India Regulator Eyes Derivatives Trading Tweaks

The FDIC has rejected Citigroup's "living will," a plan for orderly winding down in a crisis, due to data control issues. The decision raises concerns about Citigroup’s ability to resolve itself safely. Citigroup stated, "We continue to invest in modernizing our infrastructure." Despite the rejection, Citigroup emphasized its financial health, noting strong capital and liquidity. The bank remains confident it can be resolved without taxpayer funds. This decision follows ongoing regulatory challenges regarding Citigroup's data management, with new directives issued in February.

Euronext unveiled the MyEuronext Portal, a new digital solution for debt listing agents and issuers. This platform streamlines the submission of Final Terms and Pricing Supplements for bond listings. The MyEuronext Portal offers a single entry point for listing procedures, enhancing security and traceability. It also supports scalability and cost reduction for issuers. Mathieu Caron, Head of Primary Markets at Euronext, stated, "The new rules and MyEuronext Portal improve our market’s competitiveness with secure and efficient listing services."