News Centre

UK’s Financial Services Authority Fines Bank Of Scotland £4.2 Million For Failing To Keep Accurate Mortgage Records

Date 19/10/2012

The Financial Services Authority (FSA) has fined Bank of Scotland (BOS) £4.2 million for failures in their systems which meant it held inaccurate mortgage records for 250,000 of its customers. This was the result of mortgage information being held on two separate unaligned systems, and problems with two further processes where manual updates were not always carried out.  The effect was that BOS relied on incorrect records for considerable periods of time between 2004 and 2011.

Thai Bourse Attracts Investors On ASEAN Trading Link Opening Event

Date 19/10/2012

The Stock Exchange of Thailand (SET) together with Thai brokers, attracted over 300 investors in an ASEAN Trading Link opening event today by holding a panel discussion on "Knowing each other...top-pick ASEAN stocks” to give insights into ASEAN investment, with key executives from Bursa Malaysia Berhad and Singapore Exchange presenting their market overview and blue-chip stocks.

SGX Welcomes Geo Energy Resources To Mainboard

Date 19/10/2012

Singapore Exchange (SGX) is pleased to welcome the listing of Geo Energy Resources Limited (Geo Energy) on the Mainboard under the stock code, “RE4”.

Bucharest Stock Exchange October Newsletter

Date 19/10/2012

Please click here to download the Bucharest Stock Exchange October Newsletter.

BSE Ltd. Joins The Sustainable Stock Exchanges Initiative

Date 19/10/2012

BSE Ltd. has been the first amongst global peers to join five other leading exchanges that have publicly committed to promoting sustainable investment practices. The other exchanges such as the Brazilian stock exchange BM& FBOVESPA, Egyptian Exchange (EGX), Istanbul Stock Exchange (ISE), Johannesburg Stock Exchange (JSE) and NASDAQ OMX made a commitment towards improving sustainability at the SSE, Sustainable Stock Exchanges 2012 global dialogue in Rio de Janeiro earlier this year. 
  

José Manuel Durão Barroso, President Of The European Commission - Statement By President Barroso Following The European Council Dinner On 18 October 2012

Date 19/10/2012

This is the first of three crucial European summits before the end of the year.

The central message I made tonight was that we need to deliver on our commitments.

Firstly, we have agreed to have legislative decisions on the Single Supervisory Mechanism by the end of the year, so in fact until 1st January 2013.

Bursa Malaysia Posts Patami Of RM115.8 Million For The Nine Months Ended 30 September 201 - Growth On Track With Improved Performance In Stable Revenue, Derivatives Market And Islamic Market

Date 19/10/2012

Bursa Malaysia Berhad today announced profit after tax and minority interest (PATAMI) of RM115.8 million for the nine months period ended 30 September 2012; compared to the PATAMI of RM114.8 million for the same period last year.

Statement By The Euro Area Heads Of State Or Government On Greece 18 October 2012

Date 19/10/2012

We welcome progress made by Greece and the troika towards reaching an agreement on the policies underpinning the adjustment programme and look forward to the conclusion of the ongoing review. The Eurogroup will examine the outcome of the review in light of the troika report and will take the necessary decisions.  

European Council Conclusions On Completing EMU

Date 19/10/2012

In the light of the fundamental challenges facing it, the Economic and Monetary Union needs to be strengthened to ensure economic and social welfare as well as stability and sustained prosperity.  

Remarks By President Van Rompuy Following The First Session Of The European Council

Date 19/10/2012

I am happy to brief you on our progress in this European Council. We started with a discussion about general political developments and challenges in Europe, in presence of the President of the European Parliament. Many colleagues referred to the Nobel Prize as a tribute for the Union’s past achievements and an encouragement for the future. Over dinner, we focussed on the future of the Economic and Monetary Union. The interim report I circulated last week served as a basis.