News Centre

BIS - Project Helvetia: Settling Tokenised Assets In Central Bank Money

Date 03/12/2020

Project Helvetia, an experiment between the Bank for International Settlements Innovation Hub Swiss Centre, the Swiss National Bank (SNB) and the financial market infrastructure operator SIX, successfully shows the feasibility of integrating tokenised assets and central bank money.

The Fox And The Hedgehog: Preparing In A World Of High Risk And High Uncertainty - Speech By Charlotte Gerken, Bank Of England, Executive Director, Insurance, Given At The Insurance Risk And Capital EMEA 2020 Virtual Conference

Date 03/12/2020

Overview

Our stress tests on UK insurance firms can help them stay resilient says Charlotte Gerken. And she sets out our stress tests plans for the insurance industry in 2021 and 2022.

The Bank Of England's Supervision Of Financial Market Infrastructures - Annual Report 2020

Date 03/12/2020

The FMI Annual Report sets out how the Bank has exercised its responsibilities in respect of supervising financial market infrastructures since the last report.

EBA Publishes Final Draft Technical Standards On The Treatment Of Non-Trading Book Positions Subject To Foreign-Exchange Risk Or Commodity Risk Under The FRTB Framework

Date 03/12/2020

The European Banking Authority (EBA) published today final draft Regulatory Technical Standards (RTS) on how institutions are to calculate the own funds requirements for foreign-exchange and commodity risk stemming from banking book positions under the FRTB standardised and internal model approaches.

State Street Strengthens Insurance Business With Senior EMEA Appointment - Christian Bongiovanni Appointed As Regional Segment Head

Date 03/12/2020

State Street Corporation (NYSE: STT) today announced it has appointed Christian Bongiovanni as the regional segment head for insurance in Europe, the Middle East and Africa (EMEA). Based in Milan, Bongiovanni is responsible for advancing the end-to-end service proposition for the firm’s insurance clients. He reports to Akhil Jain, global head of insurance and Jörg Ambrosius, head of EMEA. 

FSB Sub-Saharan Africa Group Discusses Regional Vulnerabilities And Enhancing Cross-Border Payments

Date 03/12/2020

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa held a virtual meeting today to discuss recent macroeconomic and financial market developments, including medium- and long-term implications to regional financial stability arising from the COVID‑19 pandemic. Members reiterated the importance of international cooperation to evaluate and coordinate the policy responses to COVID-19, including their future unwinding.

Remarks At Meeting Of SEC Investor Advisory Committee, SEC Commissioner Hester M. Peirce, Dec. 3, 2020

Date 03/12/2020

Thank you, Paul [Mahoney]. Let me start by welcoming the new committee members[1] and congratulating the Committee’s new officers. Thank you in advance to both groups for the significant time commitment that you are taking on. I look forward to seeing the work this Committee will do in the coming months under the leadership of Jennifer [Marietta-Westberg], Heidi [Stam], Ted [Daniels], and JW [Verret]. And thank you, Jerry [Solomon] for your valuable service on the Committee.

Tradeweb Reports November Total Trading Volume Of $18.7 Trillion

Date 03/12/2020

• Average daily volume (ADV) across rates, credit, equities and money markets for Tradeweb Markets was $958.7 billion (bn) in November 2020, up 37.2 percent (%) year over year (YoY) and Tradeweb’s second-highest month ever. Average daily trades for the month totaled 55,837.
• Tradeweb set monthly ADV records across cash rates and credit markets, specifically Treasuries, Mortgages, U.S. High Grade Credit, U.S. High Yield Credit, European Credit, Chinese Bonds and Repurchase Agreements, as well as automated trading (AiEX) across products. Tradeweb captured a record 20.1% of U.S. High Grade TRACE (including 10.3% fully electronic) and a record 6.8% of U.S. High Yield TRACE (including 3.9% fully electronic). Additionally, Rates Derivatives captured record SEF market share.

Cappitech Wins “Best Data Visualisation Provider” In Data Management Insight Awards 2020 - Industry-Wide Recognition For Reporting Dashboard That Offers Accessible Insights Derived From High Volumes Of Transaction Data

Date 03/12/2020

Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, is pleased to have won ‘Best Data Visualisation Provider’ in the Data Management Insight Awards 2020. These prestigious awards in the Data Management industry are voted on by industry participants and in 2020 more votes than ever before were received.

BME Growth Welcomes Aspy

Date 03/12/2020

• The traditional bell ringing has been webcast via streaming
• It is the ninth company to list on BME Growth so far this year

BME Growth today welcomed ASPY GLOBAL SERVICES with the traditional bell ringing ceremony, which was performed by its Chairman, José Elías. The bell ringing ceremony was attended by the minimum key company staff possible and was webcast via streaming.