News Centre

Abu Dhabi Global Market And Australian Prudential Regulation Authority Agree On Bilateral Cooperation

Date 15/02/2017

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Australian Prudential Regulation Authority (APRA), the National prudential regulator of Australia, signed a Memorandum of Understanding (MoU) to enable further collaboration on joint initiatives and bolster the growth of the financial markets in Abu Dhabi and Australia. This agreement was signed by Mr. Wayne Byres, Chairman of APRA and Mr. Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) of ADGM.

Jonestrading Names Industry Expert David Walrod Head Of Financial Services Research

Date 15/02/2017

JonesTrading Institutional Services announced today that David Walrod has joined the firm in New York as a Managing Director. Mr. Walrod will focus his research on Financial Services, beginning with mortgage REIT’s, and expanding over time. JonesTrading research provides portfolio managers and traders with market color and information that aid in developing investment strategies.

Abu Dhabi Global Market And Central Bank Of Bahrain Form Partnership To Enhance Cross-Border Cooperation

Date 15/02/2017

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and the Central Bank of Bahrain (CBB) signed a Memorandum of Understanding in December 2016 to strengthen regulatory cooperation for the supervision of financial institutions, to facilitate joint collaboration and exchange of information as well as support cross border activities. The MoU was signed by H.E. Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain and Richard Teng, Chief Executive Officer of ADGM Financial Services Regulatory Authority (FSRA).

TIGF To Extend Schedule Of Balancing Operations On PEGAS As Of 15 February

Date 15/02/2017

Powernext has announced that TIGF, the French natural gas system and storage operator, will extend the operating schedule of market-based balancing operations on the Trading Region South hub via the PEGAS platform as of 15 February 2017. TIGF’s interventions on PEGAS previously took place on weekdays only.

Oslo Børs: Company Disclosures In New Categories

Date 15/02/2017

As of today, there are new categories on the Oslo Børs website for company announcements, www.newsweb.no.

Vienna Stock Exchange On IWI Study: Listed Companies Need Political Restart

Date 15/02/2017

• IWI study backs Vienna Stock Exchange's demands
• Listed companies have strong leverage effect for national economy
• Market capitalization on Vienna SE close to EUR 100 billion for first time since 2007

Deutsche Börse: BNP Paribas Easy Launches Six New Smart Beta ETFs On Xetra - ETFs Offer Access To Risk Factor Strategies With A Focus On US And European Companies

Date 15/02/2017

Six new equity index funds issued by BNP Paribas Easy SICAV have been tradable via Xetra since Tuesday.

BME: MARF Registers A €25 Million Comercial Paper Programme By Teknia - Fifteenth Commercial Paper Programme In The Market

Date 15/02/2017

The Mercado Alternativo de Renta Fija (MARF) has registered a Commercial Paper Programme by Teknia Manufacturing Group with a maximum amount of €25 million, which will allow the company to tap the market again while at the same time exploring a new way of pushing forward with its process of growth and diversification of its short-term funding sources, following the €40 million Medium Term Notes Programme listed in MARF last June.

Saudi Arabia's Capital Market Authority: The Issuance Of CMA Board Resolution Approving The Corporate Governance Regulations

Date 15/02/2017

As part of the CMA efforts to develop the  capital market in Saudi Arabia as well as regulate and monitor the businesses and activities of entities subject to its supervision through issuing implementing regulations and rules governing the capital market in Saudi Arabia, and pursuant to the Capital Market Law issued by Royal Decree (M/30) dated 2/06/1424H., and based on the Companies Law issued by Royal Decree (M/3) dated 28/1/1437H., the CMA board has issued its Resolution stating the following:

Bank Of England Statement On The Next Steps Following The Discovery Of Traces Of Animal-Derived Products In £5 Polymer Banknotes

Date 15/02/2017

• The Bank recognises the concerns raised about the discovery of traces of tallow used in the production of its £5 polymer notes. Following detailed analysis and further work we are now able to provide an update to the public.
• As stated on 30 November 2016, the Bank was not aware of the presence of animal-derived products when it signed the contract with its supplier for the £5 and £10 banknote polymer.  When the Bank discovered the presence of these products, its first step was to alert the public and subsequently has been treating the concerns raised by members of the public with the utmost seriousness.  It has spoken to a number of groups to understand their concerns more fully.
• An extremely small amount of tallow is used in an early stage of the production process of polymer pellets, which are then used to create the base substrate for the £5 note. The Bank is continuing to work closely with banknote polymer suppliers to determine what alternatives might be available.
• Weighing the considerations below, the Bank has now concluded that it would be appropriate to keep the £5 polymer note in circulation and to issue the £10 polymer note as planned, in September. In reaching its decision, the Bank has given careful consideration to the possible alternative options for the current £5 note and the Jane Austen £10 polymer note.  In doing so, the Bank has considered: its responsibility to issue and maintain the supply of high quality and secure banknotes, its obligations under the Equality Act 2010, the concerns raised about the use of animal-derived products, the impact of any changes on firms that process and handle cash, the potential impact on our suppliers, and value for money for the taxpayer.
• Further information on the current status and plans for the Bank’s assessment is presented in the accompanying paper.