Updates

SEC Adopts Rule Amendments and New Rule to Improve Risk Management and Resilience of Covered Clearing Agencies

October 25, 2024/US SEC The Securities and Exchange Commission today adopted rule amendments and a new rule to improve the resilience and recovery and wind-down planning of covered clearing agencies. The rule amendments establish new requirements regarding a covered clearing agency’s collection of intraday margin as well as a covered […]

Statement on Clearinghouse Resiliency, Recovery, and Wind-Down

October 25, 2024/US SEC By Gary Gensler Today, the Commission approved amendments to help ensure the continuity of clearing services during times of significant stress. I am pleased to support the amendments because they enhance the resiliency of an important part of our market plumbing, clearinghouses, which are fundamental for […]

AfDB President Calls for Bold, Innovative and Practical Solutions to Tackle Poverty in Africa

Adesina will participate in a meeting of heads of MDBs, hold bilateral meetings with development partners and host a meeting of the Africa Investment Forum’s founding partners October 25, 2024/AfDB Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s fastest-growing continent and hampering achievement of […]