ESRB | Jotup

Private Division and Evening Star Announce Penny’s Big Breakaway

Retrieved on:

Wednesday, June 21, 2023

Private Division , a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and Evening Star today announced an imaginative new platforming action game, Penny’s Big Breakaway, coming to Nintendo Switch™, PlayStation 5, Xbox Series X|S, and PC early next year.

Key Points:

Private Division , a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and Evening Star today announced an imaginative new platforming action game, Penny’s Big Breakaway, coming to Nintendo Switch™, PlayStation 5, Xbox Series X|S, and PC early next year.
View the full release here: https://www.businesswire.com/news/home/20230621006468/en/
Private Division, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and Evening Star today announced an imaginative new platforming action game, Penny’s Big Breakaway, coming to Nintendo Switch™, PlayStation 5, Xbox Series X|S, and PC early next year.
"At Evening Star, we have a deep passion for expressive, character-driven games that focus on a concise and satisfying move-set.
Built on Evening Star’s proprietary own Star Engine, Penny’s Big Breakaway provides non-stop action as you try to escape the impending penguin horde in each level.

EBA issues Opinion on measures to address macroprudential risk following notification by the Swedish Financial Supervisory Authority (Finansinspektionen)

Retrieved on:

Tuesday, June 20, 2023

20 June 2023

Key Points:

20 June 2023
The European Banking Authority (EBA) today published an Opinion following the notification by the Swedish Financial Supervisory Authority, Finansinspektionen, of its intention to introduce a new measure in accordance with Article 458 of Regulation (EU) No 575/2013.
The measure introduces risk weights for targeting asset bubbles in the residential property and commercial immovable property sector in Sweden.
In its Opinion, addressed to the Council, the European Commission, and the Swedish Financial Supervisory Authority, the EBA acknowledged the concerns of Finansinspektionen over financial stability risks stemming from commercial real estate (CRE).
The EBA recognises that CRE activity levels in the Swedish economy have increased substantially in the last years, imposing a risk on financial stability.

Money market funds stress tests – overall resilience whilst LVNAVs exceed threshold in liquidity and credit risk scenarios

Retrieved on:

Sunday, June 11, 2023

MMF, National, Money market fund, COVID-19, ESRB, European Securities and Markets Authority, European Systemic Risk Board, European Central Bank, Risk, ECB, ESMA, Money, Calibration, Security (finance), Risk management, EU

Money market funds stress tests – overall resilience whilst LVNAVs exceed threshold in liquidity and credit risk scenarios

Key Points:

Money market funds stress tests – overall resilience whilst LVNAVs exceed threshold in liquidity and credit risk scenarios
The European Securities and Markets Authority (ESMA), the EU’s financial markets and securities regulator, has published an article on the results of the Money Market Funds (MMFs) stress tests reported to ESMA.
The results show that liquidity and credit risks would be the most impactful for MMFs, in the context of the adverse scenario.
The different redemption scenarios tested however show the capability of MMFs to meet redemption requests under adverse circumstances, despite a calibration reflecting the intensity of the March 2020 stress episode.
In the article ESMA also highlights the relative proximity of the LVNAV 20 bps threshold, which would be exceeded in the liquidity and credit risk scenarios.

ESMA launches Fifth Stress Test Exercise for Central Counterparties

Retrieved on:

Friday, June 2, 2023

European Market Infrastructure Regulation, European Systemic Risk Board, ESRB, Exercise, EMIR, Central counterparty clearing

launched its fifth Stress Test Exercise for Central Counterparties (CCPs) under the European Markets Infrastructure Regulation (EMIR). The CCP Stress Test framework is complemented by an adverse market scenario provided by the European Systemic Risk Board (ESRB).

Key Points:

launched its fifth Stress Test Exercise for Central Counterparties (CCPs) under the European Markets Infrastructure Regulation (EMIR). The CCP Stress Test framework is complemented by an adverse market scenario provided by the European Systemic Risk Board (ESRB).
-6
Place
Slide

After Us Now Available for PC, PlayStation 5, and Xbox Series X|S

Retrieved on:

Tuesday, May 23, 2023

Private Division and Piccolo Studio are proud to announce that After Us is now available on PC, PlayStation 5, and Xbox Series X|S.

Key Points:

Private Division and Piccolo Studio are proud to announce that After Us is now available on PC, PlayStation 5, and Xbox Series X|S.
This third-person adventure game combines platforming, puzzle solving, and Piccolo Studio’s signature style of emotional storytelling to create an unforgettable experience.
View the full release here: https://www.businesswire.com/news/home/20230523005173/en/
Private Division and Piccolo Studio are proud to announce that After Us is now available on PC, PlayStation 5, and Xbox Series X|S.
(Photo: Business Wire)
Private Division has made a charitable donation to The Nature Conservancy to celebrate the release of After Us.

ESAs publish Joint Annual Report for 2022

Retrieved on:

Saturday, May 27, 2023

Civil service commission, EIOPA, DORA, ESRB, EBA, Joint committee, European Systemic Risk Board, Joint Committee on Structural Safety, Annual report, SFDR, Digitalization, ESMA, European Commission, Cryptocurrency

23 May 2023

Key Points:

23 May 2023
The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today published its 2022 Annual Report, which provides an account of its joint work completed over the past year.
In 2022, under EIOPA’s chairmanship, the Joint Committee continued to play a coordinating role to facilitate discussions and the exchange of information across the three ESAs, the European Commission and the European Systemic Risk Board (ESRB).
The Joint Committee focused on issues of cross-sectoral relevance, such as joint risk assessment, sustainable finance, digitalisation, consumer protection, securitisation, financial conglomerates, and central clearing.
The Committee’s main deliverables concerned the Sustainable Finance Disclosure Regulation (SFDR) and the Digital Operational Resilience Act (DORA).

Put the Pedal to the Bricks: LEGO® 2K Drive Now Available Worldwide

Retrieved on:

Friday, May 19, 2023

View the full release here: https://www.businesswire.com/news/home/20230519005030/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230519005030/en/
Today, 2K Games and the LEGO Group announced LEGO® 2K Drive, the ultimate AAA driving adventure game, is now available worldwide for Nintendo Switch™, PlayStation®5 (PS5™), PlayStation®4 (PS4™), Xbox Series X|S, Xbox One, and PC via Steam and Epic Games Store.
LEGO 2K Drive will launch with incredible value, with a vast trove of playable (and replayable!)
Year 1 Drive Pass includes the Premium versions of Seasons 1-4 of the Drive Pass which unlocks additional premium rewards through gameplay.
Year 1 Drive Pass is included with LEGO 2K Drive Awesome Edition and Awesome Rivals Edition.

Morgan Stanley First Quarter 2023 Earnings Results

Retrieved on:

Wednesday, April 19, 2023

ESMA finds data quality significantly improves under new monitoring approach

Key Points:

<span class="field field--name-title field--type-string field--label-hidden">ESMA finds data quality significantly improves under new monitoring approach </span>
<span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>iris.hude@esma…</span></span>
<span class="field field--name-created field--type-created field--label-hidden">19 April 2023</span>

  &lt;div class=&quot;field field--name-field-news-section field--type-entity-reference field--label-hidden field__items&quot;&gt;
          &lt;div class=&quot;field__item&quot;&gt;&lt;a href=&quot;https://www.esma.europa.eu/press-news/esma-news?tid%5B0%5D=6206&quot; hreflang=&quot;en&quot;&gt;Market data&lt;/a&gt;&lt;/div&gt;
      &lt;/div&gt;

        &lt;div class=&quot;clearfix text-formatted field field--name-field-news-introduction field--type-text-long field--label-hidden field__item&quot;&gt;&lt;p&gt;The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the &lt;a href=&quot;https://www.esma.europa.eu/sites/default/files/2023-04/ESMA74-427-719_2022_Report_on_Quality_and_Use_of_Transaction_Data.pdf&quot;&gt;third edition of its Data Quality Report&lt;/a&gt; under the European Markets Infrastructure Regulation (EMIR) and the Securitised Financing Transactions Regulation (SFTR) reporting regimes. &lt;/p&gt;

</div>

        &lt;div class=&quot;clearfix text-formatted field field--name-field-news-body field--type-text-long field--label-hidden field__item&quot;&gt;&lt;p&gt;The report highlights the increased use of transaction data by EU financial regulatory authorities in their day-to-day supervision and identifies significant quality improvements following a new approach to data monitoring. In addition, it sets out how ESMA, together with the National Competent Authorities (NCAs), the European Central Bank (ECB) and the European Systemic Risk Board (ESRB), has incorporated key insights from its data monitoring in several internal workstreams. &lt;/p&gt;

<p>The new framework, adopted in 2022, takes a more data-driven and outcome-focused approach to data monitoring and to collaborating with the NCAs on data quality issues under EMIR and SFTR. </p>
<p>Specifically, it consists of two new elements: </p>
<ul><li>a centralised data quality dashboard with EU-wide indicators covering the most fundamental data quality aspects under EMIR;</li>
<li>a data sharing framework that enables relevant authorities to follow up with counterparties when potentially significant data quality issues are detected  </li>
</ul><p>New this year is the analysis of MiFiR transaction data from Authorized Reporting Mechanisms (ARMs) and Approved Publication Arrangements (APAs), following on from ESMA’s new supervisory powers over Data Reporting Services Providers (DRSPs).  </p>
<p>The methodology underlying the new approach is based on ESMA’s long-standing experience as supervisor of Trade Repositories (TRs) under EMIR and SFTR.</p>
<h4>Next steps   </h4>
<p>ESMA and the NCAs will continue to work on extending the new monitoring framework beyond EMIR and SFTR in 2023.  </p>
<p>Continued collaboration with NCAs and stakeholders such as Repositories, DRSPs and reporting entities is crucial to achieving further improvements to data quality under the relevant reporting regimes.</p>
<p> </p>
<p>Further information:</p>
<h6>Sarah Edwards</h6>
<p>Senior Communications Officer<br />
@ <a href="mailto:[email protected]">press@esma.europa.eu</a></p>
</div>

  &lt;div class=&quot;field field--name-field-news-document field--type-entity-reference field--label-hidden field__items&quot;&gt;
          &lt;div class=&quot;field__item&quot;&gt;

        &lt;div class=&quot;field field--name-field-document-reference field--type-string field--label-hidden field__item&quot;&gt;ESMA74-427-719&lt;/div&gt;

    &lt;/td&gt;

<td headers="view-title-table-column" class="views-field views-field-title">
<a href="https://www.esma.europa.eu/document/2022-report-quality-and-use-transact... rel="bookmark"><span class="field field--name-title field--type-string field--label-hidden">2022 Report on Quality and Use of Transaction Data</span>
</a>
</td>
<td class="views-field views-field-nothing">
<span class="download-single-button">
<a href="https://www.esma.europa.eu/sites/default/files/2023-04/ESMA74-427-719_20... rel="bookmark" download=""></a>
</span>
</td>
<td class="views-field views-field-field-main-document">
<input type="checkbox" class="filesToDownloadInZip" data-value="file:201246" /><label></label>
</td>
</tr></div>
</div>

        &lt;div class=&quot;field field--name-field-news-hearing field--type-entity-reference field--label-hidden field__item&quot;&gt;&lt;a href=&quot;https://www.esma.europa.eu/press-news/hearings/webinar-2022-esma-data-quality-report&quot; hreflang=&quot;en&quot;&gt;Webinar on the 2022 ESMA Data Quality Report&lt;/a&gt;&lt;/div&gt;

ESMA finds data quality significantly improves under new monitoring approach

Retrieved on:

Wednesday, April 19, 2023

ESMA finds data quality significantly improves under new monitoring approach

Key Points:

ESMA finds data quality significantly improves under new monitoring approach
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the third edition of its Data Quality Report under the European Markets Infrastructure Regulation (EMIR) and the Securitised Financing Transactions Regulation (SFTR) reporting regimes.
The report highlights the increased use of transaction data by EU financial regulatory authorities in their day-to-day supervision and identifies significant quality improvements following a new approach to data monitoring.
The new framework, adopted in 2022, takes a more data-driven and outcome-focused approach to data monitoring and to collaborating with the NCAs on data quality issues under EMIR and SFTR.
Specifically, it consists of two new elements:
- a centralised data quality dashboard with EU-wide indicators covering the most fundamental data quality aspects under EMIR;
- a data sharing framework that enables relevant authorities to follow up with counterparties when potentially significant data quality issues are detected
New this year is the analysis of MiFiR transaction data from Authorized Reporting Mechanisms (ARMs) and Approved Publication Arrangements (APAs), following on from ESMA’s new supervisory powers over Data Reporting Services Providers (DRSPs).

Luis de Guindos: Interview with Business Post

Retrieved on:

Thursday, March 30, 2023

Secondly, looking at the macroeconomic situation, there are no problems with respect to the competitiveness of European economies.

Key Points:

Secondly, looking at the macroeconomic situation, there are no problems with respect to the competitiveness of European economies.
For example, the balance of payments in Spain, Greece, Ireland, or Portugal are in a much better position.
It was a sort of whatever it takes in fiscal policy while monetary policy was very supportive too.
We have other difficulties now, but these can be addressed more easily than during the great financial crisis.
Are you more optimistic about Europe’s economic outlook than you were in the latter half of last year?
Nevertheless, growth numbers weren’t great, hovering around 1 per cent, while inflation was clearly more positive, especially headline inflation.
The question now is how the events in the US banking system and Credit Suisse will impact the euro area economy.
Over the next weeks and months, we need to assess whether they will give rise to an additional tightening of financing conditions.
So you are more optimistic about the inflationary environment, but things have changed with regards to financial stability?
Our impression is that they will lead to an additional tightening of credit standards in the euro area.
And perhaps this will feed through to the economy in terms of lower growth and lower inflation.
Do you have a time period within which you want to see that realistically happen?
We know it cannot be tomorrow, but it has to be within our projection horizon, which is a period of two years.
In the case of the US, Silicon Valley Bank had quite a unique business model.
*Ireland has seen an exit of domestic banks in recent years, and we are now down to two main pillar banks.
Because if you have for instance numerous players which are not very active or are weak, then that competition isn’t real.
*
My personal view is that the period of negative interest rates is over, at least in the medium term.