News Centre

EBA, ESMA And EIOPA Consult On Technical Standards For Financial Conglomerates Risk Concentration And Intra-Group Transactions

Date 24/07/2014

The Joint Committee of the three European Supervisory Authorities (ESAs - EBA, ESMA and EIOPA) launched today a consultation on draft Regulatory Technical Standards (RTS) on risk concentration and intra-group transactions within financial conglomerates. The technical standards aim at enhancing supervisory consistency in the application of the Financial Conglomerates Directive (FICOD). The consultation runs until 24 October 2014.

Morgan Stanley To Pay $275 Million For Misleading Investors In Subprime RMBS Offerings

Date 24/07/2014

The Securities and Exchange Commission today charged three Morgan Stanley entities with misleading investors in a pair of residential mortgage-backed securities (RMBS) securitizations that the firms underwrote, sponsored, and issued.

UK's Prudential Regulation Authority Consults On Implementing The Bank Recovery And Resolution Directive

Date 24/07/2014

The Prudential Regulation Authority (PRA) has today proposed changes to its rules to implement the EU Bank Recovery and Resolution Directive (BRRD). The BRRD provides a common set of tools and powers for dealing with failing banks and will take effect at the end of 2014.

ECB Announces Theft Of Contact Information

Date 24/07/2014

• Email addresses and contact data stolen from public ECB website
• Theft was from database that is separate from any internal system
• No market sensitive data compromised

Barclays Responds To Complaint From New York Attorney General

Date 24/07/2014

A spokesperson for Barclays said:

"Barclays works closely with its regulators in all jurisdictions and will continue to cooperate with the New York Attorney General. However, we do not believe that this suit is justified, and we have a duty to our shareholders, clients and staff to defend our position.”

IOSCO Surveys Use Of Social Media And Automated Advice By Intermediaries

Date 24/07/2014

The International Organization of Securities Commissions (IOSCO) today published its Report on the IOSCO Social Media and Automation of Advice Tools Surveys. The paper presents the results of four surveys on the use of social media and automated advice tools in capital markets, and how regulators oversee the use of these tools.

SunGard Named Best Market Risk Solution Provider And Best Network Provider In 2014 Waters Rankings

Date 24/07/2014

SunGard has been named as “Best Market Risk Solution Provider” and “Best Network Provider” in the 2014 Waters Technology Rankings for its Adaptiv and SunGard Global Network (SGN) solutions, respectively. Readers of Waters Technology magazine and industry participants vote in the Waters Rankings, which recognize excellence among providers to the financial industry. 

TheCityUK Responds To Latest Balance Of Competences Report

Date 24/07/2014

TheCityUK has responded to the latest Treasury report reviewing the balance of powers between London and Brussels.

NASDAQ OMX Announces Quarterly Dividend Of $0.15 Per Share

Date 24/07/2014

The Board of Directors of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.15 per share on the company's outstanding common stock. 

MARF Admits To Trading A €75 Million Issue By EYSA

Date 24/07/2014

The Mercado Alternativo de Renta Fija (MARF) today admitted a new bond issue by EYSA, with an issue size of €75 million.