News Centre

MNI India Business Indicator Increased To 63.4 In January From 57.8 In December - Production And New Orders Rise Markedly

Date 23/01/2014

The MNI India Business Indicator increased to 63.4 in January from 57.8 in December, pushing sentiment 4.6% above the level seen a year earlier.

ECB Proposes Candidate For Vice-Chair Of The SSM Supervisory Board

Date 22/01/2014

The Governing Council of the ECB has today proposed the appointment of Sabine Lautenschläger as Vice-Chair of the Supervisory Board of the single supervisory mechanism and has informed the Chair of the ECON Committee of the European Parliament, Ms Sharon Bowles, in line with the SSM Regulation and the Inter-Institutional Agreement. Ms Lautenschläger will appear before the European Parliament ECON Committee at a hearing on a date to be confirmed. The European Parliament will decide on the approval of the candidate proposed by the ECB.

SEC: Former Oppenheimer Fund Manager Agrees To Settle Fraud Charges

Date 22/01/2014

The Securities and Exchange Commission today announced that a former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a $100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds. 

S&P GCC Composite Shariah Dividend Index Launched By S&P Dow Jones Indices

Date 22/01/2014

S&P Dow Jones Indices today announced the launch of the S&P GCC Composite Shariah Dividend Index which is designed to measure the performance of the highest yielding, Shariah-compliant stocks from the Gulf Cooperation Council (GCC) region that meet respective liquidity, dividend growth, and dividend sustainability criteria.

Thomson Reuters Survey Highlights Companies' Uncertainty Around Conduct Risk - Inaugural Survey Finds A Lack Of Consistency And Clarity Defining And Regulating "Conduct Risk"

Date 22/01/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the findings of a new survey which shows that although conduct risk has become one of the highest priorities for regulators worldwide, there is still great disparity in how firms are defining conduct risk and similarly how regulators are referring to the concept. According to the Thomson Reuters Conduct Risk Report 2013, firms, in response to an increasing volume of regulatory change, demands and priorities are placing increased importance on conduct risk while working to establish what the concept means for their organizations.

Questions And Answers On The Proposed Market Stability Reserve For The EU Emissions Trading System

Date 22/01/2014

1. What has the Commission proposed today concerning the EU ETS?

The Commission has presented a legislative proposal to establish a market stability reserve for the EU Emissions Trading Scheme (EU ETS), as part of the 2030 framework for climate and energy policies. This market stability reserve will operate as of phase 4 starting in 2021 to provide market participants with the necessary certainty as regards the auction supply during phase 3 and an appropriate lead-time for the introduction of the reserve.

ISDA Publishes Recommendation For FpML Version 5.6

Date 22/01/2014

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the publication of the Recommendation for Financial products Markup Language (FpML) version 5.6.  Version 5.6 allows the industry to fulfill reporting requirements in jurisdictions where reporting to trade repositories is expected to go live in 2014.

2030 Climate And Energy Goals For A Competitive, Secure And Low-Carbon EU Economy

Date 22/01/2014

A reduction in greenhouse gas (GHG) emissions by 40% below the 1990 level, an EU-wide binding target for renewable energy of at least 27%, renewed ambitions for energy efficiency policies, a new governance system and a set of new indicators to ensure a competitive and secure energy system. These are the pillars of the new EU framework on climate and energy for 2030 presented today by the European Commission.

New DTCC White Paper Reveals Critical Need For Market Infrastructure Solutions To Meet Rising Collateral Demand - Collaborative Solutions Needed To Mitigate Significant Impacts On Financial Firms

Date 22/01/2014

The Depository Trust & Clearing Corporation (DTCC) today cautioned that financial firms could face significant cost, risk and operational challenges managing margin requirements in the years ahead and called for collaborative solutions that leverage market infrastructures to help the industry meet increasing demands. 

Traiana Connects To First Trade Repositories For EMIR Reporting

Date 22/01/2014