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BOE: Asset Purchase Facility: Gilt Purchases – Market Notice 6 August 2020
On 17 June the MPC voted for the Bank of England to continue with its existing programme of £200bn of UK government bond and sterling non-financial investment-grade corporate bond purchases, and to increase the stock…
BOE: Bank Rate maintained at 0.1% – August 2020
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present…
Financial Policy Summary and Record – August 2020
Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system. The Financial Policy Committee (FPC) aims to ensure the…
Central Bank publishes Business Interruption Insurance Supervisory Framework
Framework sets out the Central Bank’s expectations of insurance firms in handling COVID-19 related business interruption insurance claims Where customers have an entitlement to claim under a business interruption insurance policy, the Central Bank expects…
IMF experts present their view on the Riksbank Inquiry’s proposals
The International Monetary Fund (IMF) has extensive expertise in central bank legislation and a unique international insight into how it is designed in different countries. In light of this, the Riksbank invited IMF experts to…
FCA Highlights Concerns When Credit Firms Allow Repeat Borrowing
The review, which was completed prior to the coronavirus pandemic, highlights concerns about poor practices by some firms and notes that nearly half of consumers regretted borrowing more money. As firms in this sector begin to…
DGCX Maintains Momentum into Second Half of the Year with Strong G6 Currencies Volumes and Successful Launch of New FX Products
The Dubai Gold and Commodities Exchange (DGCX) has maintained its momentum into the second half of the year, as it continues to provide investors with a wide range of derivative products that allow them to…
KiwiSaver Statements Starting to Help Members Take Action
A third of KiwiSaver members who read their annual statement this year recalled seeing their projected retirement lump sum, a Financial Markets Authority survey has found. This year, for the first time, members’ statements included…
SET News : SET Market Report for July 2020
BANGKOK, August 6, 2020 -- The Stock Exchange of Thailand (SET) Index at end-July closed at 1,328.53 points or a 0.8 percent decline from the previous month with various factors weighed on investors' sentiments including…
Intercontinental Exchange Enters Definitive Agreement to Acquire Ellie Mae from Thoma Bravo
ATLANTA & PLEASANTON, Calif.--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced today that it has entered into a…