News Centre

FIA Statement On CFTC Commissioner Mark Wetjen’s Resignation

Date 14/08/2015

FIA President and CEO Walt Lukken released the following statement in response to CFTC Commissioner Mark Wetjen’s announcement that he would retire from the Commission on August 28, 2015.   

EBA Publishes Technical Advice On Protected Arrangements In A Resolution Situation

Date 14/08/2015

The European Banking Authority (EBA) issued today its Opinion on how to define what arrangements should be protected in a partial property transfer in resolution. The Opinion ensures full protection of well-established sources of refinancing such as secured debt, including securities lending and covered bonds, and of means of risk mitigation. The Opinion is issued today in response to a request for advice from the European Commission and it will inform its delegated acts on the classes of arrangements to be protected in a partial transfer of the property of a bank under resolution.

Platts: Global Petrochemical Prices Followed Crude Oil, Naphtha Lower In July - Cost Of Production Fell As Feedstock Prices Dropped

Date 14/08/2015

Prices in the $3-trillion-plus global petrochemicals market fell for the first time in five months in July, following the decline in the energy complex, according to the just-released monthly Platts Global Petrochemical Index (PGPI).  Petrochemical prices, expressed as a monthly average, fell $91 per metric ton (/mt) from June to $1,013/mt in July. The last time global petrochemical prices fell on a monthly average was January of this year, when prices fell 14% to $850/mt.

EBRD: Bank Deleveraging Slowed Down In Eastern Europe While Capital Outflows Moderated

Date 14/08/2015

Banks in Central, Eastern and Southeastern Europe (CESEE) reduced the pace of deleveraging in the first quarter of 2015 compared with the previous quarter, and the related capital outflows moderated. Credit growth continued to diverge across the CESEE region, according to the latest report from the Vienna Initiative Steering Committee.

Board Of Appeal Of The European Supervisory Authorities Dismisses Appeal By Romanian Insurer Against EIOPA Decision

Date 14/08/2015

The Board of Appeal of the European Supervisory Authorities (ESAs) has ruled against an appeal by Onix Asigurari SA, a Romanian insurer, on a decision by the European Insurance and Occupational Pensions Authority (EIOPA).

Statement Of CFTC Chairman Timothy G. Massad On The Resignation Of Commissioner Mark P. Wetjen

Date 14/08/2015

Commodity Futures Trading Commission Chairman Tim Massad today made the following statement on the resignation of CFTC Commissioner Mark P. Wetjen:

“I thank Mark Wetjen for his service to our nation and for the outstanding contribution he has made to the CFTC. When Mark arrived, the commission was just beginning the task of implementing the Congressional mandate to regulate the swaps market. Today, thanks to Mark's help, the Commission has a framework in place to make the swaps market more open, transparent and competitive. Mark has consistently provided a thoughtful, informed perspective on the issues facing the agency, and his dedication has been invaluable. On a personal note, I am grateful for the very constructive relationship we have, and in particular for the help and good counsel he has provided me as a result of having served as Acting Chairman before I was confirmed."

Vanguard Alternative Strategies Fund To Benchmark To New FTSE Index

Date 14/08/2015

• FTSE Russell pleased to support the growth of liquid alternative funds with a new index 
• New reference benchmark used for the launch of the Vanguard Alternative Strategies Fund  

CFTC Commissioner Mark P. Wetjen Announces His Resignation

Date 14/08/2015

Today, Commissioner Mark P. Wetjen announced his resignation from the U.S. Commodity Futures Trading Commission, effective August 28, 2015. Mr. Wetjen was unanimously confirmed by the Senate in October 2011 and served as Acting Chairman of the Commission from January 2014 to June 2014.

Malawi Stock Exchange Weekly Trading Report - 14th August, 2015

Date 14/08/2015

Click here to download the Malawi Stock Exchange's  weekly trading report for the week ending 14th August, 2015

Thai Bourse And AIMC Holds The Mutual Fund Fair From Aug 14-15

Date 14/08/2015

The Stock Exchange of Thailand (SET) continues to promote mutual fund investment among investors, through its cooperation with the Association of Investment Management Companies (AIMC), in the "Mutual Fund Fair" event, during August 14-15 at SET's building, encouraging Thais to gradually buy long-term equity funds (LTF) and retirement mutual funds (RMF) units.