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DIFC Discusses Initiatives To Strengthen Economic And Financial Cooperation Between The UAE And Spain - 2nd Seminar Hosted In Association With The Madrid Centro Financiero - Rivera, MCF: "The Impressive Structure And Competencies Available In DIFC Are Not Common In Europe"

Date 15/12/2011

The Dubai International Financial Centre ("DIFC”), the financial and business  hub connecting the region’s emerging markets with the developed markets of  Europe, Asia and the Americas, today hosted “UAE and Spain: Economic and  Financial Cooperation”, an investment conference held in association with the  Madrid Centro Financiero (“MCF”).

Another Bulgarian Company Newly Listed On Warsaw Stock Exchange

Date 15/12/2011

Eurohold Bulgaria is the 15th foreign company newly listed on the WSE this year. It is the second Bulgarian company listed on the main market and the third Bulgarian company to go public on the trading floor in Warsaw.

Gowex And Iberpapel Increase Their Research Coverage Through “InResearch” - The Independent Analysis Service For Companies Traded On The Spanish Market Backed By BME And The Instituto Español De Analistas Financieros (IEAF) Starts

Date 15/12/2011

InResearch, the independent analysis service for  companies traded on the Spanish market backed by BME and IEAF has kicked off,  covering Gowex and Iberpapel. The research reports will be published in the  first quarter of 2012.

BM&FBOVESPA Launches Reference Exchange Rates - The Exchange Will Start The Calculation And Publication As Of December 19 Of Reference Rates For The Spot FX Market

Date 15/12/2011

BM&FBOVESPA shall start the daily calculation and publication on December 19 of reference exchange rates. The indicators are named Reference Exchange Rates (TCRs) and will be calculated based on spot US Dollar trades and orders (USDP) on the electronic trading platform.

The Euro, Monetary Policy And The Design Of A Fiscal Compact - Speech By Mario Draghi, President Of The ECB, Ludwig Erhard Lecture, Berlin, 15 December 2011

Date 15/12/2011

Ladies and Gentlemen,

I am honoured to have received the invitation from Professor Hans Tietmeyer to deliver this year’s Ludwig Erhard lecture.

UK's Financial Services Authority Obtains Another High Court Decision To Protect Consumers From Unauthorised Land Banking Firms

Date 15/12/2011

On Friday, 9 December 2011, the Financial Services Authority (FSA) secured a summary judgment in the High Court against Cityshore Commodities Limited (Cityshore) and its director Aaron Walker.

Clearstream’s IT Division Signs Two New Customers For Its IT Hosting And Managed Services - Banco Bradesco And BKCP Bank Outsource IT Hosting To Clearstream Services - Clearstream’s IT Hosting And Managed Services Offering Now Has 20 Clients

Date 15/12/2011

The Brazilian bank Banco Bradesco and BKCP Bank from Belgium will use Clearstream’s IT Hosting and Managed Services. Clearstream Services will run the IT infrastructure for the private banking application hub for Banco Bradesco outside the Americas, with supporting services provided by Real Solutions S.A. For BCKP Bank, the entire IT infrastructure will be supported by Clearstream Services, including the IT office infrastructure within the bank’s branches. All services will be hosted in Luxembourg. Clearstream Services now has 20 customers in its external IT business. Cost control continues to be a major concern in the financial sector and beyond. Financial institutions want to avoid to invest significant amounts of time and money in the construction and management of IT infrastructures, and thus increasingly outsource IT services to specialized providers.

HKEx Plans To Start After-Hours Futures Trading In The Second Half Of 2012

Date 15/12/2011

Hong Kong Exchanges and Clearing Limited (HKEx) will proceed with a revised version of its proposal and start after-hours futures trading (AHFT) in the second half of 2012 after market support was found in a consultation.

Tel Aviv Stock Exchange: 2 New Companies Join The TA-25 Index

Date 15/12/2011

EDHEC-Risk Institute Announces “Solvency II Benchmarks” To Assist European Insurers With Their Allocation To Equities

Date 15/12/2011

At separate seminars in Paris and London on December 13 and 14, 2011, entitled “Solvency II Benchmarks: How to Implement an Optimal Equity Allocation within Solvency II,” EDHEC-Risk Institute presented the results of research carried out with the support of Russell Investments that has led to the development of risk management strategies that allow European insurance companies to keep a reasonable capital requirement while providing attractive products to policyholders.