News Centre

Readout: Secretary Of The Treasury Janet L. Yellen’s Call With Bank Of Italy Governor Ignazio Visco

Date 23/02/2021

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with the Governor of the Bank of Italy, Ignazio Visco, ahead of this week’s G20 Finance Ministers and Central Bank Governors meeting. Secretary Yellen conveyed her intention to continue to work closely with Italy during its G20 presidency on their shared priorities of ending the pandemic, supporting a strong and balanced global economic recovery, improving support for low-income countries, and forcefully addressing the threat of climate change

BIS: Central Banks Of China And United Arab Emirates Join Digital Currency Project For Cross-Border Payments

Date 23/02/2021

• The Digital Currency Institute of the People's Bank of China and the Central Bank of the United Arab Emirates join the Multiple CBDC (m-CBDC) Bridge, a cross-border payments project.
• The m-CBDC Bridge is a co-creation initiative run in partnership with the BIS Innovation Hub, the Hong Kong Monetary Authority and the Bank of Thailand.
• The project aims to develop a proof-of-concept prototype to facilitate real-time cross-border foreign exchange payments on distributed ledger technology. 

Atomic Trading - SEC Commissioner Hester M. Peirce, George Washington University Law School Regulating The Digital Economy Conference, Feb. 22, 2021

Date 23/02/2021

Thank you, Reni [Saula] for that introduction.  It is a pleasure to be with all of you today.  I will start with the usual disclaimer that my views are my own and not necessarily those of the Securities and Exchange Commission or my fellow Commissioners.  The momentous market events of several weeks ago are relevant to the theme of this year’s conference—regulating the digital economy—and thus motivate my remarks. 

BIS Innovation Hub And SWIFT Launch ISO 20022 And API Hackathon

Date 23/02/2021

• Hackathon to highlight potential of the new ISO 20022 payments standard and APIs to enhance cross-border payments.
• Teams invited to submit solutions by 19 March.
• Three winning teams will showcase solutions at the BIS Innovation Summit.

SEC Charges Two Former KPMG Auditors For Improper Professional Conduct During Audit Of Not-For-Profit College

Date 23/02/2021

The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.  The SEC previously charged the college’s former controller with fraud in connection with the college’s fiscal year 2015 financial statements. 

Opening Statement Of CFTC Acting Chairman Rostin Behnam Before The Market Risk Advisory Committee

Date 23/02/2021

Good morning and welcome to the first virtual meeting of the CFTC’s Market Risk Advisory Committee (MRAC or Committee) of 2021.  I want to thank Commissioners Quintenz, Stump, and Berkovitz for joining today’s meeting.  I also want to thank and acknowledge the MRAC members, the subcommittee chairs, and the speakers who will participate in today’s panels.

Bank Of England: Minutes Of The Meeting Of The Court Of Directors Held On 11 December 2020

Date 23/02/2021

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

TASE To Launch All-Bond - A Series Of New Bond Indices

Date 23/02/2021

• The All-Bond Index Series Will Build on the “All Bonds" Index
• The All-Bond Indices will be Methodically Calculated, in Real Time
• Under the new methodology, the “All Bonds" and the “CPI-Linked Bonds" indices will be upgraded, two new All-Bond indices will be launched - “All Bond Shekel" and “All-Bond Floating", and the calculation of 6 end-of-day bond indices will be discontinued.

Semiannual Monetary Policy Report To The Congress, Federal Reserve Chair Jerome H. Powell, Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate

Date 23/02/2021

Chairman Brown, Ranking Member Toomey, and other members of the Committee, I am pleased to present the Federal Reserve's semiannual Monetary Policy Report.

SEC Awards More Than $9.2 Million To Whistleblower For Successful Related Actions, Including Agreement With DOJ

Date 23/02/2021

The Securities and Exchange Commission today announced an award of more than $9.2 million to a whistleblower who provided information that led to successful related actions by the U.S. Department of Justice, one of which was a non-prosecution agreement (NPA) or deferred prosecution agreement (DPA). The whistleblower previously received an award for contributions to an SEC enforcement action based on the same information that supported the award for the related actions, a prerequisite for eligibility for a related-action award.