News Centre

European Council, Council Of The European Union: Anti-Money Laundering: Council Agrees Position On Reinforced Supervision For Banks

Date 19/12/2018

The EU is stepping up the fight against illegal cash by enhancing monitoring of money laundering and terrorist financing threats at EU level.

ESMA Tells Firms To Provide Clients With Information On The Implications Of Brexit

Date 19/12/2018

The European Securities and Markets Authority (ESMA) has issued today a statement to remind firms, providing investment services, of their obligations to provide clients with information on the implications of the United Kingdom’s (UK) withdrawal from the European Union (EU) on their relationship with clients and on the impact of Brexit-related measures that a firm has taken or intends to take.

LSEG Technology Successfully Implements Settlement And Depository Solution For Singapore Exchange (SGX)

Date 19/12/2018

• LSEG Technology providing next generation post-trade environment for market infrastructures
• Millennium PostTrade’s settlement and depository services build on centralised post-trade clearing solution already provided to SGX
• Successful implementation marks first full end-to-end post-trade transformation within a tier 1 market in recent years
• LSEG Technology delivers innovative technology solutions to over 40 capital markets organisations globally, including HKEX, JSE and LSEG

Euronext Welcomes Lleida.net, Its First Dual Listing By A Spanish Tech Company, To Euronext Growth

Date 19/12/2018

Euronext today welcomed Lleida.net, an electronic communications provider, to Euronext Growth. Lleida.net is the first Spanish company with a dual listing on Euronext and on the Spanish market. Today’s listing results from Euronext’s Tech SME initiative launched in September 2017 with the aim of attracting European technology companies to its pan-European markets. Lleida.net is the third listing from a Spanish company this year and the sixth resulting from this initiative.

Brexit: European Commission Implements “No-Deal” Contingency Action Plan In Specific Sectors

Date 19/12/2018

Opening Up And Speaking Out: Diversity In Financial Services And The Challenge To Be Met, Speech By Christopher Woolard, Executive Director Of Strategy And Competition At The FCA, Delivered At Ropemaker Place, London

Date 19/12/2018

Highlights:

• The debate has moved well beyond diversity as a ‘nice to have’ – it is now increasingly recognised as a commercial imperative for firms.
• But while things are moving in the right direction, progress has been slow – our stats show the percentage of women at the senior management level below the Board has increased only 1.5% over the last 10 years.
• How a firm approaches diversity and inclusion tells us a lot about its culture. And the way firms handle non-financial misconduct, including allegations of sexual misconduct, is potentially relevant to our assessment of that firm, in the same way that their handling of insider dealing, market manipulation or any other misconduct is.
• In fact, over the last 12 months, we have seen a noticeable upturn in reports which concern issues like discrimination and sexual harassment in financial services. Our message to firms is clear: non-financial misconduct is misconduct, plain and simple.

Datuk Muhamad Umar Swift Appointed As Chief Executive Officer Of Bursa Malaysia

Date 19/12/2018

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today announced that its Board of Directors has named Datuk Muhamad Umar Swift to succeed Datuk Seri Tajuddin Atan as the new Chief Executive Officer (“CEO”), effective 11 February 2019. This decision by the Board of Directors was made following its implementation of a robust leadership succession plan, to ensure that the Exchange is best positioned to deliver on its value proposition to all stakeholders. The Securities Commission of Malaysia has also given its concurrence for the appointment of the new CEO in accordance with Section 10 of the Capital Markets and Services Act 2007.

ESMA Consults On Measures To Promote Sustainability In EU Capital Markets

Date 19/12/2018

The European Securities and Markets Authority (ESMA) has today launched three public consultations on sustainable finance initiatives to support the European Commission’s (EC) Sustainability Action Plan in the areas of securities trading,investment funds and credit rating agencies (CRAs).

Nigerian Stock Exchange Announces Its Sustainability Disclosure Guidelines (SDG)

Date 19/12/2018

• Reporting becomes effective January 1, 2019
• Joins 39 SSEI members with ESG reporting Guidance

Moscow Exchange: FX Trading Schedule For 21-29 December 2018

Date 19/12/2018

On 21 December 2018, deliverable swap contractsEUR_TOM1W, CNY_TOM1W, KZT_TOM1W and USD_TOM1W will not be traded, as 1-8 January 2019 are non-settlement days on the FX and Precious Metals Markets for instruments where the underlying asset is EUR, CNY, KZT or USD.