News Centre

Frost Consulting Launches Valuation & Budgeting Software For Investment Research Ahead Of MiFID II

Date 23/02/2016

Frost Consulting today launched FrostRB, a research valuation & budgeting software platformwhich gives asset managers the ability to establish monetary (dollar) values for specific unpriced research products and construct monetary research budgets that meet MiFID II research spending requirements. FrostRB offers a transparent and comprehensive research valuation, budgeting and reporting framework that generates highly customised, multi-asset class research budgets down to the fund level, reflecting the fund or strategy’s investment process, style and investment universe.

UK's Financial Conduct Authority Fines And Restricts W H Ireland Limited For Market Abuse Risks

Date 23/02/2016

The Financial Conduct Authority (FCA) has fined W H Ireland Limited (WHI) £1.2million. The firm is also restricted for a period of 72 days from taking on new clients in its corporate broking division.

Japan Exchange Group: Appointment Of Executive Officers And Change In Organizational Structure, Etc.

Date 23/02/2016

Japan Exchange Group (JPX), Inc., Tokyo Stock Exchange, Inc., andOsaka Exchange, Inc. decided on new executive officers, changes in titles of executive officers, andareas of responsibility under the new executive structure at their respective board of directorsmeetings held today, effective on April 1, 2016.

Bursa Malaysia Berhad Announces Appointment Of Director To Its Subsidiaries

Date 23/02/2016

Bursa Malaysia Berhad announced the appointment of Mr. Kuok Wee Kiat as a Director to the Board of Directors of its subsidiaries, Bursa Malaysia Securities Berhad and its clearing house, Bursa Malaysia Securities Clearing Sdn Bhd, effective 22 February 2016.

Tokyo Stock Exchange: Approval Of Initial Program’s Listing (TOKYO PRO-BOND Market): Santander Consumer Finance, S.A.

Date 23/02/2016

Today, Tokyo Stock Exchange approved a program listing application from Santander Consumer Finance, S.A. for listing on the professional-oriented TOKYO PRO-BOND Market.

Financial Services Associations Submit Comments On TLAC Requirement To Help Ensure G-SIBs Can Be Resolved

Date 23/02/2016

SIFMA, The Clearing House, the American Bankers Association, the Financial Services Roundtable, and the Financial Services Forum submitted comments to the Federal Reserve in response to its proposal to impose  total loss absorbing capacity, long-term debt and related "clean holding company" requirements on global systemically important banking groups (G-SIBs).  The associations express the industry's strong support for a TLAC requirement for G-SIBs, which is a crucial aspect of ending "Too Big to Fail" by helping ensure that these institutions can be resolved in an orderly way at the expense of creditors and shareholders (and not taxpayers). 

CFTC Staff To Host A Public Roundtable March 3 Regarding The Residual Interest Deadline

Date 22/02/2016

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight and the Office of the Chief Economist will host a public roundtable on March 3, 2016 at 10:00 am to discuss a report on the Residual Interest Deadline.

BC Report Warns Of Gap Between Investor Attitudes And Behaviours Ahead Of RRSP Deadline - Recent BCSC Study Shows Trust In An Advisor May Keep Investors From Due Diligence

Date 22/02/2016

This RRSP season, the British Columbia Securities Commission (BCSC) is encouraging investors to make smarter decisions and learn more about the role they play when working with an investment advisor. The BCSC’s message is prompted by findings from research it commissioned showing that while most British Columbians agree they have responsibilities when it comes to investing, many neglect those responsibilities. According to the study, 43 per cent of British Columbians 35 years and older have investments, and 27 per cent of them invest through an advisor.

SIFMA Joins U.S. And EU Entities Urging TTIP To Include Full Coverage Of Financial Services To Address Market Fragmentation

Date 22/02/2016

Today, SIFMA issued the followed joint statement from U.S. and EU trade associations and representative bodies calling for financial services to be fully covered in TTIP to help address market fragmentation:

"Today, the undersigned trade associations and representative bodies, based in the United States and the European Union, issued the following statement reinforcing their strong support for a Transatlantic Trade and Investment Partnership (TTIP) that includes financial services regulatory coordination, in advance of the 12th round of negotiations to be held this week in Brussels beginning on February 22nd."

Europex Response To Commission Consultation On The "Preparation Of A New Renewable Energy Directive For The Period After 2020“ (RED II)

Date 22/02/2016

Europex welcomes the possibility to contribute to the discussion on a review of the EU’s renewable energy legislation and stresses the necessity to fully integrate renewables into the grid and power system as a whole.