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  • EEX: New Monthly Record Achieved In Butter Futures

    Date 05/04/2017

    In March 2017, the volume traded in EEX Butter Futures reached a new record. During the month a volume of 6,759 tonnes of goods equivalent were traded (equals 1,359 contracts). Thus the volume more than doubled year-on-year (March 2016: 3,020 tonnes, equals 604 contracts).

  • Federal Reserve Governor Jerome H. Powell At "Expanding The Impact: Increasing Capacity And Influence," The 2017 Interagency Minority Depository Institution And Community Development Financial Institution Bank National Conference, Los Angeles, California

    Date 05/04/2017

    Thank you, Donna. Good morning and welcome to the Federal Reserve. We are honored to have you here today as we host the biennial Interagency Minority Depository Institution (MDI) and Community Development Financial Institution Bank Conference. My colleagues from the Federal Reserve Bank of San Francisco and I are especially honored to be hosting you in Los Angeles. As you probably know, all of the previous Interagency MDI conferences have been held on the East Coast, mainly in Washington, D.C. However, because the largest concentration of minority banks is located here in Southern California, it seemed natural to bring this conference west.

  • The Saudi Arabia Capital Market Authority Publishes FAQ’s On The Website Related To Capital Market Law, Companies Law & Their Implementing Regulations

    Date 05/04/2017

    Proceeding from the Capital Market Authority's (CMA) program to achieve the Saudi Vision 2030, and in continuation of the CMA's role in regulating and developing the Exchange and maintaining its stability, the CMA published a number of Frequently Asked Questions (FAQ’s) related to the Capital Market Law, Companies Law and their implementing regulations FAQ's on the Authority's website. This also comes in line with the National Transformation Program (NTP).

  • UK Prime Minister Visits The Saudi Stock Exchange (Tadawul)

    Date 05/04/2017

    During her visit to Saudi Arabia, Prime Minister Theresa May visited the Saudi Stock Exchange “Tadawul”, accompanied by His Excellency Minister of Commerce and Investment Dr. Majed Al Qasabi. The visit comes within the framework of deepening economic relations among the UK and Saudi Arabia.  
    HRH Prince Mohammed Bin Nawaf Al Saud the Saudi Ambassador in the UK, along with His Excellency Minister of Finance Mr. Mohammed Al-Jadaan were also present.

  • EBA: Consultation On Guidelines To Prevent Transfers Of Funds Can Be Abused For ML And TF

    Date 05/04/2017

    The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation on draft Guidelines that set out what payment service providers should do to detect and prevent the abuse of funds transfers for terrorist financing and money laundering purposes. These Guidelines are part of the ESAs’ wider work on fostering a common approach to Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) and promote a common understanding of payment service providers’ obligations in this area. This is essential to ensure the consistent application of AML/CFT law, which not only strengthens the European Union’s AML/CFT regime but is also a prerequisite for the smooth and efficient functioning of payment systems. The consultation runs until 5 June 2017. 

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