News Centre

BIS, COP28 And Central Bank Of United Arab Emirates Launch TechSprint To Develop Technological Solutions For Sustainable Finance And Combating Climate Change

Date 11/09/2023

• Global initiative aimed at promoting innovation in scaling sustainable finance and combating climate change.
• Problem statements focus on application of Artificial Intelligence, blockchain, Internet of Things and sensor technologies.
• Initiative is open to developers worldwide.

BOX Exchange: Annual SIFMA BCP/ Reg SCI Test – October 14, 2023

Date 11/09/2023

In coordination with other market centers and in support of Regulation SCI, BOX Exchange LLC (“BOX”) will be participating in the annual SIFMA BCP Test on Saturday, October 14, 2023.

Sentiment Remains Poor, With A Further US$59m Outflows Last Week - CoinShares Fund Flows

Date 11/09/2023

• Digital asset investment products saw outflows totalling US$59m last week, this run of outflows now totals US$294m.
• Bitcoin suffered the most, seeing outflows of US$69m last week, while short-bitcoin saw its largest single week of inflows since March 2023, totalling US$15m.
• Blockchain equities did not escape the negative sentiment, with US$10.8m outflows, marking the 5th consecutive week of outflows.

BIS: Governors And Heads Of Supervision Endorse Initiatives In Response To The Banking Turmoil And Reaffirm Priority To Implement Basel III

Date 11/09/2023

• The Basel Committee's oversight body takes stock of the lessons learnt from the banking turmoil.
• Endorses initiatives in response to the turmoil, including prioritising strengthening supervisory effectiveness, pursuing additional analytical work, and assessing the need to explore policy options over the medium-term.
• Welcomes progress made in implementing Basel III and reiterates its expectation to implement all aspects of the Basel Framework in full, consistently, and as soon as possible.

CME Group To Launch Options On Micro Gold Futures As Retail Participation Jumps

Date 11/09/2023

CME Group, the world's leading derivatives marketplace, today announced that it will launch options on   Micro Gold futures on October 2, 2023, pending regulatory review.

Inflation Models And Research: Distilling Dynamics For Monetary Policy Decision-Making - Speech By Catherine L. Mann, Bank Of England, Member Of The Monetary Policy Committee - To Be Given At The Canadian Association For Business Economics On Tuesday 12 September 2023 At 12am BST

Date 11/09/2023

Catherine L. Mann discusses recent inflation forecast misses. She explains the MPC’s process of making predictions and some models in the toolbox. She highlights the importance of reinforcing the inflation anchor through monetary policy actions. She discusses what that implies for her policy strategy.

Big Steps Forward In UK Capital Markets Cooperation With India

Date 11/09/2023

• Jeremy Hunt, Chancellor of the Exchequer, today unveiled a series of shared economic and financial commitments with India, following talks with Indian Finance Minister Nirmala Sitharaman in Delhi
• the Chancellor welcomed India’s confirmation to explore London as a permitted jurisdiction for overseas direct listings of securities
• agreements also include the launch of a partnership to boost cross-market investment by the insurance and pension sectors and an initiative to share expertise in structuring and financing major infrastructure projects

Fiserv Leads 2023 IDC FinTech Top 100 Ranking Of Global Financial Technology Providers - Company Also Takes Home A Real Results Award In The Deposit Transformation category For Its Work On Behalf Of Primis Bank

Date 11/09/2023

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology solutions, has landed the top spot on the 2023 IDC FinTech Top 100 Rankings in recognition of its delivery of innovation-driving technology to financial institutions. The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. Data is gathered from surveys completed by solution providers, as well as original research and market analysis conducted by IDC Financial Insights.

FESE: Response To The ESAs Consultation On The First Batch Of Dora Policy Products

Date 11/09/2023

FESE welcomes the opportunity to contribute its views to the ESAs consultation papers on the first batch of DORA policy products. The consultation papers cover the ICT risk management framework, criteria for the classification of ICT-related incidents, policy on ICT services performed by ICT third-party providers and templates for the register of information.

London Stock Exchange Group plc: Completion Of Off-Market Purchase

Date 11/09/2023

Further to its announcement on 7 September 2023, London Stock Exchange Group plc ("LSEG" or the "Company") today announces that it has completed the off-market purchase of 9,500,466 limited-voting ordinary shares of 679/86 pence each of the Company (the "Off-Market Purchase") in aggregate from York Holdings II Limited ("York Holdings II") and York Holdings III Limited ("York Holdings III") (entities owned by BCP York Holdings (Delaware) L.P.("BCP York") (an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc. and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte. Ltd. and certain other co-investors), Thomson Reuters and certain other minority holders) (BCP York, York Holdings II and York Holdings III together, the "Consortium"). The shares purchased by the Company will be cancelled.