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British Bankers' Association Welcomes Government Action

Date 08/10/2008

The British Bankers' Association welcomes government action that, in these extraordinary circumstances, are providing additional capital for banks and assistance to get lending started again. The global money markets have been closed for some time and the consequences have been an inability of the financial system to work properly. This has badly affected banks in the UK and elsewhere.
Bank Of England: Recapitalisation Of The UK Banking System

Date 08/10/2008

The Bank of England believes the measures announced by the Government this morning are an important step forward in stabilising the financial system. The Bank will play its full part in implementing the plans.
Equity Trading Suspended On RTS For 1 Hour

Date 08/10/2008

At 11.05 am Moscow time trading on the RTS Stock Market was stopped, due to the drop of the technical index by more than 5% as compared to its closing value.
HM Treasury: Financial Support To The Banking Industry

Date 08/10/2008

After consultation with the Bank of England and the Financial Services Authority, the Government announces that it is bringing forward specific and comprehensive measures to ensure the stability of the financial system and to protect ordinary savers, depositors, businesses and borrowers.
UK Companies See Major Opportunities Coming From Climate Change - 90% Of FTSE 100 Companies Respond To The Carbon Disclosure Project’s Information Request

Date 08/10/2008

Despite the economic conditions, senior management of British companies perceive climate change as a major driver of new business opportunities. In addition, there is increasing investment in measuring and reducing the impact of emissions in company supply chains, as well as those related to product use and disposal.

Monetary Authority Of Singapore Signs MoU With Dubai Financial Services Authority

Date 08/10/2008

The Monetary Authority of Singapore (MAS) has signed a Memorandum of Understanding (MoU) with the Dubai Financial Services Authority (DFSA), which regulates financial services in the Dubai International Financial Centre.
Monetary Authority of Singapore Statement On Lehman Brothers Minibonds

Date 08/10/2008

MAS has received queries on the options available for Lehman Minibonds' noteholders. HSBC Institutional Trust Services (Singapore) Limited (the trustee) has informed MAS that the 15 day grace period for the coupon payment for Series 5 and 6 of the Minibond programme expired today and no payment has been received. As such, an event of default has occurred.
Opening Remarks By J Y Pillay, Chairman, Singapore Exchange Limited At The SIAs Investors' Corporate Governance Conference At Raffles City Convention Centre On 8 October 2008

Date 08/10/2008

I am happy to be here to say a few words at the opening of the SIAS Corporate Governance Conference. SIAS’s contributions to good governance 2 First, may I acknowledge and thank the President and members of SIAS for your keen interest in the theory and application of corporate governance, and your vigorous efforts in support of it. As a result of your labours, together with the strivings of many others, the good word of corporate governance is gradually spread
Former CBO Director Dan Crippen Named Senior Advisor To SEC Chairman

Date 07/10/2008

The Securities and Exchange Commission announced today that Dr. Dan L. Crippen, former Director of the Congressional Budget Office and White House budget advisor, has been named Senior Advisor to the Chairman. Dr. Crippen will assist with several new statutory responsibilities of the Chairman, including as a member of both the Financial Stability Oversight Board and the Federal Housing Finance Oversight Board, as well as with management and timely completion of the Congressionally-mandated study
ICE Futures Canada Holiday Notice Thanksgiving Holiday

Date 07/10/2008

This is to advise that ICE Futures Canada, Inc. and ICE Clear Canada, Inc. will be closed for trading and clearing operations on Trade Date Monday October 13, 2008.