News Centre

Finansinspektionen: US Central Bank Joins NGFS

Date 15/12/2020

FI welcomes the Federal Reserve to the Network for Greening the Financial System (NGFS), which celebrates its third anniversary today.

BIS: Financial Market Development, Monetary Policy And Financial Stability In Emerging Market Economies - The Papers In This Volume Were Prepared For A Meeting Of Senior Officials From Central Banks Held At The Bank For International Settlements

Date 15/12/2020

Financial markets are an important component in the transmission of monetary policy and play a key role in fostering financial stability. Financial market development (FMD) aims at enhancing the capacity of the financial system to pool domestic savings and foreign capital in funding investment and consumption, and at enabling efficient risk-sharing. Deep and liquid markets promote transparent and efficient pricing of assets, attract a diverse investor base, and help transfer risk to parties willing and able to bear them. This volume contains papers that were originally prepared for a meeting of Deputy Governors of central banks from emerging market economies (EMEs), exploring issues related to FMD and its interaction with, as well as implications for, the conduct of monetary policy and financial stability.

CME Group Announces 2021 Annual Meeting Date

Date 15/12/2020

CME Group Inc. (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, today announced it will conduct its 2021 annual meeting of shareholders at 10:00 a.m. Central Time on Wednesday, May 5, 2021.  Additional information will be provided in the company's proxy statement.

BIS - Recessions And Mortality: A Global Perspective

Date 15/12/2020

Summary

Focus

The Covid-19 pandemic has led to the most severe contraction in global economic activity in post-WWII history. Strikingly, countries with a steeper predicted GDP decline in 2020 also have seen a higher number of deaths in excess of Covid-19-related fatalities, especially among emerging market economies (EMEs). As a possible explanation for the pattern, this paper investigates the link between recessions and mortality using historical data covering 180 countries over six decades.

Brett W. Redfearn To Conclude Transformative Tenure As SEC Trading And Markets Director

Date 15/12/2020

The Securities and Exchange Commission today announced that Brett Redfearn, Director of the SEC’s Division of Trading and Markets, will conclude his tenure as Director by the end of the year after leading the Division for over three years.   

CME Group Adds New Hemp Pricing Data To CME DataMine

Date 15/12/2020

CME Group, the world's leading and most diverse derivatives marketplace, today announced that customers can now access hemp pricing data in DataMine, its self-service online data platform. This new alternative dataset from Hemp Benchmarks®, a division of New Leaf Data Services, LLC, allows CME Group market data customers to access benchmark wholesale hemp pricing data alongside nearly a petabyte of historical data for futures and options across every investible asset class.

Moscow Exchange: Revised Maximum Quantity Of Securities Eligible As Collateral On Derivatives Market

Date 15/12/2020

CCP NCC changes maximum quantity of securities eligible as collateral on Derivatives Market starting from 7:00 p.m. on December 21, 2020:

EBA Observes Improved Cooperation Between Authorities Through Newly Established AML/CFT Colleges

Date 15/12/2020

• EBA observes that competent authorities are putting significant effort into setting up new AML/CFT colleges based on recent Guidelines. 
• The EBA finds that active participation from competent authorities is needed for the colleges framework to work effectively. 
• The EBA is monitoring work in AML/CFT colleges and providing technical support to the competent authorities in setting up the colleges.

Futures Now Trading On The SPIKES Volatility

Date 15/12/2020

Miami International Securities  Exchange, LLC (MIAX®) and the Minneapolis Grain Exchange (MGEX) today announce that a successful first day of futures trading on the SPIKES® Volatility Index (SPIKES) took place yesterday on December 14.

EBA Updates Its Basel III Impact Study Following The EU Commission’s Call For Advice

Date 15/12/2020

The European Banking Authority (EBA) published today its updated ad-hoc impact study on the implementation of Basel III in the EU in response to the EU Commission’s call for advice (CfA). The study is based on a sample of 99 banks and has a reference date of December 2019. Under the full implementation of Basel III and conservative assumptions, the updated impact is meaningfully lower than previously estimated, using June 2018 data and a consistent sample.  In addition, the Report presents some qualitative reflections on the potential interactions between different elements of Basel III framework and the estimated adverse impact of the COVID-19 crisis. The EBA reaffirms its policy recommendations put forward in its previous advice and supports the full implementation of the final Basel III standards in the EU, which will contribute to the credibility of the EU banking sector and ensure a well-functioning global banking market.