News Centre

Second ACER Report On The Implementation Of The Balancing Network Code Available Online

Date 16/11/2017

The Agency publishes today its second Report on the implementation of the Balancing Network Code, which sheds light on the different features of balancing design. Balancing is about creating a market where countries can share the resources used by their transmission system operators and about allowing new players such as demand response and renewables to take part in this market. All in all, Balancing helps increase security of supply, limit emissions and diminish costs to customers. The Report describes the status of the implementation and application of the Code across the EU Member States. The Code is applicable since 1 October 2015.

Singapore FinTech Festival: 10 Innovative FinTech Solutions Recognised At The 2017 FinTech Awards

Date 16/11/2017

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 10 FinTech companies a total of S$1.15 million at the FinTech Awards.

EEX Acquires 100% Of Powernext

Date 16/11/2017

The European Energy Exchange (EEX) , the leading energy exchange in Europe, has acquired the remaining 12.3% shareholding in French-based Powernext from 3GRT and EDF. In doing so, EEX becomes the sole owner of Powernext with immediate effect. 

Hong Kong's Securities and Futures Commission Concludes Consultation On Asset Management Regulation And Point-Of-Sale Transparency And Further Consults On Disclosure Requirements For Discretionary Accounts

Date 16/11/2017

The Securities and Futures Commission (SFC) today released consultation conclusions on proposals to enhance asset management regulation and point-of-sale transparency.  The SFC also launched a further consultation on disclosure requirements applicable to discretionary accounts.

TradEcho’s Smart Report Router Now Connected To The Cboe Europe Equities APA - Clients Who Use Tradecho’s Smart Report Router (SRR) Can Now Report Trades To The Cboe Europe Equities (Formerly Known As Bats Europe) APA

Date 16/11/2017

TRADEcho is the real-time MiFID II pre and post-trade reporting service delivered through a partnership between the London Stock Exchange Group and Simplitium (formerly known as Boat Services). 

HKEX Announces Results Of Annual Review Of Trading-Fee Tiers For Stock Options

Date 16/11/2017

• Annual reviews conducted for possible reclassification within 3 trading-fee tiers
• 14 Stock Option classes to be reclassified from 2 January 2018

ASEAN Financial Innovation Network To Support Financial Services Innovation And Inclusion

Date 16/11/2017

IFC, a member of the World Bank Group, the Monetary Authority of Singapore (MAS) and the ASEAN Bankers Association (ABA), today introduced, an industry FinTech sandbox for financial institutions and FinTech firms as part of the ASEAN Financial Innovation Network (AFIN), at the sidelines of the 2017 Singapore FinTech Festival. AFIN aims to support financial services innovation and inclusion in less developed markets within the ASEAN region and to provide a platform for collaboration and innovation for financial institutions and FinTech firms.

Eurex Launches New FI Hedging Tools

Date 16/11/2017

Following the introduction of corporate bond futures, Eurex – a part of Deutsche Börse Group – once again acts as first mover in the fixed income derivatives markets. To further support the financial industry in hedging their portfolios, Europe’s leading derivatives exchange launches options on fixed income ETFs. 

Saudi Arabia's Capital Market Authority: Listed Companies To Be Exempted From Disclosing Initial Financial Statements For Fourth Quarter To Apply Best International Standards

Date 16/11/2017

The Capital Market Authority (CMA) points out that its decision announced by the CMA Board to exempt listed companies from disclosing financial statements for the fourth quarter of the current fiscal year is part of CMA's ongoing efforts to develop the financial market in the Kingdom. It also stems from CMA's keenness to keep up with continuous changes in global markets, as well as applying best international standards and practices, taking into account the transition to  the International Financial Reporting Standards (IFRS).

FCA Slow To Grasp Implications Of Approved Persons Register Abolition - And Complacent On Updating Training And Competence Rules, Says CISI

Date 16/11/2017

The CISI has reiterated its concerns around the abolition of the Financial Conduct Authority’s (FCA) Approved Person’s Register, and the impact to the consumer, in its latest response to an FCA consultation.