News Centre

BME: MARF Admits To Trading A New Bond Issue Programme By AUDAX

Date 31/05/2017

Audax Energía launches a new Bond Issue Programme in MARF for a maximum amount of €100 million, which will allow it to continue raising funds through medium and long term securities issues. Following the €50 million Commercial Paper Programme registered in January this year, the company continues to rely on the securities markets to diversify its sources of financing.

Egypt Raises $7bn In London In First Half Of 2017

Date 31/05/2017

• Egypt successfully taps its landmark London-listed $4bn multi-tranche bond for an additional $3bn
• New notes start trading today on London Stock Exchange
• Issue is more than three times oversubscribed, reaching over $11bn, demonstrating confidence in Egypt’s economy
• HE Mr Amr El-Garhy, Minister of Finance, Egypt attended London Stock Exchange ceremony
• Reinforces London’s status as leading global financial centre and premier partner for international investors and issuers

Red Lyra Is Born, A Multisector Spanish Blockchain Network And A Global Reference

Date 31/05/2017

• Among other things, the network will make it possible to launch a secure and regulated digital identification system for any individual or company.
• Lyra is the first network of its kind in the world, as no multisector network exists with a shared digital workspace.
• Founding members: Banco Sabadell, Banco Santander, Bankia, BBVA, BME, Caja Rural, Cajamar, Cepsa, Correos, Ejaso, Endesa, Everis, Garrigues, Gas Natural Fenosa, Grant Thornton, Iberdrola, Icade, MásMóvil, Momopocket, Notarnet, Roca Junyent and Scytl. The network has been presented today at the University Pontificia Comillas, with the support of the Comillas-Everis Fintech Observatory.

EBA: Consultation On Draft RTS On The Implementation Of Group Wide AML-CFT Policies In Third Countries

Date 31/05/2017

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation on draft Regulatory Technical Standards (RTS) specifying how credit and financial institutions should manage money laundering and terrorist financing (ML/TF) risks where a third country’s law prevents the implementation in their branches or majority-owned subsidiaries of group-wide policies and procedures on anti-money laundering and countering the financing of terrorism (AML/CFT).‎ These RTS are part of the ESAs' wider work on fostering a common approach to AML/CFT and will contribute to creating a level playing field across the Union’s financial sector. The consultation runs until 11 July 2017.

Europex Response To European Commission Consultation On VAT Fraud

Date 31/05/2017

VAT fraud – A persisting threat to gas, electricity and emissions trading. Need for a prolongation of existing derogation and an extension to all Member States.

BME: The Companies Listed On MAB Market Show Higher Levels Of Revenue, EBITDA And Employment - Overview Of Activity On MAB In 2016

Date 31/05/2017

• The revenue posted by  these companies grew 44% last year, their EBITDA did so by 85.3% and their staff increased by 11%
• In 2016, the MAB's Growth Companies raised 220 million euros in market financing

ESAs Consult On Technical Standards To Strengthen Group-Wide Money Laundering And Terrorist Financing Risk Management

Date 31/05/2017

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation on draft Regulatory Technical Standards (RTS) specifying how credit and financial institutions should manage money laundering and terrorist financing (ML/TF) risks where a third country's law prevents the implementation in their branches or majority-owned subsidiaries of group-wide policies and procedures on anti-money laundering and countering the financing of terrorism (AML/CFT).‎ These RTS are part of the ESAs' wider work on fostering a common approach to AML/CFT and will contribute to creating a level playing field across the Union's financial sector. The consultation runs until 11 July 2017.

Correction: May MNI Chicago Business Barometer At 59.4 Vs 58.3 In April - Highest Level Since November 2014

Date 31/05/2017

The MNI Chicago Business Barometer decreased to 55.2in May from 58.3 in April, the lowest level since January.

EBA Publishes Opinion On EU Commission Consultation On The Operation Of The ESAs

Date 31/05/2017

The European Banking Authority (EBA) published today an Opinion in response to the European Commission's public consultation on the operation of the European Supervisory Authorities (ESAs). The Opinion welcomes the public consultation which acknowledges the results the EBA has obtained since its establishment in 2011. It also points to a possible way forward to confirm its role as guardian of the Single Rulebook and to increase its effectiveness in ensuring  supervisory convergence across the EU. Finally, it suggests how the EBA's role with regards to supervisory reporting could be strengthened and improved.

Second Dubai Mercantile Exchange Basrah Light Crude Oil Auction Awarded At Official Selling Price +37 Cents

Date 31/05/2017

The Dubai Mercantile Exchange hosted the second Basrah Light crude oil auction on Wednesday. Almost 50 bids were received from 15 participating companies and the 2 million barrel cargo was awarded at a premium of 37 cents to the July Basrah Light Official Selling Price (OSP), which will be published by Iraq state-oil company SOMO in the second week of June.