February 6, 2024/Coronation Research Summary Opening market liquidity was reported at N366.3bn on Friday (05 February ‘24). Call, overnight, and repo rates closed within a range of 7% – 22% as rates in the money market moderated following inflows from the FGN bond coupon payments and CRR refunds. Our expectation […]
Updates
SEC Adopts Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”
February 6, 2024/US SEC The Securities and Exchange Commission today adopted two rules that require market participants who engage in certain dealer roles, in particular those who take on significant liquidity-providing roles in the markets, to register with the SEC, become members of a self-regulatory organization (SRO), and comply with […]
Monitoring Group Pleased to Report Strong Progress Implementing Recommendations to Strengthen the International Audit, Assurance, Ethics, and Independence Standard-Setting System
February 6, 2024/IOSCO The Monitoring Group (MG) is responsible for the overall governance of the international audit, assurance, ethics, and independence standard-setting system, including conducting periodic effectiveness reviews. In July 2020, the MG issued its recommendations Strengthening the International Audit and Ethics Standard-Setting System (MG Recommendations).1 The objectives of the […]
