News Centre

IOSCO Consults On Money Market Fund Systemic Risk Analysis And Reform Options

Date 27/04/2012

The Technical Committee of the International Organization of Securities Commissions (IOSCO) has published a consultation report, Money Market Fund Systemic Risk Analysis and Reform Options, which provides a preliminary analysis of the possible risks that money market funds (MMFs) could pose to systemic stability and consults on an exhaustive range of policy options to address those risks.

ESMA Approves Credit Ratings From Brazil For Use In The EU

Date 27/04/2012

ESMA today announces that it considers the regulatory framework for credit rating agencies (CRAs) of Brazil to be in line with European Union rules. This allows European financial institutions to continue using credit ratings issued in Brazil for regulatory purposes after 30 April 2012.

Regulatory Reform Is Subject Of Seventh City Of London Swiss Financial Roundtable - The Regulatory Reform Programme Must Start Paying More Attention To Its Impact On Economic Growth

Date 27/04/2012

The seventh City of London – Swiss Financial Round Table discussed key topics common to both countries’ financial services industries. UK and Swiss bankers today (27 April) urged regulators to take into account the impact that regulatory reforms are likely to have on the global economic recovery and the international competitiveness of banks in the UK and Switzerland. 

Appointment Of HKEx Chairman Approved

Date 27/04/2012

Hong Kong Exchanges and Clearing Limited (HKEx) today (Friday) received the written approval of the Chief Executive of the Hong Kong Special Administrative Region (HKSAR) on the appointment of Chow Chung Kong as Chairman of HKEx with immediate effect until the conclusion of the annual general meeting of HKEx to be held in 2014.

UK's Financial Services Authority Publishes New Rules To Ensure Pension Transfers Are Suitable For Scheme Members

Date 27/04/2012

The Financial Services Authority (FSA) has published new rules and guidance, following consultation, to strengthen the protection for members of defined benefit pension schemes who are considering moving their money into personal pensions.

ASEAN Exchanges Firm Up Launch Of ASEAN Trading Link And Formalise Agreement To Enhance Market Awareness

Date 27/04/2012

The CEOs of the ASEAN Exchanges, together in Singapore for the 16^th ASEAN Exchanges CEOs meeting, today announced the ASEAN Trading Link is on track for a June 2012 launch. Bursa Malaysia and Singapore Exchange will be connected first with the Stock Exchange of Thailand added in August 2012.

Information From The Spokeswoman Of The European Commission Following The Phone Call Between President Barroso And The Prime Minister Of China Wen Jiabao

Date 27/04/2012

"Prime-Minister Wen Jiabao called President Barroso for an exchange on issues of mutual interest. Prime-Minister Wen informed President Barroso of the results achieved in his most recent European tour that took him to Germany, Iceland, Sweden and Poland. President Barroso welcomed the Chinese efforts to reinforce the relations with EU Member States. Both leaders agreed on the importance to follow up on the important results achieved on the 14th EU-China Summit held in Beijing."

Joint Statement Following The Working Breakfast Between European Commission President Jose Manuel Barroso And Italian Prime Minister Mario Monti

Date 27/04/2012

"Our discussion this morning focused on the current economic situation in Europe and in the euro area in particular. We face significant challenges in terms of growth and high unemployment."

Michel Barnier European Commissioner For Internal Market And Services - Towards Better Regulation Of The Shadow Banking System - Conference On The Shadow Banking System - Brussels , 27 April 2012

Date 27/04/2012

Ladies and Gentlemen,

Good morning to each and every one of you, and thank you for joining us at this important conference on the shadow banking system.

HKEx: The Listing Committee Censures Goldman Sachs Structured Products (Asia) Limited For Breaching The Listing Agreement

Date 27/04/2012

The Listing Committee of The Stock Exchange of Hong Kong Limited (the "Committee") censures Goldman Sachs Structured Products (Asia) Limited ("GS") for breaching the Listing Agreement between GS and the Exchange of 25 October 2005 (the "Listing Agreement").