News Centre

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.

Malawi Stock Exchange Market Performance Report For First Quarter Ending 31st March, 2012

Date 16/04/2012

Click here to download the Malawi Stock Exchange's market performance report for the first quarter ending 31st March, 2012.

Remarks By SEC Commissioner Daniel M. Gallagher At The 44th Annual Rocky Mountain Securities Conference

Date 16/04/2012

Thanks George [Curtis], for your generous introduction and years of good  counsel – to say nothing of your hospitality. And thank you too, Don [Hoerl],  for a great visit to the SEC’s dynamic Denver office yesterday. It’s good to be  here among friends this morning – and, as for the rest of you, I’m happy to  share my Friday-the-thirteenth with you.

Omnibus Accounts Operated By KDPW Participants Available As Of 16 April

Date 16/04/2012

Amendments of the KDPW Rules taking effect as of 16 April 2012 allow Participants of the National Depository to operate omnibus accounts. The introduction of omnibus accounts opens the Polish market to new investors and consequently offers the chance to increase the inflow of foreign capital. 

CPSS And IOSCO Issue Final Report On Principles For Financial Market Infrastructures And Seek Comment On Two Consultative Documents

Date 16/04/2012

The Committee on Payment and Settlement Systems (CPSS) and the Technical  Committee of the International Organization of Securities Commissions (IOSCO)  today published the final report on the Principles for Financial Market  Infrastructures. The report updates, harmonizes, and strengthens the risk  management and related standards applicable to financial market infrastructures  (FMIs), including systemically important payment systems, central securities  depositories, securities settlement systems, central counterparties, and trade  repositories. CPSS and IOSCO also released for comment the Disclosure Framework  for Financial Market Infrastructures (Disclosure Framework) and the Assessment  Methodology for the Principles for FMIs and the Responsibilities of Authorities  (Assessment Methodology).