News Centre

Readout: Deputy Secretary Of The US Treasury Wally Adeyemo's Meetings With Counterparts In Brussels, Belgium

Date 10/07/2023

Today, Deputy Secretary of the Treasury Wally Adeyemo met with foreign counterparts from the European Commission and European Union and executives from companies in the clean energy industry in Brussels, Belgium. In meetings with Executive Vice President Valdis Dombrovskis, Commissioner Paolo Gentiloni, and Secretary-General Stefano Sannino, the Deputy Secretary discussed joint efforts to hold Russia accountable for their illegal war, including actions to limit Russia’s revenue, erode their military-industrial complex, and prevent sanctions evasion. Deputy Secretary Adeyemo also underscored the importance of continued economic support for Ukraine.

UK Chancellor’s Mansion House Reforms To Boost Typical Pension By Over £1,000 A Year

Date 10/07/2023

The Chancellor will launch his 'Mansion House Reforms' this evening (Monday 10 July) which could increase pensions by over a £1,000 a year in retirement for an average earner who saves over the course of a career.

EBA Appoints Helmut Ettl As Vice-Chairperson

Date 10/07/2023

The Board of Supervisors of the European Banking Authority (EBA) has elected Helmut Ettl as its Vice-Chairperson for a duration of two and a half years. Mr Ettl will take up his new role on 10 July and will replace Jo Swyngedouw, whose mandate came to an end.

Statement Of CFTC Commissioner Christy Goldsmith Romero: Being Nimble In Monitoring Emerging Market Risks - Opening Statement To The Market Risk Advisory Committee

Date 10/07/2023

Good morning.  I’m pleased to be here today to welcome the members of the Market Risk Advisory Committee (“MRAC”).  I want to thank Commissioner Johnson for her sponsorship of MRAC and the staff for their work in organizing this meeting.

Making Headway - Results Of The 2022 BIS Survey On Central Bank Digital Currencies And Crypto

Date 10/07/2023

Most central banks are exploring central bank digital currencies (CBDCs), and more than half of them are conducting concrete experiments or working on a pilot. This BIS paper summarises the findings of the latest survey of central banks on their views and plans regarding CBDCs. The responses from 86 central banks show that the proportion engaged in some form of CBDC work has risen to 93% and that the work on retail CBDC is more advanced than on wholesale CBDC. In addition, this paper shows that most central banks see potential value in having both a retail CBDC and a fast payment system, and that there could be 15 retail and nine wholesale CBDCs publicly circulating in 2030. The survey further shows that, to date, stablecoins and other cryptoassets are rarely used for payments outside the crypto ecosystem.

BME And BBF Fintech Consolidate Their Alliance To Promote Bilbao As A Center For Innovation And Entrepreneurship - III Fintech Meeting - Hack&Disrupt!

Date 10/07/2023

• The meeting coincides with Spain's rotating presidency of the Council of the EU
• 2,000 euros will be awarded in prizes for the resolution of challenges
• The event is supported by the City Council, the Provincial Council of Bizkaia, the BBK Foundation, Bilbao Plaza Financiera and the Basque Government

Opening Statement Of CFTC Commissioner Kristin N. Johnson Before The Market Risk Advisory Committee

Date 10/07/2023

Introduction

Good morning and welcome. Earlier this summer, I had the privilege of delivering a keynote address at the Salzburg Global Finance Forum.  

Holistic Capital Review, Federal Reserve Vice Chair For Supervision Michael S. Barr, At The Bipartisan Policy Center, Washington, D.C.

Date 10/07/2023

Thank you to the Bipartisan Policy Center for the opportunity to speak today. I'm here to report on my holistic review of capital for large banks and to outline steps that I believe are appropriate to update our capital standards so that banks can continue to serve our communities, households, and businesses.

UK Financial Conduct Authority: UK Chancellor's Mansion House Speech Statement

Date 10/07/2023

We welcome the Chancellor’s Mansion House speech and will work closely with the Treasury to support the proposals announced by the Chancellor.

NGX RegCO, ICAN Sign MoU To Enhance Market Regulation, Investor Protection

Date 10/07/2023

In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria (ICAN) on Monday, 10 July 2023.