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  • Communication On Crowdfunding In The European Union - Frequently Asked Questions

    Date 27/03/2014

    See also IP/14/320

    1. What is crowdfunding?

    Crowdfunding is an emerging alternative form of financing that connects directly those who can give, lend or invest money with those who need financing for a specific project. It usually refers to open calls through the internet to the wider public to finance specific projects. Promoters of an initiative can collect funds directly. However, a web-based intermediary, a so-called ‘crowdfunding platform’, will often assist in publishing campaigns and collecting funds. In exchange, these platforms often charge a fee. While calls for funds to the public are not new, the phenomenon of using the internet to directly connect with funders emerged recently and brought significant visibility to this practice.

  • HKEx: Arrangements For Adjustment Of Hong Kong & China Gas Futures And Options

    Date 27/03/2014

    Hong Kong Exchanges and Clearing Limited (HKEx) announced the arrangements for the adjustment to the contract terms of all open The Hong Kong and China Gas Company Limited (Hong Kong & China Gas) futures and option contracts in existence after the market close on 5 June 2014, the business day immediately before the ex-bonus day, which is 6 June 2014, to account for Hong Kong & China Gas’s issue of 1 bonus share for every 10 existing shares held.

  • London Stock Exchange Group Pre-Close Period Update For The Eleven Months Ended 28 February 2014

    Date 27/03/2014

    • Continuing momentum across the Group in the fourth quarter 

  • UK's Financial Conduct Authority Publishes Two Warning Notice Statements

    Date 27/03/2014

    The Financial Conduct Authority (FCA) has today issued two Warning Notice Statements. This is the sixth and seventh time the FCA have issued a Warning Notice Statement since it was given the power to do so by the Financial Services Act 2012. The Government’s principal rationale for giving the FCA this power was to promote early transparency of enforcement proceedings.

  • Bursa Malaysia Securities Publicly Reprimands Eonmetall Group Berhad For Breach Of Main Market Listing Requirements

    Date 27/03/2014

    Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has publicly reprimanded Eonmetall Group Berhad (“EMETALL” or “the Company”) for breaching paragraph 9.16(1)(a) of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR) in respect of the Company’s announcement dated 29 February 2012 on the unaudited fourth quarterly report for financial year ended (FYE) 31 December 2011 (QR4/2011) which failed to take into account the adjustments in the Company’s announcement dated 30 April 2012.