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Bank Of England - Operational Resilience – Outcomes In Practice - Speech By Lyndon Nelson, Deputy CEO & Executive Director, Regulatory Operations And Supervisory Risk Specialists: Given At UK Finance Operational Resilience Webinar

Date 05/05/2021

Lyndon Nelson talks about how supervision of the financial sector in the UK has changed over the last 25 years.

Then he turns to recent policy on operational resilience. He says we have addressed some of the issues that firms raised in our consultation. 

The Economic Outlook And Implications For Monetary Policy, Federal Reserve Governor Michelle W. Bowman, At The Colorado Forum, Denver, Colorado (Via Webcast)

Date 05/05/2021

Thank you for this opportunity to address the members of the Colorado Forum, which has been an arena for thoughtful discussion and debate for more than 40 years. Today I would like to discuss a subject that I expect is of great interest to Coloradans and others: the outlook for the U.S. economy in 2021. I believe that the economy has gained momentum in the past several months and is well positioned to grow strongly in 2021. Nevertheless, we have further to go to recover from the economic damage inflicted by the COVID-19 pandemic, and risks remain.

Seco S.p.A. Lists On Borsa Italiana’s STAR Segment

Date 05/05/2021

• First listing of 2021 on Borsa Italiana’s STAR segment

• Seco brings to 78 the total number of companies listed on Borsa Italiana’s STAR segment

• The company raised €140 million 

ESMA Updates Its Q&As Relating To The Prospectus Regulation

Date 05/05/2021

The European Securities and Markets Authority (ESMA), the EU’s securities and markets regulator, has today updated its Questions and Answers (Q&As) on the Prospectus Regulation (PR) with three new Q&As.

First Cross-Border Settlement Repo Transaction In The Fixed Income Segment With Monte Titoli

Date 05/05/2021

Following the recent incorporation of new international counterparties, on April 26, BME Clearing registered the first Repo transaction in Spanish debt requiring cross-border settlement with the Italian CSD Monte Titoli. The transaction was executed between a national and an international counterparty, via the Brokertec platform, which settled successfully.

Broadridge Fund Communication Solutions Prepares For Further European Expansion With Latest Recruit

Date 05/05/2021

Broadridge Financial Solutions has appointed Anke Kneifel to the role of Channel Partner Manager, focusing on the EMEA region for the Fund Communication Solutions (FCS) business. Anke, based in Luxembourg, brings with her a wealth of experience having joined Broadridge from Kneip, where she worked for 16 years, most recently supporting large UK and Ireland-based asset managers with their data and regulatory reporting challenges. Anke will play a key role in expanding the Broadridge European data and document distribution service, leveraging her extensive knowledge of the European data vendor and regulatory landscape alongside a deep understanding of the challenges that asset managers face and the skillset to help address these challenges. Anke will report into Paul Poletti-Gadd, Chief Solutions Officer, Broadridge Fund Communication Solutions.

FSB Americas Group Discusses Global And Regional Vulnerabilities And COVID-19 Support Measures

Date 05/05/2021

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas held a virtual meeting today to discuss global and regional macroeconomic and financial market vulnerabilities and their potential impact on the region. Members discussed possible financial stability implications from the COVID-19 pandemic, including the impact of a more asynchronous recovery across regions and capital flows on emerging market and developing economies (EMDEs). 

Intercontinental Exchange Reports April 2021 Statistics

Date 05/05/2021

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today reported April 2021 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Hazeltree Responds To Client Demand For Determining UMR Compliance With Hazeltree AANA Estimator™

Date 05/05/2021

Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, announced today the launch of Hazeltree AANA Estimator™, in response to client demand. By September 2022 an estimated 1,000 buy-side firms may meet the threshold for regulatory UMR (Uncleared Margin Rule) Phases 5 or 6 compliance. AANA (Average Aggregate Notional Amount) is the metric which determines whether a firm falls within the scope of the mandate. Hazeltree’s AANA Estimator can utilize a firm’s internal data, or data from their counterparties, to perform this critical calculation.  Hazeltree AANA Estimator is available immediately as a dynamic widget within Hazeltree’s collateral management solution.

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

Date 05/05/2021

As per the Securities market risk parameters methodology, on 05.05.2021, 15-15 (MSK) the upper bound of the price band (up to 7356) and initial margins (up to 18.75 %) for the security ATVI-RM were changed. New values are available here