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  • UK's Prudential Regulation Authority Takes Enforcement Action Against Former Co-op Bank Individuals

    Date 15/01/2016

    The Prudential Regulation Authority (PRA) has today prohibited Barry Tootell, the former Chief Executive (CEO) of the Co-operative Bank Plc (Co-op Bank) and Keith Alderson, the former Managing Director of the Co-op Bank’s Corporate and Business Banking Division, from holding a significant influence function in a PRA-authorised firm for breaches related to the running of the Co-op Bank. The PRA has also fined Mr Tootell £173,802 and Mr Alderson £88,890.

  • Hong Kong's Securities And Futures Commission: Court Freezes Bank Accounts Of Suspected Boiler Rooms

    Date 15/01/2016

    The Securities and Futures Commission (SFC) today obtained interim injunctions in the Court of First Instance freezing approximately $600,000 in bank accounts suspected of receiving monies from investors of alleged frauds known as boiler rooms.

  • ACER Organises A REMIT Workshop To Prepare For The Next Phase Of Data Reporting

    Date 15/01/2016

    ACER invites you to the 11th Public Workshop on REMIT implementation which will take place on 16 February in Ljubljana. Among the items to be presented and discussed at the workshop: the registration of Registered Reporting Mechanisms (RRMs), REMIT transaction reporting as of 7 April 2016 and the way forward.

  • China Becomes EBRD Member As Suma Chakrabarti Visits Beijing

    Date 15/01/2016

    China has become the 67th member of the European Bank for Reconstruction and Development. Following the completion of all the formalities, the announcement was made after a meeting  between the EBRD President Sir Suma Chakrabarti and Chinese Premier Li Keqiang in Beijing on 15 January.

  • Thailand Prime Minister Highlights Capital Market’s Role To Drive Economic Growth

    Date 15/01/2016

    The Stock Exchange of Thailand (SET), jointly with the Federation of Thai Capital Market Organizations (FETCO), organized a special session by inviting Thailand Prime Minister General Prayut Chan-o-cha to listen to a presentation by Permanent Secretary of Ministry of Finance on the role and strategic development framework of the Thai capital market. Top executives in the capital market also made commitment for capital market development on this special occasion held at The Stock Exchange of Thailand‘s new office (SET@93 Ratchada) on January 15, 2016.