News Centre

Senior Execs Of Top World Oil Traders Implicated In Bribery Scandal

Date 14/12/2018

Senior executives in two of the world’s largest companies stand accused of involvement in a multi-million dollar bribery scandal to secure lucrative oil deals in Brazil, Global Witness can reveal. 

Moscow Exchange: RUB Penalty Rate Change From December 17, 2018

Date 14/12/2018

Due to decision of CCP NCC starting from December 17, 2018:

• RUB Rollover Rate in FX and Precious Metals Market (SDRUB) will be changed to 15.5%.
• Upper REPO Penalty Rate (HPenRate) on Equity Market will be changed to 15.5%.

UK’s Financial Conduct Authority Introduces New Rules On Handling Complaints About Authorised Push Payment Fraud

Date 14/12/2018

The Financial Conduct Authority (FCA) has today published new rulesallowing victims of Authorised Push Payment (APP) fraud to complain to the payment services provider (PSP) receiving their payment.

European Association Of CCP Clearing Houses (EACH) Statement On Legal Certainty For Clearing Activities In Case Of A 'No Deal' Scenario

Date 14/12/2018

Against the background of a hard Brexit and increasing risks to financial stability, the European Association of CCP Clearing Houses (EACH) welcomes the communication of the European Commission regarding a temporary and conditional regime for equivalence and recognition of UK CCPs in the EU. Such a regime would ensure the continuity of critical clearing services for EU clearing members in case the withdrawal of the UK from the EU occurs without an agreement (i.e. ‘no-deal’). EACH has welcomed similar statements from the Bank of England for the temporary recognition of EU CCPs in the UK.

Remarks By President Donald Tusk After The European Council Meetings On 13 December 2018

Date 14/12/2018

I will start with Brexit. Today Prime Minister May informed the leaders about the difficulties with ratifying the deal in London and asked for further assurances that would, in her view, unlock the ratification process in the House of Commons. After discussing the Prime Minister's intervention among 27 leaders, and bearing in mind our full respect for the parliamentary process in the United Kingdom, we have agreed the following:

"1. The European Council reconfirms its conclusions of 25 November 2018, in which it endorsed the Withdrawal Agreement and approved the Political Declaration. The Union stands by this agreement and intends to proceed with its ratification. It is not open for renegotiation."

UK Financial Conduct Authority And UK Payment Systems Regulator Boards Appoint New Members To Decision-Making Committees

Date 14/12/2018

The Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) Boards have appointed new members to three decision-making committees: the FCA’s Competition Decisions Committee (CDC) and the PSR’s Competition Decisions Committee and Enforcement Decisions Committee (EDC).

ESMA Registers DBRS Ratings GmbH As Credit Rating Agency

Date 14/12/2018

The European Securities and Markets Authority (ESMA), the EU’s direct supervisor of credit rating agencies (CRAs), has registered today DBRS Ratings GmbH (DBRS RG) as a CRA under the CRA Regulation. The registration takes effect from 14 December 2018.

UK’s Financial Conduct Authority Bans Angela Burns From Acting As A Non-Executive Director And Fines Her For Her Failure To Declare Conflicts Of Interest

Date 14/12/2018

The Financial Conduct Authority (FCA) has banned Angela Burns from acting as a non-executive director (NED) and fined her £20,000 for failing to act with integrity at two mutual societies.

Press conference - Preliminary Remarks By Donald Tusk, President Of The European Council - Brexit

Date 14/12/2018

Preliminary remarks by Donald Tusk, President of the European Council, following the European Council, on 13 December 2018, in Brussels.

Securities Commission Malaysia (SC) Introduces Enhanced Disclosure Requirements For Abridged Prospectuses And Circulars

Date 14/12/2018

The Securities Commission Malaysia (SC) today released the revised Prospectus Guidelines and Equity Guidelines to enhance the disclosure requirements of abridged prospectuses and for circulars related to proposals that would result in a significant change in the business direction or policy of a listed corporation, including back-door listings and reverse take-overs.