News Centre

Refinitiv Global Investment Banking Review - First Quarter 2019

Date 08/04/2019

Refinitiv is pleased to present Refinitiv's Global Investment Banking Review for the first quarter of 2019. ​

• Global Investment Banking fees total US$22.8 billion during first quarter 2019
• ECM fees down 41%; M&A down 8%; Loans down 16%; DCM flat compared to 2018
• Fees generated by the Retail sector falls 53%

Important Issues For Investors In 2019, Rick Fleming, SEC Investor Advocate, The SEC Speaks In 2019, Washington D.C.

Date 08/04/2019

Good afternoon. I hope you are enjoying this year’s edition of SEC Speaks, which gives the public a good overview of all the work that is going on at the Commission. In the Office of the Investor Advocate, we track all of these issues, as well as the activities of the self-regulatory organizations, and this conference can give you some idea of the breadth of issues that are covered by the phenomenal staff in my Office. We also try to provide an important outreach mechanism so that Commissioners and staff can hear directly from investors and their representatives, and I particularly want to commend SEC Ombudsman Tracey McNeil and her counsel, Dan Morris, for putting together an event last week that allowed SEC staff to interact with 60 law students and faculty who represent investors of limited means in law school advocacy clinics.

European Commission: Remarks Of Commissioner Phil Hogan At Press Conference On Brexit Preparedness

Date 08/04/2019

Good morning.

This morning, I want to give you some details of the contingency planning that we have been doing in relation to the potential impact of Brexit on the EU agri-food sector.

Office Of The Comptroller Of The Currency Bulletin: Regulatory Capital Rule: Notice Of Proposed Rulemaking

Date 08/04/2019

Summary

The OCC, Federal Reserve Board, and FDIC are proposing a rule that would increase capital requirements for advanced approaches banks that invest in a long-term debt instrument issued by holding company subject to Federal Reserve total loss absorbing capacity requirements, or issued by a global systemically important banking organization.

Federal Reserve Board Invites Public Comment On Regulatory Framework That Would More Closely Match Rules For Foreign Banks With The Risks They Pose To U.S. Financial System

Date 08/04/2019

The Federal Reserve Board on Monday invited public comment on a regulatory framework that would more closely match the rules for foreign banks with the risks they pose to the U.S. financial system. The changes would maintain the most stringent requirements for firms with the most risk, while reducing compliance requirements for firms with less risk.

FTSE Mondo Visione Exchanges Index Up 4.4% In Q1 2019, Down 2.6% In March, Up 0.8% Over 12 Months, Zagreb Stock Exchange Joins FTSE Mondo Visione Index

Date 08/04/2019

Markets stabilised in the first quarter of 2019 following a turbulent end to 2018 with the FTSE Mondo Visione Exchanges Index ending the quarter 4.4 per cent higher.

Finansinspektionen’s Director General, Erik Thedéen: Diversity On The Mortgage Market Is Healthy

Date 08/04/2019

FI’s Director General participated in the seminar Evolution of Mortgage Finance arranged by Stabelo for a broad group of institutional investors.

EBA Publishes Final Draft Standards On The Conditions To Allow Institutions To Calculate Capital Requirements Of Securitised Exposures (Kirb) In Accordance With The Purchased Receivables Approach

Date 08/04/2019

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) setting out conditions to allow institutions to calculate capital requirements of the securitised exposures (KIRB) in accordance with the purchased receivables approach laid down in the amended Capital Requirements Regulation (CRR). These draft RTS aim at striking the right balance between the need to acknowledge the specific circumstances under which institutions calculate capital requirements in the context of a securitisation transaction and the need to maintain appropriately safe and prudent requirements on the internal modelling of capital requirements. The RTS are part of 28 mandates assigned to the EBA within its important role in the implementation of the new securitisation framework.

RELX-Owned LexisNexis Risk Solutions Appoints Steve Elliot As Managing Director Of UK Business Services

Date 08/04/2019

LexisNexis® Risk Solutions, the global information solutions provider, and part of RELX, has announced the appointment of Steve Elliot as Managing Director of its UK Business Services business unit.

Government’s Online Harms White Paper - Response From Dr David Haynes, City, University Of London

Date 08/04/2019

In response to the Government’s Online Harms White Paper published today, Dr David Haynes, a Visiting Lecturer and Royal Academy of Engineering Fellow in City, University of London’s Department of Library & Information Science, says the following:

Putting responsibility for content on platform providers shifts the emphasis away from the perpetuators of crimesand creates a whole new layer of unnecessary regulation.  Just as telephone companies are not made liable for the nature of the conversations that are carried over their lines, it is unrealistic and unreasonable to expect social network platforms to police the content on their platforms.  It is even more problematical to attempt to regulate content itself, as the results are either mechanistic or ineffectual and can directly harm the interests of medical support groups for instance (anyone remember the banning of the word ‘breast’ from some platforms?).  There is already extensive legislation against libel, human trafficking, sexual exploitation of vulnerable individuals and conspiracy to commit terrorist acts.  It would be far better to use these existing laws than to create a special, parallel ‘online’ law.