News Centre

The Swedish Bankers’ Association Transfers Administration Of STIBOR To Swedish Financial Benchmark Facility

Date 17/04/2020

he Swedish Bankers’ Association has announced that the association is transferring the administration of the Swedish benchmark STIBOR to Swedish Financial Benchmark Facility (SFBF), whereupon the task of adapting STIBOR to the requirements set out in the EU Benchmarks Regulation falls to SFBF. Finansinspektionen will assess the application for authorisation of SFBF as administrator of STIBOR when it is submitted.

EBA Agrees With The European Commission’s Amendments To Standards On Risk Weights To Specialised Lending Exposures

Date 17/04/2020

The European Banking Authority (EBA) published today an Opinion in response to the European Commission’s intention to amend the EBA’s final draft regulatory technical standards (RTS) on assigning risk weights to specialised lending exposures before endorsing them. The EBA is of the view that the proposed changes, despite their substantive nature, do not alter the draft RTS in a significant manner, as they still maintain a good balance between the flexibility and risk sensitivity required for the IRB approach and the need for a harmonised regulatory framework.

ESMA Issues New Q&A On Alternative Performance Measures In The Context Of Covid-19

Date 17/04/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has issued a Q&A to provide guidance to issuers on the application of the ESMA Guidelines on Alternative Performance Measures (APM Guidelines) in the context of the COVID-19 pandemic. 

ETFGI Reports ETFs And ETPs Listed Globally Gathered Net Inflows Of US$20.44 Billion During March 2020

Date 17/04/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$20.44 billion during March, bringing year-to-date net inflows to US$119.13 billion which is higher than the US$99.06 billion gathered at this point last year. Assets invested in the global ETFs/ETPs industry have decreased by 11.1%, from US$6.04 trillion at the end of February 2020, to US$5.37 trillion at the end of March, according to ETFGI's March 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Upcoming Innovations On Moscow Exchange Markets

Date 17/04/2020

In June, Moscow Exchange plans to introduce a number of important innovations and changes to its markets with the aim of expanding the range of instruments on offer and making new opportunities available to market participants.

Bank Of England: Minutes Of The Meeting Of The Court Of Directors Held On 14 February 2020

Date 17/04/2020

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

Malawi Stock Exchange Weekly Summary Report - 17 April 2020

Date 17/04/2020

Click here to download Malawi Stock Exchange's weekly summary report.

EBRD/Institute For Global Affairs At The London School Of Economics Podcast - How Will The Coronavirus Pandemic Affect The Global Economy?

Date 17/04/2020

The economic and political impact of the coronavirus pandemic is growing more dramatic by the day. Millions of businesses and the jobs they support are under threat. Civil liberties in many countries are being drastically curtailed as governments fight to control the spread of Covid-19.

UK Financial Conduct Authority: Guidance On Financial Resilience

Date 17/04/2020

The FCA has  today updated its guidance surrounding financial resilience and capital.  The update can be found at https://www.fca.org.uk/news/statements/fca-expectations-financial-resilience-fca-solo-regulated-firms.

BIS - Macroeconomic Effects Of Covid-19: An Early Review

Date 17/04/2020

Key takeaways

• Past epidemics had long-lasting effects on economies through illness and the loss of lives, while Covid-19 is marked by widespread containment measures and relatively lower fatalities among young people.
• The short-term costs of Covid-19 will probably dwarf those of past epidemics, due to the unprecedented and synchronised global sudden stop in economic activity induced by containment measures.
• The current estimated impact on global GDP growth for 2020 is around -4%, with substantial downside risks if containment policies are prolonged. Output losses are larger for major economies.