News Centre

Strengthening The Financial System To Meet The Challenge Of Climate Change, Federal Reserve Governor Lael Brainard At "The Financial System & Climate Change: A Regulatory Imperative" Hosted By The Center For American Progress, Washington, D.C.

Date 18/12/2020

I want to thank the Center for American Progress for inviting me to join you in discussing climate change and the U.S. financial system.1 Let me start by noting these are my own views and do not necessarily reflect those of the Federal Reserve Board or the Federal Open Market Committee.

More Than $2 Million Worth Of Bitcoin Pledged To Utopia Open Platform IEO In First 24 Hours

Date 18/12/2020

Utopia Genesis Foundation, the organization formed to support the development of an open platform for the music industry, announced today that its first token event on Bitfinex Token Sales has received more than $2 million worth of Bitcoin pledges from participants within the first 24 hours of its commencement. 

ESMA Registers DTCC Data Repository (Ireland) Plc As Trade Repository Under EMIR And SFTR

Date 18/12/2020

The European Securities and Markets Authority (ESMA), the EU supervisor of trade repositories (TRs), has registered today DTCC Data Repository (Ireland) PLC as a TR under the European Market Infrastructure Regulation (EMIR) and the Securities Financing Transactions Regulation (SFTR), with effect from 23 December 2020.

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

Date 18/12/2020

Due to holiday on foreign exchanges on December, 25 CCP NCC sets the following risk parameters on Derivatives market:

1. Brent and Light Sweet Crude Oil futures

BIS: Regulatory Capital, Market Capital And Risk Taking In International Bank Lending

Date 18/12/2020

Summary

Focus

When interest rates decline, banks tend to chase yield by issuing risker loans. Yet the degree to which banks do this varies considerably. What explains the differences across banks? One possible explanation relates to differences in regulatory and market capital. Regulatory capital gauges how close a bank is to breaching the regulatory capital threshold. Market-based capital measures how much "skin in the game" a bank's shareholders have. 

UK Financial Conduct Authority Statement: SolarWinds Orion Cyber Incident

Date 18/12/2020

We are aware of an ongoing cyber incident affecting the SolarWinds Orion suite of IT management tools. The National Cyber Security Centre (NCSC) has published guidance to firms to help identify if they may be affected. It includes a list of immediate actions to take if you are using these tools. We have been asked, along with regulatory bodies across other sectors, to assist NCSC in promoting this guidance.

SEC: Small Business Advocate Releases Annual Report For Fiscal Year 2020

Date 18/12/2020

The SEC’s Office of the Advocate for Small Business Capital Formation issued its Annual Report for Fiscal Year 2020 today.  The report provides comprehensive data on the state of small business capital formation, a summary of the Office’s activities in supporting small business and their investors, and policy recommendations from the Office.

Moscow Exchange: Risk Parameters Change On Securities Market - Update

Date 18/12/2020

CCP NCC changes PcH_max parameter value that defines price up limit for RLMNP shares on Securities market starting from December 21, 2020:

US Federal Agencies Propose Requirement For Computer Security Incident Notification

Date 18/12/2020

Federal financial regulatory agencies today announced a proposal that would require supervised banking organizations to promptly notify their primary federal regulator in the event of a computer security incident. In particular, alerts would be required for incidents that could result in a banking organization's inability to deliver services to a material portion of its customer base, jeopardize the viability of key operations of a banking organization, or impact the stability of the financial sector.

SEC Announces The Creation Of The Security-Based Swaps Joint Venture, Led By Division Of Examinations And Division Of Trading And Markets

Date 18/12/2020

The Securities and Exchange Commission today announced the creation of the Security-Based Swaps Joint Venture, a collaborative venture among several SEC divisions and offices that will be responsible for coordinating functions related to the regulation of security-based swaps (SBS) and oversight of certain entities that will be required to register with the SEC (SBS entities).