News Centre

Bank Of England: Working Together For An ‘Ethical Lift’ Across Finance: Nemat (Minouche) Shafik - Deputy Governor, Markets & Banking And James Proudman - Executive Director, UK Deposit Takers

Date 20/10/2016

Bank of England Deputy Governor Minouche Shafik and Executive Director James Proudman today speak at the New York Federal Reserve’s conference ‘Reforming Culture and Behaviour in the Financial Services Industry: Expanding the Dialogue’. We have published the text of both speeches here.

OCC Comments On CPMI-IOSCO Report On Resilience And Recovery Of CCPs

Date 20/10/2016

In a letter to The Committee on Payments and Market Infrastructures (CPMI) and The International Organization of Securities Commissions (IOSCO) regarding the recently released CPMI-IOSCO consultative report on the resilience and recovery of central counterparties (CCPs), OCC said it appreciates that policy makers should be proactive in ensuring that the regulation of financial markets keep pace with market evolution and that smarter regulation is a goal all parties should strive to achieve. OCC stated its concern that certain aspects of the consultation are too prescriptive and do not afford CCPs such as OCC sufficient flexibility to adapt and apply these principles in the most effective manner for their businesses and the markets they serve. In addition, OCC feels that in several areas of the consultation, the further guidance actually contradicts the Committee’s Principles for Financial Market Infrastructures (PFMI), which already have been implemented by most G20 national regulators in the form of binding regulatory requirements.

New ACER Board Of Appeal Takes Office

Date 20/10/2016

On 18 October the ACER Administrative Board (AB) formally appointed the six members and six alternates of the Agency’s Board of Appeal for a term of five years. The members were proposed by the European Commission, following a public call for expression of interest and after consultation of the Board of Regulators. 

Moscow Exchange: Risk Parameters Change For The Securities

Date 20/10/2016

The following risk parameters will be changed:

• IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

IPC's FX Hub To Enable Secure And Reliable Access To Hotspot's Marketplace For Outright Deliverable Forwards

Date 20/10/2016

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, and Hotspot, a leading institutional foreign exchange (FX) market owned and operated by Bats Global Markets, today announced that market participants can now gain secure and reliable access to Hotspot's marketplace for outright deliverable forwards through IPC's FX Hub. The announcement was made at the 2016 FIA Futures & Options Expo in Chicago.  

SIX Swiss Exchange: ETF Quarterly Statistics: 3rd Quarter 2016

Date 20/10/2016

Hong Kong's Securities And Futures Commission: Market Misconduct Tribunal Bans Andrew Left Of Citron Research From Trading Securities In Hong Kong

Date 20/10/2016

The Market Misconduct Tribunal (MMT) has ordered that Mr Andrew Left of Citron Research be banned from trading securities in Hong Kong for the maximum period of five years without the leave of the court after finding him culpable of disclosing false or misleading information inducing transactions under the Securities and Futures Ordinance (SFO) in the publication of a research report on Evergrande Real Estate Group Limited (Evergrande) in June 2012.

ETFGI Reports Assets Invested In ETFs/ETPs Listed In The United States Reached A New Record High Of 2.416 Trillion US Dollars At The End Of Q3 2016

Date 20/10/2016

ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed in the United States reached a new record high US$2.416 trillion at the end of Q3 2016. Net flows gathered by ETFs/ETPs in September were strong with US$13.63 Bn of net new assets gathered during the month marking the 7th consecutive month of net inflows, according to preliminary data from ETFGI’s September 2016 global ETF and ETP industry insights report (click here to view the ETFGI global asset growth chart for ETFs/ETPs listed in the United States). 

HSBC Enables Clearstream Customers To Access China’s Bond Market - Helps Broaden Foreign Participation In The World’s Third Largest Bond Market

Date 20/10/2016

HSBC announced today a partnership with Clearstream to enable customers of the international central securities depository (ICSD) to access China’s Interbank Bond Market (CIBM). HSBC acts in the capacity of onshore bond settlement agent for Clearstream’s overseas institutional investor customers, providing trading execution, settlement and custody services in the CIBM. 

TOM Shareholders To Explore Strategic Alternatives

Date 20/10/2016

The shareholders of TOM have agreed to actively support TOM in finding a new strategic partner that will enable TOM to realise the next step in its development.