News Centre

Amman Stock Exchange: The ASE index Quarterly Review

Date 28/09/2017

Mr. Nader Azar the CEO of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE index constituents in purpose of ensuring that the ASE General Price Index reflects the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies using the full market capitalization of the companies and the number of trading days during last quarter. It is worth mentioning that the criteria adopted by the ASE are similar to the international practices applied in this field. These criteria are applied by many leading international index providers.

Qatar Stock Exchange: QE Index, QE Al Rayan Islamic Index And QE All Share Constituents October 1st 2017

Date 28/09/2017

QE Index, QE Al Rayan Islamic Index and QE All Share constituents October 1st 2017

QE Index

Al Meera Consumer Goods Company, Qatar First Bank and Mazaya Qatar will join QE Index. Aamal and Qatar Insurance will be removed from the index.

ESMA Publishes Guidelines On Suitability Assessment For Management Body Of Market Operators And Data Reporting Service Providers

Date 28/09/2017

The European Securities and Markets Authority (ESMA) has published its Guidelines for the management body of market operators and data reporting services providers.

SEC: Medical Manufacturer Settles Accounting Fraud Charges

Date 28/09/2017

A Massachusetts-based medical manufacturer has agreed to pay more than $13 million to settle charges that it committed accounting fraud through its subsidiaries to meet revenue targets and made improper payments to foreign officials to increase sales in certain countries.

Office Of The Comptroller Of The Currency Releases Bank Supervision Operating Plan For Fiscal Year 2018

Date 28/09/2017

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2018.

The plan provides the foundation for policy initiatives and for supervisory strategies as applied to individual banks. OCC staff members use this plan to guide their supervisory priorities, planning, and resource allocations. The plan outlines the supervisory priorities for the National Risk Committee, Large Bank Supervision, Midsize and Community Bank Supervision, Compliance and Community Affairs, the Office of the Chief National Bank Examiner and the supervision of technology service providers.

CFTC Orders Connecticut-Based Tillage Commodities, LLC To Pay A $150,000 Civil Monetary Penalty For Supervision Failures

Date 28/09/2017

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Connecticut-based Tillage Commodities, LLC (Tillage), a Commodity Pool Operator (CPO), for failure to supervise its fund administrator’s operation of the commodity pool’s bank account containing pool participants’ funds. Tillage has been registered as a CPO with the CFTC since 2013, with its principal office located in Stamford, Connecticut.

Luxembourg And China Strengthen Collaboration And Commit To Working Closer Together In Climate Finance

Date 28/09/2017

Luxembourg’s Minister of Finance, Pierre Gramegna, is in China for high-level bilateral meetings this week, including with Minister of Finance Xiao Jie and Governor Zhou Xiaochuan of the PBOC. The Minister is heading a delegation of more than 70 key decision-makers from Luxembourg’s financial services industry.

Etch ICO To Revolutionise Payroll Platform Boosted By KPMG Collaboration

Date 28/09/2017

It is revealed today (Thursday September 28) that Etch (www.etch.work), a UK business hosting an Initial Coin Offering (ICO) that runs until Wednesday October 18 2017, is receiving support from one of the world’s ‘big four’ accountancy firms, KPMG.

EEX: Exchange Council Backs Phelix-DE As The Way Forward For German Power Futures

Date 28/09/2017

On Friday 22nd September, the Exchange Council of the European Energy Exchange (EEX) held its third meeting of 2017 in Paris. The meeting was chaired by Dr Michael Redanz, Managing Director of EWE Trading GmbH. The Exchange Council discussed a wide range of topics including the significant volume growth of the Phelix-DE Future since launch as well as EEX’s implementation strategy ahead of the upcoming MiFID II deadline.

The Independent Bank Of England--20 Years On, Federal Reserve Vice Chairman Stanley Fischer At "20 Years On," A Conference Sponsored By The Bank Of England, London, England

Date 28/09/2017