News Centre

EBA Publishes Its Peer Review On The Application Of Proportionality Under The Supervisory Review And Evaluation Process

Date 16/01/2025

​The European Banking Authority (EBA) today published its Peer Review on the application of proportionality under the Supervisory Review and Evaluation Process (SREP). The Peer Review found that proportionality in the SREP, and in the liquidity assessment under the SREP, is largely implemented by the competent authorities under review, though with some adaptations to the local context and the risk profile of the institutions under their supervisory remit. However, the EBA set out a series of follow-up measures to address the deficiencies identified. In particular, the EBA encourages all competent authorities to ensure that they make use of the proportionality mechanisms embedded in the SREP Guidelines. The EBA will also consider the outcome of this Peer Review in the context of the upcoming review of the SREP Guidelines.

UK Financial Conduct Authority Expands Leeds Office, Creating New Jobs And Affirming Its Commitment To Growth In The Region

Date 16/01/2025

The Financial Conduct Authority (FCA) has today opened further floor space at its existing base at 6 Queen Street, increasing it by an additional 5,000 square feet.

CFTC Commissioner Goldsmith Romero To Provide Remarks At Global Blockchain Business Council’s 8th Annual Blockchain Central 2025

Date 16/01/2025

The EBA And ESMA Analyse Recent Developments In Crypto-Assets

Date 16/01/2025

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) today published a Joint Report on recent developments in crypto-assets, analysing decentralised finance (DeFi) and crypto lending, borrowing and staking. This publication is the EBA and ESMA’s contribution to the European Commission’s report to the European Parliament and Council under Article 142 of the Markets in Crypto-Assets Regulation (MiCAR).

ETFGI Reports The Global ETFs Industry Gathered A Record 1.88 Trillion US Dollars During 2024

Date 16/01/2025

ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reported today the global ETFs industry gathered a record US$1.88 trillion during 2024.  During December the global ETFs industry gathered US$207.73 billion in net inflows, bringing 2024 net inflows to US$1.88 trillion, according to ETFGI's December 2024 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

Russell US Indexes To Move To A Semi-Annual Reconstitution Frequency From 2026

Date 16/01/2025

• Reconstitution of Russell US Indexes will be held semi-annually in June and November from 2026
• Decision based on data analysis and market consultation undertaken in response to the recent evolution of market dynamics and increased volatility
• Moving Russell US Indexes to a semi-annual reconstitution frequency supports index goals of maintaining accurate representation of the US equity market and ensuring practical usability of the indexes 

The EBA Consults On Guidelines On ESG Scenario Analysis

Date 16/01/2025

The European Banking Authority (EBA) today launched a public consultation on its draft Guidelines on Environmental, Social and Governance (ESG) scenario analysis. The draft Guidelines set out expectations for institutions when adopting forward-looking approaches and incorporating the use of scenario analysis as part of their management framework to test institutions’ financial and business model resilience to the negative impacts of ESG factors. They complement the EBA Guidelines on the management of ESG risks, published on 9 January this year. The consultation runs until 16 April 2025.

Pacer ETFs Launches The Pacer US Cash Cows Bond ETF, Tracking The Solactive Pacer US Cash Cows Bond Index

Date 16/01/2025

Solactive is pleased to announce its collaboration with Pacer ETFs on the launch of the Solactive Pacer US Cash Cows Bond Index, serving as the underlying index for the US Cash Cows Bond ETF. This innovative product employs a differentiated approach, focusing on large-cap companies with high free cash flow yield and high free cash flow margin. By allowing bond selection across the credit spectrum, the index emphasizes the resilience of companies with robust free cash flow to sustain their interest obligations.

U.S. Department Of The Treasury Releases Guidance On Domestic Content Bonus For Clean Energy Credits - Bonus Will Help Boost American Manufacturing Of Solar Wafers And Other Components Critical For U.S. Energy Security

Date 16/01/2025

Today, the U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) are releasing additional guidance on the Inflation Reduction Act’s domestic content bonus for Clean Electricity Production and Investment Tax Credits.

FSB Develops Analytical Framework And Toolkit To Assess Climate-Related Vulnerabilities

Date 16/01/2025

• Analytical framework will help the FSB and its members assess the build-up of climate-related vulnerabilities in the global financial system.
• A new toolkit of forward-looking metrics based on this framework will help identify the drivers of climate risks and related exposures in the financial system and real economy, and to quantify their financial impact.
• The framework and toolkit will be refined as understanding of climate-related vulnerabilities evolves and as methodological and data issues are resolved.