News Centre

DIFC Launches A USD 100 Million FinTech Fund

Date 14/11/2017

• In the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum 
• Fund demonstrates DIFC’s commitment to shaping MEASA's financial landscape and enhancing its position as the region's leading financial centre
• Global Financial Forum gathered over 350 finance and economics experts to talk about ‘Navigating the New Order’ 

CFTC Finds Statoil ASA Attempted To Manipulate The Argus Far East Index, A Propane Benchmark, To Benefit Statoil’s NYMEX-Cleared Swaps Position - Norwegian Energy Company Ordered To Pay A $4 Million Civil Monetary Penalty

Date 14/11/2017

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Statoil ASA (Statoil), an international energy company headquartered in Stavanger, Norway. The CFTC Order finds that from as early as October 2011 through November 2011, Statoil attempted to manipulate the Argus Far East Index (FEI) in order to benefit Statoil’s physical and financial positions, including Statoil’s NYMEX-cleared over-the-counter swaps which settled to the Argus FEI. The Order requires Statoil to pay a $4 million civil monetary penalty and orders Statoil to cease and desist from violating Section 9(a)(2) of the Commodity Exchange Act (CEA).

ESM Taps 2022 Bond For €1 Billion In Auction 

Date 14/11/2017

The European Stability Mechanism (ESM) today conducted a tap of its 0% 6-year bond maturing on 18 October 2022 through an auction. The deal raised €0.9665 billion, bringing the total size of the bond to €3.9965 billion.

Thomson Reuters Announces Suite Of Reference Data Capabilities To Help Financial Industry Meet MiFID II Transparency And Reporting Requirements - DataScope Solutions To Deliver Wide Range Of Reference-Data Preparatory Insights For Institutional Asset Managers

Date 14/11/2017

Demonstrating its commitment to deliver a comprehensive suite of solutions to assist the financial services industry in complying with impending January 3, 2018, MiFID II reference-data requirements, Thomson Reuters has enhanced its reference-data capabilities, available on its integrated data and analytics delivery platform, DataScope. Thomson Reuters DataScope will deliver key regulatory content and will link crucial information, such as reference data, corporate actions, entity data, end-of-day data and intraday data in an insightful and actionable way for customers to meet MiFID II requirements.

Fiserv Recognized With Innovative Solutions Award From BankNews - Commercial Center: Security Voted By Banking Professionals As Best Authentication/Fraud/Cybersecurity Solution

Date 14/11/2017

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that its Commercial Center℠: Security solution took top honors in the Authentication/Fraud/Cybersecurity category of the 2017 Innovative Solutions Awards, sponsored by BankNews. Winners are determined by vote from banking professionals.

‘Blockchain Will Be Bigger Than The Dotcom Boom’ - Says Author Of New Book On Cryptocurrency Trading - Trading Cryptocurrencies: A Beginner’s Guide - Bitcoin, Ethereum, Litecoin By Clem Chambers Is Out Now

Date 14/11/2017

Using layman’s terms, the guide - published by ADVFN Books – shows the reader where to start in the exciting world of cryptocurrencies. Talking from first-hand experience, Chambers covers what cryptocurrencies are, how they work and how to make money from them. From the ground up, the book explains how Bitcoin exchanges and trading sites work and walks the reader through their first purchase of Bitcoins and other cryptocoins.

Remarks Before The Financial Executives International 36th Annual Current Financial Reporting Issues Conference: Effective Financial Reporting In A Period Of Change - Wesley R. Bricker, Chief Accountant, U.S. Securities And Exchange Commission, New York, NY, Nov. 14, 2017

Date 14/11/2017

Introduction

Good morning and thank you Heather Dixon for the kind introduction. Before I begin, let me remind you that the views expressed today are my own and not necessarily those of the Commission, the individual Commissioners, or my colleagues on the Commission staff.

Mexican Bank Intercam And Brickblock Discussing Partnership To Offer Tokenized ETFs

Date 14/11/2017

Intercam Banco Founder and President Eduardo Garcia Lecuona has expressed interest in partnering with Brickblock, the first platform to combine cryptocurrencies and real-world assets on the blockchain, to expand his company’s exchange-traded fund (ETF) offerings.

ESMA Updates MiFID II Q&A On Commodity Derivatives

Date 14/11/2017

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&As) regarding commodity derivatives under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

Thomson Reuters Defines Global Energy Leadership With Ranking Of Top 100 Companies - Energy Leaders Outperform S&P 500 Snd MSCI World Energy-Daily Indices

Date 14/11/2017

Thomson Reuters unveiled the Top 100 Global Energy Leaders, the industry’s first, holistic assessment identifying today’s leading energy companies. The study objectively determines the organizations that demonstrate the fortitude to excel in a complex business environment across eight pillars of performance: Financial, Management and Investor Confidence, Risk and Resilience, Legal Compliance, Innovation, People and Social Responsibility, Environmental Impact, and Reputation. The patent-pending methodology supporting the initiative was developed by Thomson Reuters Boston Innovation Lab.