Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

CCData-468x60x2.jpg BT_Radianz_468x60_Jul23

  • Effectiveness Of Supervision Is Overall Good, The EBA Peer Review Report On The Definition Of Default Finds

    Date 22/07/2024

    The European Banking Authority (EBA) today published a Peer Review on its Guidelines on the application of the definition of default.  The Review found that the effectiveness of supervision in this area is good, in particular as regards the monitoring of internal ratings-based approach (IRBA) credit institutions. Supervision of the definition of default of credit institutions using the standardised approach (SA) is also good but more varied, reflecting the more dispersed nature of credit institutions and the relative predominance of IRBA credit institutions in terms of size and assets in different jurisdictions. The Report identifies a small number of follow-up measures/recommendations for certain competent authorities as well as best practices that would be of benefit for other competent authorities to adopt.

  • ACER Assesses The Gas Transmission Tariff Methodology Proposed For Slovakia

    Date 22/07/2024

    Today, ACER releases its report on the Slovakian gas transmission tariffs proposed by Eustream A.S., the Transmission System Operator (TSO) of Slovakia.

  • FSB Chair Calls For Further Progress Implementing Non-Bank Financial Intermediation Reforms

    Date 22/07/2024

    • In his letter to the G20, FSB Chair highlights high debt levels and vulnerabilities in non-bank financial intermediation (NBFI) as key risks to financial stability.
    • Chair notes many of the underlying vulnerabilities in NBFI are still in place.
    • FSB Chair also flags uneven progress in implementation of agreed NBFI policies and notes the need to finalise and implement these in a timely fashion.

  • ICE First Look At Mortgage Performance: June Sees Calendar-Driven Spike In Delinquencies; Foreclosures Remain Historically Low

    Date 22/07/2024

    • Coming off a near-record low in May and with June ending on a Sunday, the national delinquency rate jumped +14.5% (+45 basis points) to 3.49%, its second highest level in 18 months
    • Sunday month-ends often lead to sharp, but typically temporary, spikes in delinquent mortgages, as payments made on the last day of a given month are not processed until the following month
    • As such, June saw a +19.6% increase in the number of borrowers a single payment past due – the highest inflow since May 2020 – while 60-day delinquencies rose 11.8% to a five-month high
    • Though up 5.1% from May, serious delinquencies (loans 90+ days past due but not in active foreclosure) were still down ‑8.5% year over year and 10.1% below pre-pandemic levels
    • Foreclosure starts declined 6.2% in June – pushing active foreclosure inventory to its lowest point since the end of COVID-era moratoriums, now 34% below pre-pandemic levels
    • 5.3K foreclosure sales were completed nationally in June, representing a -14.9% month-over-month decrease to their lowest level since February 2022, still well below pre-pandemic norms
    • Prepayments eased -7.6% from May, breaking a six-month streak of increasing prepay activity as we near the typical seasonal peak of home sales, and affordability and rate constraints persist

  • Bank Of England: Results Of The Semi-Annual FX Turnover Surveys In April 2024 - See The Headline Results From An April 2024 Survey Of 27 Financial Institutions That Are Active In The UK Foreign Exchange Market

    Date 22/07/2024

    In April 2024, 27 financial institutions active in the UK foreign exchange market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the April 2024 reporting period are available separately.

MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg