News Centre

HKEx: Notice Of Adjustment To Conversion Price Of The Bonds

Date 26/02/2014

Reference is made to the Bonds issued by the Issuer and unconditionally and irrevocably guaranteed by the Guarantor, constituted under the trust deed dated 23 October 2012 (as amended  and  restated  effective 17 December 2012) as announced  by the  Guarantor on 25  September and  24  October  2012,  and by the Guarantor and the  Issuer  jointly  on 17  December 2012.

NZX: Independent Research On Genesis Energy

Date 26/02/2014

NZX intends to facilitate independent analyst research on Genesis Energy to ensure that research is freely and widely available to the public.

Tokyo Stock Exchange: New ETFs Included In Real-Time Dissemination Of "TSE Indicative NAV"

Date 26/02/2014

Tokyo Stock Exchange, Inc. (TSE) will newly calculate and publish the real-time Indicative Net Asset Value (Indicative NAV) per share for the below Exchange Traded Funds (ETFs) on our website beginning February 26, 2014.

HKEx 2013 Final Results

Date 26/02/2014

Profit attributable to shareholders increased by 11 per cent or $468 million from $4,084 million in 2012 to $4,552 million in 2013. The majority of this increase was attributable to the LME business, acquired in December 2012, which contributed a full year’s profit of $326 million in 2013 (2012: $19 million). Increased trading fees from higher trading volumes on the Stock Exchange and the Futures Exchange were offset by weaker net investment income, higher depreciation and amortisation, and finance costs incurred for funding the acquisition of the LME Group. 

Self-Managed Superannuation Funds And Complex Products: ASIC Update - A Speech By Greg Tanzer, Commissioner, Australian Securities And Investments Commission At The SMSF Professionals’ Association Of Australia (SPAA) Conference, 21 February 2014.

Date 26/02/2014

Introduction

Statement On The Re-Opening Of The Comment Period For Asset-Backed Securities Disclosure And Registration, SEC Commissioner Michael S. Piwowar

Date 25/02/2014

I am pleased that the Commission has re-opened the comment period for our proposal to amend the disclosure and registration requirements applicable to asset-backed securities (ABS).  The ABS market is a critical source of capital, providing funding for home loans, automobiles, credit cards, and many other purposes.  Yet, as shown during the recent financial crisis, investors may abandon the ABS market if they do not believe they possess sufficient information to evaluate and price such a security.

STOXX Changes Composition Of Benchmark Indices - Results Of The First Regular Quarterly Review To Be Effective On March 24, 2014

Date 25/02/2014

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the new composition of the STOXX Benchmark and their sub- and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.

ISDA: Memorandum On Enforceability Of Close-Out Netting In China

Date 25/02/2014

With the Chinese Supreme Court’s interpretation of the Enterprise Bankruptcy Law regarding insolvency set ‎off right issued in 2013, China has made great progress toward becoming a netting enforceable jurisdiction. To assist with the analysis of China’s current legal framework and to help with the understanding of what shortfalls to legal certainty still remain, ISDA has commissioned an external counsel to provide an updated netting analysis which is now posted under Legal & Documentation/Opinions section. 

Federal Reserve Board Announces Release Dates For The Latest Supervisory Stress Tests Results And Related Results From The Comprehensive Capital Analysis And Review

Date 25/02/2014

The Federal Reserve Board on Tuesday announced that results from the latest supervisory stress tests conducted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act will be released on Thursday, March 20, and the related results from the Comprehensive Capital Analysis and Review, or CCAR, will be released on Wednesday, March 26. Results will be released for both exercises at 4 p.m. EDT.

Verena Ross, Executive Director ESMA, Delivers Keynote Speech At AFME European Market Liquidity Conference - Liquidity And New Financial Market Regulation

Date 25/02/2014

Excerpt

“Five years ago today the regulatory community around the world was preparing what would later become the G20 leaders’ statement following the Pittsburgh Summit. It was the start of a regulatory and legislative overhaul and, one of the biggest globally coordinated financial sector reform ever.
Since then the EU has discussed and made amendments to almost all of its financial services legislation, in the securities markets area for example: the introduction of direct supervision of credit rating agencies by ESMA, the European Markets Infrastructure Regulation (EMIR), the Alternative Investment Funds Directive (AIFMD), the Transparency Directive, the Market Abuse Directive (MAD), MIFID etc.
Today the results of the new legislation are becoming more and more tangible for financial markets. In that respect, 2014 will become a crucial year, especially for anything to do with financial markets infrastructures. As you know the European Parliament and Council have reached an agreement on the MiFID II proposals at the beginning of January 2014 and derivatives reporting to trade repositories started just under two weeks ago.