FTSE Mondo Visione Exchanges Index:

News Centre

News

European System Of Financial Supervisors (ESFS): Frequently Asked Questions

Date 23/09/2009

Why are the new European Supervisory Authorities (ESAs) needed? The report of the de Larosière group 1 identified serious shortcomings in the existing system of financial supervision in Europe. There is a single market, and financial institutions operate across borders, but supervision remains uneven and often uncoordinated. A stronger financial sector in the
New Financial Supervision Architecture: Q&A On The European Systemic Risk Board - The Macro-Supervision Part Of The Package

Date 23/09/2009

1. Why do we need a European Systemic Risk Board (ESRB)? We need a European Union-wide system to be able to assess and prevent potential risks to financial stability in the EU properly and swiftly. The rapid propagation of the financial crisis from the US to Europe in 2007/2008 highlighted the present weaknesses in monitoring and assessing potential threats and risks arising from the interaction between macro-economic develop
European Commission Adopts Legislative Proposals To Strengthen Financial Supervision In Europe

Date 23/09/2009

The European Commission has adopted an important package of draft legislation today to significantly strengthen the supervision of the financial sector in Europe. The aim of these enhanced cooperative arrangements is to sustainably reinforce financial stability throughout the EU; to ensure that the same basic technical rules are applied and enforced consistently; to identify risks in the system at an early stage; and to be able to act together far more effec
Securities & Investment Institute Qualifications Introduced To Caribbean Financial Services Market

Date 23/09/2009

The Caribbean is the latest market to benefit from SII qualifications. Under a new agreement, the Caribbean Financial Planning Association (CFPA) will promote the SII qualifications to those working in the banking, insurance and investment sectors of the financial services industry in the region.
September 2009 “Islamic Market’s Measure” – Monthly Report On The Performance Of The Dow Jones Islamic Market Indexes

Date 23/09/2009

Based on the close of trading on September 22, the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari’ah compliant stocks globally, gained 4.25% month-to-date, closing at 2011.06. In comparison, the Dow Jones Global Titans 50 Index, which measures the 50 biggest companies worldwide, posted a gain of 4.80%, closing at 167.25.

UK’s Financial Services Authority: Finance Director And Two Lawyers Committed To The Crown Court To Face Insider Dealing Charges

Date 23/09/2009

Peter Andrew King, a finance director, and Michael McFall and Andrew Rimmington, both lawyers, were yesterday committed to stand trial at Southwark Crown Court on 8 counts of insider dealing, contrary to section 52 of the Criminal Justice Act 1993.
New db x-trackers Strategy ETF Launched On Xetra

Date 23/09/2009

An additional db x-trackers index fund from Deutsche Bank‘s ETF offering has been admitted to trading on Xetra®.
UK Financial Services Authority's Chairman Insists That The Momentum For Reform Must Be Maintained

Date 23/09/2009

Lord Turner, chairman of the Financial Services Authority (FSA), yesterday insisted that the momentum for regulatory reform must be maintained, despite recent signs of economic improvement. Speaking at the Lord Mayor’s City Banquet, he said that failing to implement a more robust capital and liquidity regime for banks globally could allow a similar crisis to develop in years to come.
Mergers: European Commission Approves Acquisition Of Barclays Global Investors By BlackRock

Date 23/09/2009

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Barclays Global Investors UK Holdings Limited, a business division of the UK-based Barclays group, by BlackRock, Inc., based in the US. Both companies are global asset managers. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part
NYSE Arca Europe Extends European Trading Scope

Date 23/09/2009

NYSE Arca Europe adds 334 large and mid cap stocks to its current instrument list, further broadening its proposition covering13 leading European indices.