News Centre

National Banker’s Association (NBA) Announces Endorsement Of The American Financial Exchange (AFX) - AMERIBOR® Becomes An Approved Rate For NBA Members

Date 07/10/2019

The National Bankers Association (NBA), the leading minority-owned bank trade association in the US, announced today a historic partnership with the American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American financial institutions. The NBA has endorsed the AMERIBOR® rate as an approved rate to be used for loan documentation for its members. The announcement was made at the 92nd Annual Convention of the NBA during the James E. Young Best and Innovative Practices Lecture featuring AFX’s Chairman and CEO Dr. Richard L. Sandor.

Deutsche Börse: Unscheduled Free-Float Adjustment Of Osram Licht AG In MDAX - Changes To Be Effective As Of 10 October 2019

Date 07/10/2019

On Monday, Qontigo’s global index provider STOXX Ltd. announced an unscheduled change to the MDAX index. Due to the acquisition of shares in the context of an attempted takeover of Osram Licht AG (DE000LED4000) by AMS AG the free float of Osram Licht AG changed by more than 10 percentage points. According to the Guide to the DAX Equity Indices, section 5.1.4., the company’s free float will be adjusted in the index from the current 97.11 percent to 77.12 percent.

Remarks Of DSIO Director Joshua B. Sterling Before The Institute Of International Bankers Risk Management And Compliance Seminar - One Step At A Time: Our Division’s Practical Approach To Overseeing Registrants In A Cross-Border Environment

Date 07/10/2019

Introduction

Good morning.  I wish to thank the Institute of International Bankers (IIB) for inviting me to participate on this important panel, and its staff for organizing this excellent program.  For decades now, the IIB has played an important role in supporting a fair playing field for internationally-headquartered banks and bank affiliates that conduct business in the United States and under our rules.

Bahamas International Securities Exchange Lists 3 Winterbotham Funds

Date 07/10/2019

The Bahamas International Securities Exchange (BISX) is pleased to announce that three new Investment Funds (one with sub-funds) have successfully completed the BISX Mutual Fund Listing Process and have been listed on the Exchange.

Federal Reserve Chair Jerome H. Powell, At The Premiere Of "Marriner Eccles: Father Of The Modern Federal Reserve," Salt Lake City, Utah

Date 07/10/2019

Thank you, Randy, for the kind introduction. It is a great pleasure to join you all this morning for the premiere of KUED's documentary Marriner Eccles: Father of the Modern Federal Reserve. It is also a great pleasure to be in Utah. It has been a long time since a Fed Chair made an official visit to Utah. Alan Greenspan spoke in Salt Lake City 22 years ago. All of the Utahns here know about the Eccles family's enormous contributions to building the economies of the state and the region. The documentary will remind us of Marriner's immense contribution not just to the region, but also to our nation during the Great Depression, World War II, and thereafter.

MiFID II: ESMA Issues Latest Double Volume Cap Data

Date 07/10/2019

The European Securities and Markets Authority (ESMA) has updated today its public register with the latest set of double volume cap (DVC) data under the Markets in Financial Instruments Directive (MiFID II).

ESMA - Update On The UK’s Withdrawal From The European Union - Preparations For A Possible No-Deal Brexit Scenario On 31 October 2019

Date 07/10/2019

On 29 March 2017, the United Kingdom of Great Britain and Northern Ireland (UK) invoked Article 50 of the Treaty on European Union (TEU) which triggered the process for its withdrawal from the European Union (EU), or Brexit. The invocation procedure provides that after a negotiation period of up to two years, the TEU cease to apply to the Member State which invoked Article 50.  

MOEX Changes The Settlement Date For RUON-12.19 And 1MFR-12.19

Date 07/10/2019

Since Moscow Exchange Derivatives Market does not operate on December 31, 2019, Moscow Exchange changes the settlement date for RUON-12.19 and 1MFR-12.19 from December 31, 2019 to December 30, 2019. The settlement month for RUON-1.20 and 1MFR-1.20 begins on December 30, 2019.

ESMA Updates Q&A ON MiFIR Data Reporting

Date 07/10/2019

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on data reporting under the Market in Financial Instruments Regulation (MiFIR).

DTCC Exception Manager Growth Brings Efficiency And Cost Savings To Post-Trade Lifecycle - 5 Global Custodians And 85 Firms Have Signed To Adopt Exception Manager, As Records Held Within The Service Climb To Over 2 Million

Date 07/10/2019

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Exception Manager platform has passed an important milestone, managing more than 2 million records related to 849,556 transactions/trades/exceptions and representing over $100 billion in market activity.