News Centre

KBC Successfully Lists CRD IV-Compliant Additional Tier-1 Instrument For 1.4 Billion Euros On Euronext Brussels

Date 19/03/2014

Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange Group, Inc. (NYSE: ICE), today admitted to listing KBC Group’s 1.4 billion euros in non-dilutive, CRD IV-compliant Additional Tier-1 (AT1) securities on its regulated market in Brussels.

UK's Financial Conduct Authority: Besso Limited Fined For Anti-Bribery And Corruption Systems Failings

Date 19/03/2014

The Financial Conduct Authority (FCA) has fined Besso Limited £315,000 for a failure to take reasonable care to establish and maintain effective systems and controls for countering the risks of bribery and corruption.

Keynote Address At The Investment Company Institute 2014 Mutual Funds And Investment Management Conference - Craig M. Lewis, SEC Chief Economist And Director, Division Of Economic And Risk Analysis

Date 19/03/2014

Encouraging Economic Discourse

Thank you for inviting me here today to deliver the keynote address at this important conference.  I am particularly pleased to be sharing this honor with Norm Champ, the Director of the Division of Investment Management.  As I will touch on today, my Division’s work with him and his staff exemplifies the type of detailed and in-depth economic thinking that I believe currently is – and should continue to be – a hallmark of the SEC’s approach to rulemaking.  Before I go further, however, let me remind you that the remarks I make today are my own and do not necessarily reflect the views of the Commission, Commissioners, or of SEC staff.[1]

UK Government To Set Up Alan Turing Institute To Ensure Britain Leads The Way In Big Data And Algorithm Research.

Date 19/03/2014

The UK Minister of Finance, George Osborne, announced today that the government was establishing the Alan Turing Institute to ensure Britain leads the way in big data and algorithm research.

London Stock Exchange Consultation On The Market Structure For The Introduction Of An Intra-Day Auction For SETS Equities And IOB

Date 19/03/2014

London Stock Exchange is conducting a market consultation into potential enhancements to auctions on London Stock Exchange. This paper focuses on thepotential introduction of an intra-day auction for SETS equities.

Feedback from this consultation will be used to help define the future development of auction trading on London Stock Exchange.

California Attorney Sentenced To Prison In Scheme To Hide Millions In Secret Swiss Accounts At UBS AG and Pictet & Cie

Date 19/03/2014

California attorney Christopher M. Rusch was sentenced to serve 10 months in prison for helping his clients Stephen M. Kerr and Michael Quiel, both businessmen from Phoenix, hide millions of dollars in secret offshore bank accounts at UBS AG and Pictet & Cie in Switzerland, the Justice Department and the Internal Revenue Service (IRS) announced today.   U.S. District Judge James A. Teilborg also ordered Rusch to serve three years of supervised release following his prison sentence.   On Feb. 6, 2013, Rusch pleaded guilty to conspiracy to defraud the government and failing to file a Report of Foreign Bank and Financial Accounts (FBAR).   Kerr and Quiel were sentenced in September 2013 to each serve 10 months in prison after both were tried and convicted of filing false income tax returns for 2007 and 2008.   The jury also convicted Kerr of failing to file FBARs for 2007 and 2008.  

Portuguese Stock Exchange Presents Capital Markets To SMEs - 2nd Via Bolsa Conference

Date 19/03/2014

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced that for the second consecutive year, on 20 March 2014 in Porto, the Portuguese Stock Exchange will be presenting the capital markets as an alternative source that can and should be used more actively by enterprises , especially SMEs , in order to meet their development needs and financing options.

NYSE Liffe Sets Daily Volume Record In FTSE 100 Index Futures

Date 19/03/2014

IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that NYSE Liffe reached a daily volume record of 862,468 contracts in FTSE 100 Index futures on March 18, 2014. The previous record of 822,496 contracts was set on March 17, 2009.

Thai Alternative Bourse Aims To Strengthen Companies, List More Quality Firms

Date 19/03/2014

The Market for Alternative Investment (mai), under The Stock Exchange of Thailand (SET) group, will focus on increasing the number of quality listed companies, including ensuring that the companies which are not ready for listing and social enterprises (SEs)  can access funding conveniently, and boosting market capitalization, said  newly-appointed mai President Prapan Charoenprawatt.

Thomson Reuters Launches A Managed KYC Service In Partnership With Banks, Corporates And Asset Managers And In Consultation With Regulators - Thomson Reuters Transaction Services Limited, A FCA-Regulated Business, And Its 7,000 Bank And Buy-Side Clients Are Live On The Service

Date 19/03/2014

Thomson Reuters today launched a new solution to support financial institutions and their clients to increase efficiency and reduce costs in complying with Know Your Customer (KYC) requirements. Accelus Org ID was developed in partnership with leading financial institutions, corporations, asset managers and hedge funds and following discussions with nine regulators from key financial markets around the world. Providing a complete managed service covering the on-boarding of clients, risk categorization and risk screening, Accelus Org ID allows financial institutions to more effectively respond to new and ongoing regulatory requirements around the world.