The Bank of England, in co-ordination with the European Central Bank, is today announcing that in light of sustained improvements in funding market conditions it will suspend the Liquidity Facility in Euros (LiFE) at the end of September 2021.
Addressing climate change is a global challenge and a policy priority for the European Union. While governments and parliaments have the primary responsibility to act on climate change, within its mandate, the ECB recognises the need to further incorporate climate considerations into its policy framework.
The European Central Bank announced today that euro area banks it directly supervises may continue to exclude certain central bank exposures from the leverage ratio, as exceptional macroeconomic circumstances due to the coronavirus (COVID-19) pandemic continue.
The agreement will allow the banking and financial communities to directly access EBA Clearing’s RT1 and ECB’s TIPS via Volante’s SEPA Instant Payments as a Service and SIAnet’s network infrastructure.
Welcome to #DisruptionBanking—a Digital StartUp platform dedicated to new age banking, financial technology and the emerging markets between them. Join our global readership to keep up to date with the latest business, tech and partnership models.