News Centre

Bank Of England, UK Financial Conduct Authority, UK Prudential Regulation Authority And UK Payment Systems Regulator Conduct Review Of Memorandum Of Understanding In Relation To Payment Systems In The UK

Date 20/07/2018

The Bank of England (BoE), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) have a Memorandum of Understanding (MoU) that sets out the high-level framework the Authorities use to cooperate with one another, in relation to payment systems in the UK. The Financial Services (Banking Reform Act) 2013 requires the Authorities to review this MoU annually. The Authorities committed that this review would include feedback from regulated entities, and that a summary of the review’s findings would be published. 2018 saw the third such review.

BME: CASTELLANA PROPERTIES SOCIMI Receives Favourable Report From MAB

Date 20/07/2018

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on CASTELLANA PROPERTIES SOCIMI, stating that it is eligible for admission to the market following a thorough review of all the information presented by the company.

HKFE Announces Revised Margins For Futures Contract

Date 20/07/2018

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 24 July 2018, the margin levels of the following Futures Contract shall be as follows:   

ESMA Launches Dedicated Template For Systematic Internalisers Calculations Ahead Of August 1 Publication

Date 20/07/2018

The European Securities and Markets Authority (ESMA) has today provided access to the template which will be used to publish the first set of figures necessary for investment firms to assess whether they are systematic internalisers in specific financial instruments on August 1.

BME; VERACRUZ PROPERTIES SOCIMI To Start Trading On MAB On 24 July

Date 20/07/2018

The Board of Directors of MAB has approved the listing of VERACRUZ PROPERTIES SOCIMI, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

ESMA Writes To European Commission On Share Cancellation Under MMFR

Date 20/07/2018

The European Securities and Markets Authority (ESMA) has written to the European Commission asking it to provide clarity to market participants and investors on the issue of the compatibility of the reverse distribution mechanism (RDM), or share cancellation, with the Money Market Funds Regulation (MMFR).

Debt Management Office Lists N10.69bn FGN Sovereign Green Bond On Nigerian Stock Exchange

Date 20/07/2018

The Nigerian Stock Exchange (NSE) is pleased to announce the listing of the N10.69billion, 5-year, Federal Government Sovereign Green Bond at coupon rate of 13.48% on the Exchnage by Debt Management Office (DMO) on Friday, July 20, 2018. On the same day, the NSE also held a pre-listing conference for market participants, themed, ‘Exploring the Green Financing Opportunity: Green Bonds and Enabling Frameworks’ to highlight the opportunities available within the Green Bond market in Nigeria.

Moscow Exchange: Risk Parameters Change For The Securities

Date 20/07/2018

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

State Street To Acquire Charles River Development For $2.6 Billion

Date 20/07/2018

• Charles River Development is a Premier Provider of Investment Management Front Office Tools and Solutions
• Acquisition Complements State Street’s Existing Back, Middle and Front Office Capabilities to Enable First-Ever Global Front-to-Back Client Servicing Platform 
• Acquisition Expected to be Accretive in 2020 and Offers Long-Term Revenue Growth and Cost Reduction Opportunities 

FINMA Concludes Final 1MDB Proceedings

Date 20/07/2018