News Centre

ETFGI Reports ETFs/ETPs Listed In Europe Gathered 5 Billion US Dollars In Net New Asset In June 2016

Date 14/07/2016

ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported ETFs/ETPs listed in Europe gathered US$5 billion in net new asset in June 2016 which marks the 21 months of consecutive net inflows, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report (click here to view the ETFGI asset growth chart for Europe listed ETFs/ETPs).

UK's Financial Conduct Authority Publishes Terms Of Reference For The Retirement Outcomes Review

Date 14/07/2016

The Financial Conduct Authority (FCA) has today published the Terms of Reference for its Retirement Outcomes Review (ROR) which will assess how competition is developing in the retirement income market.

SIX Exchange Regulation: Reprimand Issued Against Addex Therapeutics Ltd

Date 14/07/2016

SIX Exchange Regulation reprimands Addex Therapeutics Ltd for several errors in its 2014 IFRS annual financial statements and its 2015 IFRS interim financial statements.

ASIC Reports On Review Of Due Diligence Practices In IPOs

Date 14/07/2016

An ASIC review of issuer due diligence in initial public offerings (IPO), has found a close correlation between defective disclosure in a prospectus and poor due diligence.

New Zealand's Financial Markets Authority: FMCA Licensing Hits The Home Straigh

Date 14/07/2016

The deadline is looming for fund managers to get licensed under the Financial Markets Conduct Act (FMCA) and the Financial Markets Authority is putting out the final call to those that want to stay in the game.

Office Of Financial Research Update - Well-Designed “Microdata” Can Help Companies And Regulators Monitor Risks

Date 13/07/2016

The OFR released a blog today by Director Richard Berner saying well-designed “microdata” can help companies and regulators monitor risks. The blog post follows a paper that OFR Deputy Director Con Crowley presented on the topic recently at a European Central Bank conference.

New Study Ranks CDS Pricing Among Lowest In The World - Value Of Services Provided By Canada's Securities Depository Measures Favourably Versus Peers

Date 13/07/2016

The Canadian Depository for Securities (CDS), a wholly-owned subsidiary of TMX Group, today released the findings of a new study conducted earlier this year by Butterill and Associates that compared pricing among the world's leading central securities depositories (CSDs).

New York Attorney General Eric T. Schneiderman Lawsuit Targets Alleged Fraudulent Posting On Popular Crowdfunding Website - Suit Alleges Binghamton-Area Woman Pocketed A Portion Of Proceeds Of Scholarship Fund Established In Name Of Deceased Suny Brockport Student - Schneiderman Offers Consumer Tips For Making Donations Via Crowdfunding Websites

Date 13/07/2016

Attorney General Eric T. Schneiderman today announced that his office has filed a lawsuit against a Binghamton-area woman for allegedly pocketing a portion of proceeds raised via a GoFundMe.com charitable campaign. Meghan Terry, of Endicott, NY, began a GoFundMe fundraising campaign last year to raise money for a scholarship fund established in the name of Collin Murray, a Binghamton area resident who tragically died in 2015 while attending SUNY Brockport. The lawsuit alleges that Ms. Terry raised almost $2,600, after expenses, but only turned over $1,330 for the scholarship fund. 

Unscheduled Adjustment In DAX - Share Class Of Deutsche Börse AG To Be Replaced -Changes To Be Effective As Of 18 July 2016

Date 13/07/2016

On Wednesday, Deutsche Börse announced an unscheduled change to DAX. As a result of the expected merger of Deutsche Börse AG and London Stock Exchange plc, the Deutsche Börse AG current share class (ISIN DE0005810055) in the index will be replaced with the tendered share class of Deutsche Börse AG (ISIN DE000A2AA253). These changes will become effective on 18 July 2016.

SIFMA Supports Administration's Treatment Of Data Localization In Trade And Investment Agreements - Urges Passage Of TPP

Date 13/07/2016

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO in support of the Administration's treatment of data localization in trade and investment agreements and urges passage of the Trans-Pacific Partnership (TPP):

"SIFMA appreciates the constructive efforts of the Treasury Department and USTR to address our concerns regarding data transfer and localization provisions through enforceable commitments in trade and investment agreements.  The new policy approach puts financial services firms on equal footing with other sectors who also depend on the free flow of data and server localization flexibility to run their global operations. We also commend Congress for engaging in this dialogue to advance the policy."