News Centre

Federal Reserve Announces Members Of Its Community Depository Institutions Advisory Council For 2021

Date 17/12/2020

The Federal Reserve Board on Thursday, December 17 announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president of the council for 2021.

New York Attorney General Letitia James Sues To End Google’s Illegal Monopolies - AG James Helps Lead Bipartisan Coalition Of 38 AGs Alleging Google Illegally Maintained Monopolies, Created Insurmountable Barriers To Entry For Competitors

Date 17/12/2020

New York Attorney General Letitia James today continued her work fighting for New York’s consumers and small businesses by co-leading a bipartisan coalition of 38 attorneys general in suing Google LLC for its illegal, anticompetitive conduct that has sought to maintain its monopoly power in the general search services and search advertising markets. Through a series of exclusionary contracts and other anticompetitive conduct, Google has deprived consumers of competition that could lead to greater choice and innovation, as well as better privacy protections. Attorney General James and the coalition also accuse Google of exploiting its market position to accumulate and leverage data to the detriment of consumers, all in an effort to control the market and make billions in profits.

Statement By European Commission President von der Leyen After Her Phone Call With UK Prime Minister Johnson

Date 17/12/2020

This evening I took stock with UK Prime Minister Boris Johnson of the on-going negotiations for a comprehensive Partnership Agreement between the European Union and the United Kingdom.

EU-UK Relations: European Parliament Approves Temporary Rules To Keep Eurotunnel Working

Date 17/12/2020

MEPs adopted temporary measures to keep the tunnel railway connection between continental Europe and the UK running after the end of the transition period.

Autorité Des Marchés Financiers Adjusts Its Annual And Other Fees

Date 17/12/2020

As of January 1, 2021, the annual and other fees payable under the laws administered by the Autorité des marchés financiers (the “AMF”) will be adjusted.

Brexit: Withdrawal Agreement To Be Fully Operational On 1 January 2021

Date 17/12/2020

The EU-UK Joint Committee met virtually today to endorse all formal decisions and other practical solutions related to the implementation of the Withdrawal Agreement, as of 1 January 2021. It follows an agreement in principle reached by the Joint Committee co-chairs – European Commission Vice-President Maroš Šefčovič and the UK Chancellor of the Duchy of Lancaster, Michael Gove – on Tuesday, 8 December 2020.

Cboe Options Exchange To List Mini-Russell 2000 Index Options In First Quarter 2021

Date 17/12/2020

• Cboe to expand its suite of smaller-sized, tradeable index products designed to appeal to individual investors
• New Mini-Russell options designed to provide greater precision, flexibility and cost-efficiency when managing U.S. small-cap equity exposure
• Product launch builds upon Cboe's longstanding, successful relationship with FTSE Russell

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 17/12/2020

The following coefficients for Moscow Exchange indices come into force from December 18, 2020:

Modernizing And Strengthening CRA Regulations: A Conversation With The Consumer Bankers Association, Federal Reserve Governor Lael Brainard, At The Consumer Bankers Association Community Reinvestment Act Committee Meeting

Date 17/12/2020

Good afternoon and thank you for inviting me to take part in the Consumer Bankers Association's (CBA's) Community Reinvestment Act (CRA) Committee meeting. The CRA officers and teams at your institutions play an important role in identifying community priorities and building partnerships with stakeholders to implement effective CRA programs. We appreciate the opportunity to hear feedback from CBA members and this committee reflecting your extensive experience making loans and investments to support local communities.

CryptoCompare December Review - Surging Institutional Demand For BTC

Date 17/12/2020

Bitcoin continues to attract investors' attention as crypto volumes skyrocket to record highs. CryptoCompare's latest Exchange Review reported an incredible surge in trading activity: derivatives volume doubled to an all-time high of $1.32tn and spot volume increased by 60% to a monthly total of $906bn.