News Centre

European Leveraged Loans Regaining Ground Versus High-Yield Bonds For M&A Financing, Says S&P Capital IQ Leveraged Commentary And Data - European Leveraged Finance Market Set To Undergo A Shift As Sponsors Veer Back Towards Loans To Finance Buyouts - Appearance Of Covenant-Lite Loans Attractive For Buyouts

Date 26/03/2014

The European leveraged finance market is set to undergo a shift this year, as private equity sponsors veer back towards loans to finance leveraged buyouts, says S&P Capital IQ Leveraged Commentary and Data (LCD), a provider of real-time coverage of the leveraged finance markets.

UK's Financial Conduct Authority: Santander UK Fined £12.4m For Widespread Investment Advice Failings

Date 26/03/2014

Santander UK Plc has been fined £12,377,800 by the Financial Conduct Authority (FCA) after the regulator uncovered serious failings in the way it offered financial advice from its bank.

EDHEC-Risk’s Annual European ETF Survey Highlights ETF Investors’ Positive Outlook

Date 26/03/2014

EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2013, a comprehensive survey of 207 European ETF investors. The survey was conducted as part of the Amundi ETF & Indexing research chair at EDHEC-Risk Institute on “Core-Satellite and ETF Investment.”

MNI Russia Business Indicator Falls To 52.5 In March From 60.0 In Februar - Russian Business Activity Takes A Hit Amid Crisis

Date 26/03/2014

Amid the threat of strong sanctions, Russian business sentiment fell sharply in March to the lowest level in three months.

KRX Initiates Uzbekistan Stock Market Modernization Project

Date 26/03/2014

On March 25, 2014, Korea Exchange(KRX) signed an agreement on “Uzbek Stock Market Modernization Project” with the State Property Committee(SPC) of Uzbekistan at Tashkent, Uzbekistan. The agreement was signed by KRX Chairman & CEO Mr. Kyungsoo Choi and SPC Chairman Mr. A. Abudukhakimov and includes details on the master agreement previously signed in 2011 between the two parties.

KRX expects to begin specific tasks for the stock market modernization project which has been prolonged due to negotiation on details of the agreement’s terms and conditions. This project has been pushed ahead to transplant Korean stock market model into Uzbekistan since 2011. KRX expects the delivery of the new system by year-end 2015.

MAS Consults On Proposed Revisions To Risk-Based Capital Framework For Insurers And Launches Quantitative Impact Study

Date 26/03/2014

The Monetary Authority of Singapore (MAS) today published a second consultation paper on the details of the proposed revisions to the Risk-Based Capital (RBC) framework for insurers. 

Platts: TSI ASEAN HRC-Based Singapore Exchange Steel Derivatives Well Received - The Steel Index (TSI)-Based Steel Futures And Swaps Complete First Month

Date 26/03/2014

The Singapore Exchange’s (SGX) newly introduced steel futures and swaps contracts, which were launched in February and based on the daily spot ASEAN hot rolled coil (HRC) imports price index of The Steel Index (TSI), saw solid industry support in their first month of trading.

Monetary Authority Of Singapore Continues Its Support For A Term Professorship In Economics And Finance At National University Of Singapore - The Extension Of The Term Professorship Will Further Strengthen The Research Culture In Singapore And Enhance Research Capabilities In Finance And Economics Relevant For Industry, Policy And Academia

Date 26/03/2014

The Monetary Authority of Singapore (MAS) has reaffirmed its commitment to sponsor the professorship in economics and finance at the National University of Singapore (NUS).  Commencing from 1 April 2014, MAS’ sponsorship for another five years signals MAS' strong support for the programme, which has been successful in facilitating the exchange of research ideas and interests in applied economics and finance in Singapore.

New Zealand's Financial Markets Authority: A Second Contributory Mortgage Broker Pleads Guilty

Date 26/03/2014

First Mortgage Investments Limited, a contributory mortgage broking firm, has been convicted and fined $4,000 plus court costs for failing to deliver its annual report to the Registrar of Companies by 30 June 2013. First Mortgage pleaded guilty to the charge laid by the Financial Markets Authority (FMA).

Shenzhen Stock Exchange Market Bulletin 24 March, 2014 - Issue 10

Date 26/03/2014

Last week, Shenzhen Component Index stood at 7241.6 points, the same level as the end of last week. SME Index closed at 4801.3 points after losing 0.7%. ChiNext Index was down 1.0% to 1419.8 points. Total turnover for stocks and funds on SZSE was US$94.4 billion, or a 9.8% increase from the week before.