News Centre

IMF Executive Board Approves US$270.83 Million Disbursement To Namibia To Address The COVID-19 Pandemic

Date 01/04/2021

• The IMF approved the purchase of US$270.83 million to Namibia under the Rapid Financing Instrument (RFI) to address urgent balance of payment and fiscal financing needs stemming from the COVID-19 pandemic.
• Namibia is being severely affected by the COVID-19 pandemic, with the economy having sharply contracted by 7.2 percent in 2020 and the recovery set to remain subdued at 2.1 percent in 2021.
• The IMF disbursement will provide needed financing to respond to the COVID-19 health emergency, including the purchase of vaccines and deployment of the vaccination campaign, needed to mitigate the severe socio-economic impact of the pandemic.

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

Date 01/04/2021

As per the Securities market risk parameters methodology, on 01.04.2021, 16-44 (MSK) the upper bound of the price band (up to 48835) and initial margins (up to 20 %) for the security LRCX-RM were changed. New values are available here

The Importance Of Purposeful Anti-Money Laundering Controls - Speech By Mark Steward, Executive Director Of Enforcement And Market Oversight, Delivered At The AML & ABC Forum 2021

Date 01/04/2021

Highlights

• Two of our biggest sanctions in the last 12 months related to failures to address financial crime and anti-money laundering (AML) risks.
• We currently have 42 investigations ongoing into firms and individuals involving, for example, systems and controls over politically exposed persons, customers with significant cash intensive operations, correspondent banking and trade finance, and transaction monitoring. 
• AML investigations are often complex because they are rarely transactional and require a systemic understanding of how a firm operates, its governance controls, its cultural habits, and the nuts and bolts of sometimes opaque systems.
• In the last 12 months, we have increased our surveillance of online investment promotions targeting offers from unauthorised firms, potential investment scams and other too good to be true promotions, including lead generation sites.

Deutsche Börse: Cash Market Trading Volumes In March

Date 01/04/2021

Moscow Exchange: Risk Parameters Change On Derivatives Market During Holidays On Foreign Exchanges

Date 01/04/2021

Due to Holidays on foreign exchanges on 2nd of April (Good Friday) and 5th of April (Easter Monday) CCP NCC sets the special risk parameters on Derivatives market.

FSB Publishes Final Report Of The Evaluation Of Too-Big-To-Fail Reforms For Banks

Date 01/04/2021

The Financial Stability Board (FSB) today published the final report on its evaluation of the effects of too-big-to-fail (TBTF) reforms for systemically important banks (SIBs). The evaluation examines the extent to which the reforms have reduced the systemic and moral hazard risks associated with SIBs, as well as their broader effects on the financial system.

EEX Customer Information – MiFID II Position Limits On Non-Critical Commodity Derivatives No Longer Enforced By BaFin

Date 01/04/2021

Please find attached the EEX Customer Information 2021-04-01 regarding: “MiFID II position limits on non-critical commodity derivatives no longer enforced by BaFin”.

Moscow Exchange: Risk Parameters Change For The Security AMAT-RM - Update

Date 01/04/2021

As per the Securities market risk parameters methodology, on 01.04.2021, 16-47 (MSK) the upper bound of the price band (up to 11197) and initial margins (up to 24 %) for the security AMAT-RM were changed. New values are available here

Ljubljana Stock Exchange Monthly Statistical Report - March 2021

Date 01/04/2021

Click here to download the monthly statistics of the Ljubljana Stock Exchange for March 2021.

Statement By US Secretary Of The Treasury Janet L. Yellen On The President’s Jobs Plan

Date 01/04/2021

For the past 40 years, the federal government has gradually shrunk its investment in public goods: schools, infrastructure, and research into new technologies. This slow decline has undermined broad-based growth. It has weighed-down productivity and curtailed our ability to respond to our nation’s most pressing challenges, including the threat of climate change.