News Centre

Finansinspektionen: Decision Regarding The Countercyclical Buffer Rate

Date 08/07/2019

Finansinspektionen (FI) decided on 5 July not to change the countercyclical buffer rate. The buffer rate of 2.5 per cent, which will be applied as of 19 September 2019, shall thus continue to apply. The countercyclical buffer guide is set at 0.04 per cent.

EBA Assesses Impact Of FinTech On Payment Institutions' And e-Money Institutions' Business Models

Date 08/07/2019

The European Banking Authority (EBA) published today a thematic Report on the impact of FinTech on payment institutions' (PIs) and electronic money institutions' (EMIs) business models. This Report points out the EBA's key observations on PIs' and EMIs' strategies and business model changes, in particular focusing on the current trends and drivers, the different approaches to FinTech, including their interaction with BigTech firms, and the level of implementation of innovative technologies. The Report, which is in line with the priorities listed in its FinTech Roadmap, does not foresee or intend to model scenarios for potential future development of institutions. The Report aims to share knowledge and provide support to supervisors and other stakeholders in identifying and understanding the main trends that could impact PIs' and EMIs' business models and pose potential challenges to their sustainability.

FTSE Russell Launches First Climate Risk Government Bond Index

Date 08/07/2019

• FTSE Climate Risk-Adjusted World Government Bond Index allows sovereign debt investors to incorporate climate change risk considerations into their portfolios
• First time that a quantitative measure of climate risk has been applied to sovereign debt
• Countries are weighted in the index according to their ‘Climate Score’ - the higher the index weight, the lower the Climate Risk exposure
• Index utilises climate risk modelling developed by Beyond Ratings, respected ESG analytics provider recently acquired by LSEG

Bank Of England: Minutes Of The Wholesale Distribution Steering Group - May 2019

Date 08/07/2019

The Wholesale Distribution Steering Group have the objective of overseeing the design of a new end-state model for wholesale cash distribution. This is to support the UK in an environment of declining cash volumes.

Deutsche Bank CEO Christian Sewing: "We Compete Where We Can Win"

Date 08/07/2019

Deutsche Bank has announced a radical transformation. In an internal Video for the staff, CEO Christian Sewing speaks with spokesperson Jörg Eigendorf about the bank's situation and how to become more profitable, improve shareholder returns and drive long-term growth.

Zhengzhou Commodity Exchange Selects ZISHI For Options Market Education

Date 08/07/2019

OSTC, a leading, global derivatives trading and education business, announces that its ZISHI education subsidiary has been selected to provide education on options markets by the Zhengzhou Commodity Exchange, one of China’s four main regulated futures markets.

DIFC Strengthens Leadership Team To Drive Vision For Future Growth

Date 08/07/2019

• Strategic appointments and promotions focus on digital transformation and innovation
• Aims to develop and support succession of Emirati talent, in line with UAE’s National Agenda

Al Mawared Brokerage's Amman Stock Exchange Weekly Report, 8 July 2019

Date 08/07/2019

Click here to download Al Mawared Brokerage's Weekly Report on the Amman Stock Exchange (ASE). The Report is designed to give an overview of developments in the Jordan Capital Markets as well as ASE performance indicators.

CryptoUK - Three Quarters Of UK Crypto Businesses Forced To Bank Overseas

Date 08/07/2019

A survey of cryptoasset firms conducted by CryptoUK, the self-regulatory trade body for the sector in the UK, has found that almost three quarters of crypto businesses are forced to bank overseas, largely due to the difficulties of opening a bank account in the UK.

ESMA: Update Of Annual Equity Transparency Calculations – Application Of The Tick Size Regime For Third-Country Shares

Date 08/07/2019

On 21 June 2019 ESMA has published the updated results of the annual equity transparency calculations. The updated results are due to apply from 8 July 2019.