News Centre

US Justice Department Announces Three Banks Reach Resolutions Under Swiss Bank Program - Three Banks Collectively Will Pay Penalties Of More Than $3.1 Million And Continue To Cooperate With Department

Date 16/07/2015

The Department of Justice announced today that Mercantil Bank (Schweiz) AG, Banque Cantonale Neuchâteloise and Nidwaldner Kantonalbank have reached resolutions under the department’s Swiss Bank Program.

FINRA Solicits Comment On New Academic TRACE Data Set

Date 16/07/2015

The Financial Industry Regulatory Authority (FINRA) is requesting comment on a proposal to create a new academic Trade Reporting and Compliance Engine® (TRACE®) data set that would be available to institutions of higher education.

European Commission - Investment Plan For Europe: United Kingdom Will Co-Finance Around €8.5 Billion In EFSI Projects

Date 16/07/2015

Today, the United Kingdom announced that it will contribute £6 billion (about €8.5 billion) to projects benefiting from finance by the European Fund for Strategic Investments (EFSI), which is at the heart of the €315 billion Investment Plan for Europe. The co-financing pledge – the biggest yet by any country – will come from various programmes and bodies that are focussed on promoting economic growth. Britain is the ninth country to contribute to the Plan after Germany, Spain, France, Italy, Luxembourg, Poland, Slovakia and Bulgaria, even before the EFSI becomes operational.

SEC Charges Pennsylvania Attorney With Insider Trading In Advance Of Merger Announcement

Date 16/07/2015

The Securities and Exchange Commission today charged a Pennsylvania attorney with insider trading in the stock of Harleysville Group, Inc. in advance of the 2011 announcement of a $760 million merger of Harleysville and Nationwide Mutual Insurance Company.

Quarterly Statistics Show >33,700 Securities Listed On Irish Stock Exchange Markets

Date 16/07/2015

• 33,700 securities from 82 countries around the globe listed on ISE markets
• Strong trading in Irish shares continues
• Applegreen and Permanent TSB listings raise €470m
• ISEQ up 18% in first half of 2015
• Strong activity in Irish Government bonds and treasury bills

CEESEG To Sell Stake In Ljubljana Stock Exchange To Zagreb Stock Exchange

Date 16/07/2015

• Transaction expected to be completed by the end of the year
• Vienna Stock Exchange and Zagreb Stock Exchange to share trading technology
• Collaboration in IT services will bring synergies for all parties 

SEC Charges Purported Investment Adviser In San Diego With Stealing Client Funds And Conducting A Ponzi Scheme

Date 16/07/2015

The Securities and Exchange Commission today charged a purported investment adviser in San Diego with stealing money from clients for personal use and conducting a Ponzi scheme to pay customers making redemption requests.

EBA Proposes Corrections To The Adopted Technical Standards On Non-Delta Risk Options And Identified Staff

Date 16/07/2015

The European Banking Authority (EBA) issued today amendments to the adopted Regulatory Technical Standards (RTS) on the treatment of non-delta risk of options in the standardised market risk approach and to the RTS on the criteria to identify categories of staff whose professional activities have a material impact on an institution's risk profile. These two RTS were published by the European Commission as Delegated Acts on 20 May 2014 and 6 June 2014, respectively.

A See-Saw Week For Gold And The USD - GoldMoney Weekly Market Report And Customer Metrics

Date 16/07/2015

There has been a clear divergence in the fortunes of the Dollar and the Euro this week which has weighed heavy on the gold price and the yellow metal’s safe haven status.

EBA Proposes Corrections To The Adopted Technical Standards On Non-Delta Risk Options

Date 16/07/2015

The European Banking Authority (EBA) issued today amendments to the adopted Regulatory Technical Standards (RTS) on the treatment of non-delta risk of options in the standardised market risk approach. These RTS were published by the European Commission as Delegated Act on 20 May.