News Centre

Moscow Exchange: Risk Parameters Change On Securities Market

Date 15/10/2020

CCP NCC sets the following risk parameters on Securities market starting from October 19, 2020:

European Council Conclusions On EU-UK Relations, 15 October 2020

Date 15/10/2020

II. EU-UK relations

3. The European Council recalls that the transition period will end on 31 December 2020 and notes with concern that progress on the key issues of interest to the Union is still not sufficient for an agreement to be reached.

Statement Of CFTC Commissioner Dawn D. Stump Regarding Amending Rule 3.10(c): Exemption From Registration For Non-US CPOs Of Offshore Commodity Pools

Date 15/10/2020

Overview

I am pleased to support the final rulemaking to amend Rule 3.10(c) in order to clarify, among other things, that a non-U.S. person does not have to register as a commodity pool operator (CPO) with respect to its operation of offshore commodity pools for non-U.S. participants that trade in U.S. derivatives markets, even if that CPO also operates other commodity pools with U.S. participants for which it is registered (or claims an exclusion or exemption from registration).

Moscow Exchange Announces The Launch Of Personal Finance Platform Finuslugi

Date 15/10/2020

On 15 October 2020, Moscow Exchange rolled out the personal finance platform Finuslugi. Russian residents can now select loan offerings from across the country and open deposits online with any bank, all without visiting a branch. This means that someone living in one area of the country can open a deposit in any other region. At the same time, banks can now attract new customers from all over Russia, without building new brick-and-mortar branches.

BIS - Banking Across Borders: Are Chinese Banks Different?

Date 15/10/2020

Summary

Focus

This paper studies the global footprint of Chinese banks, and compares it with that of other major bank nationalities. Chinese banks account for 24% of all cross-border lending to borrowers in emerging market and developing economies (EMDEs), more than double that of Japanese banks, the closest competitor. Further, almost half of all EMDE borrowers rely on Chinese banks as their most important lender.

MIAX Exchange Group - Options & Equities Markets - Reminder Of Reg SCI / SIFMA BCP Testing On Saturday, October 24, 2020

Date 15/10/2020

As previously announced in the April 20, 2020 and September 16, 2020 Alerts, the MIAX Exchange Group will be participating in the 2020 SIFMA BCP Testing on Saturday, October 24, 2020.  

SEC Awards $800,000 To Whistleblowe

Date 15/10/2020

The Securities and Exchange Commission today announced an award of more than $800,000 to a whistleblower whose information caused the staff to open an investigation that led to two successful SEC enforcement actions.     

What Happened? What Have We Learned From It? Lessons From COVID-19 Stress On The Financial System, Federal Reserve Vice Chair For Supervision Randal K. Quarles, At The Institute Of International Finance, Washington, D.C. (Via Webcast)

Date 15/10/2020

Thank you to the Institute of International Finance, for the opportunity to speak today. It has been eight months since COVID-19 appeared in the US and the attendant containment measures began to have severe effects on the U.S. economy and financial system (the "COVID event"). While the economy is recovering faster than we originally expected, and the financial sector returned pretty quickly to stable functioning— in significant part due to strong action from governments and central banks around the world—the shock of the COVID event was by many measures the strongest in recorded history, and for a while in the spring the outcome was—as the Duke of Wellington said of Waterloo—"a damn, close-run thing."

Communiqué Of The Forty Second Meeting Of The IMFC, Chaired By Mr. Lesetja Kganyago, Governor Of The South African Reserve Bank

Date 15/10/2020

We express our sympathies for the loss of human lives caused by the COVID-19 pandemic and reiterate our commitment to mitigating the health and economic impact of the pandemic on people worldwide.

GPW Presents An Award In The Social Report Competition Of The Responsible Business Forum

Date 15/10/2020

• GPW has presented an award for the fifth time in the Social Report competition of the Responsible Business Forum
• GPW’s award for the best integrated report of a public company goes to BNP Paribas Bank Polska S.A.
• The objective of the Social Report project is to promote organisations which publish information concerning sustainable development, environmental protection and social engagement
• Thirty participants of the competition are companies listed on the Warsaw Stock Exchange