News Centre

Commissioner Barnier Welcomes Agreement Between The European Parliament And Member States On Deposit Guarantee Schemes

Date 18/12/2013

I welcome the political agreement reached today between the European Parliament and EU Member States on the new rules on Deposit Guarantee Schemes (DGS). Just a few days after the agreement on bank recovery and resolution (BRRD), we are taking another important step towards completing the single rulebook on crisis management for credit institutions in the EU.

Securities Commission Malaysia Revises Equity Guidelines To Simplify Transfer Of Listing And Clarify Regulatory Principles For SPACs

Date 18/12/2013

Securities Commission Malaysia (SC) today revised its Equity Guidelines to enhance investor protection and market efficiency. The key changes include additional investor safeguards and a practice note to clarify the regulatory principles and requirements of Special Purpose Acquisition Companies (SPACs), as well as introducing an easier transfer process for ACE Market counters to move to the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities).

NWE Price Coupling To Launch 4 February 2014

Date 18/12/2013

The project partners of the North-Western Europe (NWE) day-ahead price coupling project are pleased to confirm the project’s go live on 4 February 2014, for delivery on 5 February 2014. NWE will be the first implementation of the Price Coupling of Regions (PCR) solution, developed by European Power Exchanges, and will run in a common synchronised mode with South-Western Europe (SWE). This launch will be a significant step towards an integrated European power market.

Thomson Reuters Improves Performance And Transparency For Autex FIX Order Routing Customers - Thomson Reuters Moves Autex Trade Route Onto Elektron Network To Improve Performance - Also Launches Unique Monitoring Tool For FIX Order Routing To Help Customers Better Manage Operational Risks

Date 18/12/2013

Thomson Reuters today announced that it has improved performance and transparency for customers of its Autex FIX order routing network with two strategic enhancements. The Company has moved its global FIX order routing system, Autex Trade Route, onto its Elektron network, improving performance for over 750 buy-side firms and 700 executing brokers and venues using the service. Additionally, Thomson Reuters announced the launch of Autex Client Portal, the first tool of its kind among FIX network providers, to give system administrators at financial services firms a real-time, interactive view of network status and trading activity both within the firm and across counterparty connections, enabling greater operational risk management.

Thai Bourse Market Report For November

Date 18/12/2013

• Daily average trading value down 10 pct month-on-month to USD1.09 bln
• Market cap at THB 12.02 trillion, up 1.62 pct from end-2012 
• Derivatives trading falls 20 pct month-on-month to 50,713 contracts per day

Finansinspektionen (FI) - Swedish Financial Supervisory Authority - Does Not Intend To Grant Waivers From The Basel 1 Floor

Date 18/12/2013

Finansinspektionen (FI) does not consider it to be appropriate to grant banks waivers from the Basel 1 floor. This issue has come up for discussion as a result of the new pending European regulations. FI would now like to receive feedback about this position.

NASDAQ Dubai, PwC And Latham & Watkins Hold Seminar On How To Conduct IPOs On The Region’s International Exchange

Date 18/12/2013

PwC and Latham & Watkins teamed up with NASDAQ Dubai to hold a seminar on how to carry out initial public offerings (IPOs), in response to rapidly growing interest from companies in raising capital on the region’s international exchange.

SGX Welcomes Linc Energy To Mainboard

Date 18/12/2013

Singapore Exchange (“SGX”) is pleased to welcome the listing of Linc Energy Ltd (“Linc Energy”) on Mainboard, under the stock code of “TI6”.

New Zealand's Financial Markets Authority AFA Update: Issue # 19 - Guidance Note: Limited Personalised Advice

Date 18/12/2013

FMA has released guidance to help financial advisers give high quality limited personalised advice that is time and cost efficient and adopts the right level of compliance.  This follows from a number of in-depth face-to-face consultations with AFA groups who provided some very helpful comments which assisted in shaping the guidance note.

Additional Statement To Modify FATCA Implementation Statement Between U.S. And Japanese Authorities

Date 18/12/2013

The Authorities of Japan (the Financial Services Agency, the Ministry of Finance and the National Tax Agency, etc.) and the U.S. Department of the Treasury have released the “Additional Statement to Modify Certain Parts of the Statement of Mutual Cooperation and Understanding between the U.S. Department of the Treasury and the Authorities of Japan to Improve International Tax Compliance and to Facilitate Implementation of FATCA (the Foreign Account Tax Compliance Act of the United States)”.