News Centre

CFTC Approves New Financial Rules Submitted By The National Futures Association To Strengthen The Protection Of Customer Funds Held By Futures Commission Merchants

Date 13/07/2012

The Commodity Futures Trading Commission (Commission or CFTC) today approved new financial rules submitted by the National Futures Association (NFA) that enhance protections to customer funds held by futures commission merchants (FCMs). The new financial rules are set forth in NFA Financial Requirements Section 16, and an Interpretive Notice entitled “NFA Financial Requirements Section 16 FCM Financial Practices and Excess Segregated Funds/Secured Amount Disbursements.”

AMF Publishes 2012 Edition Of Risknd Trend Mapping For Financial Markets And Savings

Date 13/07/2012

For  the  sixth  year  running,  the  AMF  has  reviewed  key  market  trends,  changes  to  marketorganisation and structure, and developments in saving and collective investment, as well as the potential consequences for business financing and investor protection.

TOM MTF Statistics Week 28

Date 13/07/2012

Click here to download the weekly statistics update of TOM MTF for week 28 - 2012. 

AMF Publishes Its 2011 Annual Report

Date 13/07/2012

On 29 June 2012, AMF Chairman Jean-Pierre Jouyet presented the  AMF’s 2011 activity report to thepress and reviewed the regulator’s three priorities for the future.

New York Fed Responds To Congressional Request For Information On Barclays LIBOR Matter

Date 13/07/2012

The Federal Reserve Bank of New York today submitted documents related to the Barclays-LIBOR matter requested by Chairman Neugebauer of the U.S. House of Representatives, Committee on Financial Services, sub-committee on Oversight and Investigation.  The New York Fed also released additional materials that document efforts in 2008 to highlight problems with LIBOR and press for reform.

SWIFT Appoints New Marketing Executive - Javier Pérez-Tasso Replaces Gottfried Leibbrandt As Head Of Marketing At SWIFT

Date 13/07/2012

SWIFT, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, announced today that Javier Pérez-Tasso has been appointed its new Marketing Executive, reporting to the CEO, Gottfried Leibbrandt.

Bank Of England Correspondence With The Federal Reserve Bank Of New York And British Bankers’ Association In Relation To Libor

Date 13/07/2012

In response to media reports of correspondence between Timothy Geithner, then President of the Federal Reserve Bank of New York, and Mervyn King, Governor of the Bank of England, in relation to Libor, the Bank of England issued the following statement:  

Concerns about difficulties in setting Libor in the stressed market conditions of late 2007 and 2008 were widely expressed, including in the media, although no evidence of deliberate wrongdoing had been cited. In response, the British Bankers Association (BBA), which was responsible for the setting and governance of Libor, launched a review of the process in June 2008. 

JPMorgan Chase Reports Second-Quarter 2012 Net Income Of $5.0 Billion, Or $1.21 Per Share, On Revenue1 Of $22.9 Billion - Results Include CIO Trading Losses

Date 13/07/2012

JPMorgan Chase & Co. (NYSE: JPM) today reported second-quarter 2012 net income of $5.0 billion, compared with net income of $5.4 billion in the second quarter of 2011. Earnings per share were $1.21, compared with $1.27 in the second quarter of 2011. The Firm's return on tangible common equity for the second quarter of 2012 was 15%, compared with 17% in the prior year.

UK's Financial Services Authority Freezes Assets Of Suspected Land Banking Firm

Date 13/07/2012

Following a High Court order made on 13 July 2012, the Financial Services Authority (FSA) can now report that on 13 June 2012 it secured asset freezing orders against Asset L.I. Inc. (trading as Asset Land Worldwide), Equity Services (London) Limited, and Asset Land Investment PLC. The order also applies to three individuals who cannot be named for legal reasons.

Press Conference By Tadahiro Matsushita, Japan's Minister For Financial Services - Insider Trading And Merger of Tokyo And Osaka Bourses

Date 13/07/2012

[Questions & Answers]

Q.

First, let me ask you about insider trading related to public offering of new shares. At last week's meeting of the Financial System Council, you asked the council to consider measures to prevent a recurrence of insider trading. Among the main points of debate are how to treat the act of communicating insider information and the method of calculating the monetary penalty amount. I suppose there will be more serious issues of discussion, such as double punishments. What is your recognition of problems and issues?

A.

I asked the Financial System Council - I suppose some of you attended the meeting - to conduct deliberations on how to treat the act of communicating insider information, the method of calculating the monetary penalty amount, and the revisions of the insider trading regulation that will be required in light of the trend of insider trading cases in recent years and the actual circumstances of financial and business practices.