News Centre

EBA Launches Qualitative Survey On Internal Models

Date 16/12/2016

The European Banking Authority (EBA) launched today a qualitative survey on internal ratings-based (IRB) models to analyse the impact of the EBA draft Guidelines on the estimation of risk parameters for non-defaulted exposures, namely of the probability of default (PD) and the loss given default (LGD), and on the treatment of defaulted assets (Guidelines hereafter), which are currently under consultation. These Guidelines are part of the broader review of the IRB approach that is carried out by the EBA to reduce the unjustified variability in the outcomes of internal models, while preserving the risk sensitivity of capital requirements. Institutions are invited to submit their responses to this survey by 27 January. 

Risk Parameters On The Moscow Exchange During New Year/Christmas Public Holidays

Date 16/12/2016

If market volatility does not significantly increase by December 28, 2016, risk parameters will be equal to the values listed below.

GPW Publishes A New Sector Classification Of Issuers

Date 16/12/2016

• GPW has completed public consultations of changes in the sector classification of issuers
• GPW will introduce a uniform classification of issuers of shares and bonds on the regulated market and in the alternative trading system as of the beginning of 2017
• Following the changes in the classification of issuers, GPW will publish three new sector indices

TOM MTF Statistics Week 50, 2016

Date 16/12/2016

Click here to download the weekly statistics update of TOM MTF for week 50, 2016.

Moscow Exchange: Final Settlement Prices Determined For FX Futures Contracts

Date 16/12/2016

On 15 December 2016, the final settlement prices were determined for the following FX futures contracts:

ISDA Selects ICE Benchmark Administration As Determinations Committees Secretary

Date 16/12/2016

The International Swaps and Derivatives Association, Inc. (ISDA) has today announced that ICE Benchmark Administration (IBA) will assume the secretarial role on the credit derivatives Determinations Committees (DCs).

FINRA Fines Deutsche Bank $3.25 Million For Deficient Disclosures Concerning The Operation Of Its Alternative Trading System

Date 16/12/2016

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Deutsche Bank Securities Inc. $3.25 million for failing to provide the same information to all clients of its Alternative Trading System (ATS) relating to certain ATS services and features, and for related violations.

New York Attorney General Eric T. Schneiderman Announces Deutsche Bank Will Pay $37 Million Penalty For Fraudulent Order Routing Practices – The Latest Case Stemming From A.G.’S Insider Trading 2.0 Initiative - In Joint Settlement With A.G. Schneiderman And SEC, Deutsche Bank Admits Violating State And Federal Securities Laws, Misleading Investors - Deutsche Bank Failed To Inform Its Clients That Its “Dark Pool Ranking Model” Was Not Functioning For Over Two Years - Schneiderman: Misleading And Self-Serving Marketing About Order Routing Services Will Not Be Tolerated

Date 16/12/2016

Attorney General Eric T. Schneiderman announced today that Deutsche Bank Securities, Inc. will pay a combined $37 million to the State of New York and the United States Securities and Exchange Commission (“SEC”) to settle investigations into false statements and omissions made in connection with the marketing of Deutsche Bank’s electronic equities order routing services, known as its “Dark Pool Ranking Model.”  As part of the agreement, Deutsche Bank admits that it misled investors and violated New York State and federal securities laws; the Attorney General’s Office and the SEC have also censured Deutsche Bank for its conduct.

Decisions Taken By The Governing Council Of The ECB In Addition To Decisions Setting Interest Rates

Date 16/12/2016

Market operations

Annual review of acceptable non-regulated markets, issuers classified as multilateral development banks or international organisations, and issuers classified as agencies in haircut category II

European Council Of The European Union - Capital Markets Union: Venture Capital Rules Agreed By Council

Date 16/12/2016

The Council has agreed its negotiating stance on amendments to EU rules aimed at boosting investment in venture capital and social enterprises.