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  • European Commission Decision Lays The Foundation For Reinforced International Cooperation On The Supervision Of Auditors

    Date 19/01/2011

    The European Commission today adopted the first decision recognising the equivalence of the audit oversight systems in 10 third countries1. This decision paves the way for reinforced cooperation between Member States and third countries which have been declared equivalent, so that they can mutually rely on each others' inspections of audit firms. The decision also grants a transitional period to

  • TriOptima Announces Global Interest Rate Trade Reporting Repository Figures For Year-End 2010

    Date 19/01/2011

    TriOptima, the OTC derivatives market infrastructure provider, today announces that the total notional amounts outstanding for all interest rate derivative transactions reported by the G-14 financial institutions to the Global Interest Rate Trade Reporting Repository (the Rates Repository) as of December 31, 2010 was $472.3 trillion. This represents 3.9 million transactions. When the Rates Repository began public reporting in March 2010, there was $448.7 trillion in notional outstandings and

  • UBS: Ricardo Honegger Hired As Head Of Global Synthetic Equity

    Date 19/01/2011

    Ricardo Honegger joins UBS from Deutsche Bank as Managing Director and Head of Global Synthetic Equity, reporting to Yassine Bouhara (Joint Global Head of Equities) and Francois Gouws (Joint Global Head of Equities). He too will be a Managing Director, based in London and will lead a Global Synthetic Equity business which will enable UBS to better leverage its existing strengths and enhance its offering to clients. Ricardo will be responsible for the strategy, creation and management of our

  • Financial Services: Additional Legislative Proposal To Complete The Framework For Financial Supervision In Europe

    Date 19/01/2011

    Following the launch of the three new European Supervisory Authorities on 1 January 2011 (MEMO/11/1), the Commission now proposes to make targeted changes to legislation in the area of insurance and securities regulation to e

  • UBS: Dr. Marcus Overhaus Hired As Head Of Global Equities Structuring And Co-Head Of Securities Structuring

    Date 19/01/2011

    Dr. Marcus Overhaus joins from Deutsche Bank as UBS's Head of Global Equity Structuring and Co-Head of Securities Structuring. Marcus has joined as a Managing Director based in London. In his new role Marcus will drive the expansion of our global structured equity and securities derivatives offerings, reporting to Yassine Bouhara (Joint Global Head of Equities), Francois Gouws (Joint Global Head of Equities) and Roberto Hoornweg (Global Head of Securities Distribution). Bringing over 18 years of