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  • Consumer Credit Firms Must Raise Advertising Standards, Says UK's Financial Conduct Authority

    Date 22/05/2014

    Credit firms need to do more to ensure their adverts and promotions do not mislead potential customers. The findings come as Financial Conduct Authority (FCA) statistics show that one in five adverts from consumer credit firms, for products including payday loans, fell short of the FCA’s financial promotion expectations - although most firms were quick to make changes once the shortcomings were pointed out.

  • Sourcing The Right Collateral Increasingly A Priority For Financial Industry In Asia, Shows Poll At Clearstream And SGX Conference

    Date 22/05/2014

    • Every other delegate at fifth annual Global Securities Financing Conference Asia believes there will be a shortfall of collateral in the next 12 to 24 months
    • Clearstream and Singapore Exchange (SGX) collaboration will deliver collateral management solutions for Asian market
    • Fifth annual Global Securities Financing Conference Asia in Singapore brings together more than 150 delegates from across the Asia-Pacific region

  • Bank Of England: Minutes Of The Monetary Policy Committee Meeting Held On 7 And 8 May 2014

    Date 22/05/2014

    ​The Governor invited the Committee to vote on the propositions that:

    • Bank Rate should be maintained at 0.5%;
    • The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

  • Volta Data Centres Announces Team Expansion To Strengthen Commitment To London Businesses

    Date 22/05/2014

    Volta, developer and operator of central London’s newest purpose-designed, carrier-neutral data centre, today announced the expansion of its team to further strengthen its commitment to providing tailored services for businesses requiring colocation in the heart of London.

  • EEX Sees First Coal Trades Registered After Re-Launch

    Date 22/05/2014

    Yesterday, the European Energy Exchange (EEX) launched its new coal initiative and registered first trades for clearing via European Commodity Clearing (ECC). The first registered transaction for delivery in June 2014 was concluded between EnBW Energie Baden-Württemberg AG and STEAG GmbH and matched by the broker GFI Group. The volume comprised 5,000 tonnes traded at a price of USD 75.35 per tonne. The total volume registered amounted to 20,000 tonnes.