News Centre

FSB And IOSCO Propose Assessment Methodologies For Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions

Date 04/03/2015

The Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO) are publishing today for second public consultation Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions (NBNI G-SIFIs). The proposed methodologies for identifying NBNI G-SIFIs complement the methodologies for identifying G-SIFIs that currently cover banks and insurers, and take into account responses received on the first consultative document issued on 8 January 2014.

ECB Takes Note Of General Court Judgment On Location Policy For CCPs

Date 04/03/2015

• The ECB takes note of the judgment of the General Court on the location policy for CCPs established in its Oversight Policy Framework

• The ECB will carefully examine the judgment and decide on its future actions

• The ECB has been and remains fully committed to enhancing cooperation amongst authorities for CCPs with significant cross-border systemic risk implications

TABB Group Analyzes Current State Of SEC’s Consolidated Audit Trail (CAT) in First Of Three-Part Research Series - Final Selection Of Six CAT Bidders By 10 Self-Regulatory Organizations (SROs) Now Expected No Sooner than Early 2016

Date 04/03/2015

In the first of a comprehensive, three-part research series published today, TABB Group analyzes the current state of the Consolidated Audit Trail (CAT) selection process, mandated two years after the Flash Crash by the SEC in July 2012 through Rule 613. 

Ljubljana Stock Exchange Monthly Statistical Report For February 2015

Date 04/03/2015

Click here to download Ljubljana Stock Exchange's monthly report.

FSB RCG Asia Meets In Bohol, Philippines

Date 04/03/2015

Today, the Bangko Sentral ng Pilipinas (central bank of the Philippines) hosted the eighth meeting of the Financial Stability Board (FSB) Regional Consultative Group for Asia in Bohol, Philippines.

TheCityUK Responds To ECJ Ruling On Clearing Houses

Date 04/03/2015

Chris Cummings, Chief Executive of TheCityUK said:

“The UK Government was right to bring a legal challenge against the ECB’s policy to bring euro clearing houses into the Eurozone. The ability to bring these challenges is a legitimate option for all Member States and demonstrates the strength of the system. Given London, as Europe’s financial centre, clears more euro-denominated transactions than anywhere in the EU, today’s ruling by the ECJ is a good outcome for Europe.

The General Court Annuls The Eurosystem Oversight Policy Framework Published By The ECB, Which Requires Central Counterparties To Be Located In The Eurozone - The ECB Does Not Have The Competence Necessary To Impose Such A Requirement On Central Counterparties Involved In The Clearing Of Securities

Date 04/03/2015

The Eurosystem comprises the European Central Bank (ECB) and the national central banks ofthe Member States that have adopted the euro as a common currency. On 5 July 2011, the ECB published on its website the Eurosystem Oversight Policy Framework, which describes the Eurosystem’s role in the oversight of ‘payment, clearing and settlement systems’. According to the ECB, the oversight of those systems and that infrastructure as a whole stems from the task assigned to it by the FEU Treaty of promoting the smooth operation of payment systems and from Article 22 of the Statute of the European System of Central Banks and of the ECB, which provides that ‘the ECB may make regulations, to ensure efficient and sound clearing and payment systems within the Union and with other countries’.

SGX Sees Volume Growth Year-On-Year In February

Date 04/03/2015

Singapore Exchange (SGX) reported year-on-year growth in trading volumes and market activities for February.  Volumes were down month-on-month as February 2015 had 18 trading days compared to 21 trading days in January 2105 and 20 days in February 2014.

DFM Accredits “Securities & Investment Company UAE” For Direct Market Access (DMA)

Date 04/03/2015

Dubai Financial Market (DFM) today announced that “Securities & Investment Company UAE” has been accredited to provide Direct Market Access (DMA) for global brokers lifting the number of DMA service providers to 10 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).

Investor Activity On WSE Markets: February 2015

Date 04/03/2015

• The total value of trading in equities on the Main Market was PLN 16.1 billion in February 2015, a decrease of 12.6% year on year.
• The total value of trading on NewConnect was PLN 167.1 million in February 2015, an increase of 53.4% year on year.
• The value of bond issues listed on Catalyst was PLN 63.6 billion at the end of February 2015, an increase of 6.0% year on year.
• The total volume of trading in electricity was 14.5 TWh in February 2015, a decrease of 10.5% year on year.
• The volume of trading in property rights to certificates of origin increased by 12.1% year on year to 5.5 TWh in February 2015.
• The total volume of spot and forward trading in gas was 12.4 TWh in February 2015, compared to 0.2 TWh in February 2014.