News Centre

The EBA Updates List Of Other Systemically Important Institutions

Date 15/05/2025

The European Banking Authority (EBA) today updated the list of other systemically important institutions (O-SIIs) in the EU, which, together with global systemically important institutions (G-SIIs), are identified as systemically important by the relevant authorities according to harmonised criteria laid down in the EBA Guidelines. This list is based on year-end-2024 data and includes the overall score calculated according to the EBA Guidelines and the capital buffer rate that the relevant authorities have set for the identified O-SIIs. The list is available also through a user-friendly visualisation tool.

ISDA AGM Studio: Scott O’Malia And Sarah Breeden, Bank Of England

Date 15/05/2025

Sarah Breeden, deputy governor for financial stability at the Bank of England, speaks to ISDA CEO Scott O’Malia about some of the headwinds facing financial markets in 2025, and how policymakers can address perceived vulnerabilities in non-bank financial intermediation. 

SIFMA Statement On The Importance Of Exempting Treasuries From Leverage Ratios

Date 15/05/2025

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the need for policymakers to examine exempting Treasuries from leverage ratios to enhance market resiliency:

“Bank-affiliated brokers-dealers are key intermediaries in the U.S. Treasury market. Current capital rules require banks to meet risk-based requirements and two leverage ratios.  These leverage ratios, being non-risk-sensitive, often become binding constraints during flight to quality or dash for cash episodes, causing brokers-dealers to reduce their market intermediation activities at just the wrong time. With U.S. Treasury issuance set to grow rapidly, and with the current volatility in the market top of mind, we urge policymakers to exempt Treasuries and central bank deposits from leverage ratio calculations going forward to ensure banks can effectively intermediate the Treasury market.”

ISDA AGM Studio: Tom Jasper And Eric Litvack

Date 15/05/2025

ISDA’s 40th anniversary was a key theme of this year’s Annual General Meeting. To mark this milestone, Nick Sawyer, ISDA’s global head of communications, talked to Tom Jasper, managing partner at Manursing Partners, who established and led the interest rate swaps team at Salomon Brothers and served as ISDA’s first co-chair, and Eric Litvack, managing director and group head of public affairs at Société Générale and ISDA’s longest-serving chair, who stepped down in 2024.

EU Macroeconomic Policy In An Age Of Shocks: A View From The UK - Slides By Swati Dhingra, Bank Of England, Member Of The Monetary Policy Committee, Presented At The New Economics Foundation Event

Date 15/05/2025

Biocatch And The Knoble Co-Launch Anti-Scam Guide And Cost Calculator

Date 15/05/2025

Financial scams are on the rise globally, resulting in billions in financial losses for both financial institutions and the individual consumers they serve. The Knoble, a coalition of financial service professionals, law enforcement, regulators, and non-profit organisations dedicated to combating human crime, and BioCatch, which prevents financial crime by recognising patterns in human behaviour, are pleased to announce the release of a scams control business case: “Measuring the Impact of Authorised Push Payment Scams: A Practical Framework for Financial Institutions.” 

ISDA AGM Studio: Roy Choudhury And Ido de Geus

Date 15/05/2025

Roy Choudhury, managing director and senior partner at Boston Consulting Group, and Ido de Geus, head of fixed income at PGGM Investments, talk to Nick Sawyer, ISDA’s global head of communications, about the uses and value of over-the-counter derivatives. 

Harnessing The Digital Future Of Payments: Europe's Path To Sovereignty And Innovation - Speech By Piero Cipollone, Member Of The Executive Board Of The ECB, At The France Payments Forum Event “Digital Euro And The Future Of Payments In Europe”

Date 15/05/2025

Thank you for inviting me to discuss the future of payments and the digital euro.

Most people associate the adoption of the euro with the launch of euro banknotes and coins. While the euro was introduced for accounting purposes in 1999, we tend to feel it only became our money three years later once we started paying in euro cash around Europe. Euro banknotes and coins made the currency the tangible symbol of a united Europe.

ISDA Future Leaders In Derivatives Publishes Whitepaper On Collateral And Liquidity Efficiency

Date 15/05/2025

ISDA has today published a whitepaper from ISDA Future Leaders in Derivatives (IFLD), its professional development program for emerging leaders in the derivatives market. The whitepaper, Collateral and Liquidity Efficiency in the Derivatives Market: Navigating Risk in a Fragile Ecosystem, was developed by the fourth cohort of IFLD participants, who began working together in October 2024.

Opening Remarks By Federal Reserve Board Chair, Jerome H. Powell, At The Second Thomas Laubach Research Conference

Date 15/05/2025

Good morning. I am pleased to welcome everyone here today. Thomas Laubach's research and support of the Federal Open Market Committee (FOMC) helped us better understand monetary policy, and it is fitting that this work will continue today in his name. Thank you to the authors of the papers, to the discussants, and to our panel participants. Thank you also to Trevor and his team for organizing this conference; a lot of work went into bringing us together.