News Centre

ISDA - IRD Trading Activity Reported In EU, UK And US Markets: Full Year 2023 And Fourth Quarter Of 2023

Date 27/03/2024

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs).

CFTC’s Energy And Environmental Markets Advisory Committee To Meet April 10 In Kansas City

Date 27/03/2024

CFTC Commissioner Summer K. Mersinger, sponsor of the Energy and Environmental Markets Advisory Committee (EEMAC), today announced that the EEMAC will hold a public meeting from 9:00 a.m. to 12:00 p.m. (CDT) on Wednesday, April 10 at the University of Missouri – Kansas City in Kansas City, Mo. Members of the public may also attend the meeting virtually or in person, if space permits.

Bermuda Stock Exchange Notice Of Easter Holiday Closure

Date 27/03/2024

The Bermuda Stock Exchange (BSX) advises that it will be closed on Friday, 29 March, in observance of the Good Friday Public Holiday. The BSX will re-open on Monday, 1st, April 2024.

FTSE Russell Announces The Results Of Its March 2024 Country Classification Review For Equities And Fixed Income

Date 27/03/2024

• Portugal will be added to the FTSE World Government Bond Index (WGBI) effective with the November 2024 index profiles

IMF And IOSCO Organise A First Joint Conference During The Annual Spring Meetings Of The IMF And World Bank - ‘Stabilizing The Future: Managing The Nexus Between Growing Capital Markets And Stability Implications’ - Monday 15 April, 14:00-18:00 – Open To All Attendees

Date 27/03/2024

The IMF and IOSCO are pleased to announce their first joint conference on the occasion of the IMF and World Bank Spring Meetings 2024 to be held in Washington D.C.

EIOPA Publishes The Ultimate Forward Rate (UFR) For 2025

Date 27/03/2024

The European Insurance and Occupational Pensions Authority (EIOPA) published today the calculation of the Ultimate Forward Rate (UFR) applicable as of 1 January 2025. This parameter of the methodology to derive EIOPA’s risk-free interest rate term structures will remain unchanged at 3.30% for the euro.

SEC Adopts Reforms Relating To Investment Advisers Operating Exclusively Through The Internet

Date 27/03/2024

The Securities and Exchange Commission today adopted amendments to the rule permitting certain internet investment advisers to register with the Commission (the “internet adviser exemption”). The amendments will require an investment adviser relying on the internet adviser exemption to have at all times an operational interactive website through which the adviser provides digital investment advisory services on an ongoing basis to more than one client. The amendments will also eliminate the current rule’s de minimis exception by requiring an internet investment adviser to provide advice to all of its clients exclusively through an operational interactive website and to make certain corresponding changes to Form ADV.

Statement On Internet Investment Advisers, SEC Chair Gary Gensler, March 27, 2024

Date 27/03/2024

Today, the Commission voted to adopt final rules regarding when investment advisers providing advisory services exclusively over the internet can register with the Securities and Exchange Commission. I was pleased to support these amendments because they modernize a 22-year-old rule to better protect investors in a digital age.

ESMA Provides Market Participants With Guidance On The Clearing Obligation For Trading With 3rd Country Pension Schemes

Date 27/03/2024

The European Securities and Markets Authority (ESMA), as the EU’s financial markets regulator and supervisor, today issued a public statement on deprioritising supervisory actions linked to the clearing obligation for third-country pension scheme arrangements (TC PSA), pending the finalisation of the review of EMIR.

U.S. Department Of The Treasury Releases Report On Managing Artificial Intelligence-Specific Cybersecurity Risks In The Financial Sector

Date 27/03/2024

Today, the U.S. Department of the Treasury released a report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector. The report was written at the direction of Presidential Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) led the development of the report. OCCIP executes the Treasury Department’s Sector Risk Management Agency responsibilities for the financial services sector.