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Sean McKessy, Chief Of Whistleblower Office, To Leave SEC

Date 08/07/2016

The Securities and Exchange Commission today announced that Sean McKessy, Chief of the SEC’s Office of the Whistleblower, is planning to leave the agency later this month.
Nigerian Stock Exchange Weekly Report For Week Ending 8 July 2016

Date 08/07/2016

The stock market opened for two trading sessions this week as the Federal Government of Nigeria declared Tuesday 5th, Wednesday 6th and Thursday 7th, 2016 as public holidays to observe the end of the Holy Month of Ramadan and Id-el-Fitr celebrations.
UK's Financial Conduct Authority Issues Guidance Following Property Fund Suspensions

Date 08/07/2016

The Financial Conduct Authority (FCA) has today issued guidance after the decision by a number of funds to announce the temporary suspension of trading in their property portfolios and feeder funds.
EBA Publishes A Report On The Benchmarking Of Diversity Practices At European Union Level

Date 08/07/2016

The European Banking Authority (EBA) issued a benchmarking analysis of diversity practices at EU level showing that only a limited number of institutions have already adopted a diversity policy. In particular, the report highlights that the actual level of diversity in the composition of the management body in institutions differs significantly between Member States, namely regarding the gender diversity. The Authority calls on institutions and Member States to consider additional measures for promoting a more balanced representation of both genders. The report is based on data from 873 institutions from 29 EU and EEA Member States, and covers credit institutions of different sizes as well as investment firms.

The EBA report on the benchmarking of diversity practices showed that the representation of women within the management body is still very low, with 13.6% in the management function and 18.9% in the supervisory function.
TOM MTF Statistics Week 27, 2016

Date 08/07/2016

Click here to download the weekly statistics update of TOM MTF for week 27, 2016.

SIX Swiss Exchange: Index Adjustments On The Occasion Of The Ordinary Index Review

Date 08/07/2016

The Management Committee of SIX Swiss Exchange has decided to make changes to SIX Swiss Exchange index baskets on the basis of a recommendation from the Index Commission and in compliance with the SMI®, SLI®, SPI® and SXI® index rules. The indices will be adjusted on 16 September 2016 after closing. The adjustment takes effect on 19 September 2016.
Sean Mckessy, Chief Of Whistleblower Office, To Leave SEC

Date 08/07/2016

The Securities and Exchange Commission today announced that Sean McKessy, Chief of the SEC’s Office of the Whistleblower, is planning to leave the agency later this month.
UK's Financial Conduct Authority Guidance On Fund Suspensions

Date 08/07/2016

Following the result of the EU referendum, we are aware that some asset managers are experiencing higher than normal levels of redemption requests from investors in their funds.
UK Financial Services Trade And Investment Board's Third Meeting Chaired By Harriett Baldwin - Economic Secretary, Harriett Baldwin: "FSTIB Will Continue To Play An Important Role In Ensuring The Continued Success Of The UK’s Financial Services Sector"

Date 08/07/2016

The Financial Services Trade and Investment Board (FSTIB) met for the third time yesterday (7 July 2016) following its re-launch last year, and was chaired by the Economic Secretary to the Treasury, Harriett Baldwin.
Statement By IMF Managing Director Christine Lagarde: Proposes Appointment Of Mr. Tao Zhang As Deputy Managing Director

Date 08/07/2016

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), announced today her proposal to appoint Mr. Tao Zhang as Deputy Managing Director, effective August 22, 2016. Mr. Zhang is currently Deputy Governor of the People's Bank of China (PBOC). He will succeed Mr. Min Zhu, who steps down on July 25 (see Press Release No. 16/297).