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Federal Reserve Vice Chairman Stanley Fischer At The Panel Discussion On Resolution Riksbank Macroprudential Conference, Stockholm, Sweden, June 22, 2016, Comments On The Resolution Framework For Banks And Bank Holding Companies In The United States

Date 22/06/2016

I'm grateful to the organizers for inviting me to participate in this conference. I would like briefly to describe the legal frameworks that exist for resolving banking organizations in the United States, the steps that the Federal Reserve and other U.S. regulators have taken to make global systemically important banking organizations (GSIBs) in the United States more resolvable, and a few of the criticisms of U.S. regulatory actions in this area, together with my responses to them.

More Financial Institutions Join Ripple’s Global Network - Leading Banks Conduct Successful Real Money Pilots And Move A Step Closer To Commercial Production

Date 22/06/2016

Ripple, the global provider of financial settlement solutions, today announced the addition of seven financial institutions to its growing network. Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial are among the latest banks to adopt Ripple to improve their cross-border payments.

IPC Systems Launches Connexus Cloud, A Secure Communications And Data Collaboration Platform Purpose-Built To Empower Financial Markets Innovators - Algomi Among Inaugural Connexus Cloud Partner Collaborators; More Than 6,000 Customer Locations, 700 Cities And 200,000 Users Connected Across Cloud Network

Date 22/06/2016

In a move that marks a milestone in the evolution of its market strategy, IPC Systems, Inc., a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced its launch of Connexus Cloud. This innovation progresses one of the industry's largest secure encrypted communications platforms connecting IPC's community of 200,000 users across 6,000 market participant locations in 700 cities.  

TABB Group Says MiFID II Compliance Relies On Ability To Source And Utilize Accurate Data - Research Details Data’s Role In Ensuring Successful Analysis Of Best Execution Strategies From Pre To Post-Trade Operations

Date 22/06/2016

In every aspect of a trade, from initiation and client facilitation to final settlement, the need to accumulate, assimilate and evaluate data will be multi-dimensional, cross-asset and cross-regional under the purview of the Markets in Financial Instruments Directive II (MiFID II). Trading and execution venues, the members who use them and the authorities responsible for monitoring them will be required to provide and use data to deliver a more transparent, robust and efficient market. TABB Group research, “MiFID II: The Data Conundrum,” reviews the required wholesale change to policies and procedures as well as greater harmonization of standards that will result as the impact of MiFID II on the industry and its relationship with data.

NICE And Speakerbus Announce Strategic Technology Partnership To Ensure Secure Integration Of Recording And Voice Communication

Date 22/06/2016

NICE (NASDAQ: NICE) today announced a strategic technology partnership with Speakerbus,  a specialist provider of critical voice collaboration solutions for global financial markets. The two companies have developed an integration of the NICE Trading Recording system with the voice communication system from Speakerbus, allowing for calls made on the Speakerbus platform to be recorded on secure NICE recording systems.

GFMA, ISDA, IACPM And JFMC Respond To The Basel Consultation On Internal Risk Models

Date 22/06/2016

The Global Financial Markets Association (GFMA), along with the International Swaps and Derivatives Association, Inc. (ISDA), the International Association of Credit Portfolio Managers (IACPM) and the Japan Financial Markets Council (JFMC), today responded to the Basel Committee on Banking Supervision’s consultation on Reducing variation in credit risk-weighted assets – constraints on the use of internal model approaches. The full response is available here: http://gfma.org/correspondence/item.aspx?id=820.

Insch Capital Management SA To Launch Gold/Currency Actively Managed Certificates

Date 22/06/2016

Insch Capital Management SA (“Insch”), Lugano and London has announced the launch of Actively Managed Certificates (AMC) powered by Insch’s award-winning Kintore (Bidirectional Gold) strategy. 

Thomson Reuters Enhances Socially Responsible Investing Solutions In Eikon - Insight360, Developed By TruValue Labs, Inc., Complements Thomson Reuters Environmental, Social, And Governance (ESG) Offering By Providing Global Asset Managers With Real-Time Sustainability Data, Insights, And ESG Ratings Needed To Make Better-Informed Investment Decisions

Date 22/06/2016

Responding to new regulations and the growth of socially responsible investing, Thomson Reuters has enhanced its environmental, social, and governance (ESG) offering on Thomson Reuters Eikon with the launch of a new application that enables buy-side professionals to analyze real-time ESG data and incorporate it into socially responsible investment decisions.  Developed and supported by TruValue Labs, Inc. (TruValue), Insight360 complements Thomson Reuters existing ESGoffering by providing real-time access to material, relevant data and events related to sustainability, and ESG statistics for over 7,500 publicly-traded companies.  

Monetary Authority Of Singapore Renminbi Investments To Be Part Of Official Foreign Reserves

Date 22/06/2016

The Monetary Authority of Singapore (MAS) announced today that it will be including its Renminbi (RMB) financial investments as part of its Official Foreign Reserves (OFR) from June 2016 onwards.  This move recognises the steady and calibrated liberalisation of China’s financial markets, and the growing acceptance of RMB assets in the global portfolio of institutional investors. 

SGX: Strike Prices Of Active Stock Warrants Range from At-The-Money To 10% Away

Date 22/06/2016