News Centre

DIFC Authority Signs MoU With Government Of Dubai Legal Affairs Department Concerning Licensing And Practice Of Legal Profession In The Emirate - Agreement Is Conducive To Developing Legal Services In Line With Global Best Practices

Date 04/04/2017

The Dubai International Financial Centre Authority (DIFC Authority) has signed a Memorandum of Understanding (MoU) with the Government of Dubai Legal Affairs Department (LAD) to collaborate on projects regulating the licensing and practice of the legal profession in the Emirate.

OneChicago Announces Trading Volume For March 2017

Date 03/04/2017

OneChicago, LLC (OCX), a securities finance exchange, today announced its March 2017 volume of 1,469,494, an increase of 2% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,800 equities, including ADRs and ETFs.

ESMA Updates Q&A On MiFIR Data Reporting

Date 03/04/2017

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

Public Pension Capital Acquires Viteos Fund Services

Date 03/04/2017

Public Pension Capital (PPC) and FiveW Capital today announced they, together with Viteos management, have acquired Viteos Fund Services, a leading provider of middle‐ and back‐office technology and services for the investment management industry. The transaction brings together a group of financial and strategic investors experienced in building and growing technology and service providers. The Viteos management team will continue to lead the company.

ESMA Updates EMIR Q&A And Validation Rules

Date 03/04/2017

The European Securities and Markets Authority (ESMA) published today an update of its Q&As on practical questions regarding the European Markets Infrastructure Regulation (EMIR) following the publication of the revised technical standards on reporting under Article 9 of EMIR.

BISX Passes Fund Listing Milestone With Listing Of Over 50 Funds

Date 03/04/2017

The Bahamas International Securities Exchange (BISX) is pleased to announce the listing of the following funds:

1. Panorama Fund LDC, (Panorama),

2. Matrix Fund Investment Ltd. SAC – Class AG (“Matrix Class AG”), and

3. Matrix Fund Investment Ltd. SAC – Class MK (“Matrix Class MK”).

The Expanding Scope Of Individual Accountability For Corporate Misconduct - Speech By Mark Steward, Director Of Enforcement And Market Oversight At The FCA, Delivered At The New York University Program On Corporate Compliance And Enforcement

Date 03/04/2017

Highlights:

• The Senior Managers and Certification Regime marks an important and decisive shift in the right direction in tackling conduct issues.
• Corporate fiduciary duties of care and diligence imposed on company directors are probably the closest statutory precedent for senior management liability.
• There is no free pass for firms and so the Senior Managers Regime does not mean there will be an end to action against firms, including heavy financial penalties.

Forbes Israel Celebrated Its 30 Under 30 EMEA Summit Israel

Date 03/04/2017

Fidelity International Lists Its First European ETFs On The Irish Stock Exchange

Date 03/04/2017

Fidelity International has launched its first European exchange traded funds (ETFs) with the Main Securities Market (MSM) of the Irish Stock Exchange (ISE) chosen as the primary listing venue.

OCC Cleared Contract Volume Up Nine Percent In March

Date 03/04/2017

• Futures volume up 68 percent in March, highest month ever
• Index options volume up 18 percent
• Securities lending activity up 25 percent in March and 21 percent year-to-date