News Centre

CFTC Staff Issues No-Action Relief For Swap Dealers From Compliance With Certain Commission Regulations Applicable To Swaps With Legacy Special Purpose Vehicles

Date 31/03/2015

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight today announced that it is providing no-action relief, subject to specified conditions, to provisionally registered swap dealers from compliance with certain Commission regulations.

European Parliament: Economic Affairs MEPs Target Conflicts Of Interest In Benchmark Setting

Date 31/03/2015

A draft EU law to make the benchmarks used to price EU citizens’ mortgages, loans and bonds more trustworthy was backed by the Economic and Monetary Affairs Committee on Tuesday. The text (lead MEP Cora van Nieuwenhuizen, ALDE, NL) aims to clean up the benchmark-setting process, by curbing conflicts of interest like those that led to the London Interbank Offered Rate (LIBOR) rigging scandals of recent years.

CFTC Charges Maverick International, Inc. And Its Principals Wesley Allen Brown And Edward Rubin With Pool Fraud And Other Violations

Date 31/03/2015

The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action in the U.S. District Court for the Middle District of Florida, charging Defendants Maverick International, Inc. and its principals, Wesley Allen Brownand Edward Rubin, with operating a fraudulent commodity pool and other violations of federal commodity laws. Maverick International, Inc. purportedly maintains offices in Wilmington, Delaware; however, its address is actually the address of a mail forwarding service. Brown currently resides in North Myrtle Beach, South Carolina, and Rubin resides in Winnabow, North Carolina.

Qatar Stock Exchange: QE Index, QE Al Rayan Islamic Index And QE All Share Constituents 1st April 2015

Date 31/03/2015

QE Index

Aamal replaces Medicare in QE Index, with a weight of 2.76% of the Index.  As per index rules, QNB, whose weight exceeds 15% in the index as of market close March 31st has its weight capped at the 15% level and excess weight allocated to remaining stocks proportionately.

SEC Charges Former Polycom CEO With Hiding Perks From Investors - Company Settles Charges For Disclosure And Controls Failures

Date 31/03/2015

The Securities and Exchange Commission today charged the former CEO of Silicon Valley-based technology firm Polycom Inc. with using nearly $200,000 in corporate funds for personal perks that were not disclosed to investors.

NBI To Start Trading On MAB On 8 April - The Industrial Company Is The First To Start Trading On MAB’s Growth Segment In 2015

Date 31/03/2015

The Board of Directors of the Mercado Alternativo Bursátil (MAB) has announced the listing of NBI Bearings Europe on the Growth Companies segment of this market, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

ACER Invites ENTSOG To Align Further The Network Code On Harmonised Transmission Tariff Structures With The Framework Guidelines

Date 31/03/2015

ACER published yesterday its opinion assessing the Network Code on Harmonised Transmission Tariff Structures for Gas. The opinion acknowledges the openness of the process carried out by ENTSOG as well as improvements in terms of structure and details. However ACER invites ENTSOG to amend the Network Code further to address misalignments with the Framework Guidelines. Subsequently to ENTSOG’s submission of a revised Network Code, the Agency will consider recommending it the European Commission. 

ESMA Updates List Of Authorised CCP And Public Register – LCH.Clearnet Ltd Extends Services

Date 31/03/2015

The European Securities and Markets Authority (ESMA) has published today an update of its list of central clearinghouses (CCPs) which are authorised under the European Markets Infrastructure Regulation (EMIR) and its Public Register for the Clearing Obligation.

ACER Launches Today A Quarterly On REMIT For Further Guidance

Date 31/03/2015

The first issue of ACER’s REMIT Quarterly published today provides guidance on the applications of REMIT and other transaction reporting issues. The REMIT Quarterly, to be published four times a year, will provide up-to-date guidance on definitions, present new common understandings of Transaction Reporting Manual and cover other transaction reporting issues.

Appointments To Hong Kong's Securities And Futures Commission Committees

Date 31/03/2015

The Securities and Futures Commission (SFC) is pleased to announce new appointments and reappointments to the following committees with effect from 1 April 2015: