News Centre

ESMA Publishes Updated MAR Q&A

Date 20/12/2016

The European Securities and Markets Authority (ESMA) has issued today a Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR). The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the MAR and its implementing measures.

European Council - Council Of The European Union - Capital Markets Union: Council Confirms Deal On Prospectus Rules

Date 20/12/2016

On 20 December 2016, the Permanent Representatives Committee approved, on behalf of the Council, an agreement with the European Parliament on prospectuses for the issuing and offering of securities. 

Underwriting Standards Ease For Fourth Consecutive Year, Office Of The Comptroller Of The Currency Survey Shows

Date 20/12/2016

Underwriting practices among national banks and federal savings associations (FSAs) eased for a fourth consecutive year in 2016, according to a report released today by the Office of the Comptroller of the Currency (OCC).

Deutsche Börse: Update On Potential Sale Of LCH.Clearnet SA

Date 20/12/2016

Further to the announcement by Deutsche Börse AG (“DBAG”) of 28 September 2016 that the London Stock Exchange Group plc (“LSEG”) and LCH.Clearnet Group Limited ("LCH Group") are exploring the sale of LCH.Clearnet SA, LCH Group’s French-regulated operating subsidiary, in order to address proactively anti-trust concerns raised by the European Commission in relation to certain businesses, LSEG and LCH Group have confirmed that they have entered into exclusive discussions with Euronext N.V. There can be no certainty that this will lead to any transaction or as to the terms upon which any transaction might proceed.

SEC Charges Morgan Stanley With Customer Protection Rule Violations

Date 20/12/2016

The Securities and Exchange Commission today announced that Morgan Stanley & Co. LLC has agreed to pay $7.5 million to settle charges it used trades involving customer cash to lower the firm’s borrowing costs in violation of the SEC’s Customer Protection Rule.

Abacus Group Launches AbacusFLEX Protect - Managed Cloud Services Provider For Alternative Investment Funds Provides Unparalleled Protection Of Critical Client Data

Date 20/12/2016

Abacus Group, a leading provider of hosted cloud IT solutions for alternative investment funds, today announced an expansion of the firm’s cybersecurity services with the launch of AbacusFLEX Protect.

BlackRock ETP Landscape November 2016 - Industry Highlights

Date 20/12/2016

Industry Highlights

• Global ETP flows surged in November post-election to resume record year-to-date pace.
• Global ETPs gathered $56.0bn in November, the best month since December 2014, following Donald Trump’s surprise victory in the U.S. presidential election with flows fueled by U.S. equities
• U.S. equity flows surged in the month, garnering new monthly flow records in small-caps, financials and industrials as well as strong flows to large-caps on hopes for new stimulus and favorable policies
• Fixed income remains on record year-to-date pace, with record monthly flows in U.S. TIPS funds of $2.4bn while conventional Treasuries shed ($2.0bn), dampened by prospects for higher rates in the U.S
• Broad emerging markets (EM) equities and emerging markets debt shed ($3.2bn) and ($3.3bn), respectively, as the U.S. dollar strengthened
• Commodity fund flows were marked by sharp outflows from gold funds of ($4.5bn)

Borsa İstanbul’s Bell Rings For “İş Investment”

Date 20/12/2016

Borsa İstanbul’s bell rang for the 20th anniversary of İş Investment today

Hong Kong's Securities And Futures Commission: Pilot Test On Expanded Short Position Reporting

Date 20/12/2016

The Securities and Futures Commission (SFC) will run a pilot test of the Short Position Reporting Service from 11 January to 10 March 2017 to facilitate market participants’ preparations for the expanded short position reporting requirements.

ESMA Updates Q&A On Prospectus Directive

Date 20/12/2016

The European Securities and Markets Authority (ESMA) has published an updated questions and answers (Q&A) document on the application of the Prospectus Directive.