News Centre

Securities Commission Malaysia And Oxford Centre For Islamic Studies Offer A Scholar In Residence Fellowship

Date 17/04/2012

Nominations are now invited for a Visiting Fellowship at the Oxford Centre for Islamic Studies for the academic year commencing October 2012, under a new Scholar in Residence Programme in Islamic Finance jointly supported by the Securities Commission Malaysia (SC) and the Oxford Centre for Islamic Studies (OCIS).  OCIS is a recognised independent centre of the University of Oxford.

Japan's Financial Services Agency: Publication Of “Taxation Of J-Sukuk Q&A”

Date 17/04/2012

The 2011 tax reform introduced a tax break leveling the playing field between a quasi-bond beneficial interest which can be used as a J-Sukuk and a conventional bond for tax purposes. In addition, following the introduction of this tax break, Japan Securities Depository Center, Inc. commenced the handling of J-Sukuk on April 1, 2012.

Treasury International Capital Data For February

Date 16/04/2012

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for February 2012.  The next release, which will report on data for March 2012, is scheduled for May 15, 2012.

IMF Managing Director Christine Lagarde Congratulates Jim Yong Kim On Appointment As President Of The World Bank

Date 16/04/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement after the announcement of Mr. Jim Yong Kim as President of the World Bank Group:

“I would like to congratulate Jim Yong Kim for his appointment as President of the World Bank Group. He brings an impressive record of experience, commitment, and leadership on development issues to the Bank. I very much look forward to working with him and in further advancing the strong collaboration between our institutions.”

Statement From Dr. Jim Yong Kim Regarding His Selection By The World Bank's Executive Directors As 12th President Of The World Bank

Date 16/04/2012

Dr. Jim Yong Kim today released a statement in response to his selection by the World Bank's Executive Directors as 12th President of the World Bank: 

“I am honored to accept the Executive Directors’ decision to select me as the next President of the World Bank Group.  I am delighted to succeed Robert Zoellick, who has served with excellence and distinction during the last five years, and I am grateful to the Bank’s member countries for the broad support I have received."

SEC Charges optionsXpress And Five Individuals Involved In Abusive Naked Short Selling Scheme

Date 16/04/2012

The Securities and Exchange Commission today charged an online brokerage and clearing agency specializing in options and futures as well as four officials at the firm and a customer involved in an abusive naked short selling scheme.

SIX Swiss Exchange And Scoach Switzerland: More Trades In March 2012

Date 16/04/2012

BM&FBOVESPA Announces Second Previews For The Ibovespa Theoretical Portfolio And Other Indexes

Date 16/04/2012

BM&FBOVESPA announces the second preview for the Ibovespa theoretical portfolio, which will be valid for the period of January to April, 2012. The Exchange also announces the previews of the other indexes.

Statement By Treasury Secretary Tim Geithner Welcoming The Selection Of Dr. Jim Yong Kim For World Bank Presidency By The World Bank Board Of Directors

Date 16/04/2012

The U.S. Department of Treasury today released the following statement from Secretary Tim Geithner on the World Bank Board of Directors’ selection of Dr. Jim Yong Kim to lead the World Bank:

“I welcome today’s decision by the World Bank Board of Directors to select Dr. Jim Yong Kim as the institution’s next president.  Dr. Kim has a lifetime of experience solving complex problems.  His deep development background coupled with his dedication to forging consensus will help breathe new life into the World Bank’s efforts to secure fast economic growth that is widely shared."

World Bank’s Executive Directors Select Dr. Jim Yong Kim 12th President Of The World Bank Group

Date 16/04/2012

The Executive Directors met today to select a new President of the World Bank Group. The Board expressed its deep gratitude for Mr. Robert B. Zoellick’soutstanding leadership and his dedication to reducing poverty in its member countries, the core mandate of the World Bank Group.