Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Gulf Petrochem To Launch First Indian Focused Real Estate Fund Under DIFC's Exempt Fund Regime

    Date 29/04/2015

    • GP commits US$10 million as seed capital to Fund; aims to raise US$100 million
    • DIFC's Exempt Fund tailored to provide professional and institutional investors with unique and tax efficient access to diversified portfolio of professionally managed 'Grade A' real estate assets in compliance with the Indian Government's Foreign Direct Investment (FDI) programme

  • EBA Consults On A Revised Data Template For The Identification Of G-SIIS

    Date 29/04/2015

    The European Banking Authority (EBA) launched today a consultation to update its data template for the identification of global systemically relevant institutions (G-SIIs). The need for this revision was prompted by the new data template and some minor revisions introduced by the Basel Committee on Banking Supervision (BCBS) in January 2015 for the identification of global systemically important banks (G-SIBs). The consultation runs until 20 May 2015.
     

  • SEC Charges Santa Barbara-Based Hedge Fund Firm, Executives, And Auditor For Improper Expense Allocations

    Date 29/04/2015

    The Securities and Exchange Commission today announced charges against a Santa Barbara, Calif.-based hedge fund advisory firm and two executives involved in improper allocations of fund assets to pay undisclosed operating expenses.  The SEC also charged an accountant who conducted the outside audit of misleading financial statements that the firm sent to investors.

  • EBA Acknowledges Notification From The Bank Of Greece

    Date 29/04/2015

    The EBA acknowledges notification from the Bank of Greece with respect to its decision on Resolution of Panellinia Bank S.A. 

  • Improving Transparency For Executive Pay Practices, SEC Commissioner Luis A. Aguilar, April 29, 2015

    Date 29/04/2015

    Today, as part of a series of Congressionally-mandated rules to promote corporate accountability, we consider proposed rules to put a spotlight on the relationship between executive compensation and a company’s financial performance. It is well known that the compensation of corporate executives has grown exponentially over the last several decades, and continues to do so today. It is also commonly accepted that much of that growth reflects the trend towards equity-based and other incentive compensation, which is thought to align the interests of corporate management with the company’s shareholders. Specifically, the idea is that stock options, restricted stock, and other incentive-based compensation encourages management to work hard to improve their company’s performance, because managers will share in the wealth along with shareholders when stock prices rise.