News Centre

New Risk Manager For Catella’s Funds

Date 14/10/2014

Helena Eriksson has been appointed as a new risk manager for Catella’s Swedish fund operations. Helena has an extensive background in risk management, in mid office and back office, from previous positions with Danske Capital and Swedbank Robur.

Hong Kong's Securities And Futures Commission Bans Roger Albert John And Hamish Gordon Cruden For Life

Date 14/10/2014

The Securities and Futures Commission (SFC) has banned Mr Roger Albert John and Mr Hamish Gordon Cruden, both former directors and responsible officers of Salisbury Securities Limited (Salisbury), from re-entering the industry for life.

Capital Gains Tax - Association Of Chartered Certified Accountants And Lahore Stock Exchange Hold A Joint Session.

Date 14/10/2014

ACCA (the Association of Chartered Certified Accountants) and Lahore Stock Exchange jointly organized a seminar on ‘Capital Gains Tax’ bringing together the Directors and Board Committee Members of the Lahore Stock Exchange, investment analysts and senior accounting and finance professionals to explore the topic of ‘Capital Gains Tax’.

ESMA Publishes Updated Data On Performance Of The Credit Rating Agencies

Date 14/10/2014

The European Securities and Markets Authority (ESMA) has published its latest set of semi-annual statistical data on the performance of credit ratings, including transition matrices and default rates.

The PRA’s Approach To With-Profits Insurance Business – CP22/14

Date 14/10/2014

Background

This consultation paper (CP) sets out proposed changes to the Prudential Regulation Authority’s (PRA's) regulation of UK with-profits insurance business. It consults on changes to the rules which will apply to firms that write with-profits business, and contains a draft supervisory statement which sets out the PRA’s expectations of firms.

UK's Financial Conduct Authority: Interest Rate Hedging Products

Date 14/10/2014

In 2012, we identified failings in the way that some banks sold IRHPs. The banks involved agreed to review their sales of IRHPs made to unsophisticated customers since 2001. The full review started in May 2013.

Osaka Exchange: Partial Revisions To The Business Regulations, Etc. In Connection With The Introduction Of JPX-Nikkei Index 400 Futures, Etc.

Date 14/10/2014

Osaka Exchange, Inc. (OSE) will partially revise the Business Regulations, etc. in connection with the introduction of JPX-Nikkei Index 400 Futures on November 25, 2014. Revisions will also be made due to the clearing system integration with Japan Securities Clearing Corporation (JSCC) scheduled on the same day. OSE will also make other necessary revisions.

Singapore Fixed Income Indices (SFI) Weekly - 13 October 2014

Date 14/10/2014

Below are key highlights for the week ending 10 October 2014 (please click on the attachment or further detail):

GreySpark FX Trading Report: Buyside Firms Increasingly Trade FX With Other Buyside Firms In Bank-To-Bank Venues

Date 14/10/2014

• Buyside firms meeting other buyside firms on the other side of spot FX trades within bank-to-bank trading venues dramatically increases since 2008
• Buyside firms assert more control over how they access sellside liquidity as electronic trading creates new all-to-all market structures 

Asia Pacific Institutions Turn To Portfolio Reconciliation Ahead Of Regulatory Changes - TriOptima’s triResolve Service Gains 78 Clients In Region

Date 14/10/2014

Impending regulatory changes in Asia Pacific (APAC) have prompted leading financial institutions to proactively reconcile their portfolios and manage their collateral disputes, according to TriOptima, leading provider of OTC derivative post trade services.