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Nasdaq Announces Semi-Annual Changes To The OMX Iceland 10 Index

Date 22/06/2021

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Iceland 10 Index (Nasdaq Iceland: OMXI10) which will become effective at market open on Thursday, July 1, 2021.

ISDA And AFME Respond To EBA On JTD Amounts

Date 22/06/2021

On June 11, 2021, ISDA and the Association for Financial Markets in Europe (AFME) submitted a joint response to the European Banking Authority (EBA) on its consultation on draft regulatory technical standards on gross jump-to-default (JTD) amounts in the default risk charge (DRC) component of the Fundamental Review of the Trading Book standardized approach. The consultation paper specifies how gross JTD amounts are to be determined for exposures in the trading book under the alternative standardized approach for market risk in scope of the DRC for non-securitizations.

Moscow Exchange: Risk Parameters Change For The Security SPLK-RM

Date 22/06/2021

As per the Securities market risk parameters methodology, on 22.06.2021, 17-51 (MSK) the upper bound of the price band (up to 11064) and initial margins (up to 31.25 %) for the security SPLK-RM were changed. New values are available here

Federal Reserve Board Extends Comment Period On Proposed Changes To Regulation II Regarding Network Availability For Card-Not-Present Debit Card Transactions Until August 11, 2021

Date 22/06/2021

The Federal Reserve Board announced on Tuesday that it will extend until August 11, 2021, the comment period for its proposed changes to Regulation II (Debit Card Interchange Fees and Routing) that would clarify that debit card issuers should enable, and allow merchants to choose from, at least two unaffiliated networks for card-not-present debit card transactions, such as online purchases.

Moscow Exchange: Risk Parameters Change For The Security MSTR-RM

Date 22/06/2021

As per the Securities market risk parameters methodology, on 22.06.2021, 17-13 (MSK) the lower bound of the price band (up to 33534) and initial margins (up to 36.25 %) for the security MSTR-RM were changed. New values are available here

American Financial Exchange® Launches AMERIBOR® Term Structure Of Interest Rates Based On Overnight AMERIBOR Cash And Futures Prices

Date 22/06/2021

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announces today the launch of the AMERIBOR® term structure of interest rates based on the overnight unsecured AMERIBOR cash rate and the implied rates from AMERIBOR futures contracts currently listed on the Cboe Futures Exchange (CFE).

State Street Leverages Machine Learning To Streamline Private Markets Processing And Document Management Through Partnership With Canoe Intelligence - Firm Continues To Invest In Advanced Technology Solutions To Extend Its Capabilities And Deliver Solutions To Meet Client Needs

Date 22/06/2021

State Street Corporation today announced it will implement a cloud-based, machine learning technology to transform private markets processing and document management. Through State Street’s partnership with Canoe Intelligence (“Canoe”), allocators and managers in the private markets sector will have an integrated experience where traditionally onerous and manual alternative investment workflows will be automated and streamlined, reducing processing time and delivering important information to clients sooner.

Opening Statements Of Nominees To The U.S. Department Of The Treasury Before The Senate Committee On Banking, Housing, And Urban Affairs

Date 22/06/2021

On Tuesday, June 22, the Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing on the pending nominations of Brian E. Nelson to be Under Secretary of the Treasury for Terrorism and Financial Crimes and Elizabeth Rosenberg to be Assistant Secretary of the Treasury for Terrorist Financing. The opening statements of the nominees are below.  

Coinbase Verified Users Projected To Grow By 30% In 2021 To Hit Over 70 Million According To Finbold

Date 22/06/2021

Coinbase has continued to attract the attention of the crypto sector with moves like listing as a publicly traded company. Notably, the exchange's popularity is also reflecting in the future user base growth.

Bank Of England - Minutes Of The Productive Finance Working Group - April 2021: The Third Technical Expert Group (TEG) Meeting

Date 22/06/2021

Agenda

1. Competition law reminder by Simmons & Simmons LLP
2. Chair’s opening remarks
3. Presentations on and discussion of the draft Steering Committee (SC) paper
4. Next steps and closing remarks