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  • American Stock Exchange Board Of Governors Approves Demutualization Course Of Action

    Date 23/03/2006

    The American Stock Exchange (Amex) announced today that the Amex Board of Governors approved a course of action that would begin the process to convert the Exchange from a not-for-profit corporation into a for-profit corporation. This is the initial step in the process of demutualization to position the Amex for future investment opportunities. Amex seat owners will have the opportunity to vote on the demutualization plan, which would convert their seats into shares.

  • Accounting Standards: European Commission And European Financial Reporting Advisory Group (EFRAG) Agree Future Working Relationship

    Date 23/03/2006

    The European Commission and the European Financial Reporting Advisory Group (EFRAG), which is composed of accounting experts from the private sector in several Member States and provides the Commission with advice on the technical soundness of new accounting standards, have agreed their future working relationship. In particular, EFRAG will continue to provide the Commission with advice on the endorsement and interpretation of International Financial Reporting Standards (IFRS). It wi

  • Wiener Börse Breaks New Record In 2005

    Date 22/03/2006

    The results of Wiener Börse for the year 2005 were also announced at the Supervisory Board meeting on March 16. Wiener Börse can look back at a very successful business year once again. The operating profit (EBIT) was increased by 185% to EUR 15.8mn and the profit on ordinary business activity (POA) was up by 134% to EUR 19.0mn.

  • Wiener Börse And Sarajevo Stock Exchange Sign Cooperation Agreement

    Date 22/03/2006

    The members of the management board of the Sarajevo Stock Exchange, Zlatan Dedic, and of Wiener Börse, Michael Buhl, signed a memorandum of understanding today. This makes Bosnia – after Romania, Croatia and Belgrade – the fourth Southeast European stock exchange to enter into a cooperation agreement with the Budapest Stock Exchange and the Vienna Stock Exchange.

  • UK’s Financial Services Authority: Memorandum Of Understanding For Financial Stability

    Date 22/03/2006

    HM Treasury, the Bank of England and the Financial Services Authority have today jointly published an updated Memorandum of Understanding for Financial Stability.