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Dubai Financial Market Board Of Directors' Meeting
Date 22/07/2015
The Board of Directors' of Dubai Financial Market PJSC will hold a Board Of Directors' Meeting on Monday 27 July 2015, at 2:00 PM at Borse Dubai to discuss the financial performance of the company and approve the review report and condensed consolidated interim financial information for the six month period ended 30 June 2015, as well as discuss normal business activities and any business issues as arise.
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Shenzhen Stock Exchange Market Bulletin 20 July, 2015, Issue 11
Date 22/07/2015
Last week, Shenzhen Component Index stood at 13005.0 points after adding 8.0%. SME Index edged up 9.3% to 8742.1 points. ChiNext Index advanced 9.8% to 2783.3 points. Total turnover for stocks and funds on SZSE was US$429.1 billion, or a 26.9% increase from the week before.
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EBA Identifies Divergent Supervisory Practices In The Implementation Of Its Guidelines On The Assessment Of The Suitability Of Members Of The Management Body And Key Function Holders
Date 22/07/2015
The European Banking Authority (EBA) published today its peer review report on the assessment of the suitability of members of the management body and key function holders. The report shows that National Competent Authorities (NCAs) largely comply with the EBA guidelines. The EBA analysis identified best practices carried out by some NCAs, but also highlighted significant differences remaining between NCAs' supervisory approaches. The EBA concluded that the existing EBA guidelines have not led to sufficient convergence in supervisory practices, and proposed the incorporation in its forthcoming review of the guidelines of a number of specific best practices observed. The EBA also intends to send an opinion to the European Commission suggesting a change in the underlying Capital Requirements Directive (CRD) framework.
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ESMA Publishes Responses Received To The Draft Guidelines On Knowledge And Competence
Date 22/07/2015
The responses are available on the consultation page.
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Euronext Wins Court Case VS. TOM And Binckbank
Date 22/07/2015
Euronext welcomes the verdict by the District Court in the Hague, the Netherlands, in the proceedings on the merits against TOM and BinckBank, which upheld Euronext’s claim that TOM had breached its various intellectual property rights by trademark infringement, database infringement, breach of contract and publishing misleading information and activities for investors. The Court has awarded the majority of Euronext’s claims, after Euronext was already vindicated in the summary proceedings. The Court found that TOM’s and BinckBank’s claims that their systems offer the best price are “misleading statements” and should therefore be removed from the websites of both companies. Moreover TOM and BinckBank both have to place an announcement regarding misleading advertisement of their Smart Order Router on the websites of Alex, BinckBank and TOM.
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ESMA To Delay Publishing Opinion And Advice Under Article 67(1) Of The AIFMD
Date 22/07/2015
The European Securities and Markets Authority (ESMA) is still in the process of finalising its opinion and advice to the European Commission, Council and Parliament on Article 67 (1) of the Alternative Investment Fund Managers Directive (AIFMD) and intends to publish them during the week beginning 28 July rather than on 22 July as previously expected.
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ACER Publishes The Report On Unit Investment Costs For Electricity And Gas Infrastructure
Date 22/07/2015
ACER publishes today the report on unit investment cost indicators and corresponding reference values for electricity and gas infrastructure. The report is the result of collaborative work carried out by national regulatory authorities (NRAs) cooperating in the framework of the Agency.
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MGEX Reports Top 15 Electronic Daily Volume From Tuesday
Date 22/07/2015
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports an electronic volume of 16,821 from Tuesday,making it the 12th-best day on the electronic daily volume charts.
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smartTrade Technologies Wins Best Liquidity Aggregation System e-FX Award
Date 22/07/2015
smartTrade Technologies announces that LiquidityFX, its end-to-end FX trading solution for buy side, brokers and sell side, has been awarded best liquidity aggregation platform by the e-FX Awards 2015 judging panel.
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Tikehau Bolsters European Credit Business Team With New London Hire
Date 22/07/2015
Following the successful launch of its first €354.7m European CLO in July 15th 2015, Tikehau is pleased to announce the appointment of Alison Goold as a Portfolio Manager in the European CLO business, which is headed up by Debra Anderson.
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