News Centre

Federal Open Market Committee Announces Its Tentative Meeting Schedule For 2018

Date 11/05/2017

The Federal Open Market Committee on Thursday announced its tentative meeting schedule for 2018:

Competition And Innovation In Financial Services: The Regulator’s Perspective - Speech By Christopher Woolard, Executive Director Of Strategy And Competition At The FCA, Delivered At Cheung Kong Graduate School Of Business

Date 11/05/2017

Highlights:

• Competition is central to the effective running of financial markets. It drives innovations that consumers want and ensures value for money.  
• The FCA intervenes where competition can’t perform its vital function and there’s a risk of consumer harm.
• The FCA’s Project Innovate positively fosters innovation that focuses on offering better outcomes for consumers.

London Stock Exchange: Indian Minister Of Road Transport & Highways And Shipping Launches NHAI Masala Bond In London

Date 11/05/2017

• National Highways Authority of India (NHAI) chooses London for first global offshore Masala bond, raising INR 30 billion (USD 467 million equivalent)
• Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari is hosted at London Stock Exchange
• Confirms London Stock Exchange’s position as leading international listing venue for Indian finance

Irish Stock Exchange: Subsidiary Of Turkey’s Aktif Bank Becomes GEM’s First Sukuk Listing

Date 11/05/2017

Aktif Bank Sukuk Varlık Kiralama A.Ş., has listed US$118m asset-backed trust certificates on the Global Exchange Market (GEM) of the Irish Stock Exchange (ISE).

TMX Group Announces Election Of Directors

Date 11/05/2017

TMX Group today announced that the nominees listed in the management proxy circular for the 2017 Annual and Special Meeting of Shareholders were elected as directors of TMX Group Limited. Detailed results of the vote for the election of directors held at the Annual and Special Meeting on Wednesday, May 10, 2017 in Toronto are set out below.

London Stock Exchange Group Plc Transaction In Own Shares

Date 11/05/2017

London Stock Exchange Group plc (the "Company") announces that it has purchased through Barclays Capital Securities Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 26 April 2017, the following number of its ordinary shares of 6 79/86 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 29 March 2017:

Cerulli Study Says Financial Advisors Who Currently Use Options Expect To Increase Use Of Options By 30 Percent In Three Years

Date 11/05/2017

The Options Industry Council (OIC), an industry resource funded by OCC and the U.S. options exchanges, today announced the results of a study, How Financial Advisors Use and Think About Exchange-Listed Options, which found that approximately one-third of financial advisors currently use options in 20 percent of client portfolios, and that usage is expected to increase by 30 percent in the next three years. The goal of the study, conducted by Cerulli Associates, a global research and consulting firm specializing in asset management and distribution trends worldwide, is to identify target audiences and educational strategies for the OIC that may lead to increased adoption of exchange-listed options strategies among financial advisors.

ACER And CEER Call For Priority Dispatch Of Existing Renewables To Be Removed

Date 11/05/2017

Today Energy Regulators (ACER and CEER), in their White Paper on Renewables in the Wholesale Market, called for EU legislators to bring Renewable Energy Sources (RES) fully into the market in the clean energy transition.

SEC Charges CEO With Failing To Disclose Perks To Shareholders

Date 11/05/2017

Public companies must properly disclose perks, benefits, and other forms of compensation paid to CEOs and certain other highly compensated executive officers.  The Securities and Exchange Commission today announced that the former CEO of a marketing company has agreed to pay $5.5 million to settle charges that his perks were not properly disclosed to shareholders.

EBA Publishes Final Guidelines To Assess ICT Risk

Date 11/05/2017

The European Banking Authority (EBA) published today its final Guidelines on the assessment of the Information and Communication Technology (ICT) risk in the context of the Supervisory Review and Evaluation Process (SREP). These Guidelines are addressed to competent authorities and aim at promoting common procedures and methodologies for the assessment of ICT risk.