News Centre

The EBA Consults On Draft Technical Standards On Equivalent Mechanism For Unfinished Property Under The Standardised Approach Of Credit Risk

Date 13/05/2024

The EBA plays an important role in the implementation of the EU Banking Package. 

• These draft regulatory technical standards are part of the first phase of the EBA roadmap for implementing the EU Banking Package in the area of credit risk.
• These draft technical standards will contribute to a more a robust regulatory framework, efficient supervision, and enhanced risk control by credit institutions. 

BIS: Erik Thedéen Appointed As Chair Of The Basel Committee On Banking Supervision

Date 13/05/2024

• The Basel Committee's oversight body appoints Erik Thedéen, Governor of the Sveriges Riksbank, as Chair of the Basel Committee.
• Mr Thedéen succeeds Pablo Hernández de Cos, who has chaired the Committee since March 2019.
• Mr Thedéen's term starts on 11 June 2024 for three years, renewable once.

Broadridge And Kyndryl To Partner In Canadian Wealth Management

Date 13/05/2024

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that it will acquire Kyndryl’s Securities Industry Services (SIS) wealth and capital markets technology platform. SIS solutions include clearing and settlement, account record keeping, tax and regulatory reporting, and integrated order management activities for Canadian financial services firms. Kyndryl intends to partner with Broadridge Canada by providing managed services and capabilities to SIS.

Fiserv To Present At Upcoming Investor Conferences

Date 13/05/2024

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, announced its participation in the following investor conferences.

Finansinspektionen Notifies Foreign Supervisory Authorities After Complaints About Misleading Advice

Date 13/05/2024

FI has been receiving complaints from consumers in Sweden about four foreign investment firms. The foreign supervisory authorities who are responsible for the supervision of these companies have been notified about the complaints.

Communicating About Monetary Policy, Federal Reserve Vice Chair Philip N. Jefferson, At “Central Bank Communications: Theory And Practice,” A Conference Hosted By The Federal Reserve Bank Of Cleveland, Cleveland, Ohio

Date 13/05/2024

Introduction
Thank you, Ed, for the kind introduction and for the opportunity to speak.1

You and the organizers of this conference have put together an excellent program on a very important topic, central bank communication, which is key for effective transmission of monetary policy to the economy. To fulfill our dual mandate of promoting maximum employment and price stability, it is vital that we make good monetary policy decisions and that we communicate those decisions to the public effectively.

Crossover Markets Becomes First Crypto ECN To Integrate With Talos

Date 13/05/2024

Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, and Talos, the premier provider of institutional technology for trading digital assets, today announced that Crossover’s CROSSx institutional crypto trading venue has been integrated with the Talos trading platform, joining Talos’s existing provider network. CROSSx is the first ECN to integrate with Talos.

DTCC Comments On Industry’s Affirmation Progress, With T+1 Implementation Two Weeks Away

Date 13/05/2024

DTCC issued the following statement:

The U.S. transition to a T+1 settlement cycle is only two weeks away, and DTCC continues to actively work with the industry and regulators to ensure a seamless transition to a T+1 settlement cycle on May 28th, 2024, with a focus on increasing operational efficiencies, completing testing and ensuring readiness for the T+1 conversion weeke

British Investors Interested In Expanding Their Presence In Colombia

Date 13/05/2024

• The fifth edition of the Colombia Investment Roadshow, held by ProColombia in London, marked a milestone by being the first focused exclusively on sustainability.

EGX Signs A Protocol With Galala University

Date 13/05/2024

Ahmed El-Sheikh, Executive Chairman of The Egyptian Exchange (EGX), and Dr. Mohamed El-Shenawy, Chairman of Galala University, signed a protocol in line with EGX’s initiative to spread financial awareness and basics of investment in EGX. Both parties targets strengthen cooperation maximize contribution to development in Egypt.