News Centre

BME: International Investors Own 48.1% Of The Spanish Listed Shares

Date 17/07/2019

• Ownership of Spanish shares by non-resident investors rises two points in a year and reaches a record high
• Direct stock exchange investment by Spanish households decreases to 17.2%, while that by non-financial companies rises

UnionBank Adopts Refinitiv Electronic Trading To Power Business, First Filipino Bank To Adopt Solution To Strengthen Presence In Local, Foreign Exchange Markets

Date 17/07/2019

Union Bank of the Philippines(UnionBank) announced today it has adopted Refinitiv's Electronic Trading (ET) solution to power its business in the Philippines and strengthen its presence in both the local and international foreign exchange markets.

U.S. Sen. Sherrod Brown, Ranking Member, U.S. Senate Committee On Banking, Housing, And Urban Affairs Opening Statement At Facebook Hearing

Date 16/07/2019

U.S. Sen. Sherrod Brown (D-OH) – ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – delivered the following opening statement at today’s hearing on Facebook’s Digital Currency.

U.S. Senator Mike Crapo, Chairman U.S. Senate Committee On Banking, Housing And Urban Affairs Statement At Facebook Hearing

Date 16/07/2019

U.S. Senator Mike Crapo (R-Idaho), Chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, delivered the following remarks at a hearing entitled, “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations.”   

Monetary Policy In The Post-Crisis Era, Federal Reserve Chair Jerome H. Powell, At "Bretton Woods: 75 Years Later—Thinking About The Next 75," A Conference Organized By The Banque De France And The French Ministry For The Economy And Finance, Paris, France

Date 16/07/2019

Seventy-five years ago this month, the foremost economic and policy minds of their generation gathered in a sleepy mountain town in New England. While World War II still raged, they envisioned a new international monetary system with rules, procedures, and institutions—including the International Monetary Fund (IMF) and the World Bank—to promote recovery and stability in a war-ravaged world.

Former REIT Manager And Executives To Settle SEC Charges For More Than $60 Million

Date 16/07/2019

The Securities and Exchange Commission today charged AR Capital LLC, its founder Nicholas S. Schorsch, and its former CFO Brian Block with wrongfully obtaining millions of dollars in connection with two separate mergers between real estate investment trusts (REITs) that were sponsored and externally managed by AR Capital. The defendants agreed to settle the matter by, among other things, cumulatively agreeing to over $60 million in disgorgement, prejudgment interest and civil penalties.

Bank Of Canada To Become The Administrator Of Key Interest Rate Benchmark

Date 16/07/2019

The Bank of Canada today announced its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a key interest rate benchmark for financial markets. The Bank will take over this role from the current administrator, Refinitiv, when enhancements to CORRA take effect next year. The Bank will provide the rate as a public good, at no cost. This is in line with developments in other major economies.

Nodal Exchange Attains Successive Record Quarter In Power Futures With 117% Growth Rate

Date 16/07/2019

Nodal Exchange achieved a new quarterly trading record in power futures with a total volume of 520 million MWh in Q2 2019, breaking the previous record of 405 million MWh set in Q1 2019.  This resulted in a 117% growth rate in Q2 2019 over Q2 2018 while the total industry market grew just 15% over the same time period.

Moscow Exchange: Risk Parameters For New Bonds

Date 16/07/2019

New bond will be accepted to margin trading starting from 17.07.2019.

EBA Amends Implementing Technical Standards On Supervisory Reporting With Regard To Financial Information (FINREP)

Date 16/07/2019

The European Banking Authority (EBA) published today amendments to the Implementing Technical standards (ITS) on supervisory reporting with regard to FINREP. The amendments concern the reporting requirements on non-performing exposures (NPE) and forbearance to allow monitoring of reporting institutions' NPE strategies, the reporting requirements on profit and loss items and the implementation of the new International Financial Reporting Standard on leases (IFRS 16).