News Centre

The Present Value: ISDA Highlights A Selection Of Research Papers On Derivatives And Risk Management

Date 09/05/2022

FX Option Volume

Bank of England Staff Working Paper
By Robert Czech, Pasquale Della Corte, Shiyang Huang, and Tianyu Wang

The study examines the relationship between the volume of foreign exchange (FX) options traded over-the-counter and future exchange returns. The analysis is based on transactions reported to the Depository Trust & Clearing Corporation derivatives repository.

US Acting Comptroller Of The Currency Discusses Bank Mergers

Date 09/05/2022

Acting Comptroller of the Currency Michael J. Hsu today discussed the need to update the framework used to analyze bank merger applications before the Brookings Institution. In his remarks, the Acting Comptroller discussed proposed mergers in the context of bank competition, financial stability, and facilitating the needs of communities.

ISDA Adds Flagship FX Definitions And Related Documents To MyLibrary Digital Documentation Platform

Date 09/05/2022

ISDA has announced that its flagship FX definitions and related annexes, supplements and templates have been added to the ISDA MyLibrary electronic documentation platform, creating significant efficiencies in how firms access and navigate these documents. The announcement comes ahead of the 36th ISDA Annual General Meeting (AGM) in Madrid on May 10-12, which will explore the steps being taken to automate and digitize derivatives markets.

SIFMA Statement On SEC Extending Comment Periods For Certain Proposals

Date 09/05/2022

SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the SEC’s announcement regarding the extension of comment periods for certain proposals:

Federal Reserve Senior Loan Officer Opinion Survey On Bank Lending Practices

Date 09/05/2022

The April 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices

The April 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the first quarter of 2022.

FSB Publishes Peer Review On Out-Of-Court Corporate Debt Workouts

Date 09/05/2022

The Financial Stability Board (FSB) published today a Thematic Review on Out-of-Court Corporate Debt Workouts. The objective of the peer review is to support COVID-19 response and recovery efforts by examining FSB member jurisdictions’ practices, experiences and lessons from out-of-court workouts as a less costly and more flexible alternative to full, formal insolvency proceedings.

Kroll Partners With Armis To Extend Preparedness And Response For OT And ICS Environments - New Partnership Steps Up Cyber Resilience For Critical Systems

Date 09/05/2022

Kroll, the leading provider of data, technology and insights related to risk, governance and growth, today announced its partnership with Armis, to expand Kroll’s cyber preparedness and response services for operational technology (OT) and industrial control systems (ICS) to secure clients far beyond the traditional endpoint.

SEC Extends Comment Period For Proposed Rules On Climate-Related Disclosures, Reopens Comment Periods For Proposed Rules Regarding Private Fund Advisers And Regulation ATS

Date 09/05/2022

The Securities and Exchange Commission today announced that it has extended the public comment period on the proposed rulemaking to enhance and standardize climate-related disclosures for investors until June 17, 2022. The SEC also announced that it will reopen the comment periods on the proposed rulemaking to enhance private fund investor protection and on the proposed rulemaking to include significant Treasury markets platforms within Regulation ATS for 30 days.

UK Financial Conduct Authority CEO Confirms CISI Has Incredibly Important Role, Often Below The Radar, In Helping To Boost Development Of Financial Services Education, Both In UK And Emerging Markets

Date 09/05/2022

The CISI plays an incredibly important role, often below the radar, in helping to boost the development of financial services education and skills, both in the UK and emerging markets, says Nikhil Rathi, CEO of the FCA.

The Route Back To 2% Inflation − Speech By Michael Saunders, Bank Of England, Member Of The Monetary Policy Committee, Given At The Resolution Foundation

Date 09/05/2022

Michael Saunders talks about the outlook for the UK economy and inflation. He then sets out his views on interest rates.