News Centre

Dubai International Financial Centre (DIFC) Outlines Growth Strategy For Takaful Industry At 10th Annual World Takaful Conference

Date 14/04/2015

• Attended by 400 leading insurance companies and stakeholders
• DIFC is currently home to prominent insurance groups including AIG, Zurich, Allianz, MetLife, Lloyds of London, Swiss Re and Munich Re and retakaful firms including Emirates Re and Takaful Re.

Cairo Amman Bank: Jordanian Capital Market Update

Date 14/04/2015

Mr. Nader Azar, the CEO of Amman Stock Exchange, said that the ASE is still receiving the reviewed quarterly annual reports for the period ending on Mar. 31, 2015 for all companies listed at ASE that is reviewed by their auditors.

Oslo Børs: Large Equity Orders Invited To North Sea Dark Pool

Date 14/04/2015

Oslo Børs invites large equity orders to return to a regulated stock exchange environment. This will be made possible by the North Sea dark pool. “We want to provide a service to those who currently submit orders to fragmented and unregulated dark pools”, comments Bente A. Landsnes, President and CEO of Oslo Børs.

CISI Signs MoU With Egyptian Capital Markets Regulator To Enhance Professionalism

Date 14/04/2015

The Egyptian Financial Services Institute (FSI) and the Chartered Institute for Securities & Investment (CISI) have signed an MoU to promote a qualifications framework to the Egyptian capital market.

Monetary Authority Of Singapore Explains Changes In OFR And FX Swaps

Date 14/04/2015

In response to media queries, the Monetary Authority of Singapore (MAS) said today that certain market commentaries suggesting that MAS had been intervening heavily to support Singapore’s currency were incorrect.  These reports had erroneously cited the fall in Singapore’s official foreign reserves (OFR) and MAS’ FX swaps since mid-2014 as an indication of heavy intervention by MAS to support the Singapore Dollar Nominal Effective Exchange Rate (S$NEER).

Xetra/Börse Frankfurt: iShares MSCI China A UCITS ETF Launched On Xetra - ETF Offers Access To Chinese A-Shares

Date 14/04/2015

A new iShares ETF from BlackRock's product offering has been tradable in Deutsche Börse’s XTF segment on Xetra since Tuesday.

TTIP: MEPs Differ On Safeguards For Data, Services, Environment And Investment

Date 14/04/2015

Eight hundred and ninety-eight amendments to a draft resolution on progress in talks with the US on the Transatlantic Trade and Investment Partnership (TTIP) were debated by the International Trade Committee on Monday.

Tullett Prebon Information Enters Into A Corporate Partnership With Cass Business School - Organisations To Collaborate On Research Into Comparative Regulation Of The OTC Markets

Date 14/04/2015

Tullett Prebon Information (TPI), a leading global provider of financial market data, today announced that it has entered into a corporate partnership with Cass Business School, City University London.

Professor Noël Amenc Steps Down As Director Of EDHEC-Risk Institute

Date 14/04/2015

On the occasion of the EDHEC-Risk Days conference, which took place in London on March 24 and 25, 2015, Tomas Franzén, Chief Investment Strategist with the Swedish national pension fund AP2 and chairman of EDHEC-Risk Institute’s International Advisory Board, announced the resignation of Professor Noël Amenc from his role as Director of EDHEC-Risk Institute.

UK's Financial Conduct Authority Fines Clydesdale Bank £20,678,300 For Serious Failings In PPI Complaint Handling

Date 14/04/2015

The Financial Conduct Authority (FCA) has today fined Clydesdale Bank Plc (Clydesdale) £20,678,300 for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013.  This is the largest ever fine imposed by the FCA for failings relating to PPI.