News Centre

BNP Paribas Asset Management Appoints Michel Fryszman As Head Of Structured Finance Within Private Debt & Real Assets Investment Group

Date 25/01/2018

BNP Paribas Asset Management (‘BNPP AM’) announces that it has appointed Michel Fryszman as Head of Structured Finance.  He joined on 15 January and is based in Paris.  He reports to Laurent Gueunier, Head of Real Assets, SME Lending & Structured Finance.

Securities Commission Malaysia’s Audit Oversight Board, Malaysian Institute Of Accountants, Association Of Chartered Certified Accountants: Stakeholders Found Value In Enhanced Auditors’ Report - Two Thirds Of Surveyed Respondents Acknowledged The Improvements That The New Standards Bring And That It Is A Key Tool In Navigating Complex Financial Reports

Date 25/01/2018

A joint study on the first-year implementation of the enhanced auditors’ report (EAR) revealed that key users of audit and financial reports found value in the new reporting standards with two thirds of the surveyed respondents acknowledging that it is an improvement compared to the old auditors’ report.

BME: The Pre-Market Environment Welcomes New Participants

Date 25/01/2018

• Novelties to be presented in Madrid during the 3rd Investor's Day, on February 6th
• The addition of two new companies strengthens the Environment, which has now seven companies

FESE Response To ESMA Consultation On RTS 1

Date 25/01/2018

FESE strongly supports ESMA’s proposal to clarify that Systematic Internalisers’ quotes would only reflect prevailing market conditions where the price levels could be traded on a trading venue at the time of publication. We welcome ESMA’s initiative to clarify this issue which we consider to be a necessary development in order to deliver on the objectives of MiFID II/MiFIR and therefore urge ESMA and the Commission to move speedily to adopt this amendment to the Level 2 framework.

UK Financial Conduct Authority Fines Interactive Brokers (UK) Limited £1,049,412 For Poor Market Abuse Controls And Failure To Report Suspicious Client Transactions

Date 25/01/2018

The Financial Conduct Authority (FCA) has today imposed a financial penalty on Interactive Brokers (UK) (IBUK) in the amount of £1,049,412 for failings in its post-trade systems and controls for identifying and reporting suspicious transactions in the period February 2014 to February 2015 (‘the Relevant Period’).

BDO Awards Outstanding Performers In ESG Reporting, Sees ESG Gaining Solid Ground In Core Business Considerations

Date 25/01/2018

BDO Limited (BDO), the world's fifth largest accountancy network, is holding the awards presentation ceremony of the inaugural BDO ESG Awards today to recognise outstanding Hong Kong-listed companies which have made a positive impact in the areas of Environment, Social and Governance (ESG) through excellent performance in ESG reporting and implementing outstanding sustainability initiatives. The Awards aim to encourage companies to be more aware of their social responsibility and to incorporate sustainability best practices into their business and reporting models. 

Hong Kong's Securities And Futures Commission Highlights Compliance Failures In Product Selling Practices

Date 25/01/2018

The Securities and Futures Commission (SFC) today issued a circular to licensed corporations (LCs) on the standards it expects of them when they sell fixed-income and structured products.

Strength Of UK Life Sciences Confirmed At Future Of Healthcare Investor Forum

Date 25/01/2018

• 2.4 billion raised in life sciences IPOs and further offerings in 2017; +20% compared to 2016
• London’s markets supporting life sciences companies throughout their growth journeys; over £2.1 billion raised in follow on capital, a six-fold increase compared with 2016
• UK & international life sciences companies continue to see London as a long-term home; 120 companies currently listed in London
• UK public markets are supporting innovation; two funding vehicles listed in 2017 to invest in healthcare & life sciences sector   

Solactive Launches Sustainability Index Europe - New Index Developed In Conjunction With Deutsche Bank And Arabesque S-Ray®

Date 25/01/2018

Solactive today announced the launch of the Solactive Sustainability Index Europe, which was developed with Deutsche Bank, and is designed to track the performance of environmentally and socially responsible European companies, based on the data-driven platform Arabesque S- Ray®. Arabesque S-Ray® is the first tool of its kind that uses machine-learning and algorithm- based technology to rate companies on the principles of the United Nations Global Compact: Human Rights, Labour Rights, the Environment, and Anti-Corruption (GC Score).

JHC Hires Ex-Dion Head To Bolster Development Delivery

Date 25/01/2018

Wealth management fintech firm JHC Systems (JHC), has hired Ron Tomlinson as Head of Solutions Development. Formerly Global Head of Development of Wealth and Post Trade at Dion, Ron brings unrivalled experience heading up wealth management product development teams. He will report to Chief Financial Officer, Gareth Anderson.