News Centre

Minutes Of The Federal Open Market Committee, March 15, 2020

Date 08/04/2020

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 15, 2020, and of the conference call held on March 2, 2020.

Overstock Granted DTC Eligibility For Digital Voting Series A-1 Preferred Stock

Date 08/04/2020

Moscow Exchange: Risk Parameters Change On Securities Market: Update

Date 08/04/2020

CCP NCC sets the following risk parameters on Securities market starting from April 15, 2020:

Invidem Partners With Encompass And iMeta Technologies To Make KYC Data Handling Easier

Date 08/04/2020

With the goal of making the management of KYC data more efficient and effective, Know-Your-Customer “KYC” company Invidem, owned by leading Nordic banks, has signed long-term agreements with innovative IT solution providers Encompass and iMeta Technologies. Encompass will provide Invidem with highly automated KYC data gathering and iMeta will provide the core Client Lifecycle Management system for management of the KYC information.

EBA Updates Impact Of The Basel III Reforms On EU Banks’ Capital And Compliance With Liquidity Measures

Date 08/04/2020

The European Banking Authority (EBA) published today two Reports, which measure the impact of implementing the final Basel III reforms and monitor the current implementation of liquidity measures in the EU. Being based on June 2019 reporting date, these results do not reflect the economic impact of the coronavirus disease (Covid-19) on participating banks. Overall, the EBA estimates that the Basel III reforms, once fully implemented in 2028 after the additional delay of one year agreed by the Basel Committee, would determine an average increase by 16.1% of EU banks' Tier 1 minimum required capital.  The liquidity coverage ratio (LCR) of EU banks, which was fully implemented in January 2018, stood at around 147% on average in June 2019.

EBRD President Calls For “Collective Responsibility” In Response To Coronavirus

Date 08/04/2020

EBRD President Suma Chakrabarti has called on the international community to join forces to combat the coronavirus pandemic. “We have a collective responsibility,” the EBRD head said at the meeting of the EU Foreign Affairs/Development Council today which he joined via video link.

Federal Reserve Board Announces, Due To The Extraordinary Disruptions From The Coronavirus, That It Will Temporarily And Narrowly Modify The Growth Restriction On Wells Fargo So That It Can Provide Additional Support To Small Businesses

Date 08/04/2020

Due to the extraordinary disruptions from the coronavirus, the Federal Reserve Board on Wednesday announced that it will temporarily and narrowly modify the growth restriction on Wells Fargo so that it can provide additional support to small businesses. The change will only allow the firm to make additional small business loans as part of the Paycheck Protection Program, or PPP, and the Federal Reserve's forthcoming Main Street Lending Program.

Moscow Exchange: Risk Parameters Change For The Security TRMK

Date 08/04/2020

As per the Securities market risk parameters methodology, on 08.04.2020, 17-31 (MSK) the upper bound of the price band (up to 65.18) and initial margins (up to 62.5 %) for the security TRMK were changed. New values are available here

Equities Pause, But The Commodity Sell-Off Gathers Pace - Commodities Plunged Further, Faster In Another Broad-Based Move Lower, William May, Senior Economist, IHS Markit

Date 08/04/2020

Equity markets have found support in the last two weeks, with the S&P 500 index bouncing 5.6% from its mid-March low. In contrast, there remains an absence of buyers in commodity markets. As measured by IHS Markit’s Materials Price Index (MPI), commodity prices have fallen 11.6% over the same period, dropping 7.1% last week alone. The MPI is now down nearly 26% since the start of the year and down almost 36% since its 2019 peak last July.

ACER Publishes The 5th Edition Of The Guidance On REMIT Application

Date 08/04/2020

ACER publishes today the 5th edition of the Guidance on the application of the EU Regulation on wholesale energy market integrity and transparency (REMIT), including updates and further elaboration on the guidance to National Regulatory Authorities (NRAs) related to assessing inside information in wholesale energy products.