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UK's Financial Conduct Authority Introduces Cap On Early Exit Pension Charges
Date 15/11/2016
The Financial Conduct Authority (FCA) has today announced its final rules on capping early exit charges for consumers eligible to access the government’s pension reforms from age 55.
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DGCX Welcomes ICBC As A Clearing And Settlement Bank
Date 15/11/2016
Dubai Gold & Commodities Exchange (DGCX) today announced that Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank, has joined as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) - a wholly owned subsidiary of DGCX that acts as a central counterparty for all trades executed on the Exchange. With the addition of ICBC, DCCC has expanded its network of Settlement and Clearing Banks to 6 global banks.
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Qatar Stock Exchange: The MSCI Index Review
Date 15/11/2016
MSCI announced the result of the periodical review. For the Companies listed at QSE The outcome of the review is as follows:
Deletion(s) from the MSCI Qatar Index:
Vodafone Qatar (VFQS)
The changes to the MSCI Qatar index will become effective on
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Shenzhen Stock Exchange Market Bulletin 14 November, 2016, Issue 38
Date 15/11/2016
According to a report jointly published by the National Bureau of Statistics (NBS), the Ministry of Science and Technology and the Ministry of Finance, China's research and development (R&D) spending has consistently gone up and reached about US$ 208.4bn in 2015, up 8.9 percent over 2014. Last year's R&D expenditure equaled 2.07 percent of the GDP, up from 2.02 percent in 2014 and marking the third straight year above the 2-percent mark. Chinese companies were the largest contributor, according to the report. Enterprises, led by those in the manufacturing, computer and telecommunications sectors, spent about US$ 156.0bn on R&D in 2015, up 8.2 percent from the previous year and accounting for 76.8 percent of the total.
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Nasdaq Names Adena Friedman Chief Executive Officer - Robert Greifeld Nasdaq Chairman Of The Board
Date 14/11/2016
Nasdaq is today announcing its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017.
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SEC Chair Mary Jo White Announces Departure Plans - Strengthened Protections For Investors And Our Markets Through Transformative Rulemaking And Vigorous Enforcement
Date 14/11/2016
SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis. The Commission also instituted a new approach to enforcement that has resulted in greater accountability and record actions through, among other things, the use of admissions of wrongdoing and enhanced data analytics and technology.
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London Champions Green Finance On The Global Stage
Date 14/11/2016
The UK leads the world in Green Finance because of the City’s mix of expertise and innovation, according to a report published by the City of London Corporation’s Green Finance Initiative today (11 November).
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Remarks Of CFTC Chairman Timothy Massad Before The CME Global Financial Leadership Conference, November 14, 2016
Date 14/11/2016
Thank you very much. It is an honor to be here. It’s also a challenge to speak at this point in the program. First, you have the fact that preceding me were former Speaker John Boehner, Chuck Todd, David Axelrod, and Karen Hughes. They all gave very insightful commentary on what lies ahead for our country after one of the greatest political upheavals of our lifetime. And following my remarks is the cocktail hour. That’s always appealing and perhaps even more so as we all try to digest what has happened. So yes, I am the only thing between you and the bar.
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Remarks By U.S. Treasury Acting Under Secretary Adam Szubin At The ABA/ABA Money Laundering Enforcement Conference
Date 14/11/2016
Thank you, Rob, for your kind introduction and thank you to the American Bankers Association and American Bar Association for inviting me to speak today. I recognize many of you from last year’s Conference, and it is a pleasure to be back again this year.
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CFTC Commitments Of Traders Reports Update
Date 14/11/2016
The current reports for the week of November 8, 2016 are now available.
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