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BIS: Financial Stability Institute Publishes Report On Latin American Cross-Border Crisis Simulation Exercise

Date 13/10/2021

Financial authorities in six South American jurisdictions participated in March 2021 in a cross-border crisis simulation exercise (CSE) to test their financial crisis managements arrangements. The Financial Stability Institute (FSI) of the Bank for International Settlement (BIS) today published a report on the findings of that exercise.

Investor Protection In The Age Of Gamification: Game Over For Regulation Best Interest? Rick Fleming Investor Advocate, Washington D.C., Oct. 13, 2021, Remarks At SEC Speaks

Date 13/10/2021

Welcome back to Day 2 of SEC Speaks. It is good to be with you all, and I look forward to seeing everyone again in person soon.

FSB Publishes Targets For Enhancing Cross-Border Payments And Progress Under Its Roadmap

Date 13/10/2021

The Financial Stability Board (FSB) today published a progress report on the first year of the G20 Roadmap for Enhancing Cross-Border Payments, bringing together in one place the work under the wide-ranging, but interconnected, set of initiatives.

Moscow Exchange: Risk Parameters Change For The Securities

Date 13/10/2021

The following risk parameters will be changed

FSB: G20 Roadmap For Enhancing Cross-Border Payments - First Consolidated Progress Report

Date 13/10/2021

• The G20 has made enhancing cross-border payments a priority.

Remarks At SEC Speaks 2021 - Gurbir Grewal, Director, Division Of Enforcement

Date 13/10/2021

Thank you for that introduction and good morning everyone. It’s an honor and privilege to speak with both my SEC colleagues and so many from the securities industry and defense bar about a topic that affects all of us: trust. More specifically, the decline in trust in our financial markets and what we can do to restore it. But before I begin, as you heard me say yesterday, I’ll remind you that these views are my own.

Moscow Exchange: Risk Parameters Change For The Security LSNG

Date 13/10/2021

As per the Securities market risk parameters methodology, on 13.10.2021, 16-13 (MSK) the upper bound of the price band (up to 9.02) and initial margins (up to 62.5 %) for the security LSNG were changed. New values are available here.

Readout: UAE Secretary Of The Treasury Janet L. Yellen’s Meeting With Mexican Finance Secretary Rogelio Ramírez de la O

Date 13/10/2021

Yesterday, Secretary of the Treasury Janet L. Yellen met with Mexican Finance Secretary Rogelio Ramírez de la O. Secretary Yellen reinforced Treasury’s commitment to strengthen cooperation on illicit finance and to deepen U.S.-Mexico trade and economic ties. She welcomed Mexico’s efforts to increase social spending measures to help those struggling with the impact of the pandemic, and encouraged economic policy commitments that will combat climate change while accomplishing strong growth.

Mark Branson And BMF State Secretary Dr Jörg Kukies Give A Progress Report In Frankfurt Am Main On The Joint Modernisation Project Of The BMF And BaFin

Date 13/10/2021

• Much has been achieved in the past six months: powerful new units and processes have been created. BaFin will further advance efforts to modernise financial supervision in Germany after the end of the project.

Central Bank Of The UAE Joins Forces With DIFC To Promote Growth Of UAE FinTech Sector

Date 13/10/2021

• Agreement to collaborate on advancing digital transformation of the UAE financial sector including a ‘sandbox’ programme under DIFC’s existing frameworks.
• Initiatives and activities geared towards fortifying UAE FinTech sector and talent.
• Acknowledges DIFC’s position as the leading FinTech hub in the region for accelerating change within the finance industry.