News Centre

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.

London Stock Exchange Group plc, LSEGA Financing plc, LSEG Netherlands B.V. And LSEG US Fin Corp.: Publication Of Offering Circular

Date 27/03/2024

The following offering circular has been approved by the Financial Conduct Authority and is available for viewing:

Offering circular relating to the London Stock Exchange Group plc, LSEGA Financing plc, LSEG Netherlands B.V. and LSEG US Fin Corp. £4,000,0000,000 Euro Medium Term Note Programme dated 27 March 2024.

Opening Remarks Of CFTC Commissioner Kristin N. Johnson: The South African Reserve Bank Fintech Summit

Date 27/03/2024

1. Introduction

Good morning. It is my pleasure to join you today for the South African Reserve Bank’s Fintech Summit. I would like to thank everyone who worked tirelessly to organize the event. I am particularly thankful for the efforts of Lyle Horsley, Divisional Head- FinTech of the South African Reserve Bank. The remarks that I will share reflect my opinion and not the views of the Commission.