News Centre

Investing In Global Healthcare With New ETF Issued By TD Asset Management Inc. – Index Provided By Solactive

Date 14/04/2021

The COVID-19 pandemic has placed an enormous burden on the infrastructure, workforce, and supply chain of global healthcare providers. Simultaneously, businesses are required to innovate on short notice, catalyzing transformations in the entire healthcare ecosystem. TD Asset Management Inc. (TDAM) has announced the launch of an ETF enabling investors to access this aspiring market, whose expenses account, according to the WHO, for nearly 10% of the global GDP[1]. The TD Global Healthcare Leaders Index ETF (TDOC) seeks to track the Solactive Global Healthcare Leaders Index and started trading on April 14th on the Toronto Stock Exchange.

BIS: Basel Committee Publishes Analytical Reports On Climate-Related Financial Risks

Date 14/04/2021

• The two reports discuss transmission channels of climate-related risks to the banking system, and the measurement methodologies of climate-related financial risks.
• Climate risk drivers can be captured in traditional financial risk categories, but additional progress is needed to better estimate these risks.
• The reports provide a conceptual foundation for the Basel Committee's next phase of work to identify potential gaps in the Basel Framework and consider measures to address them.

U.S. Department Of The Treasury Establishes New Office To Lead Implementation Of Relief And Recovery Programs

Date 14/04/2021

Today, the U.S. Department of the Treasury announced the establishment of the Office of Recovery Programs to lead the Department’s implementation of economic relief and recovery programs, including nearly $420 billion in programs from the American Rescue Plan Act of 2021. This new office, which will be led by the Chief Recovery Officer, will report to Treasury’s Deputy Secretary and will be principally focused on efficiently establishing and administering Treasury’s programs to support an equitable and swift recovery from the economic challenges precipitated by the COVID-19 pandemic.

CFTC Staff Issues Continuation Of Certain No-Action Relief To Market Participants In Response To COVID-19

Date 14/04/2021

The Commodity Futures Trading Commission today announced the Market Participants Division (MPD) and the Division of Market Oversight (DMO) are providing a continuation of certain parts of the temporary no-action relief issued in response to the COVID-19 (coronavirus) pandemic that is scheduled to expire on April 15, 2021. Any prior relief not extended by CFTC Staff Letter No. 21-10 has expired or will expire pursuant to the terms of the applicable CFTC Staff Letter.

UK Financial Conduct Authority: Financial Stability Board Publishes Peer Review Of UK Remuneration Regime

Date 14/04/2021

The FCA has published a joint statement with the PRA welcoming the Financial Stability Board’s (FSB) Peer Review of the UK’s remuneration regime.

From Master Masons To Information Architects: How Standards Can Transform Reporting (And Bring Benefits Well Beyond It) - Speech By Gareth Ramsay, Bank Of England Executive Director, Data And Analytics & Chief Data Officer, Given At A Webinar Hosted By The EDM Council

Date 14/04/2021

Data is vital for the work we do. Gareth Ramsay sets out what we can do to improve how we collect it.

BME And bvc Finalise The Integration Of The Colombian Equity, Fixed Income And Derivatives Markets Into A Single Terminal

Date 14/04/2021

• bvc’s Master Trader trading platform, developed by BME, allows Colombian operators to access all  assets from a single terminal
• Grupo Bancolombia, Fiduciaria Bancolombia and Valores Bancolombia are the entities that pioneered this use of the system
• This milestone positions the Colombian stock exchange as a world-class infrastructure with great capacity for growth and innovation.

Aker BioMarine Lists On Oslo Børs

Date 14/04/2021

Euronext today congratulates Aker BioMarine on its transfer from Euronext Growth to Oslo Børs (ticker code: AKBM).

Bank Of England - Minutes Of The Standards Advisory Panel - March 2021: The Latest Meeting Of The Standards Advisory Panel (SAP)

Date 14/04/2021

Minutes

30 March 2021

Item 1: Welcome and introductions

1. The Chair welcomed members and provided an overview of the agenda for the meeting.

2. The Chair mentioned Shriyanka Hore of Oracle has stepped down from the SAP as she will be moving to another role. The Chair thanked Shriyanka for her valued contributions to the SAP.

ESMA: Retail Clients Continue To Lose Out Due To High Investment Products Costs

Date 14/04/2021

The European Securities and Markets Authority (ESMA), the EU securities regulator, today publishes its third annual statistical report on the cost and performance of European Union (EU) retail investment products. In the report ESMA finds that the costs of investing in key financial products, such as UCITS funds, retail alternative funds, and structured investment products (SRPs) remain high and diminish the investment outcome for final investors.