News Centre

EBA Supports Harmonisation Of Creditworthiness Assessment For Consumer Credit Across The EU

Date 12/10/2020

• The EBA has responded to a Commission consultation on its proposed consumer agenda to express support for a harmonisation of creditworthiness assessments for consumer lending across the EU.
• The harmonised approach to creditworthiness assessment for all consumer credit should cover data and methodologies that build on the EBA Guidelines on loan origination and monitoring.

BIS: Stress-Testing Banks During The Covid-19 Pandemic

Date 12/10/2020

Highlights

• In response to the Covid-19 pandemic, a number of authorities that regularly conduct stress tests on individual banks adjusted their approach. They performed ad hoc exercises to assess the vulnerability of banking sectors as a whole. These exercises are different from regular ones in terms of key features such as objectives, design and methodologies, and communication.

ESAs’ Board Of Appeal Dismisses Case Against ESMA On Alleged Non-Application Of Union Law

Date 12/10/2020

The Joint Board of Appeal of the European Supervisory Authorities (ESAs – European Banking Authority, European Insurance and Occupational Pensions Authority, and European Securities and Markets Authority) published today its decision in the appeal case brought by Mr Howerton against the European Securities and Markets Authority (ESMA). The Board of Appeal’s decision considered as inadmissable the Appellant’s claim that six national financial supervisory authorities and ESMA should have taken supervisory steps in relation to an alleged non-application of Union law.

Moscow Exchange: REPO Risk Parameters Changes For The Security PIKK

Date 12/10/2020

As per the Securities market risk parameters methodology, on 12.10.2020, 17-35 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -178.42 %), penalty rate and IR Risk Rate (up to -3.086 rub) for the security PIKK were changed. New values are available here

FESE IPO Database Enlargement

Date 12/10/2020

The IPO Database includes detailed information on individual IPOs on all FESE members. The database now includes 2019 data on the number of employees, turnover, and revenue for the IPOs that occurred
from 2014 to 2019.

A Digital Euro For The Digital Era - Introductory Statement By Fabio Panetta, Member Of The Executive Board Of The ECB, At The ECON Committee Of The European Parliament

Date 12/10/2020

Madame Chair, honourable members of the Committee on Economic and Monetary Affairs,

Thank you for inviting me to present the Eurosystem report on a digital euro.

The quest to ensure that means of payment are fit for purpose has characterised economic history.

Chair Of The European Securities And Markets Authority (ESMA), Steven Maijoor, Speaks At The ESAs Annual Econ Committee Hearing

Date 12/10/2020

The Chair of the European Securities and Markets Authority (ESMA), Steven Maijoor, participated today in the annual hearing of the European Parliament's Economic and Monetary Affairs Committee (ECON), together with the Chairmen of the European Banking (EBA) and European Occupational Pensions Authority (EIOPA). 

MackeyRMS Introduces ESG Scorecards To Streamline Investment Selection, Monitoring And Reporting For ESG-Focused Portfolios - The Release Of ESG Scorecards Comes As Funds Applying ESG Investment Criteria Topped $1 Trillion AUM In Q2 2020

Date 12/10/2020

MackeyRMS, a provider of SaaS-based research management software built to give fundamental investment teams an easier way to create and share investment research in real time, today announced the release of ESG Scorecards to streamline investment selection, monitoring and reporting for ESG-focused portfolios.

Opening Remarks At The Launch Of The Artificial Intelligence Public Private Forum - Speech By Dave Ramsden, Bankl Of England Deputy Governor For Markets & Banking Given At The Launch Of The Bank Of England And The Financial Conduct Authority’s Artificial Intelligence Public Private Forum

Date 12/10/2020

At the launch of the Artificial Intelligence Public-Private Forum, Dave Ramsden looks at the role of artificial intelligence (AI) in finance and says our objective is to promote its safe adoption.

September Monthly Figures At Eurex And EEX - Another Positive Month For OTC Clearing Volumes At Eurex

Date 12/10/2020

OTC Clearing had another positive month in September with notional outstanding volumes up 45% – from 12,253 billion EUR to 17,771 billion EUR – and total average daily cleared volumes up 93% to 145 billion EUR. Average daily cleared volumes in Interest Rate Swaps grew by 25%, up from 334 billion EUR in September 2019 to 418 billion EUR this year.