News Centre

READOUT: US Secretary Of The Treasury Janet L. Yellen’s Meeting With French Finance Minister Bruno Le Maire And German Vice Chancellor And Minister For Economic Affairs And Climate Action Robert Habeck

Date 07/02/2023

Today, U.S. Secretary of the Treasury Janet L. Yellen met with French Finance Minister Bruno Le Maire and German Vice Chancellor and Minister for Economic Affairs and Climate Action Robert Habeck. Secretary Yellen discussed the United States’ implementation of the Inflation Reduction Act and EU’s Green Deal Industrial Plan, stressing the need to stimulate innovation and technology development and deployment on both sides of the Atlantic to speed the transition to green energy and meet our collective climate goals.

Remarks To The Small Business Capital Formation Advisory Committee, SEC Commissioner Mark T. Uyeda, Washington D.C., Feb. 7, 2023

Date 07/02/2023

Thank you, Carla [Garrett]. Good morning and welcome. I would like to start by thanking the committee members whose term will be ending. Your commitment to spend time outside of your “day jobs” and your input on the challenges faced by small businesses, emerging companies, and smaller public companies have been greatly appreciated. Your discussion and advice on today’s panels will also be important. On that point, I wanted to share some of my preliminary thoughts on each panel.

Nodal Exchange Achieves January Trading Records In Power And Environmental Markets

Date 07/02/2023

Nodal Exchange today announced it achieved a calendar month trading record for January 2023 with 270.8 million MWh of traded power futures volume in the month, up 22% from the prior year. Nodal continues to be the market leader in North American power futures having the majority of the open interest with 1.13 billion MWh at the end of January.

CFTC Commissioner Pham Announces Additional Staff Appointment

Date 07/02/2023

CFTC Commissioner Caroline D. Pham today announced Brigitte Weyls will serve as Interim Senior Counsel.

Saudi Arabia To Launch 2nd Edition Of Financial Sector Conference (FSC) March 15-16, 2023 In Riyadh

Date 07/02/2023

The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh. It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well as international investors, entrepreneurs, and prominent academics.

Remarks At The Small Business Advisory Committee Meeting, SEC Commissioner Jaime Lizárraga, Washington D.C., Feb. 7, 2023

Date 07/02/2023

Good morning, and thank you to Carla and the rest of the Committee for your time and input today.

SEC Seeks Applicants For Public Company Accounting Oversight Board Seat

Date 07/02/2023

The Securities and Exchange Commission today announced the start of the selection process to fill a seat on the Public Company Accounting Oversight Board (PCAOB) that will become vacant in October. The PCAOB appointment is for a five-year term from October 2023-October 2028. Under the current composition of the PCAOB Board, the candidate selected must be or have been a Certified Public Accountant (CPA).

BIS: Why Are Central Banks Reporting Losses? Does It Matter?

Date 07/02/2023

Key takeaways

• Rising interest rates are reducing profits or even leading to losses at some central banks, especially those that purchased domestic currency assets for macroeconomic and financial stability objectives.
• Losses and negative equity do not directly affect the ability of central banks to operate effectively.
• In normal times and in crises, central banks should be judged on whether they fulfil their mandates.
• Central banks can underscore their continued ability to achieve policy objectives by clearly explaining the reasons for losses and highlighting the overall benefits of their policy measures.

ISDA - Regulatory Framework For Sustainability-Linked Derivatives: Singapore Analysis

Date 07/02/2023

Singapore is taking a number of steps to achieve its ambition of net-zero carbon emissions by approximately 2050, including the progressive raising of carbon taxes from 2024 and the launch of the Singapore Green Plan 2030, which sets sustainability targets to be achieved over the next 10 years.

Comment From CryptoUK On CBDC Joint Announcement From Bank Of England And HM Treasury

Date 07/02/2023

The Bank of England and HM Treasury said today that a central bank digital currency (CBDC) was likely to be needed later this decade as they launched a new consultation for the design of such a system.