News Centre

ACER To Decide On A Common Cost Sharing Methodology For Redispatching And Countertrading Electricity In Bulgaria, Greece And Romania

Date 09/04/2020

The National Regulatory Authorities for energy in Bulgaria, Greece and Romania (the South East Europe region) asked the Agency to decide on a common methodology to share the costs of electricity redispatching and countertrading.

DTCC Comments On The Monetary Authority Of Singapore Delay To Final Phase Of OTC Derivatives Trade Reporting Implementation

Date 09/04/2020

Commenting on the Monetary Authority of Singapore’s (MAS) decision to delay the final phase of OTC derivatives trade reporting implementation by one year to 1 October, 2021, Oliver Williams, Head of DTCC Data Repository (Singapore) Pte Ltd., said:

DTCC has been encouraged by the progress that the industry has made in meeting reporting obligations for over-the-counter (OTC) derivatives transactions. In today’s environment, we support MAS’ move to provide more time to non-bank financial institutions and significant derivatives holders that were to come into scope under the final phase implementation. We remain committed to assisting clients in preparing for the new deadline of 1 October 2021. Our Global Trade Repository (GTR) service is ready to help market participants address their operational and regulatory requirements as and when the final regulations go live.

University Of Exeter Spin-Out Company Secures Investment For Sustainable Mining

Date 09/04/2020

A spin-out company focussed on driving environmental sustainability in the mining and raw materials sector, founded by experts from the University of Exeter, has secured investment to help develop the business.

Monetary Authority Of Singapore Urges Use Of Digital Finance And E-Payments To Support COVID-19 Safe Distancing Measures

Date 09/04/2020

The Monetary Authority of Singapore (MAS) urges individuals and businesses to use digital financial services and e-payments, and minimise visits to the premises of financial institutions (FIs).  This will contribute to the effectiveness of the elevated safe distancing measures announced by the Ministry of Health (MOH) last week.

ESMA Sets Out Supervisory Expectations On Publication Of Investment Funds Periodic Reports

Date 09/04/2020

The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today issues a public statement directed at Fund Managers concerning their obligations to publish yearly and half-yearly reports.

UK Financial Conduct Authority Confirms Temporary Financial Relief For Customers Impacted By Coronavirus

Date 09/04/2020

The Financial Conduct Authority (FCA) has today confirmed a package of targeted temporary measures to help people with some of the most commonly used consumer credit products.

HM Treasury And Bank Of England Announce Temporary Extension Of The Ways And Means Facility

Date 09/04/2020

HM Treasury and the Bank of England (the Bank) have agreed to extend temporarily the use of the government’s long-established Ways and Means (W&M) facility.

Hong Kong Securities And Futures Commission Scrutinises Leveraged Foreign Exchange Trading

Date 09/04/2020

The Securities and Futures Commission (SFC) today released a report on its survey of the leveraged foreign exchange trading (LFET) activities of licensed corporations between 1 January 2018 and 31 December 2018 (Note 1).

Monetary Authority Of Singapore Extends Digital Bank Assessment Period In View Of COVID-19 Pandemic

Date 09/04/2020

The Monetary Authority of Singapore (MAS) announced today that it will extend the assessment period for the award of digital bank licences. Successful applicants will be informed in 2H 2020 instead of June 2020 as originally intended.

Council Of Financial Regulators (CoFR) – Deferral Of Regulatory Initiatives Affecting The Financial Sector

Date 09/04/2020

In response to COVID-19 a number of CoFR regulatory initiatives are being deferred. These deferrals will enable banks and other financial services firms to focus their efforts more effectively on continuing to operate smoothly and providing credit and other support to individuals and businesses.