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Federal Reserve Board Announces It Will Extend Until September 6, 2024, The Comment Period On Proposal To Expand Operating Days Of The Federal Reserve Banks’ Two Large-Value Payments Services, Fedwire Funds Service And The National Settlement Service

Date 21/06/2024

The Federal Reserve Board on Friday announced that it will extend until September 6, 2024, the comment period on its proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services, Fedwire® Funds Service and the National Settlement Service (NSS), to include weekends and holidays. The Board extended the comment period to allow the public more time to analyze the proposal and prepare their comments. Comments on the proposal were originally due by July 8, 2024.

FP Markets Adds Two More Industry Benchmark Awards To Its Collection

Date 21/06/2024

Extending its winning streak, global multi-asset Forex and CFD broker, FP Markets, was crowned 'Most Transparent Broker' and also took home 'Best Trading Conditions' for the second year in a row at the highly anticipated Global Ultimate Fintech (UF) Awards 2024. Following last year's 'Most Trusted Broker' acknowledgement and the 'Best Trade Execution' award received in 2022, the FP Markets trophy cabinet now includes five esteemed Global UF Awards. 

Nigerian Exchange Weekly Market Report For The Week Ended 21 June 2024

Date 21/06/2024

The market opened for three trading days this week as the Federal Government of Nigeria declared Monday June 17 and Tuesday June 18, 2024, as Public Holidays to commemorate 2024 Eid el Kabir celebrations.

ETFGI: Korean Retail Investors Were Active Investors In Overseas Listed ETFs In May

Date 21/06/2024

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that in May, 23 of the top 50 overseas securities purchased by Korean retail investors were ETFs listed in the United States and Japan. The number of ETFs on the list were down by 2 from 25 in April 2024, it is down by 2 from 25 in March 2024, and it remains the same as February 2024.

Acting US Comptroller Of The Currency Issues Statement On FDIC Industrial Loan Company Application

Date 21/06/2024

Acting Comptroller of the Currency Michael J. Hsu issued the following statement at yesterday’s Federal Deposit Insurance Corporation (FDIC) board meeting regarding the application from Thrivent Financial for federal deposit insurance.

US Federal Agencies Announce Results Of Resolution Plan Review For Largest And Most Complex Banks

Date 21/06/2024

The Federal Deposit Insurance Corporation and Federal Reserve Board today announced that, following their joint review of the July 2023 resolution plan submissions of the eight largest and most complex banks, they identified a weakness in the plans from Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase. The agencies did not identify any weaknesses in the plans from the other banks.

Acting US Comptroller Of The Currency Issues Statement On New Reporting Channels for FDIC Complaints

Date 21/06/2024

Acting Comptroller of the Currency Michael J. Hsu issued the following statement at yesterday's Federal Deposit Insurance Corporation (FDIC) board meeting regarding the creation of the Office of Professional Conduct and the Office of Equal Employment Opportunity.

Nasdaq Announces Semi-Annual Changes To The OMX Iceland 15™ Index

Date 21/06/2024

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Iceland 15™ Index, (Nasdaq Iceland: OMXI15™), which will become effective at market open on Monday, July 01, 2024.

ETFGI Reports Assets Invested In The ETFs Industry In The United States Reached A New Record High Of 9.00 Trillion US Dollars At The End Of May

Date 21/06/2024

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in the ETFs industry in the United States reached a new record high of US$9.00 trillion at the end of May. The ETFs industry in the US reported net inflows of US$90.57 billion during May, bringing year-to-date net inflows to US$358.17 billion, according to ETFGI's May 2024 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

The EBA Updates The Pillar 3 Disclosure Framework Finalising The Implementation Of The Basel III Pillar 3 Framework

Date 21/06/2024

• Today’s publication of draft implementing technical standards is a key milestone in the implementation of the latest Basel III disclosure reforms laid down in the new Banking Package.
• The new ITS implement the CRR 3 disclosure requirements on output floor, credit risk, market risk, CVA risk, operational risk and a transitional disclosure on exposures to crypto-assets.
• The alignment of the disclosure requirements with the Basel III framework and its integration with supervisory reporting will promote comparability and consistency of the information.