News Centre

Alberta Securities Commission To Adopt Disclosure Requirements Regarding The Representation Of Women On Boards And In Senior Management

Date 15/12/2016

The Alberta Securities Commission (ASC) announced today that it will adopt amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices (NI 58-101) and Form 58-101F1 Corporate Governance Disclosure.

New York State Department Of Financial Services Fines Intesa Sanpaolo $235 Million For Repeated Violations Of Anti-Money Laundering Laws - Misconduct Included Processing Numerous Suspicious Transactions Involving Shell Companies Through The New York Branch And Deliberately Concealing Information From Bank Regulators - Intesa Compliance Officer Said That Transactions Were Being Cleared In A Manner Outside Of The Bank’s Procedures Because It Allegedly Was More Efficient And That A Risk-Based Policy Meant That “If You Miss One, You Miss One” - DFS Directs Bank To Strengthen Compliance Procedures At New York Branch, Extend Engagement Of Independent Consultant And Submit Revised Compliance Plans

Date 15/12/2016

Financial Services Superintendent Maria T. Vullo today announced that Intesa Sanpaolo S.p.A. and its New York branch bank will pay a $235 million fine and extend the term of engagement with its current independent consultant as part of a consent order entered into with the New York State Department of Financial Services (DFS) for significant violations of New York anti-money laundering and Bank Secrecy Act (AML/BSA) laws. The violations announced today include severe compliance failures over several years stemming from deficiencies in the implementation and oversight of its transaction monitoring system. In addition, an investigation by DFS found that the Bank deliberately concealed information from bank examiners. Since being confirmed in June, Superintendent Vullo has led DFS enforcement actions for violations of AML laws, against Mega Bank of Taiwan, which was fined $185 million for violating AML laws and Agricultural Bank of China, which was fined $215 million, and has finalized a new AML regulation effective January 1, 2017.

FINRA Enforcement Chief Brad Bennett Announces Departure

Date 15/12/2016

The Financial Industry Regulatory Authority (FINRA) announced today that J. Bradley (Brad) Bennett will leave FINRA early next year. Bennett has served as FINRA’s Chief of Enforcement for nearly six years, overseeing 300 enforcement staff in 14 district offices across the United States responsible for investigating potential violations of FINRA rules and securities laws. Susan Schroeder, Deputy Head of Enforcement, has been named the Acting Head of Enforcement. FINRA will undertake a search for a replacement head of Enforcement that will consider both internal and external candidates. 

Federal Reserve Board Encourages Consumers To Closely Monitor Their Financial Accounts For Unauthorized Activity And Know Where To Find Help If They Spot Unauthorized Activity

Date 15/12/2016

The Federal Reserve Board encourages consumers to closely monitor their financial accounts for unauthorized activity and know where to find help if they spot unauthorized activity.

Montréal Exchange Sets New Record, Surpasses One Million Contracts In Open Interest On BAX

Date 15/12/2016

TMX Group today announced that Montréal Exchange (MX) achieved a new open interest record on the Three-Month Canadian Bankers' Acceptance Futures (BAX)*, reaching 1,003,916 contracts on December 13, 2016 and surpassing 1 million contracts for the first time ever.

*1 BAX contract = C$ 1 000,000 dollars.

Bahamas International Securities Exchange Q3 2016 Quarterly Statistical Report

Date 15/12/2016

Euronext Closes Acquisition Of A 20% Stake In EuroCCP

Date 15/12/2016

Euronext today announced it has completed the acquisition of a 20% equity stake in EuroCCP, for an amount of €13.4m, after having received regulatory approvals. This follows the announcement of August 17th on the signing of a definitive agreement with the existing shareholders of EuroCCP.

BME: Inmofam 99 Socimi To Start Trading On MAB On 21 December - The 27th REIT To List On MAB

Date 15/12/2016

The Coordination and Admissions Committee of the MAB has submitted to the Board of Directors a favourable report on INMOFAM 99 SOCIMI,stating that the company is eligible for admission to the market, following a review of all the information presented by the company.

CEESEG Increases Stake In Prague Stock Exchange To 99.4%

Date 15/12/2016

The holding company CEESEG Aktiengesellschaft (CEESEG) announced the acquisition of a 6.560% stake in the Prague Stock Exchange (PSE) from MONETA Money Bank, a.s. thereby increasing CEESEG’s total stake in PSE to 99.355%. Moneta Money Bank, a.s. is publicly listed at the Prague Stock Exchange. The transaction was completed yesterday evening, 14 December 2016. The price of the transaction amounts to CZK 135 million.

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 15/12/2016

The following coefficients for Moscow Exchange indices come into force from December 16, 2016: