News Centre

Tehran Stock Exchange's AGM In The Eyes Of A Foreigner

Date 26/07/2016

The following note was sent by one of Tehran Stock Exchange’s foreign shareholders after the annual meetings held on 17 July 2016.

Yesterday I had the luck to visit my first yearly shareholder meeting (AGM) of the Tehran Stock Exchange (TSE) in Iran. As a foreigner it was important for me, to see and to understand, how an Iranian shareholder meeting is. We foreigner we talk a lot about Iran, mostly without personal experience and only with the source, somebody said or I heard something.

UK's Financial Conduct Authority Publishes Final Findings Of Credit Card Market Study

Date 26/07/2016

The Financial Conduct Authority (FCA) has today published the final findings of its study of the credit card market, and set out a package of measures, which include a series of industry led proposals, to help consumers take better control of their spending.

United Kingdom Parliament Treasury Committee Update - HBOS Failure: Lessons For The Regulators

Date 26/07/2016

The Treasury Committee publishes 'Review of the reports into the failure of HBOS'. 

SGX Welcomes Katrina To Catalist

Date 26/07/2016

Singapore Exchange (SGX) today welcomed Katrina Group Ltd (Katrina) to Catalist under the stock code “1A0”.  

ISDA Publishes Hong Kong Clearing Classification Letter

Date 26/07/2016

The International Swaps and Derivatives Association, Inc. (ISDA) has published a new clearing classification letter that will enable counterparties to notify each other of their status for clearing requirements under the Hong Kong mandatory clearing regime.

Shenzhen Stock Exchange Market Bulletin 25 July , 2016, Issue 25

Date 26/07/2016

The government has further relaxed rules for foreign investment in the country's four free trade zones (FTZs), much-highlighted test grounds for ongoing economic reforms, according to the central government website on July 19. Foreign investors will be allowed temporarily to fund wholly owned enterprises in a number of fields, including iron and steel, shipping, auto batteries and gas station operations. A total of 18 rules and regulations with 51 items have been revised, with more than 20 of them involving changes from review-and-approval procedure to registration-based process for foreign investment in the Shanghai, Guangdong, Tianjin and Fujian FTZs.

US Department Of Justice: LATAM Airlines Group Resolves Foreign Corrupt Practices Act Investigation And Agrees To Pay $12.75 Million Criminal Penalty

Date 25/07/2016

LATAM Airlines Group S.A. (LATAM), a commercial airline company based in Chile, has agreed to pay a $12.75 million criminal penalty in connection with a scheme to pay bribes to Argentine union officials via a false consulting contract with a third-party intermediary in violation of the accounting provisions of the Foreign Corrupt Practices Act (FCPA). 

CalPERS Launches Search For New Chief Actuary

Date 25/07/2016

The California Public Employees' Retirement System (CalPERS) has begun its search for a new Chief Actuary to lead its Actuarial Office and provide independent counsel to CalPERS leadership and Board on actuarial valuations, assumptions and policies, rate structure, and funding of the CalPERS System and related funds.

Bermuda Stock Exchange Will Be Closed For Bermuda ‘Cup Match’ Public Holidays

Date 25/07/2016

The Bermuda Stock Exchange (“BSX”) advises that the BSX will be closed on Thursday 28 and Friday 29 July 2016, for the Emancipation Day and Somers Day (collectively known as “Cup Match”) public holidays in Bermuda. The BSX will reopen on Monday, 01 August, 2016.

SEC: LAN Airlines Settles FCPA Charges

Date 25/07/2016

The Securities and Exchange Commission today announced that South American-based LAN Airlines has agreed to pay more than $22 million to settle parallel civil and criminal cases related to improper payments it authorized during a dispute between the airline and its union employees in Argentina.