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  • Statement Of US Treasury Secretary Jacob J. Lew On Russia And Ukraine

    Date 28/04/2014

    “Russia’s dangerous and inflammatory actions against Ukraine are illegal and illegitimate. Since Russia has refused to follow through on its Geneva commitments, today the United States is following through on its statements – we are imposing additional costs against Russia, including sanctions on individuals in the Russian leadership’s inner circle and 17 entities closely linked to previously sanctioned members of the inner circle. Today’s targeted actions, taken in close coordination with the EU, will increase the impact we have already begun to see on Russia’s own economy as a result of Russia's actions in Ukraine and from U.S. and international sanctions. Russian economic growth forecasts have dropped sharply, capital flight has accelerated and higher borrowing costs reflect declining confidence in the market outlook. Our goal continues to be for Russia to deescalate the situation so that additional sanctions are not needed. However, we are resolved to continue to work with our international partners and take the steps required, including action against individuals and entities in specific sectors, if Russia continues to press forward.”

  • U.S. Department Of The Treasury: Announcement Of Additional Treasury Sanctions On Russian Government Officials And Entities - Sanctions Target Seven Russian Government Officials, Including Members Of The Russian Leadership’s Inner Circle, And 17 Entities

    Date 28/04/2014

    The U.S. Department of the Treasury today designated seven Russian government officials, including two key members of the Russian leadership’s inner circle, and 17 entities pursuant to Executive Order (E.O.) 13661.  E.O. 13661 authorizes sanctions on, among others, officials of the Russian Government and any individual or entity that is owned or controlled by, that has acted for or on behalf of, or that has provided material or other support to, a senior Russian government official.

     

     

     

  • Federal Reserve Board Announces It Is Requiring Bank Of America Corporation To Resubmit Its Capital Plan And To Suspend Planned Increases In Capital Distributions

    Date 28/04/2014

    The Federal Reserve Board on Monday announced it is requiring Bank of America Corporation to resubmit its capital plan and to suspend planned increases in capital distributions. The decision relates to the disclosure by Bank of America that the banking organization incorrectly reported data used in the calculation of regulatory capital ratios and submitted as inputs for the most recent stress tests conducted by the Federal Reserve.  

  • HKEx: Scrip Dividend Scheme In Relation To The Final Dividend For The Year Ended 31 December 2013 - Calculation Of Market Value

    Date 28/04/2014

    At HKEx’s annual general meeting held on 16 April 2014, Shareholders approved payment of the Final Dividend, as recommended by the Board, to Shareholders whose names appeared on HKEx’s register of members on the Record Date. The Final Dividend will be payable in cash with a scrip alternative under which eligible Shareholders may elect to receive the Final Dividend wholly or partly in the form of New Shares instead of in cash.

  • Moscow Exchange: Changes To FX And Precious Metals Markets' Risk Management System

    Date 28/04/2014

    The FX and precious metals markets' risk management system will be modified from 28 April. Two concentration limit levels and several levels of the market risk limit rate  will be introduced, with a simultaneous decrease of the minimum value. Individual risk parameters adjustment will become available per a  settlement code.

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