News Centre

Bucharest Stock Exchange Becomes Partner Exchange To The United Nations Sustainable Stock Exchanges Initiative

Date 27/03/2015

On March 27, 2015 Bucharest Stock Exchange (BVB) became a partner exchange to the United Nations (UN) Sustainable Stock Exchanges (SSE) initiative. SSE initiative was launched by the United Nations Secretary-General Ban Ki-moon in 2009. It is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency – and ultimately performance – on environmental, social and corporate governance issues and encourage sustainable investment. The initiative is co-convened by the UN-supported Principles for Responsible Investment, the United Nations Conference on Trade and Development (UNCTAD), the United Nations Environment Programme Finance Initiative (UNEP FI) and the UN Global Compact.

United Kingdom Parliament Treasury Committee: Financial Conduct Authority Pre-Briefing Incident In March 2014

Date 27/03/2015

In December 2014, the Financial Conduct Authority (FCA) published a report by Simon Davis into its mishandling of a pre-briefing of its Life Insurance Review in March 2014. The Treasury Committee has today called for the FCA to do more to satisfy Parliament and the public that it has learned the lessons of this incident.

MNI Russia Business Sentiment Indicator: Russia Business Sentiment Bounces Back In March - Confidence Still Below 50 As New Orders Fall To A Record Low

Date 27/03/2015

Russian business sentiment improved in March from a record low in the previous month, although a further decline in orders suggests that the recovery may be short-lived.

STOXX Ltd. Licenses New ASEAN Select Dividend 30 Index To Thailand’s One AM

Date 27/03/2015

STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced that it has released the STOXX ASEAN Select Dividend 30 Index and licensed it to One AM, a Thai asset manager. The index allows market participants to take advantage of investing in ASEAN companies with high dividend payouts. ASEAN countries form one of the fastest growing region in the world.

Former United Commercial Bank Chief Credit Officer Convicted Of Securities And Other Corporate Fraud After Trial - The Fraud Caused The Ninth Largest Bank Failure With Estimated Losses In Excess Of $677 Million

Date 26/03/2015

A jury convicted Ebrahim Shabudin yesterday of seven felony counts of conspiracy, securities fraud and other corporate fraud offenses stemming from the failure of United Commercial Bank (UCB), announced U.S. Attorney Melinda Haag of the Northern District of California, Acting Inspector General Fred W. Gibson Jr. of the Federal Deposit Insurance Corporation’s Office of the Inspector General, Special Inspector General Christy Romero of the Troubled Asset Relief Program, Inspector General Mark Bialek of the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau’s Office of the Inspector General and Special Agent in Charge David J. Johnson of the FBI’s San Francisco Division.

NZX: Smartshares To Launch 3 New Exchange Traded Funds

Date 26/03/2015

Smartshares, NZX’s Exchange Traded Funds (ETFs) business, is pleased to announce it has registered a prospectus for the launch of three new ETFs to complement to its existing seven Smartshares ETFs.

Supreme Court Of Canada Denies Alberta Securities Commission’s Leave To Appeal Illegal Insider Trading Case

Date 26/03/2015

The Supreme Court of Canada has denied an Alberta Securities Commission (ASC) application for leave to appeal a decision of the Alberta Court of Appeal, Walton  v. Alberta (Securities Commission).  The ASC was seeking the Supreme Court’s guidance on the standard of proof and evidence required to prove illegal insider trading allegations and on the resulting determination of sanctions. 

NZX Annual Report 2014 Published

Date 26/03/2015

NZX today issued its Annual Report for the year ended 31 December 2014. NZX’s online Annual Report can be accessed at the following link, and a PDF copy of the printed version is attached to this announcement.

Benjamin M. Lawsky, Superintendent Of Financial Services Letter To Insurers On Cyber Security

Date 26/03/2015

Dear Chief Executive Officer, General Counsel, and Chief Information Officer:

In an effort to promote greater cyber security across the financial services industry, the New York State Department of Financial Services (the "Department") has expanded its information technology ("IT") examination procedures to focus more attention on cyber security. The Department encourages all institutions to view cyber security as an integral aspect of their overall risk management strategy, rather than solely as a subset of information technology. To that end, the Department intends to incorporate new questions and topics into the existing IT examination framework.

CBOE, C2 And CFE Trading Schedule For The Good Friday Holiday

Date 26/03/2015

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the trading schedule for Chicago Board Options Exchange®(CBOE®), C2 Options Exchange (C2) and CBOE Futures Exchange (CFE®) in observance of the Good Friday holiday on April 3.