ESMA issues an additional five positive opinions on national product intervention measures

ESMA issues an additional five positive opinions on national product intervention measures Wednesday 12 June 2019 12:21 The European Securities and Markets Authority (ESMA) has today issued five positive opinions on product intervention measures taken by the National Competent Authorities (NCAs) of the Czech Republic, Estonia and Slovakia. ESMA’s opinion finds that the proposed measures … Read more

ESMA to address regulatory concerns over Frequent Batch Auctions

ESMA to address regulatory concerns over Frequent Batch Auctions Tuesday 11 June 2019 16:09 The European Securities and Markets Authority (ESMA) has today published its Final Report on Frequent batch auctions (FBAs). ESMA identified four main characteristics of FBA trading systems through its call for evidence and intends to issue supervisory guidance on pre-trade transparency … Read more

McWilliams: FDIC wants community banks to keep thriving

Speaking at a meeting hosted by the Community Development Bankers Association, Federal Deposit Insurance Corp. (FDIC) Chairwoman Jelena McWilliams described the agency’s plans for helping community banks sustain the strong growth they have experienced in recent years through certain initiatives. Among those initiatives are those pertaining to Community Reinvestment Act reform. Find out more details … Read more

FHFA hopes UMBS launch will spur GSE competition

In an effort to make housing more affordable through increased secondary-market competition, the Federal Housing Finance Agency (FHFA) announced the launch of its new Uniform Mortgage-Backed Security (UMBS) program, under which it will combine mortgage-backed securities held by Fannie Mae and Freddie Mac. The FHFA hopes the move will add liquidity and eliminate pricing differences, … Read more