News Centre

EBA Publishes Guidelines On ICT And Security Risk Management

Date 28/11/2019

The European Banking Authority (EBA) published today its final Guidelines on ICT and security risk management. These Guidelines establish requirements for credit institutions, investment firms and payment service providers (PSPs) on the mitigation and management of their information and communication technology (ICT) and security risks and aim to ensure a consistent and robust approach across the Single market. These Guidelines will enter into force on 30 June 2020.

ESMA Chair Maijoor Speech At EFRAG Conference On IFRS And Regulation

Date 28/11/2019

ESMA Chair Steven Maijoor delivered a keynote speech today at the EFRAG Conference on IFRS and regulation in Brussels. He stressed that:

“The strong capital market orientation of IFRS can be an important factor in building a stronger Capital Markets Union. In order to ensure, and facilitate, broader investor participation in EU capital markets, we need to have a strong equity culture in which the financial reporting system responds to investor demands.”

BME: Holaluz To Start Trading On MAB Tomorrow, November 29th

Date 28/11/2019

• It is the 21st company to list on this BME market in 2019
• The company will have a value of 160.1 million euros on its market debut

Dubai Financial Services Authority And Commission De Surveillance Du Secteur Financier Sign Financial Innovation Agreement

Date 28/11/2019

The Dubai Financial Services Authority (DFSA) and the Commission de Surveillance du Secteur Financier (CSSF) Luxembourg, entered into an agreement to cooperate in the development of FinTech. The cooperation framework reflects efforts by both authorities to foster innovation in the Dubai International Financial Centre (DIFC), as well as in Luxembourg.

Basel Committee Publishes Consultation Paper On Revisions To The Credit Valuation Adjustment Risk Framework

Date 28/11/2019

The Basel Committee on Banking Supervision has today published a consultative document on revisions to the credit valuation adjustment (CVA) risk framework. It seeks the views of stakeholders on a set of limited adjustments to the CVA risk framework published in December 2017.

EEX Supports NCG’s Market Making Scheme To Increase Liquidity On German Gas Futures - EEX To Offer A Complementary Incentive Scheme To The NCG Market Making Tender

Date 28/11/2019

The European Energy Exchange (EEX) has welcomed the initiative of the German gas market area manager NetConnect Germany (NCG) to support derivatives trading on German natural gas markets by means of an incentive scheme. Promoting futures market liquidity will improve hedging opportunities for traders and increase attractiveness for long-term investments in Germany.

STOXX Innovates Index Business By Launching Fund Managers Index

Date 28/11/2019

Qontigo’s global index provider STOXX Ltd. has launched the iSTOXX Top Citywire Fund Managers Index. The index has been licensed to Credit Suisse as an underlying for both delta one and structured products. 

SGX RegCo Sharpens Tools Used To Deal With Market Manipulation Risk

Date 28/11/2019

Singapore Exchange Regulation (SGX RegCo) has sharpened the tools used to deal with manipulation risk in the stock market by restricting accounts involved in unusual activities in a stock and concurrently issuing a Trade with Caution alert on the same stock. 

Securities Commission Malaysia Releases Updated List Of Shariah-Compliant Securities By Shariah Advisory Council

Date 28/11/2019

The Securities Commission Malaysia (SC) today released an updated list of Shariah- compliant securities approved by its Shariah Advisory Council (SAC).

ESMA Sees Continued High Market Risk Amid Deteriorating Economic Fundamentals

Date 28/11/2019

The European Securities and Markets Authority (ESMA), the EU’s securities regulator, today publishes its latest risk dashboard for the European Union’s securities markets, covering the third quarter of 2019.