News Centre

EBA Acknowledges Notification From Magyar Nemzeti Bank

Date 03/08/2015

The EBA acknowledges notification from the Magyar Nemzeti Bank (The Central Bank of Hungary) with respect to its decision on MKB Bank Zrt.

MGEX Reports Best July In Exchange History

Date 03/08/2015

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has completed the best July in its history, recording new highs for the month in both total volume and electronic volume.  

MOU Between UAE's Securities And Commodities Authority And ADGM’s FSRA - Al Turifi: MOU Promotes SCA’s Efforts To Empower UAE Capital Markets According To Highest International Standards Of Competitiveness

Date 03/08/2015

The Securities and Commodities Authority (SCA) signed an MOU with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) that covers bilateral cooperation in exchanging information and supervising capital markets and listed companies, as well as financial service companies. The MOU also provides for cooperation in regulatory matters and investor protection through a framework that facilitates mutual cooperation and understanding.

UK's Serious Fraud Office: First LIBOR Defendant On Trial Found Guilty

Date 03/08/2015

Tom Hayes, the first individual to be charged and stand trial in the UK as a result of the SFO's ongoing criminal investigation into the manipulation of LIBOR, has been convicted and sentenced at Southwark Crown Court today.

UAE's Securities and Commodities Authority Issues First Securities Lending And Borrowing Agent Approval

Date 03/08/2015

As part of its sustained efforts to develop local capital markets and meet the needs of investors and all strategic partners, the Securities and Commodities Authority (SCA) granted the National Bank of Abu Dhabi (NBAD) approval to engage in securities lending and borrowing activities. NBAD is the first to receive this crucial approval to undertake such activities within the UAE capital markets, having satisfied all of the approval conditions and requirements as set by SCA and stipulated under the SCA Board Decision No. (47) of 2012 concerning Regulations on Securities Lending and Borrowing.

Memorandum Of Understanding Between The Egyptian Exchange And The General Authority For Investment To Support The SMEs In Upper Egypt

Date 03/08/2015

OTCGH'S EOXLive Reaches 59 Percent Of Natural Gas Options Market Volume

Date 03/08/2015

OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, announced today that on  July 31, 2015 its EOXLive platform represented 59 percent of CME options volume on the NYMEX Henry Hub natural gas benchmark. The volume represented 82,338 contract sides.

Japan Exchange Group - Trading Overview In July 2015

Date 03/08/2015

Japan Exchange Group released Trading Overview in July 2015.

Moscow Exchange: Risk Parameters Change For Non-Principal Futures On Aug 3, 2015

Date 03/08/2015

According to Item 8 of the Principal and Non-principal Futures Listing Methodology (approved by the NCC Management Board on May, 29 2014), Xi parameters for non-principal futures will be changed on Aug 3, 2015 at 7 p.m. (MSK).

FSB-IAIS Workshop On Compensation Practices In The Insurance Sector

Date 03/08/2015

The FSB and IAIS organised in Washington DC on 12 May 2015 a workshop on compensation to share experiences and discuss best practices and the implementation of the FSB Principles and Standards for Sound Compensation Practices in the insurance sector. Industry participants noted that risk alignment of compensation is a common practice in the insurance industry and emphasized the importance of sound risk management and focus on internal controls. Participants discussed the importance of robust governance frameworks of compensation policies, and the role of compensation in supporting a sound risk culture at insurers. Officials from the FSB Compensation Monitoring Contact Group, IAIS Governance Group and senior executives from internationally active insurance companies participated in the workshop.