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Dubai Financial Market Closed On New Year's Day

Date 22/12/2016

On the occasion of New Year 2017, the market will be closed on Sunday, 01 January 2017 and will resume on Monday, 02 January 2017.
Tokyo Commodity Exchange 2016 Year-End / 2017 New Year Trading Schedule

Date 22/12/2016

Friday, December 30: Last Trading Day of the year
— Day session (8:45-15:15JST) and night session (16:30-5:30JST) are held.
Shenzhen Stock Exchange Market Bulletin 19 December, 2016, Issue 43

Date 22/12/2016

China will push forward fiscal, taxation and financial reform in a steady and proper manner, said a statement released December 16 after the Central Economic Work Conference. According to the statement, Revenue will be distributed between central and local governments in accordance with the clarified division of administrative responsibilities, and the formulation of the system will be quickened. China will reform its financial supervision and regulation mechanism in an active, steady and proper way and work to establish a multi-layer capital market.
Sanepar Celebrates The Start Of Trading Of Its Shares At BM&FBOVESPA’s Nível 2

Date 22/12/2016

On Wednesday (Dec. 21), BM&FBOVESPA received Companhia de Saneamento do Paraná – Sanepar at a ceremony to celebrate the start of trading of the company’s shares at the Nível 2 listing segment for companies committed to the Exchange’s highest corporate governance standards.
Gertjan Kampman Appointed As New CEO Of Graydon - Senior Management Member Of Atradius Will Strengthen The Commercial Ties Between Both Companies.

Date 21/12/2016

Graydon has announced the appointment of Gertjan Kampman today as its new CEO as of the 1st of January 2017. Kampman is a senior management member of Atradius, which acquired all shares in Graydon on the 15th of September. He will take over the role of Marcel van Es, who has been responsible for Graydon since the 1st of May 2012. Van Es initiated an important part of the complete transition Graydon is going through. With the arrival of Kampman, a closer commercial collaboration will be developed between both companies.

SEC Issues Annual Staff Reports On Credit Rating Agencies

Date 21/12/2016

The Securities and Exchange Commission today issued two annual staff reports that demonstrate compliance and competition continue to increase among the credit rating agencies under SEC oversight as nationally recognized statistical rating organizations (NRSROs).
ESMA Chooses iXBRL As Single Electronic Format

Date 21/12/2016

Earlier today, the European Securities and Markets Authority (ESMA) announced that starting in 2020, all publicly listed companies in the EU that report consolidated IFRS financial statements must provide them in Inline XBRL. The decision was made primarily because the use of Inline XBRL enables a single document to be both machine-readable and human-readable.
ISDA Americas Credit Derivatives Determinations Committee: iHeart Communications, Inc. Failure To Pay Credit Event

Date 21/12/2016

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its Americas Credit Derivatives Determinations Committee resolved that a failure to pay credit event occurred in respect of iHeart Communications, Inc.
CalPERS To Lower Discount Rate To Seven Percent Over The Next Three Years

Date 21/12/2016

The California Public Employees' Retirement System (CalPERS) Board of Administration today voted to lower the discount rate from 7.5 percent to 7.0 percent over the next three years. This incremental lowering of the discount rate will give employers more time to prepare for the changes in contribution costs.
Federal Reserve Board Assesses $27 Million Civil Money Penalty Against Banco Bilbao Vizcaya Argentaria, S.A., (BBVA) And Its Subsidiary, BBVA Securities, Inc.

Date 21/12/2016

The Federal Reserve Board on Wednesday assessed a civil money penalty of $27 million against Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, Spain (BBVA), and its subsidiary, BBVA Securities, Inc., New York, New York (BSI), for exceeding limits on BSI's securities underwriting and dealing activities previously imposed by the Board.