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  • SEEPEX To Launch Serbian Day-Ahead Market On 17 February 2016

    Date 18/01/2016

    The South East European Power Exchange (SEEPEX) and its project partners today announce the launch of the Serbian Day-Ahead market on 17 February 2016, subject to member readiness. Member tests have been conducted successfully and final regulatory issues are about to be cleared. The launch of the SEEPEX Day-Ahead market will be a major step in the creation of a regional power trading solution for South East Europe (SEE) and is highly anticipated by the electricity market community.

  • UK's Financial Conduct Authority: Eight Weeks Remaining For Card Security Product Holders To Claim Compensation

    Date 18/01/2016

    Those who bought certain card security products have eight weeks left to make a claim under a compensation scheme set up with the agreement of the Financial Conduct Authority. Anyone who received an AI Scheme Limited compensation claim pack in the post in August or September last year who wishes to claim compensation must return their completed form before the deadline of 18 March 2016.  

  • UK Prudential Regulation Authority: Financial Services Compensation Scheme – Management Expenses Levy Limit 2016/17 – CP4/16

    Date 18/01/2016

    ​Background

    This Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) consultation paper (CP) sets out the proposed management expenses levy limit (MELL) for the Financial Services Compensation Scheme (FSCS) for 2016/17. Under the Financial Services and Markets Act 2000 (FSMA), the PRA and the FCA must set a limit on the total management expenses to be levied. This allows the FSCS adequate resources to perform its functions efficiently and economically, and provide a responsive and well-understood compensation service for consumers of financial services. The MELL represents the maximum amount of management expenses that the FSCS can levy in order to fulfil the obligations imposed on it by PRA and FCA rules, although it is not necessarily the amount the FSCS will actually levy in the coming year.

    The proposed levy limit would apply from 1 April 2016, the start of the FSCS’s financial year, to 31 March 2017.

  • Russian Deputy Prime Minister Visits HKEx

    Date 18/01/2016

    A delegation led by Arkady Dvorkovich, Deputy Prime Minister of the Russian Federation, visited Hong Kong Exchanges and Clearing Limited (HKEx) today (Monday).

  • ESMA Chair Discusses Impact Of Interest Rates On Securities Markets

    Date 18/01/2016

    The European Securities and Markets Authority’s (ESMA) Chair, Steven Maijoor, today delivered a speech to the  Asian Financial Forum (AFF) on financial markets and the new normal monetary policy.

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