ESMA publishes translations of its Guidelines on funds’ names

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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the translations in all official EU languages of its Guidelines on funds’ names using ESG or sustainability-related terms. The Guidelines will start applying three months after this publication, i.e. on 21 November 2024.  Within two months of the date

Continue ReadingESMA publishes translations of its Guidelines on funds’ names

ESMA publishes translations of its Guidelines on funds’ names

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the translations in all official EU languages of its Guidelines on funds’ names using ESG or sustainability-related terms. The Guidelines will start applying three months after this publication, i.e. on 21 November 2024.  Within two months of the date

Continue ReadingESMA publishes translations of its Guidelines on funds’ names

Minutes of the Federal Open Market Committee, July 30–31, 2024

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August 21, 2024 Minutes of the Federal Open Market Committee, July 30–31, 2024 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on July 30–31, 2024. The minutes for each regularly scheduled meeting of the Committee are generally published three

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The Bank of Russia has clarified the requirements for models used by banks to assess borrowers’ incomes

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С 1 ноября 2024 года изменятся требования к моделям, которые банки применяют для оценки доходов заемщика при расчете его долговой нагрузки. Соответствующие изменения внесены в Указание Банка России № 6579-У. Одна из новаций — введение требований к репрезентативности факторов, существенно влияющих на доход заемщика. Вместо ежегодных отчетов о сохранении качества моделей банки будут ежегодно направлять модели для оценки регулятором. Скорректированы критерии их качества. С 1 до 2 млн рублей увеличена сумма потребительских кредитов, при выдаче которых

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Banks Report, June 2024

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La intermediacin financiera con el sector privado creci de forma destacada en junio, tanto en el segmento en moneda nacional como extranjera. Este desempeo se verific preservando acotados niveles de riesgo de crdito enfrentados por el sistema financiero, as como amplias coberturas constituidas en trminos de previsiones, capital y liquidez. , En junio el

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