News Centre

ICE Benchmark Administration Publishes Third Update Regarding The U.S. Dollar ICE Bank Yield Index

Date 23/10/2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration Limited (IBA) has published its third update regarding the U.S. Dollar ICE Bank Yield Index.

EBA Publishes Opinion On Disclosure To Consumers Buying Financial Services Through Digital Channels

Date 23/10/2019

The European Banking Authority (EBA) published today an Opinion addressed to the EU Commission with recommendations to ensure that disclosure requirements in EU law take account of the increasing use of digital marketing channels for financial services and the resultant issues potentially affecting consumers. The recommendations relate primarily to the scope and consistency of disclosure rules, the timing of disclosure, the presentation format and accessibility of information. In addition, they cover advertisements, pre-contractual information, rights of withdrawal, complaints handling and post sale information.

Brexit: Statement By European Parliament President Sassoli Following Vote In Westminster

Date 23/10/2019

President of the European Parliament David Sassoli: an extension request remains on the table.

Bank Of England: Minutes Of Money Markets Committee Meeting - 3 September 2019

Date 23/10/2019

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.

London Stock Exchange Group PLC Price Monitoring Extension

Date 23/10/2019

The auction call period has been extended in this security by 5 minutes.

Turning Technology Against Financial Crime - Speech By Megan Butler, Executive Director Of Supervision – Investment, Wholesale And Specialists At The FCA, Delivered At The Royal United Services Institute, London

Date 23/10/2019

Highlights:

• Financial crime and the criminal activity it facilitates cause incalculable damage to society – our joint endeavour is to monitor entry, devise controls and erect barriers powerful enough to stop criminals from causing further harm.
• New technologies give us unprecedented access to innovative products and services, and flexibility in how we use them. But they also give criminals sophisticated tools to bend the financial system to their own ends.
• Used to the right ends, these technologies can be gamechangers in the fight against financial crime – both for industry and the regulator.

The Federation Of Euro-Asian Stock Exchanges Elects Three New Board Members, Audit Committee Members And Vice-Chair, And Working Committee Vice-Chair

Date 23/10/2019

Today, the Federation of Euro-Asian Stock Exchanges (FEAS) announces the 28th General Assembly and Working Committee Meeting in Muscat, Oman.

EBA Publishes Opinion On The Regulatory Treatment Of Non-Performing Exposure Securitisations

Date 23/10/2019

The European Banking Authority (EBA) published today an Opinion on the regulatory treatment of securitisations of non-performing exposures (NPE). Securitisations can play an instrumental role in reducing NPE stocks in credit institutions’ balance sheets but such a role may be hindered by certain provisions in the EU law securitisation framework. This Opinion recommends various amendments to the Capital Requirements Regulation (CRR) as well as to the Securitisation Regulation to remove the identified constraints. The Opinion is addressed at the European Commission and contributes to the objectives of the Council of the EU’s “Action plan to tackle non-performing loans in Europe”. A copy of the Opinion has been sent to the European Parliament and the Council.

Innovation, Disruption And Global Expansion Takes Centre Stage At FinTech Abu Dhabi

Date 23/10/2019

The growth of the FinTech industry and its success in transforming the way we live were top of the agenda today, as the second day of FinTech Abu Dhabi welcomed more than 5,000 local and international delegates.

Commerzbank, Deutsche Börse And MEAG To Reach Further Step In Post-Trade Services Using Distributed Ledger Technology

Date 23/10/2019

• Settlement via securities and cash tokens and further use as collateral at Eurex Clearing as Central Counterparty – within a binding legal framework
• Joint use cases confirm a potential founding stone for multiple comprehensive distributed ledger services