News Centre

The FCA’s New Competition Powers: What Do They Mean For The Financial Services Industry? - Speech By Deb Jones, Director Of Competition At The FCA, At A Scottish Financial Enterprise Lunch, Hosted By Maclay Murray & Spens LLP, Edinburgh.

Date 21/11/2014

Introduction 

I want to thank Scottish Financial Enterprise for inviting me here to speak today and Maclay and Murray & Spens for their hospitality. I’m here as Director of Competition at the Financial Conduct Authority. Although I’m based down in London in the Competition Department, I work just as closely with colleagues in Edinburgh as those in Canary Wharf.

Deirdre Somers, CEO Of The Irish Stock Exchange, Talks About Leadership To Executive MBA students In University College Cork

Date 21/11/2014

Deirdre Somers, the CEO of the Irish Stock Exchange (ISE), has today returned to her alma mater, University College Cork (UCC), to deliver a guest lecture on leadership to students of UCC’s Executive MBA programme.

OECD Russia Corporate Governance Roundtable

Date 21/11/2014

The last of OECD Russia"s three annual corporate governance roundtables took place on 19 November.

Testimony, By Federal Reserve Governor Daniel K. Tarullo, On “Physical Commodities” Before The Permanent Subcommitee On Investigations, U.S. Senate, Washington, D.C.

Date 21/11/2014

Chairman Levin, Ranking Member McCain, and other members of the subcommittee, thank you for the opportunity to testify at today's hearing. Let me begin by also thanking the subcommittee for its work on issues raised by the physical commodities activities of financial holding companies. Based on my quick perusal of the report you issued Wednesday, I am sure it will be an important input into our deliberations at the Federal Reserve on how we might adjust our regulatory and supervisory programs to address the risks that can be associated with these activities.

Boost Employee Stock Ownership Plan Business Refine Information Disclosure Requirement - Shenzhen Stock Exchange Issue Memo Of Information Disclosure On Employee Stock Ownership Plan

Date 21/11/2014

In order to carry out Guidance on Trial of Employee Stock Ownership Plan of Public Companies(hereinafter referred as Guidance) issued by China Securities Regulatory Commission, propel and guide the public companies to carry out employee stock ownership plan in compliance with law effectively, and standardize the information disclosure of the public companies and relevant parties, Shenzhen Stock Exchange (SZSE) recently issued Memo of Information Disclosure on Employee Stock Ownership Plan(hereinafter referred as Memo).

NSD Launches New Electronic Matching Services

Date 21/11/2014

National Settlement Depository (NSD), Russia’s central securities depository, has launched new electronic matching services for OTC transactions. Now the company’s clients can receive  information about potential counter instructions for OTC transactions with securities.

Innovation Development Committee Of Shenzhen Stock Exchange Board Of Directors Founded

Date 21/11/2014

On November 18, the founding meeting of Innovation Development Committee under the Board of Shenzhen Stock Exchange (SZSE) was held. At the meeting, the founding background was briefed, the working rules were approved, and the existing situation, problems and thoughts of work on product innovation were especially discussed. Supervisory departments and industry associations were also invited to introduce the innovation and development in the market and industries.

Moscow Exchange Announces 3Q 2014 Results

Date 21/11/2014

Moscow Exchange (MOEX) announced its financial results for the third quarter (3Q) 2014 according to International Financial Reporting Standards (IFRS). Strong earnings were driven by growth across our highly diversified business, particularly the FX Market, depository and settlement services, as well as strong interest income.

Russian Market Participants To Be Able To Report OTC Transactions With European Counterparties Via NSD Repository

Date 21/11/2014

National Settlement Depository (NSD), Russia’s central securities depository, a systemically important repository in the Russian market, and CME European Trade Repository Limited (ETR), the ESMA registered and regulated UK-based trade repository that is part of the multi-jurisdictional CME Global Repository Services at CME Group have announced the initiation of cooperative activities. The two repositories plan to enable Russian clients to report information about OTC cross-border transactions in compliance with EMIR*. CME Group’s ETR reports across all asset classes for all exchange traded and OTC trades under EMIR, based on robust technology and operations.

To Accelerate Development Of Exchange-Traded Fund Market By Standardizing Processes And Encouraging Innovation - Shenzhen Stock Exchange Guidelines For Fund Products Development And Services Innovation Promulgated

Date 21/11/2014

To further promote the development of exchange-traded fund market and better serve market players, Shenzhen Stock Exchange (SZSE) today officially promulgated the Guidelines for Fund Products Development and Services Innovation(hereinafter “Products and Services Guidelines”) , based on opinions from fund managers and industrial experts.