all the panelists today for their participation in what I expect will be an enlightening and productive discussion. As we know, the securities industry has a long history of embracing new technologies to achieve greater efficiencies and lower costs: ticker, telephone, terminal, and now artificial intelligence. I look forward to hearing from the panelists about their deployment of AI, the benefits enjoyed, and the risks encountered.

  • The EBA Releases The Draft Of The Technical Package For Its 4.1 Reporting Framework

    Date 27/03/2025

    The European Banking Authority (EBA) published today a draft technical package for version 4.1 of its reporting framework. This publication aims to provide an early version of the 4.1 release to facilitate the implementation for the reporting entities. The final version is expected to be released in end May 2025.

  • BC Securities Commission Alleges Wash Trading By Toronto Securities Lawyer

    Date 27/03/2025

    The BC Securities Commission is alleging that a Toronto lawyer directed a wash trade to artificially lower the share price of a B.C.-based company.