News Centre

Thomson Reuters Hosts MENA Asset Management Conference In June - Winners Of Zawya Fund And Lipper Awards To Be Announced At The Conference

Date 27/05/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, will host the MENA Asset Management Conference, Zawya Fund and the Lipper Awards on June 1, 2014 at the Ritz-Carlton, DIFC, Dubai, United Arab Emirates.

Brokerage House Securities Becomes Member Of NASDAQ Dubai To Access New Equities Opportunities

Date 27/05/2014

Brokerage House Securities (BHS) has joined NASDAQ Dubai as an equities trading Member, enabling its clients to access the region’s rapidly expanding international exchange directly for the first time.

Thomson Reuters Launches Market Leading Legal Research Service In Iraq

Date 27/05/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of its leading legal research service, Westlaw Gulf, in Iraq.

Clearstream Issues Monitoring Report To Help Depositary Banks Comply With AIFMD As 22 July Deadline Looms

Date 27/05/2014

• New report on Clearstream’s network links to help depositary banks meet asset monitoring and due diligence requirements under AIFMD and UCITS V 
• Under AIFMD, depositary banks will be required to provide oversight of the fund’s investment activities to keep custody risk under control 
• Market participants should act now to ensure AIFMD compliance

Oslo Børs: Rush Of Savings Banks To Nordic ABM

Date 27/05/2014

Over the last few days, four savings banks have listed their first fixed income securities on Nordic ABM.

UK’s Financial Conduct Authority Calls On Insurance Intermediaries To Better Manage Conflicts Of Interest When Dealing With Small Business Clients

Date 27/05/2014

Inherent conflicts within insurance intermediaries are not being properly managed, a review by the Financial Conduct Authority (FCA) has found. After looking at seven of the largest intermediaries who serve small business clients, the FCA has concluded that in some firms, control frameworks and management information have not developed at the same pace as business models.

Oslo Børs: Genel Energy Lists Its First Bond Issue On Nordic ABM

Date 27/05/2014

The oil company Genel Energy lists its first bond issue on Nordic ABM today. The issue size of USD 500 million makes this the largest new listing on Nordic ABM so far this year.

ECB Launches Public Consultation On Draft ECB Regulation On Supervisory Fees

Date 27/05/2014

• Regulation on supervisory fees to set out how the ECB recovers its expenditures for supervising the euro area banking sector

• Expenditure for banking supervision in 2015 estimated at around €260 million

• Most banks that will be directly supervised by the ECB to pay between €0.7 million and €2 million per year

• Largest banks to pay approximately €15 million; smallest to pay about €2000

Athens Stock Exchange Chooses Multi-Asset Surveillance Technology From Cinnober

Date 27/05/2014

The Hellenic Exchanges — Athens Stock Exchange Group, has selected Cinnober as technology partner for the implementation of its new surveillance system. The multi-asset solution will strengthen the exchanges’ existing technological infrastructure in order to cope with the new European regulatory environment and requirements.

HKEx Announces Temporary Holiday Risk Management Arrangements

Date 27/05/2014

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.