Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Opening Statement Of Commissioner Brian Quintenz Before The CFTC Technology Advisory Committee

    Date 16/07/2020

    Good morning and welcome to our sixth meeting of the Technology Advisory Committee (TAC or Committee).  Before we begin, I would like to express my gratitude to all of the Committee and subcommittee members for so generously giving their time to participate today – especially in light of the additional challenges presented by preparing and holding this meeting remotely.

  • SEC, MSRB, FINRA To Hold Compliance Outreach Program For Municipal Advisors

    Date 16/07/2020

    The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for a virtual Compliance Outreach Program for Municipal Advisors.  The webcast program will be held Thursday, August 13, 2020, from 1 p.m. to 3 p.m. ET.  Additional information, including the agenda, is available on SEC.gov.  

  • CFTC Encourages Standardized Approaches To Assessing Cybersecurity Preparedness, Including The FSSCC Cybersecurity Profile

    Date 16/07/2020

    The Commodity Futures Trading Commission recognizes the benefits provided when private sector financial institutions regulated by CFTC use a standardized approach to assess and improve their cybersecurity preparedness.  Firms adopting a standardized approach are better able to track their progress over time, and to share information and best practices with their peers and with the CFTC.

  • BIS: Global Banks' Dollar Funding Needs And Central Bank Swap Lines

    Date 16/07/2020

    Key takeaways

    • At $13 trillion, the gross dollar liabilities of banks headquartered outside the United States at end-2019 were nearly as high as before the Great Financial Crisis. Most of their dollar funding was booked outside the United States.
    • We measure non-US banks' short-term dollar funding needs by comparing short-term dollar liabilities (including off-balance sheet FX swaps) with holdings of liquid dollar assets.
    • The scale of the central bank swap lines are of similar magnitude to banks' short-term dollar funding needs. Swap line usage peaked in May at $449 billion and has subsided since. However, dollar funding needs of corporates may yet reveal a broader need for dollars outside the banking system.

  • EBA Supports EU Commission’s Actions Towards A More Sustainable European Economy

    Date 16/07/2020

    • The EBA strongly supports the Commission’s sustainable finance agenda and notes the requirement to embed environmental, social and governance (ESG) considerations into its own work;
    • The EBA argues for internationally consistent disclosures based on a comprehensive taxonomy to promote market disciple and ensure investor  and customer protection;
    • The EBA notes the need for a robust, evidence-based and risk-based regulatory framework and argues for a single EU data platform of ESG-related information to support evidence-based decision making by the public and private sector.