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Date 12/04/2016
European Commission: Remarks By Commissioner Jonathan Hill On Tax Transparency Rules For Multinationals
I’ve just come from College where there was strong support for the proposal we are making today to require all large multi-nationals operating in Europe to publish information on the tax they pay, country-by-country. As you know, it has been a big priority of the Commission to act against tax avoidance by the biggest companies and I think we have made a lot of progress. We've clamped down on state aid in the form of selective tax advantages. We've reached an agreement on the automatic exchange of tax rulings between Member States. And only last month we reached a deal to allow the automatic exchange of tax information received from large multinationals between tax administrations.
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Date 12/04/2016
SIX One-Stop Service Eases Compliance For New PRIIP Investor Protection Rules
SIX Financial Information is developing a new service that makes it easier for financial firms to comply with investor protection rules, which take effect on 1 January 2017. The service allows manufacturers and distributors of Packaged Retail and Insurance-Based Investment Products (PRIIP) to create, maintain, and share documents for retail investors on demand. This innovative service offers the advantage of a one-stop for compliance to financial institutions.
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Date 12/04/2016
Testimony Of CFTC Chairman Timothy G. Massad Before The U.S. Senate Committee On Appropriations, Subcommittee On Financial Services And General Government, Washington, DC
Thank you Chairman Boozman, Ranking Member Coons, and members of the Subcommittee. I am pleased to testify in support of the President’s fiscal year (FY) 2017 budget request for the Commodity Futures Trading Commission (CFTC).
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Date 12/04/2016
World Takaful Conference Forges Vision For Takaful Market In 2020 - Industry Leaders From EY, Dubai Financial Services Authority, Moody's And Others Shape The Debate On Future Of Takaful Industry
The second and final day of the 11th annual World Takaful Conference (WTC) built on yesterday's highly impactful critical discussions on the state and future of the global Takaful industry. Convened by Middle East Global Advisors and in strategic partnership with the Dubai International Financial Centre (DIFC) Authority, WTC is held under the theme “Prudent Practices for Global Growth” and considered to be the world’s most powerful Takaful gathering.
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Date 12/04/2016
Expansion Of FTSE4Good With Launch Of ASEAN 5 Index
- Index consists of companies from five member exchanges, measured against FTSE’s ESG Ratings Model
- Demonstrates FTSE Russell’s support for ESG integration into investments at a global and regional level
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Date 12/04/2016
CME Group Announces Clearing Of First Interest Rate Swaptions Trade
CME Group, the world's leading and most diverse derivatives marketplace, today announced it has cleared its first interest rate swaptions trade yesterday, April 11. CME Groupis the first clearing house to offer swaptions clearing.
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Date 12/04/2016
UAE's Securities And Commodities Authority: At 14th Meeting Of Committee Of Heads Of GCC Financial Market Authorities - Financial Market Authorities Discuss A Strategy And A Package Of Initiatives To Achieve Market Integration - A Proposal To Set Up A Central GCC-Based Agency To Support Joint Action By Regulatory Authorities
Pursuant to the directives of H.E. Sultan bin Saeed Al Mansoori, Minister of Economy and Board Chairman of the Securities and Commodities Authority (SCA), SCA took part in the 14th meeting of the Committee of Heads of the GCC Financial Market Authorities (or their equivalents) held in Riyadh. The SCA delegation was led by H.E. Dr. Obaid Al Zaabi, Acting CEO of SCA. Present at the meeting were heads of the GCC financial market regulatory authorities, as well as H.E. Abdullah bin Juma Al Shibli, the GCC Assistant Secretary General for Economic Affairs.
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Date 12/04/2016
Ipreo-Survey: Institutional Investors And Austrian Stocks In 2015
After a very challenging year for financial markets, international institutional investors remained the largest stakeholders in the ATX prime at year-end 2015, though with some severe shifts occurring during the year.
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Date 12/04/2016
Dubai International Financial Centre Receives Chairman Of Lloyd’s - Visit Reinforces Specialist Insurance Market’s Commitment To Expanding Synergies With MENA Region
His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), today welcomed John Nelson, Chairman of Lloyd’s, the world’s specialist insurance and reinsurance market, during his debut visit to Dubai.
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Date 12/04/2016
Qatar Stock Exchange Concludes A Workshop On Anti-Money Laundering/Combating The Financing Of Terrorism
Qatar Stock Exchange (QSE) today concluded a three-day workshop on anti-money laundering/combating the financing of terrorism that was organized by the Surveillance Department of QSE, in collaboration with Qatar Finance and Business Academy.
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