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  • BETTER FINANCE- The Real Return 2017: A Bleak Outlook For European Pensioners As Inadequate Returns Continue To Harm Long-Term Savers

    Date 09/10/2017

    Today BETTER FINANCE launches the fifth edition of its annual and unique research on the real return of long-term savings (covering 86% of the EU population and a period of 17 years), unfortunately once more drawing attention to the fact that too many pension products are massively underperforming capital markets, and still deliver low or even negative long-term real returns, despite very good returns for both equity and bond markets since 2011. No wonder that pensions and investments remain ranked at the bottom of all consumer products covered by the EU Consumer Scoreboard.

  • Abu Dhabi Global Market Sets Out Guidance On Initial Coin Offerings And Virtual Currencies

    Date 09/10/2017

    The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR).  

  • Millennium Exchange Release 9.2 Oslo Børs – CDS Maintenance

    Date 09/10/2017

    There will be maintenance work in Oslo Børs’ customer test environment (CDS) Thursday 12 October. CDS is expected to be available for testing as usual, but customers may experience minor disturbances.

  • Pendo Systems Pipes Another Financial Services Industry Veteran On-Board

    Date 09/10/2017

    Pendo Systems is delighted to announce the appointment of industry veteran Bill Woodley as a non-executive director. Bill's career in banking spans more than 25 years, where he has held a variety of executive roles within global financial firms across Europe, Asia and the USA. Bill joins recently appointed, Ruth Wandhöfer, Global Head of Regulatory and Market Strategy at Citi on the Pendo Systems Board.

  • The First Convertible Bond To Be Purchased Via Credit Subscription Was Successfully Issued In Shenzhen Stock Exchange

    Date 09/10/2017

    On September 21, 2017, ORIENTAL YUHONG, which is listed on the SME board of the Shenzhen Stock Exchange (“SZSE”), released a prospectus for public offering of Yuhong Convertible Bond, the first bond to be subscribed for based solely on the credit status of subscribers in the Shenzhen and Shanghai markets. On September 29, the company issued a total of 18.4 million Yuhong Bonds raising 1.84 billion yuan.