News Centre

CFTC Staff Issues An Extension Of Time-Limited No-Action Relief To LCH

Date 25/06/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) today issued a further extension of time-limited no-action relief to LCH.Clearnet Limited (LCH), a derivatives clearing organization (DCO) registered under Section 5b of the Commodity Exchange Act.

OCC Report Examines Risks Facing National Banks And Federal Savings Associations

Date 25/06/2014

Competitive pressures, and strategic and operational risks top the semiannual list of supervisory concerns in a report released today by the Office of the Comptroller of Currency (OCC).

Statement By SEC Commissioner Michael S. Piwowar At Open Meeting Regarding Application Of “Security-Based Swap Dealer” And “Major Security-Based Swap Participant” Definitions To Cross-Border Security-Based Swap Activities

Date 25/06/2014

I am pleased to support the rulemaking before us today, which would specify how the “Security-Based Swap Dealer” and “Major Security-Based Swap Participant” definitions from Title VII of the Dodd-Frank Act are applied to cross-border security-based swap activities. These two definitions are foundational elements of the Commission’s new regulatory regime governing security-based swaps, specifying which entities will be required to register with the Commission as a result of their security-based swap activities, and thus be subjected to the full set of associated substantive requirements.

Britain Becomes The First Country Outside The Islamic World To Issue Sovereign Sukuk

Date 25/06/2014

Britain becomes the first country outside the Islamic world to issue sovereign Sukuk. 

SEC Chair’s Opening Statement On The Adoption Of Cross-Border Securities-Based Swap Rules Under Title VII Of The Dodd-Frank Act

Date 25/06/2014

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on June 25, 2014.

Today, the Commission will consider a recommendation of the staff to adopt core rules and critical guidance on cross-border security-based swap activities under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Governor Daniel K. Tarullo At The Federal Reserve Third Annual Stress Test Modeling Symposium, Boston, Massachusetts, June 25, 2014, Stress Testing After Five Years

Date 25/06/2014

Born of necessity during the depths of the financial crisis as part of an effort to restore confidence in the U.S. financial system, supervisory stress testing has in the intervening five years become a cornerstone of a new approach to regulation and supervision of the nation's largest financial institutions. First, of course, it is a means for assuring that large, complex financial institutions have sufficient capital to allow them to remain viable intermediaries even under highly stressful conditions. More broadly, supervisory stress testing and the associated review of capital planning processes have provided a platform for building out a regulatory framework that is more dynamic, more macroprudential, and more data-driven than pre-crisis practice.

Euronext Brussels Welcomes Ontex To Its European Market

Date 25/06/2014

Ontex, a leading global provider of disposable hygiene products, today celebrated its listing on the regulated market of Euronext Brussels.

NASDAQ OMX Launches REIT Benchmark Index Family - Partners With ETRE Financial To Create New Methodology For 12 Real Estate Indexes

Date 25/06/2014

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and ETRE Financial, LLC (ETRE) today announced a new partnership in the Real Estate Investment Trust (REIT) benchmark index space, with the launch of 12 co-branded indexes. 

The Spanish Stock Exchange Trades The First ETF On The IBEX® Medium CAP - It Is The First Exchange-Traded Fund On A Spanish MidCap Total Return Index

Date 25/06/2014

The Spanish Stock Exchange today started the trading of the exchange-traded fund (ETF) LYXOR UCITS ETF IBEX® MID, issued byLyxor Asset Management, the fund manager operated by the Société Générale Group.

TSB Banking Group Joins London Stock Exchange Main Market

Date 25/06/2014

• Paul Pester, CEO, TSB Banking Group opens London trading
• IPO raises £455 million, valuing company at £1.3 billion
• 3rd bank to list in London in 2014