News Centre

SIX Exchange Regulation: Bergbahnen Engelberg-Trübsee-Titlis AG Is Fined

Date 14/03/2012

SIX Exchange Regulation has issued a fine of CHF 7,500 to BergbahnenEngelberg-Trübsee-Titlis AG owing to an infringement of the requirement to disclose management transactions.

New Zealand's Financial Markets Authority To Issue Revised Draft Guidance Note On Effective Disclosure In Offer Documents

Date 14/03/2012

The Financial Markets Authority will publish a revised draft of its guidance note by 2 April 2012 and invites further submissions from the market.

Shanghai Stock Exchange Urges Securities Companies To Strengthen Investor Education In Rational Investment

Date 14/03/2012

In order to urge securities companies to strengthen investor education in rational investment, improve the professional qualities of their personnel engaged in investor education and promote the cultural development of rational investment, the Shanghai Stock Exchange (SSE), in line with the united deployment of the China Securities Regulatory Commission (CSRC), held the mobilization meeting and the lecturer training class for the special lecture tour themed "guidance for rational investment" yesterday, with the attendees being over 200 contact persons for investor education and internal lecturers from over 100 securities companies. Also present at the activity were relevant persons-in-charge of the CSRC Investor Protection Bureau and the SSE.

Keynote Address By Ravi Menon, Managing Director, Monetary Authority Of Singapore At Investment Management Association Of Singapore 13th Annual Conference At Raffles City Convention Centre On 14 March 2012

Date 14/03/2012

Mr Lester Gray, Chairman of IMAS,
Distinguished guests, ladies and gentlemen, good morning.

Forces Driving the Global Economic Outlook 

A Fragile Equilibrium

1. The world economy appears to have found a fragile equilibrium.  There are weaknesses in key economies balanced by pockets of growth elsewhere.  More notably, the worst fears of the last three months of 2011 have not materialised.  The last six weeks in particular have shown signs that the global economy has avoided imminent disaster. 

Statement At The Conclusion Of The European Bank Coordination “Vienna 2.0” Initiative’s Full Forum

Date 13/03/2012

The following statement was issued today by the European Bank “Vienna” Initiative following the conclusion on March 13, 2012 of a two-day meeting in Brussels:

“Public-private Forum boosts Coordination to Support Financial Sector Stability in Emerging Europe

“Stability of the financial sector and ensuring orderly credit conditions in emerging Europe are in the shared interest of the private sector and home and host countries. To this effect, principles to avoid disorderly deleveraging in emerging Europe were agreed by officials and private sector banks at a meeting in Brussels (see Annex below). The agreement aims to better coordinate banking sector regulation and supervision and to contain negative spillovers between the euro area and emerging Europe. It emphasises the central role of European institutions and the international financial institutions in facilitating this coordination."

BATS Global Markets To IPO - First Day of Trading March 23

Date 13/03/2012

BATS Global Markets is planning to IPO in two weeks. BATS has set a price range that gives it a market capitalization of USD810 million at its midpoint.

U.S.A. Federal Reserve Issues FOMC Statement

Date 13/03/2012

Information received since the Federal Open Market Committee met in January suggests that the economy has been expanding moderately. Labor market conditions have improved further; the unemployment rate has declined notably in recent months but remains elevated. Household spending and business fixed investment have continued to advance. The housing sector remains depressed. Inflation has been subdued in recent months, although prices of crude oil and gasoline have increased lately. Longer-term inflation expectations have remained stable.

CFTC To Hold Open Meeting To Consider One Final Rule

Date 13/03/2012

The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Tuesday, March 20, 2012, at 9:30 a.m., to consider one Final Rule:Customer Clearing Documentation, Timing of Acceptance for Clearing, and Clearing Member Risk Management.

U.S.A. Federal Reserve Announces Summary Results Of Latest Round Of Bank Stress Tests

Date 13/03/2012

The Federal Reserve on Tuesday announced summary results of the latest round of bank stress tests, which show that the majority of the largest U.S. banks would continue to meet supervisory expectations for capital adequacy despite large projected losses in an extremely adverse hypothetical economic scenario.

CFTC Vacates CME Clearing Europe Limited Registration As A Derivatives Clearing Organization

Date 13/03/2012

At the request of CME Clearing Europe Limited (CMECEL), pursuant to Section 7 of the Commodity Exchange Act, the Commodity Futures Trading Commission issued an Order on March 13, 2012, vacating the registration of CMECEL as a derivatives clearing organization.