People’s Bank of China continues rate cuts
Cuts follow weaker growth figures as deputy governor promises stable credit growth
Regulatory Developments
Notarize expands leadership team
Notarize appointed a new chief technology officer (CTO) and chief people officer. The CTO will drive Notarize’s product and technology strategy while elevating security across its online notarization platform, and the chief people officer will lead the HR and People department. Read on for more.
ESMA launches a Common Supervisory Action with NCAs on valuation of UCITS and open-ended AIFs
ESMA launches a Common Supervisory Action with NCAs on valuation of UCITS and open-ended AIFs Thursday 20 January 2022 09:04 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a Common Supervisory Action (CSA) with National Competent Authorities (NCAs) on the valuation of UCITS and open-ended Alternative Investment Funds (AIFs) across … Read more
FDIC promotes two to deputy, director
The Federal Deposit Insurance Corp. promoted two agency veterans to serve as the deputy to the chairman for external affairs and director of the division of administration. The new deputy to the chairman also is the director of the agency’s Office of Minority and Women Inclusion and will continue to serve in this role in … Read more
ESMA issues 2021 report on accepted market practices under MAR
ESMA issues 2021 report on accepted market practices under MAR Tuesday 18 January 2022 11:12 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its annual report on the application of accepted market practices (AMPs) in accordance with the Market Abuse Regulation (MAR). The number of liquidity contracts and … Read more
Origination activity down in December
According to Black Knight, Inc.’s December 2021 Originations Market Monitor Report, origination activity was down for the fourth consecutive month. The decrease is largely attributed to rising interest rates and a seasonal slowdown in home purchases. Read on for more details.
Regulation and infrastructure: levelling up crypto and digital assets
On its arrival, the current generation of digital assets presented an exciting, untapped frontier for trading. But the ‘wild west’ can’t last forever, and increased regulation promises more than just security for these markets – it also provides them with the power to truly thrive
South Sudan central bank announces sharp fall in inflation rate
IMF credits exchange rate reforms with taming prices, while central bank cuts interest rates
ESA PUBLIC HEARING ON THE REVIEW OF THE PRIIPS REGULATION
Thursday 13 January 2022 14:58 The European Supervisory Authorities (ESAs) organise an online public hearing on Friday 11 February 2022, from 09:30-16:30 CET to discuss the development of their draft Technical Advice to the European Commission regarding the PRIIPs Regulation. … Related documents:: call-for-advice-on-priips-cfa.pdf jc_2021_61_priips_call_for_evidence.pdf Time: 11/02/2022
McWilliams resigns as FDIC chair
Federal Deposit Insurance Corp. Chair Jelena McWilliams notified President Joe Biden she will be resigning effective Feb. 4, 2022. In response to her announcement, Consumer Bankers Association President and CEO Richard Hunt urged the agency to refrain from instituting any new rules until a replacement board member representing the minority party is seated. For more … Read more