News Centre

NASDAQ OMX Stockholm Orders HCS Holding AB To Pay A Fine

Date 29/10/2013

The Disciplinary Committee of NASDAQ OMX Stockholm AB (“the Exchange”) has found that HCS Holding AB (“HCS”), whose shares are traded on First North, has contravened the First North Nordic Rulebook (“the Rulebook”) in respect of disclosures and has ordered HCS to pay a fine of SEK 100,000 corresponding to two annual fees.

Japan's Financial Services Agency: Press Conference By Taro Aso, Deputy Prime Minister, Minister Of Finance, And Minister For Financial Services - (Tuesday, October 22, 2013, 8:47 am To 8:51 am)

Date 29/10/2013

NASDAQ OMX Stockholm Orders Forestlight Entertainment AB To Pay A Fine

Date 29/10/2013

The Disciplinary Committee of NASDAQ OMX Stockholm AB (“the Exchange”) has found that Forestlight Entertainment AB (“Forestlight”), whose shares are traded on First North, has contravened the First North Nordic Rulebook (“the Rulebook”) in respect of disclosures and has ordered Forestlight to pay a fine of SEK 100,000 corresponding to two annual fees.

ESMA Publishes EECS' Enforcement Decisions

Date 29/10/2013

The European Securities and Markets Authority (ESMA) has published extracts from its confidential database of enforcement decisions on financial statements, with the aim of providing issuers and users of financial statements with relevant information on the appropriate application of the International Financial Reporting Standards (IFRS).

Japan's Financial Services Agency: Administrative Action Against Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank Nederland), Tokyo Branch

Date 29/10/2013

Based on the results (notified on January 30,2013) of the inspection of Rabobank Nederland, Tokyo Branch (hereinafter referred to as the ”Bank”) conducted by the Financial Services Agency (FSA) and the reports submitted by the Bank based on Article 24(1), Article 48 of the Banking Act and Article 56-2(1) of the Financial Instruments and Exchange Act, the FSA today (October 29,2013) took the following administrative action against the Bank in order to ensure sound and appropriate business operations.

FTSE Launches New Shariah Developed Minimum Variance Index

Date 29/10/2013

UK’s Financial Conduct Authority Fines Rabobank £105 Million For Serious LIBOR-Related Misconduct

Date 29/10/2013

The Financial Conduct Authority (FCA) has fined Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) for serious, prolonged and widespread misconduct relating to the London Interbank Offered Rate (LIBOR). The £105 million fine is the third highest ever imposed by the FCA or its predecessor, the Financial Services Authority, and the fifth penalty for LIBOR-related failures.

China Financial Futures Exchange And NASDAQ OMX Sign MOU

Date 29/10/2013

China Financial Futures Exchange (CFFEX) and the NASDAQ OMX Group, Inc (Nasdaq:NDAQ), signed a memorandum of understanding (MOU) at the World Federation of Exchanges' annual meeting to strengthen cooperation and promote mutual development. CFFEX Chairman Zhang Shenfeng and NASDAQ OMX Vice Chairman Sandy Frucher signed the MOU.

Deutsche Börse - Xetra Release 14.0 Launched - Trading System Lays Foundations For Implementation Of German HFT Act / System-Based Risk Management Introduced

Date 29/10/2013

Deutsche Börse has introduced a further-developed version of its electronic trading system with Xetra Release 14.0. Functionalities, interfaces and order types have been improved in line with the demands of the market.

Statement Of CFTC Chairman Gary Gensler On Settlement Order Against Rabobank

Date 29/10/2013

Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler today made the following statement on the CFTC’s enforcement action that requires Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) pay a $475 million penalty for manipulation and false reporting charges related to LIBOR and Euribor:

“With today’s settlement, the CFTC has shown – now for the fifth time – how banks have pervasively rigged key interest rate benchmarks, such as LIBOR and Euribor."