News Centre

SIFMA Statement On The EU-US Joint Financial Regulatory Forum Announcement

Date 19/07/2016

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO on the announcement made by the EU-US Joint Financial Regulatory Forum (“the Forum”) Agreement:     

“SIFMA welcomes this initiative as we believe more needs to be done to enhance coordination, facilitate cross border investment and strengthen economic growth. Our members stand ready to engage constructively with the new process. We also note that the European Commission believes that this initiative is without prejudice to the Transatlantic Trade and Investment Partnership (TTIP). SIFMA continues to believe the TTIP represents the best opportunity to host these dialogues on a regularly scheduled basis, to address regulatory issues and divergences early, while also bringing the needed transparency and accountability that other mechanisms lack”.  

ESMA Publishes Updated UCITS Q&A

Date 19/07/2016

The European Securities and Markets Authority (ESMA) has published an updated questions and answers document (Q&A) on the application of the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS).

BME: Clever Global Receives favourable Report From MAB

Date 19/07/2016

• A provider of services linked to the management of elements involved in the production process

Bats ETF Marketplace Welcomes U.S. Stock Market’s First 3-D Printing ETF, An ARK Investment Product - Ark Becomes 13th Issuer To List On Bats

Date 19/07/2016

Bats Global Markets, Inc. (Bats: BATS), the #1 U.S. market for exchange-traded fund (ETF) trading, today welcomed ARK Investment Management and The 3D Printing ETF (Bats: PRNT) to the Bats ETF Marketplace.

Bursa Malaysia Seeks Public Feedback On Proposals To Enhance Collective Investment Scheme Framework

Date 19/07/2016

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today published a consultation paper seeking public feedback on the proposals to enhance the attractiveness and competitiveness of Bursa Malaysia as a  destination for capital raising and investment in relation to Collective Investment Schemes (“CIS”).

Trinidad and Tobago IFC – Handling Negative Publicity

Date 19/07/2016

What should a financial centre in danger of being perceived as a ‘tax haven’ do to manage the outpouring of potentially damaging headlines? The Global Financial Centres Index (GFCI) indicates that the ratings of these centres tend to rely largely on the perceptions of people involved in financial services. These perceptions are affected by press coverage and the work of the Organization for Economic Co-operation and Development (OECD) and other international bodies.

EGX Chairman Participates In UNCTAD Meetings In Nairobi

Date 19/07/2016

Dr. Mohammad Omran, The Egyptian Exchange (EGX) Chairman participates in the 14th session of the Global Forum on Trade and Development "UNCTAD" in Nairobi during the period from 19 to 22 July, which is an important economic event witnessing the presence of representatives of 194 countries to discuss the most prominent economic issues and challenges facing the global economy newly including the decline in goods and services’ prices worldwide, globalization, the forms of economic partnership and sustainable development. The conference will be organized in presence of the United Nations’ secretary general, "Ban Ki-Moon" with the participation of 80 ministers and a selected number of organizations and institutions’ senior representatives expected to review the homogeneity of their countries’ domestic policies, the existing and future international initiatives with the sustainable development objectives. With this important context comes Dr. Omran’s word in the panel discussion organized by the United Nations initiative for sustainable securities markets about "the Green Finance importance and stock markets’ role to support it, thus contributing to achieve the sustainable development goals".

Saudi Arabia’s Capital Market Authority Announcement On The Approval Of The Special Procedure Regarding The Formation Of Interim Committees As Per Article 69 Of Company's Law

Date 19/07/2016

As part of the Capital Market Authority’s continuous efforts to regulate the capital market and protect investors, and based on the authority granted to the Capital Market Authority in Article (69) of the Company’s Law issued by the Royal Decree (M/3) and dated 28/1/1437H; a CMA board resolution was issued to approve the special procedures regarding the formation of  an Interim Committee as per article 69 of Company's Law.

Opening Remarks Before The SEC Advisory Committee On Small And Emerging Companies - Chair Mary Jo White

Date 19/07/2016

Thank you, Steve and Sara, and welcome back, everyone.  These dog days of summer often motivate people to get out of Washington D.C., so we appreciate that you are here today.  I will make just a few short comments on each of your agenda items and a word on what has happened so far in the crowdfunding space.

A Complete Leadership Vacuum In UK Financial Services Post-Brexit Leaves - Other EU Financial Centres Salivating As The Industry’s 1 Million Jobs Are Threatened, Says CISI

Date 19/07/2016

The UK financial services sector has been lacking a loud, visible champion communicator post-Brexit which is affecting UK sector competitiveness and threatening jobs, says the Chartered Institute for Securities & Investment (CISI).