News Centre

Federal Reserve Board Issues Advance Notice Of Proposed Rulemaking On An Approach To Modernize Regulations That Implement The Community Reinvestment Act

Date 21/09/2020

The Federal Reserve Board on Monday issued an Advance Notice of Proposed Rulemaking (ANPR) that invites public comment on an approach to modernize the regulations that implement the Community Reinvestment Act (CRA) by strengthening, clarifying, and tailoring them to reflect the current banking landscape and better meet the core purpose of the CRA. The ANPR seeks feedback on ways to evaluate how banks meet the needs of low- and moderate-income (LMI) communities and address inequities in credit access.

EBA Phases Out Its Guidelines On Legislative And Non-Legislative Loan Repayments Moratoria

Date 21/09/2020

The European Banking Authority (EBA) has been closely monitoring the developments of the COVID-19 pandemic and, considering the progress made so far, will phase out its Guidelines on legislative and non-legislative payment moratoria in accordance with its end of September deadline.  These Guidelines, which were published in the early phases of the COVID-19 pandemic, have provided the necessary flexibility as well as certainty on the regulatory framework, in light of significant number of actions taken by banks to support their customers as exceptional lock-down measures were put in place. The continued ability for banks to provide lending is of key importance and the EBA will keep monitoring the situation as needed.

EDI Partners With Woobler To Offer The First ‘AI Ready’ US Demographic Data Knowledge Graph

Date 21/09/2020

Exchange Data International (EDI) is pleased to announce a partnership with Woobler, a data connectivity company at the forefront in building an ‘AI Ready’ knowledge graph. Through EDI’s global distribution, the partnership enables data science teams and business intelligence platforms a way to directly access and exploit US demographic data.

From LIBOR To SONIA: A Bridge To The Future - Remarks By Andrew Hauser, Bank Of England, Executive Director, Markets, Given At The ‘Is Your Business Prepared For LIBOR?’ Webinar

Date 21/09/2020

Andrew Hauser explains why companies need to act now to transition from using LIBOR to SONIA as an interest rate benchmark.

FTSE Russell Completes ICB Sector Migration For Russell US Indexes And Adds 46 IPOs For Its Third Quarter US Index Update

Date 21/09/2020

• FTSE Russell successfully completes Russell US Indexes sector migration to the Industry Classification Benchmark (ICB®) framework from Russell Global Sectors (RGS).

• ICB enhancements well received by market and supported by extensive public consultation and notification process, affecting over $9 trillion in benchmarked assets.

• Russell US Indexes add 46 new initial public offerings (IPOs) for the third quarter reflecting US equity market surge and Covid-19 investment trends.

ACER And ENTSOG Consult On Their Recommendations To Mitigate Misconduct In EU Gas Balancing Markets

Date 21/09/2020

​The European Union Agency for the Cooperation of Energy Regulators (ACER) and the European Network of Transmission System Operators (ENTSOG) launch today a four-week public consultation on their joint recommendations to mitigate potential misconduct in EU gas balancing markets. The public consultation ends on 19 October. 

Nasdaq Launches Purpose Initiative To Advance Inclusive Growth And Prosperity - At Nasdaq, Our Purpose Is To Champion Inclusive Growth And Prosperity. We Power Stronger Economies, Create More Equitable Opportunities And Contribute To A More Sustainable World To Help Our Communities, Clients, Employees And People Of All Backgrounds Reach Their Full Potential - Launches ‘Smart Investing’ Portal With Educational Resources For Retail Investors

Date 21/09/2020

Nasdaq announced today a new “Purpose Initiative,” designed to support women and underrepresented minority communities with the resources needed to grow and sustain their businesses. The Purpose Initiative comprises the company’s philanthropic, community outreach, corporate sustainability, and employee volunteerism programs, to leverage Nasdaq’s unique place at the center of capital creation, markets, and technology.

Intercontinental Exchange Launches Three New MSCI Index Futures Contracts

Date 21/09/2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced the launch of three new MSCI Index futures contracts. The new contracts, which began trading today, are listed on ICE Futures U.S. and five expiry months have been listed for each contract: December 2020, March 2021, June 2021, September 2021 and December 2021.

IOSCO Issues Measures To Reduce Conflict Of Interests In Debt Capital Raising

Date 21/09/2020

The Board of the International Organization of Securities Commissions (IOSCO) today published final guidance to help its members address potential conflicts of interest and associated conduct risks market intermediaries may face during the debt capital raising process. The guidance also seeks to address some specific concerns observed by certain regulators during the COVID-19 crisis that may affect the integrity of the capital raising process.

Members Exchange Goes Live - Seven Symbols Begin Trading In Phase One Of Rollout Schedule

Date 21/09/2020

Members Exchange (MEMX), a market operator founded by members to benefit all investors, today announced the start of trading on its U.S. equity market.