News Centre

UK Serious Fraud Office: LIBOR Defendants Aquitted

Date 27/01/2016

Five individuals have been found not guilty of conspiracy to defraud in connection with the SFO’s ongoing criminal investigation into the manipulation of LIBOR by a jury at Southwark Crown Court today.

ESAs Submit A Joint Letter To The European Commission On Cross-Selling Of Financial Products In The EU

Date 27/01/2016

The Chairpersons of the three European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – sent a joint letter on cross-selling of financial products to Jonathan Hill, the European Commissioner for Financial Stability, Financial Services and Capital Markets Union.

UK Financial Conduct Authority: Clarifying Our Supervisory Intentions: Overall Responsibility For The Legal Function Under The Senior Managers Regime

Date 27/01/2016

It has come to our attention that there is uncertainty as to whether an individual in charge of a firm’s legal function requires approval under our Senior Managers regime. This statement:

• describes our plans to consult on this area; and
• makes clear that firms that have sought to make decisions in good faith about whether or not approval is needed, on the basis of our published rules and other communications, should not need to change their approach in the interim.

European Commission: Keynote Address By Commissioner Jonathan Hill At The Trans Atlantic Consumer Dialogue, Brussels, Commissioner For Financial Stability, Financial Services And Capital Markets Union, Regulatory Responses To The Global Financial Crisis In The EU And US: Implementation And Enforcement Of Retail Financial Services Regulation

Date 27/01/2016

It's a great pleasure to be here at your annual conference and to have the opportunity to talk about financial services from the point of view of the consumer. We depend on a strong financial services industry to pay our bills, to insure against ill-health, to plan for retirement. And the financial services industry depends on consumers and retail investors to provide the pools of capital it needs to invest.

Women In ETFs Celebrates Two-Year Anniversary, At Inside ETFs Conference, Marking Sharp Expansion Of Membership And Programs Across Global Chapters.

Date 27/01/2016

Women in ETFs (WE) celebrated its two-year anniversary at Inside ETFs conference in Hollywood Florida with a breakfast event.  In 2015 WE expanded membership to 1,600 with over 900 new members added.  U.S. chapters in Boston, Chicago, New York, San Francisco, and Washington represent 60% of current membership, with 21% from Europe, 9% from Canada and 10% from Asia Pacific.  WE’s mission is to connect, support, and inspire women and men across the ETF industry, spanning fund managers, exchanges, index providers, brokers, lawyers and custodians. A large part of its programs include high-quality of education, networking, and charitable events it offers both members and non-members. 

TSX And S&P Dow Jones Indices Sign Multi-Year Agreement

Date 27/01/2016

TMX Group (TMX) and S&P Dow Jones Indices (S&P DJI) today announced a renewal of the multi-year Index Operation and License Agreement (Agreement) between TSX Inc. and S&P DJI, further extending their long-standing and successful partnership. The Agreement will ensure that market participants will continue to have access to a comprehensive suite of investable indices for the Canadian equity markets, as well as North American and global markets. Executives and other representatives from TMX and S&P DJI will later today hold a market close ceremony to celebrate the Agreement.

Recognos ETI Creates Smarter Data - New Platform Extracts, Transforms And Integrates Data To Improve Business Intelligence

Date 27/01/2016

Recognos Financial, provider of AI based data management solutions for the financial services industry, today announced the launch of Recognos ETI, a new data extraction platform designed to unlock greater context and insight from otherwise untapped business data.  Utilizing the latest advancements in artificial intelligence (AI), natural language processing (NLP), semantic and other technologies, Recognos ETI allows companies to extract, transform and integrate both structured and unstructured documents and data into useable business intelligence.  

Lars Hansen And Randall Kroszner Appointed To CME Group's Competitive Markets Advisory Council

Date 27/01/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced the appointment of two new members to its Competitive Markets Advisory Council(CMAC). These new members are Lars Hansen, David Rockefeller Distinguished Service Professor of Economics at the University of Chicago and 2013 recipient of the Nobel Prize in Economics; and Randall Kroszner, former member of the Board of Governors of the U.S. Federal Reserve system and Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business.

Thomson Reuters M&A Database Surpasses One Million Deals Globally - Fueled By A Record-Breaking Year, M&A Database Offers Largest Collection Of Deal Making Activity In The World

Date 27/01/2016

Thomson Reuters has recorded the one millionth deal in its industry-leading Mergers & Acquisitions database, which covers changes in economic ownership of businesses worldwide, from minority stake purchases through 100 percent takeovers.

Euronext Amsterdam Welcomes 52 UBS Asset Management ETFs - New Issuer Marks Strong Growth Of Dutch ETF Market

Date 27/01/2016

Today Euronext Amsterdam welcomed UBS Asset Management,a large-scale asset manager with long experience in the field of ETFs and index investing,as its new ETF issuer. UBS Asset Management listed 52 new ETFs on Euronext  Amsterdam, which brings the total to 207.