News Centre

Rupee Depreciation Hurts India Business Confidence - MNI India Business Sentiment At Lowest Since February 2014

Date 23/09/2015

A lower proportion of companies were optimistic about the current business environment in September as subdued foreign demand and a sharp depreciation in the rupee offset the positive impact of lower inflation on business sentiment. The MNI India Business Sentiment Indicator, a gauge of current sentiment among BSE-listed companies, fell to 61.4 in September from 62.3 in August. 

RHB Securities Singapore Pte. Ltd. Selects Trading Technologies’ X_TRADER® ASP Platform

Date 23/09/2015

Trading Technologies International, Inc. (TT), a provider of high-performance professional trading software, and RHB Securities Singapore Pte. Ltd. (RHB Sec) announced RHB Sec is now a participating broker in TT's global X_TRADER ASP service, formerly known as MultiBroker. Customers may select and route orders to RHB Sec through TT’s global trading network, which provides direct market access (DMA) to 45 markets across five continents.

Dubai Financial Services Authority: Public Holiday Notification

Date 23/09/2015

To mark the occasion of Eid Al Adha, the DFSA offices will be closed from Wednesday, 23rd September to Thursday, 24th September. The DFSA offices will reopen on Sunday, 27th September 2015.

New Zealand's Financial Markets Authority: Third Director Sentenced In OPI Pacific Finance Case

Date 23/09/2015

A former director of OPI Pacific Finance Limited, Craig Robert White, has today been sentenced in the Auckland High Court.

IIROC Announces New Proficiency Assurance Model

Date 22/09/2015

The Investment Industry Regulatory Organization of Canada (IIROC) today announced a new proficiency assurance model designed to ensure the highest level of professionalism among those licensed by IIROC.

Haskayne School of Business And The Alberta Securities Commission Publish Inaugural “Alberta Women On Boards” Index

Date 22/09/2015

The University of Calgary’s Haskayne School of Business (Haskayne) and the Alberta Securities Commission (ASC) today announced the results of the first “Alberta Women on Boards” Index. 

IIROC’s Submission To The Ontario Government’s Consultation On Financial Advisory And Financial Planning Policy Alternatives​ ​

Date 22/09/2015

Introduction

IIROC is a national public interest self-regulatory organization, with offices in Toronto, Montreal, Calgary and Vancouver, overseeing all investment dealers and trading activity on debt and equity markets across Canada. Our jurisdiction extends to approximately 180 investment dealers and their roughly 28,000 individual registrants - almost 14,000 of whom are in Ontario. Our employees are on the front lines, setting and enforcing rules regarding the proficiency, business and financial conduct of IIROC-regulated firms and their registered employees. 

Eagle Investment Systems LLC: Survey Reveals Urgency Of Data Governance Projects Among Financial Services Firms, Though Formal Initiatives Still Largely Nascent Across Industry

Date 22/09/2015

Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, together with WatersTechnology, has released a white paper offering new research on where the market currently stands in relation to the implementation of formal data governance policies. The research reveals that only a small minority of global financial services firms can claim to have a mature data governance strategy in place. However, the survey also found that more than 80% of survey respondents believe their organizations recognize the value of data as an asset and over 40% view the implementation of a formal data governance strategy as an immediate priority.

The Importance Of Being Earnest[1] About Liquidity Risk Management, SECCommissioner Luis A. Aguilar, Sept. 22, 2015

Date 22/09/2015

The fund industry has witnessed substantial changes in recent years, including the rise of novel investment strategies, a growing use of derivatives, and an increased focus on assets that, traditionally, have been less liquid.  Unfortunately, it appears that not all funds’ liquidity risk management practices have kept pace with these developments.

SIFMA AMG Statement On SEC Proposed Rules For Liquidity Risk Management Programs

Date 22/09/2015

SIFMA’s Asset Management Group (SIFMA AMG) issued the following statement from Timothy Cameron, managing director and head of SIFMA AMG, after the Securities and Exchange Commission (SEC) announced proposed rules for liquidity risk management programs for asset managers of mutual funds and other open-ended investment funds: 

"SIFMA AMG supports the Securities and Exchange Commission’s review of asset manager products and activities and shares the SEC’s goal of promoting resiliency and transparency in the capital markets. These rules have the potential to provide asset managers with important new tools to complement existing robust practices for managing assets in a stressed market environment.