News Centre

Community Banks Rise To The Challenge, Federal Reserve Governor Michelle W. Bowman, At "Community Banking In The 21st Century," Research Conference, The Federal Reserve Bank Of St. Louis, St. Louis, Missouri (Via Webcast)

Date 30/09/2020

Thank you, it is a pleasure to join you virtually today and share a few thoughts on what I am hearing from community banks in the wake of the pandemic, and what the Federal Reserve is doing to assist in the recovery.

NSE Indices Index Dashboard For The Month Ended September 2020

Date 30/09/2020

Click here to download the ' Index Dashboard' for the month ended September 2020. 

Moscow Exchange: Final Settlement Price Determined For RUSFAR Futures Contract

Date 30/09/2020

On 30 September 2020, the final settlement price for the RUSFAR futures contract (1MFR-9.20) was set at 95.76000.

UK Financial Conduct Authority: Further Update On Business Interruption Insurance Test Case Appeals Process

Date 30/09/2020

Our objective throughout this case has been to achieve clarity for everyone involved as quickly as possible and that remains the case. We initiated the test case with eight insurers whose policies are representative of the broader group of insurers impacted by the test case. We had hoped to reach an agreement with the insurers by today on the interpretation of some important elements of the judgment affecting which small businesses get paid and how much. This would have allowed for faster pay-out for policyholders with eligible claims.

Moscow Exchange: Final Settlement Price Determined For RUSFARUSD Futures Contract

Date 30/09/2020

On 30 September 2020, the final settlement price for the RUSFARUSD futures contract (1MDR-9.20) was set at 99.69000.

SEC Awards Almost $30 Million To Two Insider Whistleblowers

Date 30/09/2020

The Securities and Exchange Commission today announced an award of almost $30 million to two insider whistleblowers whose tips led SEC staff to open an investigation.  The first whistleblower, who was the first to alert SEC staff of potential wrongdoing and provided substantial, ongoing assistance, received an award of approximately $22 million. The second whistleblower provided additional valuable information, and received an award of approximately $7 million.

EBA Publishes Work Programme For 2021

Date 30/09/2020

The European Banking Authority (EBA) published today its annual work programme for 2021, describing the activities and tasks of the Authority for the coming year and highlighting its key strategic areas of work.

CFTC Commissioner Rostin Behnam To Testify Before The House Select Committee On The Climate Crisis

Date 30/09/2020

Nigerian Stock Exchange Council President Pays Courtesy Visit To Golden Guinea Breweries Plc, Abia And Imo State Governments

Date 30/09/2020

The President of the National Council of The Nigerian Stock Exchange (NSE or The Exchange), Otunba Abimbola Ogunbanjo, along with the Divisional Head, NSE, Listing Business, Olumide Bolumole, embarked on a factory tour of Golden Guinea Breweries Plc (GGB) on Monday, 28 September 2020. The visit which is part of the NSE’s relationship building and retention initiatives also featured a courtesy visit to the Governor of Abia State, His Excellency, Dr. Okezie Victor Ikpeazu, on the same day, and the Governor of Imo State, His Excellency, Senator Hope Uzodinma on Tuesday, 29 September 2020.

BIS: Foreign Exchange Intervention And Financial Stability

Date 30/09/2020

Summary

Focus

Managed floats remain the norm in middle-income countries - even among those that have adopted inflation targeting as their monetary policy framework. Moreover, the decision to intervene appears to be increasingly driven by the goal of limiting exchange rate volatility, rather than concerns about competitiveness, the degree of exchange rate pass-through or the need to build foreign reserves for precautionary reasons. At the same time, intervention has often been highly sterilised, with the goal of avoiding broader macroeconomic effects. However, even when sterilised, intervention can have an impact on macroeconomic fluctuations and systemic financial risks. Research on these issues has been limited, despite greater recognition in recent years of the interactions between macroeconomic and financial stability.