News Centre

DTCC’S Legal Entity Identifier Service, GMEI Utility, Awarded GLEIF Accreditation - Largest LEI Issuer Maintains Commitment To Data Quality

Date 20/03/2017

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its subsidiary operating the Global Markets Entity Identifier utility[1] (GMEI utility) has received official accreditation from the Global Legal Entity Identifier Foundation (GLEIF). The GMEI utility was among the first legal entity identifier (LEI) issuers to be endorsed by the LEI Regulatory Oversight Committee (LEI ROC) and continues to operate as the largest by share of the total LEIs issued worldwide.

E Fund HK Develops Its First Hang Seng Index Inverse Product (7302.HK) Jointly With Taiwan's Yuanta Funds

Date 20/03/2017

E Fund Management (HK) Co., Ltd ("E Fund HK") has invited Yuanta Securities Investment Trust Co., Ltd ("Yuanta Funds"), one of Asia's largest inverse ETF issuer1, to be its technical advisor for developing the E Fund Yuanta Hang Seng Index Daily (-1x) Inverse Product (7302.HK), which was officially listed on the Stock Exchange of Hong Kong today. This is E Fund HK's first inverse product, offering an alternative investment instrument for investors in Mainland China and Hong Kong.

Chartered Body Alliance Welcomes BSB First Good Practice Guidance For Banks & Building Societies

Date 20/03/2017

The Chartered Body Alliance (the Alliance) welcomes the publication of the Banking Standards Board’s (BSB) first good practice guidance for banks and building societies, assessing the fitness and propriety of staff subject to the Certification Regime. [1] [2]

ACER Finds ENTSOG’s Plan For Gas Infrastructure Contributes To Non-Discrimination And Effective Competition, But Should Improve Its Cost Analysis

Date 20/03/2017

ACER publishes today its Opinion on the European Network of Transmission System Operators for Gas (ENTSOG)’s draft Ten-Year Network Development Plan (TYNDP) for 2017. The Agency considers that the plan is in line with the relevant European Commission Regulation in terms of contributing to non-discrimination, effective competition, and secure market functioning, but fails regarding the quality of the cost-benefit analysis (CBA). A significant part of the CBA shortcomings were already noted in the Opinion of the Agency on the TYNDP 2015. Due to the lack of proper CBA, the draft TYNDP 2017 may not sufficiently contribute to the efficient functioning of the market.

Nigerian Stock Exchange Partners Access Bank To Celebrate Global Money Week Across Nigeria

Date 20/03/2017

Consistent with its commitment to promote financial literacy and inclusion in Nigeria, The Nigerian Stock Exchange (NSE or Exchange) in collaboration with Access Bank Plc will commemorate the 2017 Global Money Week themed: ‘Learn. Save. Earn’with a series of educational programs to raise awareness and improve the capabilities of young people to make sound decisions when it comes to financial matters.

Al Mawared Amman Stock Exchange Weekly Report - Mar 12 – Mar 16, 2017

Date 20/03/2017

Market Summary

• Amman Stock Exchange (ASE) Share Price Index closed the week at 2,237.26 increasing 1.11% month to date and increasing 1.51% week to date 
• Total market capitalization at market close on 16th of March 2017 was JD 18.3 billion increasing 2.72% month to date and increasing 2.67% week to date 
• USD/JD peg range (0.7097 – 0.7100)   

Quayle Munro Advises FactSet On Its Acquisition Of BISAM

Date 20/03/2017

Quayle Munro is pleased to announce that it has advised FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, on its acquisition of BISAM Technologies S.A. (“BISAM”), a leading provider of portfolio performance and attribution, multi-asset risk, GIPS composites management and reporting. BISAM was acquired from Aquiline Capital Partners and company insiders at a valuation of $205.2 million.

Thomson Reuters Completes Clarient And Avox Acquisitions Creating Best-In-Class KYC And Legal Entity Data Due Diligence Standards - Acquisitions Strengthen Thomson Reuters Relationship With DTCC, Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, State Street And Other Clients For Compliance Solutions That Enable Them And Their Customers To Conduct Global Business

Date 20/03/2017

Thomson Reuters has completed its acquisitions of Clarient Global LLC and Avox Limited, expanding its risk-management footprint and its ability to provide a best-in-class standard of customer solutions by integrating both businesses into its portfolio of risk management, compliance and data offerings. 

IPC And Actiance Collaborate To Provide Next-generation Archival Solutions Empowering Financial Services Industry Compliance - Development Of Holistic Cloud Solution To Help Customers Meet Increasingly Stringent Regulatory Requirements

Date 20/03/2017

IPC Systems, Inc. (IPC), a leading provider of global communications solutions and software for the financial services industry, announced an agreement with Actiance, a global leader in communications compliance, and archiving. This collaboration will leverage Actiance's Alcatraz solution by offering IPC's financial services customers a holistic archival solution across various digital communications, including voice.

Securities Commission Malaysia Files Civil Suit Against Three Individuals For Insider Trading

Date 20/03/2017

Securities Commission Malaysia (SC) has filed a civil suit at the Kuala Lumpur High Court against three individuals – namely Koh Tee Jin, Koh Thiam Seong and Koh Hui Sim – for insider trading involving the shares of Axis Incorporation Berhad (Axis).