News Centre

EBA Calls For Strengthening The Connection Between The EU Legal Frameworks On Anti-Money Laundering And Terrorist Financing, And Deposit Protection

Date 14/12/2020

• The EBA identifies how to mitigate the risks of money laundering and terrorist financing during bank failures.
• The EBA sets out its views on how to enhance cooperation between AML/CFT and DGS authorities.
• The EBA identifies what information national authorities should receive from failing credit institutions, and how the authorities should communicate with depositors in such cases.

BIS: Central Bank Swap Lines And Cross-Border Bank Flows

Date 14/12/2020

Key takeaways

• Central banks drew heavily on US dollar swap lines with the Federal Reserve in the first half of 2020, contributing to a surge in cross-border banking flows during this period.
• The large increase in cross-border claims on banks operating in the United States – in the form of cross-border interbank and intragroup positions – reflected an increase in dollar liquidity demand from non-US banks partly met through use of the swap lines.
• In a global financial system heavily reliant on the use of the dollar, the network of central bank swap lines centred on the Fed serves as a critical elastic backstop for the private provision of dollar liquidity.

ETFGI Reports Assets Invested In ETFs And ETPs Listed Globally Reached A New Record Of US$7.62 Trillion At The End Of November 2020

Date 14/12/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that assets invested in ETFs and ETPs listed globally reached new records of US$7.62 trillion and net inflows reached a new record of US$670.57 billion at the end of November.

BIS: Dealing With Bank Distress: Insights From A Comprehensive Database

Date 14/12/2020

Summary

Focus

Bank distress episodes tend to be followed by recessions, whose severity varies significantly across episodes. There are two interrelated sets of explanations for such variation. One relates to the initial economic conditions, notably the macro-financial imbalances with which countries enter distress. Another relates to the policies deployed. These choices probably influence the severity of the recession. Yet we know little about the effectiveness of the various policies.

ESMA Chair Steven Maijoor Speaks At The Third Roundtable On Euro Risk-Free Rates

Date 14/12/2020

The Chair of the European Securities and Markets Authority (ESMA), Steven Maijoor, today delivered a speech at the third roundtable on euro risk-free rates.

ING Releases Multiparty Threshold Signing Library To Improve Customer Security

Date 14/12/2020

Distributed ledger technology (DLT) provides powerful solutions to achieve decentralized operations, but running a DLT platform securely remains a challenge. One critical problem in such platforms is the secure management of the keys that are used in the DLT operations. Using a cryptographic technique called secure Multiparty Computation (MPC), it is possible to overcome the key management problem in DLT platforms.

Eurex: How Evolving ESG Indices & Derivatives Help Transforming Portfolios

Date 14/12/2020

Volume 20, Issue 4 Of Borsa İstanbul Review Has Been Published

Date 14/12/2020

Borsa İstanbul Review, forging ahead to be one of the most prominent journals in finance & economics, is managed by Borsa İstanbul and published quarterly by Elsevier, a world leading academic publishing company. 

ESMA Reports On Annual Market Share Of Credit Rating Agencies

Date 14/12/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its annual market share calculation for EU registered credit rating agencies (CRAs).

Hexagon Purus Lists On Euronext Growth Oslo

Date 14/12/2020

The clean energy company Hexagon Purus has today been admitted to trading on Euronext Growth Oslo (ticker code: HPUR).