News Centre

DataArt Updates Free Application To Help Clients Meet AIFMD Requirements - Front-End Application Streamlines Automated AIFMD Filing For Fund Managers

Date 16/09/2014

DataArt, a custom software development company that builds advanced solutions for select industries, has unveiled an update to its free front-end application for its global fund manager clients, to help meet the requirements of the Alternative Investment Fund Managers Directive (AIFMD) that took effect in July 2013.

Ortec Finance Partners With Vermilion Software To Provide Enhanced Performance Attribution Reporting Capabilities

Date 16/09/2014

Ortec Finance, a global provider of technology and advisory services for financial risk and return management, today announced its partnership with Vermilion Software, a leading global provider of client reporting and communications technology and services to the financial asset management industry. The partnership provides Ortec Finance’s industry-leading performance attribution capabilities with a single client reporting and communications solution for its clients worldwide that is designed to easily integrate into existing business processes. 

Osaka Exchange: Partial Revisions To The Enforcement Rules For Business Regulations In Connection With Termination Of Position Transfers With Liffe

Date 16/09/2014

Osaka Exchange, Inc. (OSE) will partially revise the Enforcement Rules for Business Regulations as below. The revision follows the termination of the position transfer arrangement (link) between OSE and LIFFE Administration and Management (Liffe) due to the delisting of 10-year JGB futures and TOPIX futures contracts from the Liffe market.

Xetra/Börse Frankfurt: New Amundi ETF Launched In XTF Segment On Xetra - ETF Provides First Access To Multi-Strategy Approach Of Scientific Beta Index Family

Date 16/09/2014

A new exchange-listed index fund issued by Amundi has been tradable in Deutsche Börse’s XTF segment since Tuesday. 

Tokyo Financial Exchange: FIA Japan Newsletter September 2014 Edition Released

Date 16/09/2014

The Futures Industry Association of Japan has released the September 2014 edition of its bimonthly newsletter. 

UK’s Financial Conduct Authority: Financial Adviser Banned And Fined £300,000 After Clients Lost Out Investing In Companies He Controlled

Date 16/09/2014

Between 2004 and 2010, Peter Carron, formerly a senior partner at St James’s Place Wealth Management Plc (St James’s Place), advised 11 clients to invest a total of £2.4m in three companies of which he was director and majority shareholder without adequately disclosing this fact to them. The clients later lost approximately £2.2m when the companies went into liquidation between May and August 2010. St James’s Place subsequently paid these 11 investors £1.9m in compensation.

London Stock Exchange Announces Improvements To SETSqx Trading Service

Date 16/09/2014

• Standardising auction call periods and timings
• Introducing closing price crossing session mirroring the SETS closing auction process
• Improvements designed to stimulate liquidity and improve customer experience of trading in auctions

Bank Of England Quarterly Bulletin 2014 Q3

Date 16/09/2014

A major development in UK household balance sheets in the decade before the financial crisis was the build up of household debt, which as a share of income rose from around 100% in 1999 to a peak of 160% in 2008. Understanding how households with debt respond to shocks has important implications for both financial stability and monetary policy and informed the policy actions of the Financial Policy Committee (FPC) in June 2014. Those measures were designed to insure against the risks from a further significant increase in the number of highly indebted households. 

TheCityUK: UK Competitiveness Tracker - September 2014

Date 16/09/2014

TheCityUK's UK Competitiveness Tracker reviews the movement in a comprehensive range of financial services indicators as well as broader indicators of UK competitiveness that impact on the UK's position as a leading international financial centre.

Eight Repeat Offenders On Pay But Progress On Audit, Shows NAPF 2014 AGM Report

Date 16/09/2014

The National Association of Pension Funds (NAPF) today (Tuesday) published its second Annual General Meeting (AGM) Season Report. The NAPF represents the interests of its pension fund members as investors and we believe high standards of corporate governance lead to better run, more stable and more valuable companies, creating better outcomes for pension funds and their scheme members.