CRR

ALX Oncology Reports Encouraging Clinical Data of Evorpacept in Combination with Standard-of-Care in an Ongoing Phase 1/2 Clinical Trial in Patients with Relapsed or Refractory B-cell Non-Hodgkin Lymphoma (“R/R B-NHL”)

Retrieved on: 
Tuesday, April 9, 2024

SOUTH SAN FRANCISCO, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- ALX Oncology Holdings Inc., (“ALX Oncology” or “the Company”) (Nasdaq: ALXO), an immuno-oncology company developing therapies that block the CD47 immune checkpoint pathway, today reported encouraging clinical data from the ongoing Phase 1/2 investigator-sponsored trial (“IST”) of evorpacept in combination with R2 in patients with indolent and aggressive R/R B-NHL. The new data were presented in an oral presentation at the 2024 American Association for Cancer Research (“AACR”) Annual Meeting.

Key Points: 
  • The new data were presented in an oral presentation at the 2024 American Association for Cancer Research (“AACR”) Annual Meeting.
  • Patients received evorpacept 30 mg/kg Q2W (n=3) or 60 mg/kg Q4W (n=17) in combination with standard R2 treatment.
  • “We are pleased evorpacept in combination with R2 demonstrated a favorable safety profile and encouraging response in this patient population.
  • We look forward to applying these and other clinical trial data to inform new evorpacept combinations in our expanding pipeline.

Veritext Legal Solutions Offers Webinar on “AI and the Record for Reporters and Videographers”

Retrieved on: 
Thursday, March 28, 2024

The webinar will take place on Thursday, April 4, at 7:30 p.m. EDT and is a 90-minute presentation.

Key Points: 
  • The webinar will take place on Thursday, April 4, at 7:30 p.m. EDT and is a 90-minute presentation.
  • This webinar will provide attendees with an overview of the role of AI in legal settings, how it’s shaping portions of the legal landscape and critical considerations for ethical usage and practice.
  • “Technology can’t replace or replicate the value that a trained officer of the court provides,” states Murray.
  • “Our most technologically advanced solutions rely on trained professional reporters to create and preserve the record and certify its accuracy.

Capitalize Releases New 401(k) Statistics Tracker Providing Insights Into Broader 401(k) and Retirement Savings Trends Across the Country

Retrieved on: 
Wednesday, March 20, 2024

Capitalize , the award-winning platform to find and transfer retirement accounts, today released its new 401(k) Statistics Tracker in collaboration with the Center for Retirement Research (CRR).

Key Points: 
  • Capitalize , the award-winning platform to find and transfer retirement accounts, today released its new 401(k) Statistics Tracker in collaboration with the Center for Retirement Research (CRR).
  • The collaboration stems from shared missions: to facilitate data-driven discussion in the retirement savings market and empower workers to grow their retirement savings.
  • The new Capitalize 401(k) Statistics Tracker provides and analyzes data from a range of sources, including public, proprietary, and institutional data, in order to surface insights representative of the broader retirement savings landscape in one place.
  • “We hope the Capitalize 401(k) Statistics Tracker will foster dialogue leading to more positive outcomes in retirement.”
    To date, the Capitalize 401(k) Statistics Tracker has highlighted a range of metrics that underscore ongoing progress in 401(k) access, balances, and contributions.

Kezar Life Sciences Reports Fourth Quarter and Year End 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, March 14, 2024

(Nasdaq: KZR), a clinical-stage biotechnology company developing breakthrough treatments for immune-mediated and oncologic disorders, today reported financial results for the fourth quarter and year ended December 31, 2023 and provided a business update.

Key Points: 
  • (Nasdaq: KZR), a clinical-stage biotechnology company developing breakthrough treatments for immune-mediated and oncologic disorders, today reported financial results for the fourth quarter and year ended December 31, 2023 and provided a business update.
  • Research and development (R&D) expenses for the fourth quarter of 2023 increased by $7.7 million to $22.6 million, compared to $14.9 million in the fourth quarter of 2022.
  • General and administrative (G&A) expenses for the fourth quarter of 2023 increased by $0.6 million to $5.8 million compared to $5.2 million in the fourth quarter of 2022.
  • Restructuring and impairment charges for the fourth quarter of 2023 were $6.2 million.

GenSight Biologics Announces Initial Results from New Meta-Analyses on Visual Outcomes with LUMEVOQ® Gene Therapy at NANOS 2024

Retrieved on: 
Tuesday, March 12, 2024

The meta-analyses are the first to focus solely on patients with the m.11778G>A ND4 mutation, which is the most common mutation and one with a poor visual prognosis1.

Key Points: 
  • The meta-analyses are the first to focus solely on patients with the m.11778G>A ND4 mutation, which is the most common mutation and one with a poor visual prognosis1.
  • This gradient of recovery, based on the CRR measure of visual improvement, is observed at both eye level and patient level (response in one or both eyes).
  • There is no overlap in confidence intervals when LUMEVOQ® is compared to idebenone and to natural history, indicating a positive difference in visual outcomes.
  • Follow-up of patients in the Phase III REFLECT study of LUMEVOQ® is ongoing, with topline results at Year 4 of follow-up expected this month.

Cboe Clear Europe Secures Support of Additional Key Participants for Launch of Securities Financing Transactions Clearing Service

Retrieved on: 
Thursday, April 4, 2024

Brings total number of launch participants to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians

Key Points: 
  • Brings total number of launch participants to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians
    Launch on track for Q3 2024, subject to regulatory approvals
    AMSTERDAM and LONDON, April 4, 2024 /PRNewswire/ -- Cboe Clear Europe, Cboe's Amsterdam-based pan-European clearing house, today announced that it has secured the support of additional participants to support the launch of its Central Counterparty (CCP) clearing service for securities financing transactions (SFTs).
  • Their commitment brings the total number of launch participants for the SFT clearing service to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians.
  • Alessandro Cozzani, Managing Director, Bank of America, said: "We are excited to embark on this journey with Cboe Clear Europe.
  • At launch, Cboe Clear Europe will be the only pan-European CCP offering these consolidated services for SFTs in European cash equities and ETFs."

Complementary cost-benefit assessment on the Integrated Reporting Framework - Closer alignment with FINREP solo

Retrieved on: 
Friday, April 5, 2024

Complementary cost-benefit assessment on the Integrated Reporting Framework ?

Key Points: 
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ?
      Executive summary

      2

      towards closer alignment of the two frameworks, rather than implementing all
      changes at once.

    • Complementary cost-benefit assessment on the Integrated Reporting Framework ?
      Executive summary

      3

      1

      Introduction
      The complementary IReF cost-benefit assessment (CBA) followed an earlier
      consultation on an initial CBA that was launched in 2020.

    • The report summarises the feedback received from the banking industry on the
      possible closer alignment of the IReF with FINREP solo.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ?
      Introduction

      4

      2

      General question on closer alignment
      with FINREP solo
      Closer alignment between the IReF and FINREP solo could allow more substantial
      use of the IReF dataset for supervisory purposes, with the potential benefit of
      reducing ad hoc requests to reporting agents due to a more analytical and stable
      dataset.

    • The ECB legal framework for collecting FINREP solo information (Regulation (EU)
      2015/34)4 currently sets up four different levels of reporting for proportionality
      measures:
      ?

      FINREP data points;

      ?

      over-simplified FINREP;

      ?

      simplified FINREP;

      ?

      full FINREP.

    • Closer alignment does not mean that data
      under the IReF will be collected from reporting agents at the level of the legal entity
      in its entirety.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ? General
      question on closer alignment with FINREP solo

      5

      Chart 2.1
      General assessment on closer alignment between the IReF and FINREP solo

      Notes: The percentages are calculated for each driver as the simple average of the corresponding frequencies across euro area
      countries.

    • See Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of
      the IReF Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results
      are calculated.
    • Members also raised the point that IReF
      information required for closer alignment with FINREP solo would only be collected
      from institutions that are currently subject to FINREP solo reporting.
    • The open text comments that were received in the complementary CBA show that
      different approaches to reporting at the level of the reporting agent may result in
      different expectations regarding closer alignment.
    • There
      were also several comments regarding the frequency and timeliness of the reporting
      of attributes needed for closer alignment with FINREP.
    • Many comments questioned which accounting standards will underpin IReF
      reporting, as those applicable to statistical reporting are often different from those
      relating to FINREP solo reporting.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ? General
      question on closer alignment with FINREP solo

      7

      3

      Extensions related to concepts already
      available in the IReF baseline scenario
      The IReF baseline scenario includes several accounting concepts that only apply to
      specific financial instruments.

    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ? Annex A
      Results by type and size of respondent

      57

      ? European Central Bank, 2024
      Postal address
      Telephone
      Website

      60640 Frankfurt am Main, Germany
      +49 69 1344 0
      www.ecb.europa.eu

      All rights reserved.

The Eurosystem Integrated Reporting Framework ‒ an overview

Retrieved on: 
Friday, April 5, 2024

The Eurosystem Integrated

Key Points: 
    • The Eurosystem Integrated
      Reporting Framework ? an overview
      1

      Background
      European Union (EU) banks face a whole range of data reporting obligations,
      including for statistical, resolution and prudential information.

    • Existing ECB statistical regulations specify the information that must be reported, but
      not how the actual reporting process is to be carried out.
    • The Eurosystem Integrated Reporting Framework ? an overview

      1

      submitted by reporting agents to NCBs.

    • This arrangement dates back to when the ECB was set up in 1998 and was justified
      at the time, as it meant that statistical reporting could be founded on well-established
      national reporting frameworks.
    • Figure 1
      Current Eurosystem approach to collecting statistical information from banks

      Banks

      NCBs

      ECB

      Transformations by banks

      Transformations by NCBs
      Country A

      BSI & MIR

      Integrated approach
      ?

      SHS

      Country B

      Operational
      systems

      Monetary data

      b.o.p., i.i.p &
      sector accounts

      Credit register
      Sector accounts

      AnaCredit
      b.o.p.

    • Under the new paradigm, cross-border banks could unify the
      technical specifications of their reporting for all their European entities.
    • 2

      The scope of the IReF
      The IReF seeks to integrate existing ESCB statistical data requirements for banks as
      far as possible into a single, standardised reporting framework applicable across the
      euro area.

    • The feasibility of aligning the IReF
      more closely with the Financial Reporting (FINREP) requirements applicable at solo
      level11 is also being assessed.
    • Some NCBs have
      developed an integrated reporting framework for investment funds (covering both
      MMFs and non-MMFs).
    • The Eurosystem reviewed the results of the CBA to identify optimal features for
      banks, the Eurosystem and its users.
    • This time frame will give reporting agents and the Eurosystem enough lead time to
      prepare the legal and technical framework without unduly delaying the expected
      reduction in the reporting burden.
    • 16

      See ?On a Feasibility Study of an Integrated Reporting System under Article 430c CRR?, EBA, 2021;
      and ?The EBA?s feasibility study on integrated reporting system provides a long-term vision for
      increasing efficiencies and reducing reporting costs?, EBA, December 2021.

    • The Eurosystem is already cooperating closely with the banking industry to optimise
      reporting and reduce the overall reporting burden via the Banks? Integrated Reporting
      Dictionary (BIRD).19 BIRD offers a redundancy-free source (i.e.
    • The IReF describes statistical requirements in a redundancy-free layer
      and will represent future statistical reporting obligations issued by the ECB and
      applicable to Eurosystem banks.
    • Data quality should increase and costs decrease, as the BIRD input layer would
      provide a comprehensive and flexible tool to support data reporting.

The EBA consults on draft technical standards on off-balance sheet items under the standardised approach of credit risk

Retrieved on: 
Tuesday, April 2, 2024

The EBA consults on draft technical standards on off-balance sheet items under the standardised approach of credit risk

Key Points: 
  • The EBA consults on draft technical standards on off-balance sheet items under the standardised approach of credit risk
    - The EBA plays an important role in the implementation of the Basel III framework through the Banking Package in the EU.
  • - These draft technical standards are part of the first phase of the EBA roadmap on the implementation of the EU Banking Package.
  • - These draft technical standards will contribute to a more a robust regulatory framework, efficient supervision, and enhanced risk control by credit institutions.
  • The European Banking Authority (EBA) today launched a public consultation on its draft Regulatory Technical Standards (RTS) under the Capital Requirements Regulation (CRR3) regarding off-balance sheet items under the standardised approach of credit risk.