News Centre

Borsa İstanbul Announces The Constituent Changes To The BIST Stock Indices For The First Quarter Of 2020

Date 17/12/2019

Revisions in the BIST Stock Indices Ground Rules due to the new market structure were announced in the Announcement dated October 28, 2019 and numbered 2019/68.

Bank Of England - Minutes Of The Wholesale Distribution Steering Group - November 2019

Date 17/12/2019

The Wholesale Distribution Steering Group have the objective of overseeing the design of a new end-state model for wholesale cash distribution. This is to support the UK in an environment of declining cash volumes.

UK Financial Conduct Authority Secures Confiscation Order Totalling £5 Million Against Illegal Money Lender

Date 17/12/2019

On 11 December 2019, Southwark Crown Court made a confiscation order against Dharam Prakash Gopee in the sum of £5,118,018.72. The effect of the order is to confiscate all his criminal proceeds as an illegal money lender. Mr Gopee was also ordered to pay almost £230,000 in compensation to consumers.

International Ownership At Its Highest Level Since The Financial Crisis - Non-Norwegian Investors Now Own 39.3% Of Equities Listed At Oslo Børs, Which Is The Highest Level Since 2008

Date 17/12/2019

Non-Norwegian investors’ appetite for shares in companies listed at Oslo Børs has grown steadily for the last decade. During the financial crisis international investors abandoned Norwegian equities, and the proportion of the equity market owned by non-Norwegian investors fell from over 40% to a low of 31.6% in February 2009.

Bank Of England: Response To The Remit For The Prudential Regulation Committee - December 2019

Date 17/12/2019

Letter from the Governor to the Chancellor

BME To Distribute A €0.60 Second Interim Dividend

Date 17/12/2019

• To be paid on 30 December

UK Financial Conduct Authority Asks For Proposals On How Open Finance Could Transform Financial Services

Date 17/12/2019

The Financial Conduct Authority (FCA) has today launched a Call for Input (CfI) on the opportunities presented by so-called open finance. Open finance builds on the principles of open banking the sharing of data which provides new ways for customers and businesses to make the most of their money. Open finance would extend those principles to a wider range of products.

Bank Of England: Response To The Remit For The Financial Policy Committee - December 2019

Date 17/12/2019

Letter from the Governor to the Chancellor

Hong Kong Securities And Futures Commission Bans W. Falcon Asset Management (Asia) Limited’s Former Chairman For Life And Ex-CFO For Three Years

Date 17/12/2019

The Securities and Futures Commission (SFC) has banned Mr Ang Wing Fung, the former chairman of W. Falcon Asset Management (Asia) Limited (Falcon), and its former chief financial officer and company secretary Mr Chan Kam Wah, from re-entering the industry for life and three years, respectively, in connection with their roles in window-dressing the liquid capital of Falcon (Note 1).

BME’s Fixed Income Market Registers Issues Worth 7.8 Billion Euros In December

Date 17/12/2019

• Financial institutions show increased interest in covered bonds and securitisations issues
• Within the public sector, the Spanish regional administrations have once again tapped the market for financing