News Centre

New Zealand Financial Markets Authority Publishes 2022 Annual Report

Date 24/01/2023

The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) has today published its annual report for the year to 30 June 2022. 

Outdated: Remarks Before The Digital Assets At Duke Conference, SEC Commissioner Hester M. Peirce, Washington D.C., Jan. 20, 2023

Date 23/01/2023

Thank you, Jimmie [Lenz] and Lee [Reiners] for putting together this conference and for inviting me to be part of it. I must begin with my standard disclaimer: the views I represent are my own and do not necessarily represent the views of the Securities and Exchange Commission (“SEC”) or my fellow Commissioners.

New York Department of Financial Services Superintendent Adrienne A. Harris Releases Consumer Protection Guidance In The Event Of Virtual Currency Insolvency Guidance Reiterates Department’s Expectation For Sound Custody And Disclosure Practices For Licensed Entities

Date 23/01/2023

Today New York Department of Financial Services (“DFS”) Superintendent Adrienne A. Harris released Regulatory Guidance to better protect customers in the event of an insolvency or similar proceeding. The Regulatory Guidance reiterates expectations for sound custody and disclosure practices and the paramount importance of the equitable and beneficial interest in the asset always remaining with the customer.    

US Office Of The Comptroller Of The Currency Solicits Research On Emerging Risks In The Banking System

Date 23/01/2023

The Office of the Comptroller of the Currency (OCC) is soliciting academic research papers on emerging risks in the banking system or related policy and supervisory issues for submission by March 3, 2023.

ISDA - Transition To RFRs Review: Full Year 2022 And The Fourth Quarter Of 2022

Date 23/01/2023

The Transition to Risk-free Rates (RFRs) Review analyzes the trading volumes of over-the-counter (OTC) and exchange-traded interest rate derivatives (IRD) that reference selected alternative RFRs, including the Secured Overnight Financing Rate (SOFR), the Sterling Overnight Index Average, the Swiss Average Rate Overnight, the Tokyo Overnight Average Rate, the Euro Short-Term Rate and the Australian Overnight Index Average.

Remarks Of CFTC Chairman Rostin Behnam At The Commodity Markets Council 2023 State Of The Industry Conference, Fort Lauderdale, Florida

Date 23/01/2023

Introduction

Good afternoon and thanks to the Commodity Markets Council for hosting me and my fellow Commissioners.  Our full attendance highlights the importance of CMC’s focus on ensuring the optimal functioning of derivatives markets for the benefit of end-users.  Your ability to manage risk safely, predictably, and without undue burdens directly impacts the prices American consumers pay for everything from food, to energy, to airline tickets and automobiles.

Fee Rate Advisory #2 For Fiscal Year 2023

Date 23/01/2023

The Securities and Exchange Commission today announced that, starting on February 27, 2023, the fee rates applicable to most securities transactions will be set at $8.00 per million dollars. 

Matthias Zieschang And Tobias Vogel Elected As Chairmen Of The Exchange Councils Of The Frankfurt Stock Exchange And Eurex Deutschland

Date 23/01/2023

At their constituent meeting today, the Exchange Councils of the Frankfurt Stock Exchange (FWB) and Eurex Deutschland elected their Chairman and Deputy Chairman. Both Councils had been elected in rotation at the beginning of December 2022.

Remarks By US Secretary Of The Treasury Janet L. Yellen At Bilateral Meeting With The President Of Zambia Hakainde Hichilema

Date 23/01/2023

President Hichilema thank you for welcoming me to Lusaka today.

BIS: Signaling With Debt Currency Choice

Date 23/01/2023

Summary

Focus 

Many emerging market firms finance themselves with foreign currency debt. Yet foreign currencies, especially safe haven ones, appreciate against the local currency during downturns. This has been a recurring theme in emerging market crises. Corporate leverage and foreign currency borrowing, especially in US dollars, have increased in recent years, making the reasons for borrowing in foreign currency and associated risks important to understand.