News Centre

Acuiti Insight Report: Banks Cut Derivatives Cost Base At Fastest Pace

Date 18/10/2019

More than half of bank respondents reported lower cost bases over the past six months, the latest Acuiti Insight Report has found.

Japan's Financial Services Agency: Typhoon No.19 In 2019 (Hagibis) Information

Date 18/10/2019

For Requests to Financial Institutions

Local Finance Bureaus and the Bank of Japan have requested the relevant financial institutions in the 13 prefectures where the Disaster Relief Act (*) is applicable to deal with the following.

Dalian Commodity Exchange’s 1st Spread Swap Business Completed

Date 18/10/2019

New breakthrough has been achieved in the commodity swap business of Dalian Commodity Exchange (DCE) recently. On September 25, Xiamen Xiangyu Logistics Group Co., Ltd., a subsidiary of Xiamen Xiangyu Co., Ltd., and Xingye Yinxin Capital Management Co., Ltd. conduct the first commodity swap business with spread as the underlying through the General Service Platform of DCE. This is the first spread swap business since its launching by DCE last month.

Moscow Exchange Changes The Tick Size From The 1st Of November 2019

Date 18/10/2019

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 1st November 2019 in the following trading modes:

• Main trading mode Т+ ("Т+2" order book)
• Odd lots trading mode
• Dark pool trading mode
• Equities D — Main trading mode Т+
• Negotiated trading mode(NTM)
• Equities D (NTM) trading mode
• NTM with CCP trading mode

FSB Sets Out Work To Consider Regulatory Issues Of Stablecoins

Date 18/10/2019

The Financial Stability Board (FSB) today published an issues note on regulatory issues of stablecoins.  The paper was delivered to G20 Finance Ministers and Central Bank Governors for their meeting in Washington D.C this week. It responds to the G20 Leaders’ Osaka Declaration, which noted the importance of monitoring developments in crypto-assets and remaining vigilant to existing and emerging risks, and asked the FSB and other standard‑setting bodies to advise on additional multilateral responses as needed.

Shanghai Stock Exchange Amends, Optimizes Rules On Disciplinary Sanction, Review & Hearing

Date 18/10/2019

Recently, the Shanghai Stock Exchange (SSE) has amended the “SSE Implementation Methods on Review” (the Review Methods for short), the “SSE Implementation Methods on Disciplinary Sanction and Regulatory Measures” (the Disciplinary Sanction Methods for short) and the “SSE Detailed Rules on Implementation for Hearing of Self-regulatory Management” (the Hearing Rules), which shall come into force after being released on October 11, 2019.

Intergovernmental Group Of Twenty-Four On International Monetary Affairs And Development

Date 17/10/2019

1. We held our meeting in Washington D.C. with Julio Velarde, Governor of the Central Reserve Bank of Peru as Chair, Ken Ofori-Atta, Minister of Finance of Ghana as 1st Vice-Chair, and Jafar Mojarrad, Executive Director at the International Monetary Fund (IMF) for Iran as 2 nd Vice-Chair.

New Zealand's Financial Markets Authority Issues AML/CFT Warning To Circle Markets Limited

Date 17/10/2019

The Financial Markets Authority (FMA) has issued a formal warning to a non-licensed derivatives issuer and forex provider, Circle Markets Limited, under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT).

SEC And Morehouse College Announce Atlanta Event For Minority Entrepreneurs

Date 17/10/2019

The Securities and Exchange Commission and Morehouse College will co-host a panel discussion on strategies to attract investment capital to minority businesses from 4 - 7 p.m. ET on Thursday, Oct. 24 during homecoming week. The special event, which will be held on the campus of Morehouse College, will feature conversations with minority entrepreneurs and investors who will explore solutions for overcoming barriers and share business successes.

Opening Remarks, Federal Reserve Governor Michelle W. Bowman, At "Monetary Policy’s Impact On Workers And Their Communities," A Fed Listens Event, Sponsored By The Federal Reserve Bank Of Chicago, Chicago, Illinois

Date 17/10/2019

Thank you, President Evans, for hosting this event today, and to our moderator and participants for taking part in this valuable discussion. Today's event is the last in our series of Fed Listens events held across the country to learn about how Americans think about monetary policy and how they think about the Federal Reserve.