News Centre

ESMA Updates Risk Dashboard Following UK Referendum

Date 13/07/2016

The European Securities and Markets Authority (ESMA) risk assessment has changed as a result of the outcome of the UK referendum on EU membership.

Noor Bank Rings Bell To Celebrate Listing Of A USD 500 Million Tier 1 Sukuk On Nasdaq Dubai - Listing Underlines Dubai’s No. 1 Position Globally For Sukuk At USD 44.56 Billion

Date 13/07/2016

• 11^th Sukuk listing in Dubai this year reflects active market for issuers and investors 
• Listing reinforces Dubai’s role as the global Capital of Islamic Economy

UK’s Financial Conduct Authority Consults On Proposed Central Clearing Delay For Small Financial Counterparties

Date 13/07/2016

The Financial Conduct Authority (FCA) has today fined Towergate Underwriting Group Limited (Towergate) £2,632,000 for failings in relation to its protection of client and insurer money. Towergate, an insurance intermediary which holds both client and insurer money, accumulated a shortfall of £12.6 million in its client and insurer money bank accounts which, due to systems and controls weaknesses, went undetected for a number of years.

ESMA Consults On Proposed Central Clearing Delay For Small Financial Counterparties

Date 13/07/2016

The European Securities and Markets Authority (ESMA) has published today a consultation paper proposing to change the phase-in period for central clearing of OTC derivatives applicable to financial counterparties with a limited volume of derivatives activity under the European Market Infrastructure Regulation (EMIR).

Thomson Reuters And CME Group To Integrate Instant Messaging Networks In Support Of Open Communication For Financial Markets - Eikon Messenger And CME Pivot Instant Messaging Networks Will Together Provide Interconnected Network For Over 300,000 Market Participants Across Financial And Commodities Markets

Date 13/07/2016

Thomson Reuters and CME Group today announced they have reached an agreement to implement connectivity between their instant messaging networks, Thomson Reuters Eikon Messenger and CME Pivot Instant Messaging, to support open and compliant cross-industry communication for financial and commodities markets. This combined service will be available late Q3 2016.

New GLEIF Challenge Facility Extends Ability To Trigger Updates Of Legal Entity Identifier Data To All Interested Parties - The New Online Service Is Designed To Further Enhance The Reliability And Usability Of The Legal Entity Identifier Data Pool

Date 13/07/2016

The Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, today launched its new data challenge facility. It offers any interested party an easy and convenient means to trigger the verification and, where required, speedy update of LEI records including related reference data. This centralized online service, which is part of GLEIF’s data quality management program, further contributes to ensuring that the publicly available LEI data pool remains a unique key to standardized information on legal entities worldwide.

ALTX East Africa Launches In Uganda

Date 13/07/2016

Today, ALTX East Africa Ltd goes live with its high tech exchange. The team led by CEO, Joseph Kitamirike has built the exchange since 2013, and spent most of the last eight months optimising their systems, aiming to deliver a world class securities exchange facility. The platform obtained regulatory approval in 2014 and depository approval was secured in 2015.

Ministry Of Finance And Abu Dhabi Global Market Sign MoU On The Automatic Exchange Of Information For Tax Purposes

Date 13/07/2016

The Ministry of Finance (MoF) and Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding (MoU) to establish a framework for Automatic Exchange of Information (AEoI ) on tax purpose and part of their commitment to uphold the Tax information Exchange and International Double Taxation agreements.

SIX Exchange Regulation: Delisting Kuoni Travel Holding Ltd, Zurich

Date 13/07/2016

On 14 June 2016, Kuoni Travel Holding Ltd, Zurich applied for the delisting of all of its registered shares with a par value of CHF 1.00 each (Swiss Security Number 350’485 / ISIN CH0003504856).

ICAP Plc - Trading Statement

Date 13/07/2016

• Positive momentum from investment in new products
• EBS BrokerTec wins contract to deliver technology to CFETS
• Transaction with Tullett Prebon on track to complete later this year