News Centre

ASX To Sell Entire Investment In IRESS

Date 26/02/2019

ASX Limited (ASX) has entered into an underwriting agreement to sell its 18.6% shareholding in IRESS Limited (IRESS) (Sale). The Sale has been fully underwritten at a fixed price of $11.95 per share and is expected to realise gross proceeds of $385 million.

Japan’s Financial Services Agency: Joint Session Of The 41st General Meeting Of Financial System Council And The 29th Meeting Of Sectional Committee On Financial System

Date 26/02/2019

Joint session of the 41st general meeting of Financial System Council and the 29th meeting of Sectional Committee on Financial System will be held on March 4, 2019 as follows.The meeting is open to the public.

FTSE UK Index Series – Indicative Quarterly Review Changes March 2019

Date 25/02/2019

FTSE Russell, the global index provider, advises of the following indicative changes to the FTSE 100 and FTSE 250 based on data as at Friday 22 February 2019.

The Management Of Amanet Management & Systems Opened Trading On The Occasion Of The 25th Anniversary Of Its Listing On TASE

Date 25/02/2019

The management of Amanet Management & Systems opened the trading this morning (February 20, 2019) on the occasion of the 25th anniversary of its listing on the Tel-Aviv Stock Exchange (TASE).

Commentary From Henry Price, CEO Of Red Deer, Following Andrew Bailey’s Keynote Speech On MiFID II At European Independent Research Providers Association

Date 25/02/2019

Ongoing client issues:

Where investment managers have implemented legacy or non-compliant systems, or attempted to solve a problem manually, there is now a significant push to use technology to solve these problems effectively and efficiently. Research managers and their teams are being asked for greater business intelligence to drive the decision-making process, but there’s a fine balance to achieve between front office effort and quality of data, and effort on an overloaded back-office. Managers are looking for an unobtrusive ‘Front-Office First’ approach.

FSB Invites Feedback On The Effects Of Financial Regulatory Reforms On SME Financing

Date 25/02/2019

The Financial Stability Board (FSB) is seeking feedback from stakeholders for its evaluation of the effects of financial regulatory reforms on the provision of financing to small and medium-sized enterprises (SMEs). The evaluation forms part of a broader FSB examination of the effects of post-crisis reforms on financial intermediation. More details on the evaluation and a summary of the views expressed by some stakeholders can be found in the note with the key takeaways of a roundtable held by the FSB on this topic in December 2018.

EBA - Consultation: CP On GLs Guidelines On Credit Risk Mitigation For Institutions Applying The IRB Approach With Own Estimates Of LGDs

Date 25/02/2019

The European Banking Authority (EBA) launched today a consultation on its Guidelines on Credit Risk Mitigation in the context of the advanced internal rating-based (A-IRB) approach, aim to eliminate the remaining significant differences in approaches in the area of credit risk mitigation (CRM), which are either due to different supervisory practices or bank-specific choices. These draft Guidelines complement the EBA Report on CRM, which focused on the standardised approach (SA) and the foundation-IRB approach (F-IRB). The consultation runs until 25 May 2019.

Capital Requirements Of Swedish Banks As Of The Fourth Quarter 2018

Date 25/02/2019

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to the supervisory categories 1 and 2 as of the end of the fourth quarter 2018. 

EBA Consults On Guidelines On Credit Risk Mitigation For Institutions Applying The IRB Approach With Own Estimates Of LGD

Date 25/02/2019

The European Banking Authority (EBA) launched today a consultation on its Guidelines on Credit Risk Mitigation in the context of the advanced internal rating-based (A-IRB) approach, aim to eliminate the remaining significant differences in approaches in the area of credit risk mitigation (CRM), which are either due to different supervisory practices or bank-specific choices. These draft Guidelines complement the EBA Report on CRM, which focused on the standardised approach (SA) and the foundation-IRB approach (F-IRB). The consultation runs until 25 May 2019.

Speech By Andrew Bailey, Chief Executive Of The FCA, On The Markets In Financial Instruments Directive (MiFID II) At The European Independent Research Providers Association

Date 25/02/2019

Highlights

• We maintain strong support for the MiFID II reforms. We will continue to supervise compliance with our rules to ensure improved conduct standards and value for money for investors.
• A number of fundamental changes have occurred in the market. Most notable has been the shift by a vast majority of traditional asset managers to fund research from their own revenues – instead of using their clients’ funds.
• We have heard loudly and clearly your views that, as independents, you cannot induce an asset manager to do anything except – hopefully – purchase your research services.
• We remain conscious that we do not necessarily have a full or clear picture, and will continue to monitor developments through engagement with firms and trade bodies.