Before last week’s FOMC meeting Financial markets across the globe, particularly the emerging market counterparts were thrown off-balance between June and mid-September after the U.S Fed signalled in its FOMC meeting that it will scale back on the US$85 billion monthly bond purchases contingent upon positive economic data. Following the […]
Tag: Financial Markets
IOSCO, CPSS monitor implementation of PFMIs
PRESS RELEASE Ref no: IOSCO/MR/14/2013 The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have started the process of monitoring implementation of the Principles for financial market infrastructures (the PFMIs). The PFMIs are international standards for payment, clearing and settlement systems, including […]
Greece, markets satisfied by EU-IMF Greek debt deal
The Greek government and financial markets were cheered on Tuesday by an agreement between euro zone finance ministers and the International Monetary Fund to reduce Greece’s debt, paving the way for the release of urgently needed aid loans. The deal, clinched at the third attempt after weeks of wrangling, removes […]
