News Centre

Wylie Tollette, Chief Operating Investment Officer, Leaving CalPERS Investment Office - Investment Director Matt Flynn Named Interim Replacement

Date 04/12/2017

The California Public Employees' Retirement System today announced that Wylie Tollette, CalPERS chief operating investment officer (COIO), is leaving the pension fund to return to mutual fund giant Franklin Templeton Investments.

SEC Emergency Action Halts ICO Scam

Date 04/12/2017

The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.

Successful 2017 Investor Relations Conference - SIX Swiss Exchange Invited The Investor Relations Community To Its Eleventh Annual IR Conference This Year.

Date 04/12/2017

The 2017 Investor Relations Conference took place on 30 November and for the first time was held at Hard Turm Park, the new offices of SIX. Around 80 customers were invited to this all-day information and networking event, which covered a broad range of topics and offered interesting talks, panel discussions and workshops.

Borsa Italiana Launches FTSE Italia PIR Mid Cap Futures

Date 04/12/2017

• The underlying index tracks the performance of Italian companies that comply with the Piani Individuali di Risparmio (PIR) law introduced in Italy in 2017
• The new futures contract allows investors to manage their exposure to the Italian Mid Cap equities segment in an efficient way
• Exane and Societe Generale will provide liquidity as market makers from launch date

Irish Stock Exchange: British Bank, Sainsbury’s Bank Plc, Lists £175m Notes On GEM

Date 04/12/2017

Sainsbury’s Bank plc has listed on the Global Exchange Market (GEM) of the Irish Stock Exchange (ISE) for the first time with issuance of £175m notes. The notes, with a 6% interest rate, have a maturity date of November 2027.

Remarks Before The 2017 AICPA Conference On Current SEC And PCAOB Developments, Nigel J. James, Associate Chief Accountant, Office Of The Chief Accountant

Date 04/12/2017

What is this about?

The Monitoring Group (MG), a group of international financial institutions and regulatory bodies committed to advancing the public interest, monitors and oversees the governance structure of international audit, ethics and education standard-setting for accountants. On November 9, 2017, the MG issued a consultation paper (the Paper) for public comment that is intended to reform the international audit and ethics standard-setting model, primarily to address the perception of undue influence by the profession over the standard-setting process. 

EEX Publishes Details Regarding The Transfer Of Its Non-MTF Offer To OTF

Date 04/12/2017

On 3rd January 2018, EEX will transfer its existing Non-MTF offer to a so-called “Organised Trading Facility (OTF)” – subject to approval by the competent supervisory authority. Below you will find further details regarding the admission requirements, contract specifications and physical settlement process for OTF positions.

Remarks Before The 2017 AICPA Conference On Current SEC And PCAOB Developments, Michael P. Berrigan, Professional Accounting Fellow, Office Of The Chief Accountant

Date 04/12/2017

Introduction

Good morning and thank you for the opportunity to speak with you today.  This morning I will provide an update on the Office of the Chief Accountant’s (“OCA”) efforts with respect to implementation of the new leases standard, including my observations related to certain consultation requests received by OCA as well as some observations related to entities’ lease implementation activities.

The staff’s involvement in the implementation of the new leases standard has focused on actively monitoring implementation efforts and continued dialogue with stakeholders to discuss emerging accounting questions identified as a result of their implementation progress. Conclusions provided by OCA to date, primarily relate to scoping and transition issues. Today I’d like to share my observations on two of these consultations to illustrate the types of questions raised to OCA and how OCA has thought about the issues.

CME Group Chief Financial Officer, Global Head Of Financial And OTC Products And Senior Managing Director Of Government Relations And Regulatory Affairs To Present At Goldman Sachs Conference

Date 04/12/2017

CME Group announced today that John Pietrowicz, Chief Financial Officer; Sean Tully, Senior Managing Director and Global Head of Financial and OTC Products; and Linda Rich, Senior Managing Director of Government Relations and Legislative Affairs, will present at the Goldman Sachs U.S. Financial Services Conference in New York on Tuesday, December 5, at 1:30 p.m. (Eastern Time). 

Remarks Before The 2017 AICPA National Conference On Current SEC And PCAOB Developments - Joseph R. Epstein, Professional Accounting Fellow, Office Of The Chief Accountant

Date 04/12/2017

Introduction

Good morning. I would like to share some observations from consultations OCA has received related to the new revenue standard (“Topic 606”), including observations on the accounting for pre-production arrangements and the identification of performance obligations.