News Centre

Canadian Joint Regulators Committee Responds To OBSI Independent Evaluator’s Report

Date 06/06/2016

In response to the release of the independent evaluator’s report of the Ombudsman for Banking Services and Investments (OBSI) published today, the Joint Regulators Committee (JRC) is issuing the following statement:

An effective and fair dispute resolution system is an important component of the investor protection framework. The members of the JRC strongly support OBSI as the dispute resolution service, and expect registrants to abide by their obligations by participating in OBSI's services in a manner consistent with their obligations to deal fairly, honestly and in good faith with their clients.

U.S. Department Of Justice Assistant Attorney General Leslie R. Caldwell Speaks At The CCIPS-CSIS Cybercrime Symposium 2016: Cooperation And Electronic Evidence Gathering Across Borders, Washington, DCUnited States ~ Monday, June 6, 2016

Date 06/06/2016

Good morning, and thank you, Denise [Zheng], for that kind introduction.  I want to welcome all of you to the Criminal Division’s second Cybercrime Symposium.  I would like to thank the Center for Strategic and International Studies (CSIS) for organizing this event along with the Department of Justice’s Computer Crime and Intellectual Property Section (CCIPS).  I also want to acknowledge the presence of the many distinguished participants in today’s events, who have traveled from across the country and around the world to be here.   

IIFM And ISDA Publish Islamic Foreign Exchange Forward Standards

Date 06/06/2016

The International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association, Inc. (ISDA) today published two new standards for Islamic forward foreign exchange products for use in Islamic hedging transactions.

UK's Financial Conduct Authority: Temporary Restriction In Short Selling

Date 06/06/2016

The Financial Conduct Authority (“FCA”) notifies that it temporarily prohibits short selling in the following instrument under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012. This follows a decision made by another EU Competent Authority.

Peter Bleser Visits EEX In Leipzig

Date 06/06/2016

Today, the European Energy Exchange (EEX) had the pleasure of welcoming Peter Bleser, Parliamentary State Secretary at the German Federal Ministry of Food and Agriculture, in Leipzig. During his visit, Mr Bleser gained an insight into trading agricultural derivatives contracts at the exchange. At a high level discussion with EEX representatives, current topics of the agricultural trading segment were discussed, with a special focus on risk management instruments for the dairy industry. In this context, Mr. Bleser emphasised the importance of exchange trading as a hedging instrument for the agriculture and food sector.

An Announcement Of The Issuance Of The Saudi Arabia Capital Market Authority Board Of Commissioners Resolution To Amend Paragraph (1) Of Article (20) Of The Anti-Money Laundering And Counter-Terrorist Financing Rules

Date 06/06/2016

As part of the Capital Market Authority's ("CMA") continuous efforts to develop the capital market in the Kingdom and protect investors, and based on the Capital Market Law ("CML") issued by the Royal Decree Number (M/30) Dated 2/6/1424 H, the CMA Board of Commissioners has issued its Resolution to amend the paragraph (1) of the Article (20) of the Anti-Money Laundering and Counter-Terrorist Financing Rules.

Non-Jordanian Investment At The Amman Stock Exchange During May 2016

Date 06/06/2016

The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) during May 2016 was JD42.1 million, representing 23% of the overall trading value, while the value of shares sold by them amounted to JD27.2 million. As a result, the net of non-Jordanian investments during May 2016 showed an increase by JD14.9 million, compared with an increase by JD7.1 million during the same month of 2015.

CBOE Holdings To Present At Sandler O’Neill Global Exchange And Brokerage Conference June 9

Date 06/06/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that CBOE Holdings’ Chief Executive Officer Edward T. Tilly and Chief Financial Officer Alan J. Dean will speak at the Sandler O’Neill Global Exchange and Brokerage Conference in New York on Thursday, June 9, at 2:00 p.m. ET. 

Moscow Exchange Adds Securities For GCC Repo Eligibility

Date 06/06/2016

Moscow Exchange announces the launch of new Money Market products.

• Shares are now eligible for the general collateral certificate (GCC) repo pool;
• A separate pool has been created for Russian federal government bonds (OFZs), in addition to the GC Bonds pool that was launched in February 2016;
• The new pools are expected to significantly expand liquidity management opportunities for market participants and to boost trading volumes on the Money Market and the Equity & Bond Market.

Speech By FederaL Reserve Chair Janet L. Yellen At The World Affairs Council Of Philadelphia, Philadelphia, Pennsylvania, June 6, 2016, On Current Conditions And The Outlook For The U.S. Economy

Date 06/06/2016

I am delighted to be with you today. I will discuss recent economic developments, the outlook, and their implications for monetary policy. My message will be largely favorable, although recent developments have been mixed. Most importantly, the economy has registered considerable progress over the past several years toward the Federal Reserve's goals of maximum employment and price stability, and, as I will explain, there are good reasons to expect that we will advance further toward those goals. The news from the labor market over the past year has been generally good, with significant job gains, the unemployment rate declining below 5 percent, rising household incomes, and tentative signs of faster wage growth. At the same time, recent signs of a slowdown in job creation bear close watching. Inflation has been lower than our objective of 2 percent, but I expect it to move up over time for reasons that I will describe. If incoming data are consistent with labor market conditions strengthening and inflation making progress toward our 2 percent objective, as I expect, further gradual increases in the federal funds rate are likely to be appropriate and most conducive to meeting and maintaining those objectives. However, I will emphasize that monetary policy is not on a preset course and significant shifts in the outlook for the economy would necessitate corresponding shifts in the appropriate path of policy.