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Closing Remarks By President Of The European Commission José Manuel Durão Barroso At The EP Debate On The Conclusions Of The December European Council

Date 13/12/2011

Mr. President,

Honourable Members,

Many important issues were raised during this debate.

First of all, the issue of substance and form. I agree that in a community that is based on the rule of law form is important. That is why we in the Commission have done everything we could to get an agreement that could be considered compatible with the community method, agreement that could be signed by all the member states. I have to say that this was not only the position of the Commission and the President of the European Council. We presented that as the clear preference and it was the opinion of most of our member states.

SEC Charges Seven Former Siemens Executives With Bribing Leaders In Argentina

Date 13/12/2011

The Securities and Exchange Commission today charged seven former Siemens executives with violating the Foreign Corrupt Practices Act (FCPA) for their involvement in the company's decade-long bribery scheme to retain a $1 billion government contract to produce national identity cards for Argentine citizens.

CFTC Commissioner Jill E. Sommers Testimony Before The United States Senate, Committee On Agriculture, Washington, DC

Date 13/12/2011

Good afternoon Chairwoman Stabenow, Ranking Member Roberts, and members of the Committee.  Thank you for inviting me today to discuss the MF Global Bankruptcy.  I understand the severe hardship this bankruptcy has caused for customers of MF Global. 

CME Group's Duffy To Appear Before The Senate Agriculture Committee

Date 13/12/2011

CME Group announced that Executive Chairman Terry Duffy will appear today before the U.S. Senate Committee on Agriculture, Nutrition and Forestry, to discuss the MF Global bankruptcy.

Hong Kong Tops Financial Development Index For The First Time

Date 13/12/2011

• Hong Kong overtakes the United States and the United Kingdom to take the top spot of the Financial Development Index for the first time.
• 90% of countries surveyed have not returned to pre-crisis levels in terms of access to capital
• Global challenges to finance economic growth remain, especially access to credit and financing through local equity markets
• Report analyses 60 financial systems and capital markets around the world
• The full report, rankings and country highlights can be downloaded at:http://www.weforum.org/FDR2011

UK's Financial Services Authority Appoints John Spence As Non-Executive Director Of The Money Advice Service

Date 13/12/2011

The Financial Services Authority (FSA) has appointed John  Spence as a non-executive director to Board of the Money Advice Service with effect from 2 January 2012.

KDPW, Poland: Number Of Securities Accounts In November 2011

Date 13/12/2011

The number of securities accounts operated by KDPW Participants grew by almost 7  thousands in November 2011. Banks and brokerage houses operated 1,532,459 accounts at the end of last month.

EEX Executes First Lithuanian Primary Market Auction

Date 13/12/2011

This morning the European Energy Exchange (EEX) car-ried out successfully the first primary market auction of European emission allowances (EUA) for Lithuania.

Blackrock's Money Market Funds Now Available To Re-Invest Cash Collateral At Euroclear Bank

Date 13/12/2011

BlackRock has made its family of money market funds available to Euroclear Bank’s clients, enabling them to re-invest cash received as collateral in triparty transactions managed by Euroclear Bank. Re-investing cash collateral is a frequent challenge in this type of transaction.

More Issuers With Securities Listed In OJSC RTS Admitted To Trading On MICEX Stock Exchange

Date 13/12/2011

Within the framework of establishing single listing platform, specialists of MICEX Stock Exchange and OJSC RTS are making a combined list of securities admitted to trading. 21 more corporate issuers and one management company with securities admitted to trading only in OJSC RTS or with higher quotation level in OJSC RTS than in MICEX SE, have passed the listing procedure for their securities to trade on MICEX SE.