News Centre

B3: Ibovespa Breaks New Record And Reaches 87.293 Points

Date 23/02/2018

B3’s main stock market performance index – Ibovespa – hit a record high today ending the day at 87.293 points, up 0.70%  from last trading session. The previous Ibovespa record of 86.686 points was recorded on February 22, 2018.

CFTC Commitments Of Traders Reports Update

Date 23/02/2018

The current reports for the week of  February 20, 2018 are now available.

Nigerian Stock Exchange Market Report For February 23rd 2018

Date 23/02/2018

A total turnover of 2.018 billion shares worth N21.740 billion in  25,496 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.940 billion shares valued at N27.924 billion that exchanged hands last week in 28,567 deals. 

Opening Remarks At The “SEC Speaks” Conference, SEC Chairman Jay Clayton, Washington D.C., Feb. 23, 2018

Date 23/02/2018

Thank you, Bill [Hinman], for that gracious introduction. I am delighted to kick off this event. Let me start by acknowledging the remarkable group of people who do serve or have served at the Securities and Exchange Commission (“SEC” or “Commission”). As is a tradition at this conference, I ask that every current member of the SEC staff please stand. Now, would alumni of the agency please join them in standing.

EBA Issues Opinion On Measures To Address Macroprudential Risk

Date 23/02/2018

The European Banking Authority (EBA) published today an Opinion following the notification by the National Bank of Belgium (NBB) of its intention to modify capital requirements in order to address an increase in macroprudential risk. Based on the evidence submitted by the NBB, the EBA does not object to the adoption of the proposed measure, which is based on Article 458 (2) of the Capital Requirements Regulation (CRR). This new measure aims at enhancing the resilience of Belgian banks to potential severe downward corrections in residential real estate markets.

Office Of The Comptroller Of The Currency Bulletin: Annual Stress Test: Final Rule - Technical And Conforming Changes

Date 23/02/2018

Summary

The Office of the Comptroller of the Currency (OCC) published a final rule in the Federal Register today to implement several technical and conforming changes to the OCC’s Annual Stress Test regulation (12 CFR 46). The final rule changes the range of possible “as-of” dates used in the global market shock component to conform to changes recently made by the Board of Governors of the Federal Reserve System to its stress testing regulations. The final rule also changes the transition period for an institution that becomes an over $50 billion covered institution. Finally, the final rule makes certain technical changes to clarify the requirements of the OCC’s stress testing regulation.

Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions Setting Interest Rates)

Date 23/02/2018

Market operations

Update of the list of euro foreign exchange reference rates

On 26 January 2018 the Governing Council decided to again include the Icelandic króna in the list of currencies for which the ECB publishes daily euro foreign exchange reference rates. The reporting of this currency was suspended in December 2008 in the absence of a reliable market-determined exchange rate following the introduction of capital controls by the Icelandic authorities. The lifting of those controls in March 2017 and the return of a reliable market-determined exchange rate has justified the reinclusion, which is effective from 1 February 2018. The foreign exchange reference rates, which are based on a regular concertation procedure between central banks across Europe generally held at 14:15 CET each working day, are usually updated daily, at around 16:00 CET.

Remarks At SEC Speaks: Increasing Product Complexity: What’s At Stake? - SEC Commissioner Kara M. Stein, Washington D.C., Feb. 23, 2018

Date 23/02/2018

Good morning. Thank you, Bill [Hinman] for that kind introduction.

As always, it is a pleasure to be with you today at SEC Speaks.

Before I continue, I will remind you that the views I express here today are my own and may not necessarily reflect those of my fellow Commissioners, or of the staff of the Commission.

It’s my understanding that this is the 47th year of SEC Speaks. Much has changed in our capital markets since 1972. Computers now allow investors to access a myriad of investment options from common equity to complex financial instruments within minutes. Both large and small investors have more investment options at their fingertips—and I mean that literally—than ever before. Computers also allow financial products to be developed and sold more quickly than ever before. This high rate of financial innovation and engineering can be beneficial, but it also can present challenges. I still remember the ashen faces of the Secretary of the Treasury and the Chair of the Federal Reserve when they came to the Senate Banking Committee seeking authorization for a massive federal government intervention during the financial crisis. Financial engineering of complex institutional investment products (such as credit default swaps and collateralized debt obligations) were at the heart of the financial crisis.

Office Of The Comptroller Of The Currency Finalizes Technical Changes To Annual Stress Test Rule

Date 23/02/2018

The Office of the Comptroller of the Currency (OCC) today finalized a rulemaking amending the OCC’s Annual Stress Test Rule. The final rule makes several technical revisions to the stress testing regulation and becomes effective 30 days after publication in the Federal Register.

CFTC’s Division Of Clearing And Risk Extends No-Action Relief For Shanghai Clearing House

Date 23/02/2018

The Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) announced today that it has issued a no-action letter extending the relief originally provided to Shanghai Clearing House (SHCH) in CFTC Letter 16-56. The relief, as extended by CFTC Letters No. 17-26 and 17-62, expires February 28, 2018. The new extension will last until the earlier of February 28, 2019 or the date on which the CFTC exempts SHCH from registration as a derivatives clearing organization (DCO).