News Centre

TheCityUK Responds To Brexit Meaningful Vote Result

Date 15/01/2019

The UK Parliament has voted to reject the proposed UK Withdrawal Agreement from the European Union (EU).

Commenting on the news Miles Celic, Chief Executive Officer, TheCityUK, said:

The outcome of today’s vote prolongs uncertainty and will continue to depress business confidence. The lack of clarity on the path to an orderly Brexit risks disruption and financial instability on both sides of the Channel. We urge the government and MPs to carefully consider the options without delay and put forward an economically sensible way ahead. A no deal outcome is not in the best interests of customers in the UK or the EU.”

The MiG Report - TSX, TSX Venture Exchange

Date 15/01/2019

2018 in Review

344 new issuers listed in 2018: 132 on Toronto Stock Exchange and 212 on TSX Venture Exchange.

Deutsche Börse: ERWE Immobilien AG New On The Regulated Market Of The Frankfurt Stock Exchange

Date 15/01/2019

Attorney General Nominee Supports Whistleblowers In Senate Testimony - Bar Retracts Prior Opposition To The False Claims Act Whistleblower Law

Date 15/01/2019

SEC Brings Charges In Edgar Hacking Case

Date 15/01/2019

The Securities and Exchange Commission today announced charges against nine defendants for participating in a previously disclosed scheme to hack into the SEC’s EDGAR system and extract nonpublic information to use for illegal trading. The SEC charged a Ukrainian hacker, six individual traders in California, Ukraine, and Russia, and two entities. The hacker and some of the traders were also involved in a similar scheme to hack into newswire services and trade on information that had not yet been released to the public. The SEC charged the hacker and other traders for that conduct in 2015 (see here, hereand here).

ACER: Neas Energy Fined For Manipulating The Nordic Wholesale Electricity Market

Date 15/01/2019

The fine imposed on Neas Energy A/S (Neas) is the result of an investigation started by the Danish Regulatory Authority for Energy (Danish Utility Regulator, DUR) in 2016 and referred to the Danish State Prosecutor for Serious Economic and International Crime.

American Financial Exchange (AFX) Achieves Record Growth In Volume And Membership In 2018. - Year-Over-Year Quarterly Volume Increases By 300% And A 60% Increase In Number Of Members

Date 15/01/2019

American Financial Exchange (AFX), a centralized, electronic, self-regulated, fully transparent platform launched in 2015 to directly reflect true unsecured funding costs for a nationally broad base of U.S. banks and financial institutions in the private sector, announces its 2018 results.

Moscow Exchange Launches Options On US 500 Index Futures

Date 15/01/2019

On 16 January 2019, Moscow Exchange will launch trading in options on the US 500 Index futures contract.

ESAs Announce Multilateral Agreement On The Exchange Of Information Between The ECB And AML/CFT Competent Authorities

Date 15/01/2019

The European Supervisory Authorities (ESAs) approved on 10 January 2019 the content of the Multilateral Agreement on the practical modalities for exchange of information between the European Central Bank (ECB) and all competent authorities (CAs) responsible for supervising compliance of credit and financial institutions with anti-money laundering and countering the financing of terrorism (AML/CFT) obligations under the fourth Anti-Money Laundering Directive (AMLD4). The Agreement will create a clear framework for exchanging information between the ECB and CAs and potentially will enhance the effectiveness of their supervisory practices.

20th Anniversary Of The Euro: Speech By Mario Draghi, President Of The European Central Bank, At The Session Of The Plenary Of The European Parliament To Mark The Anniversary Of The Euro In Strasbourg, 15 January 2019

Date 15/01/2019

It is with great pleasure that I am here today to celebrate with you the first 20 years of the euro. The euro is the most tangible representation of European integration that our citizens encounter, on a daily basis. It is fitting, then, to celebrate this anniversary here with the directly elected representatives of all our citizens.