News Centre

Some Thoughts On r*: Why Did It Fall And Will It Rise? Federal Reserve Governor Christopher J. Waller, At The Reykjavik Economic Conference, Reykjavik, Iceland

Date 24/05/2024

Thank you for the invitation to be here and speak to you today.

I want to step away from shorter-term questions about the economic outlook and monetary policy to delve into a subject of longer-term significance—r*. While there are many concepts of r*, I interpret it to be the real policy interest rate that is neither stimulating nor restricting economic activity with inflation anchored at the central bank's inflation target. 

TMX Group Closes C$300 Million Private Placement Debenture Offering

Date 24/05/2024

TMX Group Limited ("TMX Group") today announced that it has closed a Canadian private placement offering (the "Offering") of C$300 million aggregate principal amount of 4.747% Series J Unsecured Debentures due May 26, 2026 (the "Debentures") to accredited investors in Canada. The Debentures are direct senior unsecured and unsubordinated obligations of TMX Group and rank pari passu with all other senior unsecured and unsubordinated indebtedness of TMX Group.

Malawi Stock Exchange Weekly Summary, 24 May 2024

Date 24/05/2024

Click here to download Malawi Stock Exchange Weekly Summary.

Deutsche Börse: On The Passing Of Rolf-E. Breuer

Date 24/05/2024

Rolf-E. Breuer passed away on 22 May 2024 at the age of 86.

Firms To Recommence GAP Insurance Sales Following UK Financial Conduct Authority Action

Date 24/05/2024

The Financial Conduct Authority (FCA) has confirmed that several firms have been permitted to recommence their sales of Guaranteed Asset Protection (GAP) insurance, following action by the regulator to improve fair value.

UK HM Treasury And European Commission Joint Statement On The Second EU-UK Financial Regulatory Forum

Date 24/05/2024

This joint statement between HM Treasury and the European Commission is a public record of what has been covered at the second EU-UK Financial Regulatory Forum on 24 May 2024. This forum was established following the signing of the UK-EU Memorandum of Understanding on Financial Services Cooperation on 27 June 2023.

SET To Mark 50th Year Anniversary, Embracing Future Opportunities For All

Date 24/05/2024

The Stock Exchange of Thailand (SET) will commemorate  its 50th anniversary, under the concept “Make it ‘Work’ for Every Future”,  moving towards inclusive growth and sustainability. SET has outlined comprehensive action plans aiming at enhancing its regional exchange status and broadening fundraising opportunities for businesses of all sizes, both domestically and internationally, which includes limited to large family businesses, foreign firms operating in Thailand, SMEs, and startups. The plan leverages on Thailand's economic strengths, developing a digital-driving capital market on top of the traditional one, improving operational efficiency and oversight, and adopting advanced generative AI technology. 

UK Financial Conduct Authority Publishes Decision Notices Against Two Individuals For Acting Without Integrity In Relation To Pensions Business

Date 24/05/2024

Both individuals have referred the Decision Notices to the Upper Tribunal. Any findings in the Decision Notices are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers their behaviour should be characterised. However, as is noted on Mr Burdett’s Decision Notice, there are certain allegations and findings that are no longer being pursued by the FCA before the Tribunal.

EU AI Act - More Than Half Of European Financial Services Firms Do Not Want Strict AI Regulation, Finds Broadridge

Date 24/05/2024

This week the European Council approved the Artificial Intelligence (AI) Act which will enter into force next month, setting a potential global standard for AI regulation.

CFFEX: Notice On Collecting Tiered Order Submission Fees On China Government Bond Futures

Date 24/05/2024

Pursuant to the Detailed Clearing Rules of China Financial Futures Exchange, China Financial Futures Exchange (CFFEX) plans to collect tiered order submission fees on China Government Bond (CGB) futures contracts from non-futures-company members and clients based on their message amount (MA) and order-to-trade ratio (OTR), which will take effect on July 1, 2024.