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  • Jennifer Lester To Retire As IMF Director Of Corporate Services And Facilities

    Date 22/07/2022

    Jennifer Lester, Director of the International Monetary Fund’s (IMF’s) Corporate Services and Facilities Department, will retire on October 31 after a 25-year Fund career, Managing Director Kristalina Georgieva announced today.

  • EBA Analyses The Use Of Specific Exemptions Included In The Large Exposures Regime

    Date 22/07/2022

    The European Banking Authority (EBA) published today a Report on the use of some exemptions included in the large exposures regime. The Report analyses banks’ use of the various exemptions from different perspectives and quantifies the impact of a potential removal of individual exemptions. Overall, the Report shows that some of the assessed exemptions are widely used across the EU and their removal would have a material impact while other exemptions are widely used across the EU but their removal would not have material impact. In addition, some exemptions are relevant only for some countries or appear to be rarely used.

  • ESMA: Open Hearing On Consultation On The Review Of The MiFID II Product Governance Guidelines

    Date 22/07/2022

    The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, will hold an open hearing for its Consultation Paper on the review of the Guidelines on MiFID II product governance requirements. ESMA will consider the feedback provided through the open hearing into the final report and the final guidelines.

  • Georgia Tech Financial Services Innovation Lab And Fiserv Partner To Advance Insight Into Consumer Finances And Further Financial Inclusion

    Date 22/07/2022

    The Financial Services Innovation Lab (FSIL), which serves as an interface between the financial services industry and faculty and students at the Georgia Institute of Technology, and Fiserv (Nasdaq: FISV), a leading global provider of payments and financial services technology with a flagship presence in Georgia, are partnering on a new initiative to better understand consumer financial health. Through this new initiative, Georgia Tech researchers will leverage Fiserv data to generate insights into household financial behavior, which will be relevant to policy makers, consumers and small businesses.

  • Gerry Rice To Retire As IMF Director Of Communications

    Date 22/07/2022

    Gerry Rice will retire on December 1 as Director of the Communications Department of the International Monetary Fund (IMF), Managing Director Kristalina Georgieva announced today.