News Centre

Infosys To Trade On NYSE Euronext London And Paris Markets - Infosys CEO First To Ring Opening Bell For NYSE Euronext’s European Markets And Closing Bell At The NYSE On Same Day

Date 17/02/2013

Infosys, a global leader in consulting and technology, will be the first Indian company admitted to trading on NYSE Euronext’s (NYX) London and Paris markets from Wednesday, February 20, 2013. To mark the occasion of NYSE Euronext’s first cross listing of an Indian company, S. D. Shibulal, CEO and Managing Director, will be in London to open the market by ringing the bell at 08.00 GMT / 09.00 CET.

NASDAQ Dubai Sets Up Advisory Group To Prepare For SME IPO And Listings Market

Date 17/02/2013

• Vital funding for SMEs and high-growth companies will help to drive UAE’s economy forward 
• Inaugural meeting discussed regulatory models and practical framework
• Market will be tailor made for regional and international issuers

LGT Opens First Private Banking Office In Dubai - Offering Unique Family Governance Advisory And Global Execution Services To Private Banking Clients

Date 17/02/2013

LGT Group, the international private banking and asset management group, today announces the opening of its first office in Dubai following the successful award of regulatory approvals. Located in the Dubai International Financial Centre, LGT Group will offer a unique set of advisory and execution services to private banking clients across the GCC, East Mediterranean, Turkey, Africa and South Asia.

Financial Stability Board Reports To G20 On Progress Of Financial Regulatory Reforms

Date 16/02/2013

The Chairman of the Financial Stability Board (FSB) reported to the G20 Finance Ministers and Central Bank Governors today on progress in the financial regulatory reform programme.

The Law Firm Of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of H.J. Heinz Company In Connection With The Sale Of The Company To A Consortium

Date 15/02/2013

Levi & Korsinsky is investigating the Board of Directors of H.J. Heinz Company ("Heinz" or the "Company") (NYSE: HNZ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a consortium comprised of Berkshire Hathaway (NYSE: BRK.A, BRK.B) and 3G Capital.

Basel Committee And IOSCO Issue Near-Final Proposal On Margin Requirements For Non-Centrally Cleared Derivatives

Date 15/02/2013

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have today published a second consultative paper which represents a near-final proposal on margin requirements for non-centrally cleared derivatives. The paper is available on the websites of the Bank for International Settlementsand IOSCO.

Treasury International Capital Data For December

Date 15/02/2013

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2012.  The next release, which will report on data for January 2013, is scheduled for March 15, 2013.

SEC Charges N.Y.-Based Brokerage Firm With Defrauding Investors In A Clean Energy Company To Earn Lucrative Commissions

Date 15/02/2013

The Securities and Exchange Commission today announced fraud charges against a New York-based brokerage firm and two brokers who allegedly used misleading sales tactics to steer investors toward risky investments in a purported clean energy company so the firm could earn lucrative commissions.

Focus On Market Integrity As Trading Evolves - Investment Industry Regulatory Organization of Canada Issues Final Guidance On Manipulative And Deceptive Trading Practices

Date 15/02/2013

The Investment Industry Regulatory Organization of Canada (IIROC) today issued final Guidance on certain manipulative and deceptive trading practices following consultations that took place in 2012.

Director Of International Affairs Ethiopis Tafara To Leave SEC

Date 15/02/2013

The Securities and Exchange Commission today announced that Ethiopis Tafara, Director of the SEC's Office of International Affairs, will leave the agency at the end of next month after 13 years of public service.