News Centre

Japan’s Financial Service Agency Comments On CESR's Draft Technical Advice On Equivalence Of Certain Third Countries' GAAP

Date 30/05/2005

The Financial Services Agency (FSA) sent a comments letter on May 27, 2005, regarding the ''Draft Technical Advice on Equivalence of Certain Third Countries' GAAP'', which was published on April 27, 2005, by the Committee of European Securities Regulators (CESR).   Third country issuers (non-EU issuers), who have their securities admitted to trading on an EU-regulated market or who wish to make public offerings of their securities in Europe, will be required, as fro

Investable Weight Factor Change For RCS MediaGroup SPA In The S&P/MIB Index

Date 30/05/2005

Standard & Poor’s will change the IWF (Investable Weight Factor) for RCS MediaGroup SPA (Italy, ISIN IT0003039010), a member of the S&P/MIB Index, from 0.326 to 0.227 effective at the close of trading Thursday, June 02, 2005. This is following the acquisition of ordinary shares by Magiste International S.A., which has increased its holding to 15.1 % of shares outstanding.

HKEx Implementation Of Proposed Derivatives Market Clearing House Fee Changes

Date 30/05/2005

Hong Kong Exchanges and Clearing Limited (HKEx) will abolish on 1 June this year the interest retention rates for cash margin collateral deposited with the HKFE Clearing Corporation Limited (HKCC) and the SEHK Options Clearing House Limited (SEOCH)*, wholly-owned members of HKEx group, and it will reduce the accommodation charges for non-cash collateral deposited with HKCC and SEOCH.

EEX Physical Future´s Trading Starts On June 1st - Federal Department Of Finance Agrees To Sales Tax Treatment

Date 30/05/2005

The path is plain for the implementation of the new physical electricity future at the European Energy Exchange (EEX) in Leipzig. The Federal De-partment of Finance has agreed to the sales tax treatment of the new products. Thus, EEX on Wednesday, June 1st, starts physical future´s trading. These products are good for efficient treatment of electricity price risks and may offer protection against balanc-ing risks deriving from the new topic IAS 39 as they are settled directly by electricity de-l

CESR Publishes Responses Received To Its Consultation On Its Revised Draft Technical Advice On Possible Implementing Measures Of The Transparency Directive

Date 30/05/2005

To view the answers, please see click here.

CESR Publishes Responses Received To Its Consultation On Its Draft Technical Advice On Equivalence Of Certain Third Country GAAP And On Description Of Certain Third Countries Mechanisms Of Enforcement Of Financial Information

Date 30/05/2005

To view the answers, please see click here.

Bursa Malaysia Securities Berhad: Sector Update: KESM Industries Berhad

Date 30/05/2005

Bursa Malaysia Securities Berhad (Bursa Securities) has decided to update the classification of sector for KESM Industries Berhad (KESM) to come into effect on 9.00 a.m., Wednesday, 1 June 2005.

All Eight NOREX Alliance Partners Now On SAXESS

Date 30/05/2005

Vilnius Stock Exchange today successfully launched the common Nordic Baltic trading platform SAXESS for trading on the cash markets. SAXESS and the common NOREX Member Rules are now in use in all the Nordic and Baltic marketplaces: Copenhagen, Oslo, Iceland, Stockholm, Helsinki, Tallinn, Riga and Vilnius.

2005 Josseph De La Vega Prize Winners - The 9th European Financial Markets Convention - "Towards True Integration By 2009" - Brussels 26th And 27th May 2005

Date 30/05/2005

FESE has awarded the Josseph de la Vega Main Prize 2005 in equal parts to: - Professor Charlotte Christiansen for her paper “Decomposing European Bond and Equity Volatility” (see

10 Issues Of Thai Government Bonds Collectively Worth Nearly THB300 Bln. To Join Thailand’s Bond Electronic Exchange Roster On Jun. 1

Date 30/05/2005

Executive Vice President of The Stock Exchange of Thailand (SET) Ms. Sopawadee Lertmanaschai, who also chairs the SET’s Bond Market Development Committee, said that the Bond Electronic Exchange (BEX) has significantly grown from its first launch on November 26, 2003. Initially there were 21 issues of corporate bonds from 6 listed companies worth a total of THB158.65 bln. Today the BEX has 42 issues of bonds from 16 listed companies worth THB203.03 bln. in total.