News Centre

Office Of The Comptroller Of The Currency Bulletin: Volcker Rule - Final Regulations

Date 25/03/2014

Summary

On December 10, 2013, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission issued jointly developed final regulations to implement section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, known as the Volcker Rule. The final regulations were published in the Federal Register on January 31, 2014, and become effective on April 1, 2014.

EGX Board Of Directors Approves The Executive Rules Of ETFs, Market Makers & Block Deals

Date 25/03/2014

EGX Board of Directors approved in its meeting held yesterday, Monday, March 24, 2014, the executive rules for ETFs, Market Makers & Block Deals in a step to be sent for EFSA for final approval.

MDS Names Andrew Taylor Non-Executive Director

Date 25/03/2014

MDS, leading provider of convergent billing and customer management solutions,  announced today that Andrew Taylor has joined the MDS Board as a Non-Executive Director, to support the company’s growth plans.

TMX Group To Expand Into Private Markets - New Business To Provide Private Companies With Efficient Access To Investors

Date 25/03/2014

TMX Group today announced plans to launch a business to facilitate capital raising and the trading of securities in the exempt market. The new business, which is called TSX Private Markets, enables TMX Group to serve companies throughout their evolution from start-up, to private issuer, to public issuer.

Keynote Address By CFTC Commissioner Scott D. O’Malia, The Future Of Financial Standards – SWIFT Institute, SWIFT’s Standards Forum, And The London School Of Economics And Political Science, London, England - Disruptive Data: Transforming Regulatory Oversight Through Technological Innovation

Date 25/03/2014

Good morning to you all. Thank you very much for the kind introduction and for inviting me to speak here today.

Thomson Reuters To Champion Higher Industry Standards For FX Trading - Proposed Changes To Spot Matching Trading Rules To Encourage Behaviours That Sustain Primary Markets

Date 25/03/2014

Thomson Reuters today announced the publication of a new proposed Matching Rule Book, applicable to the entireThomson Reuters Matching community and designed to reflect a higher standard for acceptable trading behaviours in foreign exchange.

EnterNext Congratulates McPhy Energy On Successful Listing

Date 25/03/2014

EnterNext, the Euronext subsidary designed to promote and grow its market for SMEs, today congratulated McPhy Energy — a specialist in hydrogen-based solutions for energy storage and industrial applications — on its successful listing in compartment C of Euronext’s regulated market in Paris.

NASDAQ Global Index Family Now Available Through RIMES Benchmark Data Service

Date 25/03/2014

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), a market leading provider of innovative, transparent indexes, announced that the NASDAQ Global Index Family, comprised of nearly 9,000 global securities with a combined $41.8 trillion float-adjusted market capitalization, is now available on the award-winning RIMES Benchmark Data Service^® (RIMES BDS^®).

Tokyo Stock Exchange: Completion Of Trading Unit Consolidation Period And Start Of Transition To 100 Share Trading Units

Date 25/03/2014

As announced in the “Action Plan for Consolidating Trading Units” released on November 27, 2007, all domestic Japanese exchanges are proceeding with plans aimed to ultimately consolidate all stocks to 100 share trading units.

ESMA Publishes Q&A Application Of The AIFMD

Date 25/03/2014

I. Background

1. The Alternative Investment Fund Managers Directive (AIFMD) puts in place a comprehensive frame-work for the regulation of alternative investment fund managers within Europe. The extensive re-quirements with which AIFMs must comply are designed to ensure that these managers can manage AIFs on a cross-border basis and the AIFs that they manage can be sold on a cross-border basis.
2. The AIFMD framework is made up of the following EU legislation:

   2a. Directive 2011/61/EU, which was adopted in 2011. It is a ‘framework’ Level 1 Directive which has been supplemented by technical delegated and implementing measures.

   2b. Commission Regulation (EU) No 231/2013, Commission Regulation (EU) No 447/2013 and Commission Regulation (EU) No 448/2013.

3. ESMA is required to play an active role in building a common supervisory culture by promoting common supervisory approaches and practices. In this regard, the Authority develops Q&As as and when appropriate to elaborate on the provisions of certain EU legislation or ESMA guidelines.
4. The European Commission has already published its own Q&A on AIFMD.