News Centre

FINRA Decision Bars James Van Doren For Unethical Conduct; Registered Representative Engaged In Money Laundering And Assisted Friend In Deceiving Creditors

Date 25/04/2016

The Financial Industry Regulatory Authority (FINRA) announced today a decision barring James Van Doren from the securities industry for unethical conduct involving money laundering and a scheme to deceive a friend's creditors and facilitate violations of law, including conspiracy to commit bankruptcy fraud. The ruling resolves charges brought by FINRA's Department of Enforcement in October 2014 and in its amended complaint.

New Data On OTC Equity Trading Now Available, FINRA Announces - Additional Transparency Covers About 20% Of All Trading In National Market System Equities

Date 25/04/2016

The Financial Industry Regulatory Authority (FINRA) today announced that expanded data on over-the-counter (OTC) trading in equity securities is now live, extending FINRA's trading-volume transparency to all of the OTC market.

European Commission - Capital Markets Union: Taking Stock Of The Progress Made So Far, Brussels, 25 April 2016

Date 25/04/2016

The Commission is today taking stock of the progress made in the first six months since the adoption of the Capital Markets Union Action Plan and it is publishing the first CMU status report.

Distributed Ledger Technology – Panacea Or Flash In The Pan?, Speech By Yves Mersch, Member Of The Executive Board Of The ECB, At Deutsche Bank Transaction Bankers' Forum 2016, Frankfurt am Main, 25 April 2016

Date 25/04/2016

Is distributed ledger technology (DLT) a hype in need of demystifying? Is it a panacea that can heal the ailments of the financial industry, or it is a flash in the pan that will be forgotten in a few years? In my view, as it is often the case, the truth may lie somewhere in the middle.

Mandatory Notification Of Trades - Oslo Børs VPS Holding ASA

Date 25/04/2016

In connection with a monthly share savings plan for employees of subsidiaries, Oslo Børs VPS Holding has sold a total of 2018 shares. New holding is 2280 shares. Employees paid a share price of NOK 86,98 per share, but were allowed a discount of 20% on purchases up to NOK 625.

London Stock Exchange Group Plc: Clarification Statement

Date 25/04/2016

In the course of an interview with the Financial Times last month on open access clearing in Europe, the CEO of London Stock Exchange Group ("LSEG"), Xavier Rolet, was asked to comment on the progressive changes in financial markets infrastructure and the increasing need for customers to access services on a global basis. In the context of a discussion during the interview about the desire of customers to reduce costs and the increasing trend of using Exchange Traded Funds instead of futures, a quotation was subsequently attributed to Mr. Rolet in an article published on 5 April which stated:

"Our American futures friends have kept increasing fees every year, in 2009, 2010, when everybody was on their back bleeding to death. Total cost of trading is too high, so it's going to change."

FIA Releases SEF Tracker For March 2016

Date 25/04/2016

United Kingdom Parliament Treasury Committee Update: Chair Asks Cabinet Secretary To Set Date For "Brexit" Evidence

Date 25/04/2016

Rt Hon. Andrew Tyrie MP, Chairman of the Treasury Committee, writes to Sir Jeremy Heywood, the Cabinet Secretary, asking him to set a date for Iain Mansfield, an official at the Department for Business, Innovation & Skills, to give evidence on his award-winning essay on "Brexit".

Rabobank Joins Nexuslab To Foster Early-Stage Blockchain Ventures Across Europe

Date 25/04/2016

Nexuslab, the Swiss blockchain startup programme powered by Startupbootcamp, has announced a partnership with Rabobank. The Dutch bank joins Nexuslab to support the first round of its programme geared towards early-stage European blockchain ventures. The collaboration adds leading financial industry expertise to the programme and further strengthens its international footprint.

Trinidad and Tobago – Working With The International Community

Date 25/04/2016

Trinidad & Tobago continues to make great strides towards becoming a recognised international financial centre. To be a successful financial centre these days there are a number of factors that a location simply must get right. Factors like a strong regulatory environment, the rule of law, transparency and co-operation with the international community are all in the news at the moment and are vital in becoming a successful centre. They are also critical in building a strong reputation. In order to get these factors in place, Trinidad & Tobago has forged some strong international partnerships which are informing the country's development as an international financial centre.