News Centre

FINRA - New Research: Lonely Older Adults With Low Cognition At Greater Risk For Poor Financial And Healthcare Decision Making

Date 22/03/2021

The harmful consequences of Americans’ prolonged social isolation due to the coronavirus pandemic may be even greater for lonely older adults with low cognition. These individuals are at high risk for poor financial and healthcare decision making, according to new research from the FINRA Investor Education Foundation, the Indiana University School of Medicine and the Rush Alzheimer’s Disease Center.

Coronavirus Aid, Relief, And Economic Security Act: Federal Reserve Chair Jerome H. Powell, Before The Committee On Financial Services, U.S. House Of Representatives

Date 22/03/2021

Chairwoman Waters, Ranking Member McHenry, and other members of the Committee, thank you for the opportunity to discuss the measures we have taken to address the hardship wrought by the pandemic.

SIFMA Statement On Board Diversity Bill

Date 22/03/2021

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, supporting legislation introduced by Congressman Gregory W. Meeks (D-NY) and co-sponsored by Senator Robert Menendez (D-NJ)  that would require public companies to disclose the race, ethnicity, gender, and veteran status of their board members, nominees and executive officers.

Cabinet Trading On The BOX Trading Floor

Date 22/03/2021

Effective April 5, 2021, BOX Options Market (“BOX”) will begin accepting opening cabinet orders on the BOX Trading Floor. Additionally, cabinet orders will now execute electronically pursuant to Rule 7600 series.

EBA: Isabelle Vaillant Speaks At The Institute For International And European Affairs Event

Date 22/03/2021

Keynote Remarks: Federal Reserve Vice Chair For Supervision Randal K. Quarles, At "The SOFR Symposium: The Final Year," An Event Hosted By The Alternative Reference Rates Committee, New York, New York (Via Webcast)

Date 22/03/2021

I am pleased to join this first symposium being held by the Alternative Reference Rates Committee (ARRC) to mark the key year of the LIBOR transition. I have had a vantage point in supporting this transition in my roles both as Chair of the Financial Stability Board (FSB), which convened the Official Sector Steering Group in 2013 to coordinate global benchmark rate reform efforts at the request of the Group of Twenty, and as a member of the Federal Reserve Board, which convened the ARRC in 2014 under the auspices of then-Governor Jay Powell. Since these groups were first formed, we have seen great progress in building markets and infrastructures designed to facilitate the transition. This year, however, it is finally time for everyone to actively transition away from using LIBOR.

The EBA Takes Steps To Address ‘De-Risking’ Practices

Date 22/03/2021

The European Banking Authority (EBA) published this month three regulatory instruments to address de-risking practices based on evidence gathered in its call for input. The instruments clarify that compliance with anti-money and countering terrorist financing (AML/CTF) obligations in EU law does not require financial institutions to refuse, or terminate, business relationships with entire categories of customers that they consider to present a higher ML/TF risk. In these documents the EBA also set out steps that financial institutions and competent authorities should take to manage risks associated with individual business relationships in an effective manner.

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

Date 22/03/2021

As per the Securities market risk parameters methodology, on 22.03.2021, 20-04 (MSK) the upper bound of the price band (up to 26112) and initial margins (up to 15 %) for the security COST-RM were changed. New values are available here

Euronext Launches New CAC 40® ESG Index To Meet Financial Community's Sustainable Investment Needs

Date 22/03/2021

Euronext today announced the launch of the CAC 40® ESG index1 (gross return Bloomberg  code: CACESGGR), designed to identify the 40 companies within the CAC® Large 60 Index that demonstrate the best Environmental, Social and Governance (ESG) practices. Responding to the growing demand for sustainable investment tools from investors and from the market, the CAC 40® ESG is Euronext’s first national ESG index and is derived from the CAC 40® index family.

Moscow Exchange: Risk Parameters Change For The Securities

Date 22/03/2021

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)