News Centre

ESAs Consult On Taxonomy–Related Product Disclosures

Date 17/03/2021

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have today issued a Consultation Paper seeking input on draft Regulatory Technical Standards (RTS) regarding disclosures of financial products investing in economic activities that contribute to an environmental investment objective. These economic activities are defined by the EU Regulation on the establishment of a framework to facilitate sustainable investment (Taxonomy Regulation).

Acting Chairman Behnam Establishes New Climate Risk Unit - Interdivisional Group Will Focus On Derivatives Markets’ Role In Addressing Climate-Related Risk And Transitioning To Low-Carbon Economy

Date 17/03/2021

Commodity Futures Trading Commission Acting Chairman Rostin Behnam today announced he has established the Climate Risk Unit (CRU) to support the agency’s mission by focusing on the role of derivatives in understanding, pricing, and addressing climate-related risk and transitioning to a low-carbon economy. Comprised of staff from across the CFTC’s operating divisions and offices, the CRU represents the agency’s next step in response to what has become a global call to action on tackling climate change. The CRU is intended to accelerate early CFTC engagement in support of industry-led and market-driven processes in the climate—and the larger ESG—space critical to ensuring that new products and markets fairly facilitate hedging, price discovery, market transparency, and capital allocation.

EBA Launches Call For Papers For Its 2021 Policy Research Workshop

Date 17/03/2021

The European Banking Authority (EBA) launched today a call for research papers in view of its 2021 Policy Research Workshop taking place on 16-17 November 2021 on the topic "New technologies in the banking sector – impacts, risks and opportunities". The submission deadline is 9 July 2021.

UK Chancellor Of The Exchequer, Rishi Sunak Call With US Treasury Secretary, Janet Yellen

Date 17/03/2021

Chancellor of the Exchequer, Rishi Sunak and US Treasury Secretary, Janet Yellen recently (15 March 2021) spoke on the phone to discuss a possible new allocation of Special Drawing Rights.

BIS: Liquidity Management And Asset Sales By Bond Funds In The Face Of Investor Redemptions In March 2020

Date 17/03/2021

Key takeaways

• Investor redemptions are one factor behind asset sales by open-ended mutual funds, but an important
  additional factor is the selling due to the funds' liquidity management.
• Funds holding illiquid assets reacted to redemptions in March 2020 by adding to their cash buffers even
  after meeting investor redemptions. For such funds, asset sales exceeded investor redemptions.
• Increases in end-of-period cash holdings were less pronounced for funds that started the stress period
  with larger buffers, suggesting that such funds were less prone to selling at the height of the stress.

TASE Conference Call Recording March 16, 2021 - Financial Report 4Q And Full Year 2020

Date 17/03/2021

TASE LTD Q4 and full year 2020 results- conference call

Every Vote Counts: The Importance of Fund Voting And Disclosure, Acting SEC Chair Allison Herren Lee, 2021 ICI Mutual Funds And Investment Management Conference, March 17, 2021

Date 17/03/2021

Good afternoon everyone, and thank you to the ICI for inviting me to speak with you today at the 2021 Mutual Funds and Investment Management Conference.

Baton Hires FX Market Expert Aaron Ayusa As Director Of Client Success

Date 17/03/2021

Baton Systems, a provider of post-trade systems for capital markets, has appointed Aaron Ayusa as Director of Client Success. In this role, he will work closely with customers to help solve FX-related issues and develop bespoke FX products. He will report directly to Baton’s Head of Business Development, Tucker Dona.

ETFGI Reports A Record 1.05 Trillion US Dollars Invested In Smart Beta ETFs and ETPs Listed Globally At The End Of February 2021

Date 17/03/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reports Smart Beta ETFs and ETPs listed globally gathered a record US$18.39 billion in net inflows during February bringing year-to-date net inflows to a record US$29.45 billion. Smart Beta Equity ETF/ETP assets have increased by 5.9% from US$994 billion to US$1.05 trillion, with a 5-year CAGR of 22.9%, according to ETFGI’s February 2021 ETF and ETP Smart Beta industry landscape insights report, a monthly report which is part of an annual paid-for research subscription service.  (report looks at equity focused Smart Beta products, All dollar vales in USD unless otherwise noted.) 

Strong Uptake At First NZ Emissions Trading Scheme Auction Following Launch By NZX And EEX

Date 17/03/2021

The New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX) today launched the first auction for the New Zealand Emissions Trading Scheme (NZ ETS) – with strong uptake across the key sectors of the New Zealand economy.