News Centre

IMF: Statement From Indonesia, Malaysia And Thailand

Date 20/04/2012

The IMF plays an essential role in supporting the stability of the global economy. The ASEAN region has a strong interest and stake in stable global growth. We support the broad-based international cooperative effort to increase the resources of the IMF for precautionary and crisis resolution purposes. Indonesia, Malaysia and Thailand will undertake the necessary domestic consultations to join this international effort.

SEC Charges British Twin Brothers Touting "Stock Picking Robot" In Internet Pump-And-Dump Scheme

Date 20/04/2012

The Securities and Exchange Commission today charged twin brothers from the U.K. with defrauding approximately 75,000 investors through an Internet-based pump-and-dump scheme in which they touted a fake “stock picking robot” that purportedly identified penny stocks set to double in price. Instead, the brothers were merely touting stocks they were being paid separately to promote.

ISDA Response To European Commission Discussion Paper On The Debt Write-Down Tool/Bail-In

Date 20/04/2012

Click here to download ISDA's response to European Commission discussion paper on the debt write-down tool/bail-in.

ESMA Advises European Commission On Short-Selling Regulation

Date 20/04/2012

ESMA has published today its final advice on possible delegated acts concerning the Short-Selling Regulation.

TOM MTF Statistics Week 16 2012

Date 20/04/2012

Click here to download the weekly statistics update of TOM MTF for week 16 - 2012. 

Statement By IMF Managing Director Christine Lagarde On Pledges By Australia, Korea, Singapore And The United Kingdom To Increase IMF Resources By About US$41 Billion

Date 20/04/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

“I warmly welcome fresh commitments from Australia, Korea, Singapore and the United Kingdom to provide substantial contributions to increasing Fund resources by a combined total of about US$41 billion. These bring to at least US$357 billion the additional commitments to IMF resources from the cooperative effort under way to ensure adequate Fund resources. This broad-based response to our request for additional resources will help strengthen global economic and financial stability in the interests of all our members."

NASDAQ Welcomes Proofpoint, Inc. To The NASDAQ Global Market

Date 20/04/2012

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that Proofpoint Inc. (Nasdaq:PFPT) is trading today on the NASDAQ Global Market ^®.

Federal Reserve Board Announces The Formation Of The Model Validation Council

Date 20/04/2012

The Federal Reserve Board on Friday announced the formation of the Model Validation Council, which will provide the Federal Reserve with expert and independent advice on its process to rigorously assess the models used in stress tests of banking institutions. In addition, the Federal Reserve announced it will host a two-day symposium to discuss best practices in stress testing.

Decisions Taken By The Governing Council Of The European Central Bank - In Addition To Decisions Setting Interest Rates

Date 20/04/2012

Market Operations

Information requirement to address modifications to asset-backed securities

On 4 April 2012 the Governing Council approved additional information requirements for modifications to asset-backed securities (ABSs). The counterparties, which will be informed by the respective national central banks to which they report, are to inform the Eurosystem: (i) one month beforehand of any planned modification to an ABS that it has submitted as collateral; and (ii) upon submission of an ABS, of any modification made to that ABS in the six months prior to its submission, if the ABS is “own-used”.

SEC Charges Father-And-Son Hedge Fund Managers Who Agree To Pay $4.8 Million To Settle Fraud Case

Date 20/04/2012

The Securities and Exchange Commission today charged a Boston-based father-son duo of hedge fund managers and their firms with securities fraud for misleading investors about their investment strategy and past performance.