News Centre

EBA Welcomes The Publication Of The May 2016 Update Of The FX Global Code

Date 26/05/2016

The European Banking Authority (EBA) welcomes the enhancement of the FX Global Code (the Code) and the publication of its May 2016 update. The objective of the Code is to promote the integrity and effective functioning of the wholesale FX market. The Code's guidelines for responsible participation in the FX market are in line with the EBA's work fostering financial institutions' effective governance and enhanced consumer protection in all areas of financial products and services.

As Part Of Its Efforts To Enhance Financial Services Industry Performance SCA Honors 44 Brokers And Financial Analysts Who Completed The Professional Qualification Examinations Program

Date 26/05/2016

• Dr. Obaid Al Zaabi: SCA TC is recognized as a regional and global training center by specialized international organizations

Capital Requirements Of Swedish Banks As Of The First Quarter 2016

Date 26/05/2016

Finansinspektionen publishes the capital requirements of the ten largest Swedish banks and credit institutions as of the end of the first quarter 2016.

Luxembourg Stock Exchange Lists High Yield Bond From Shangdong Ruyi Technology Group, A Chinese Issuer, To Acquire French Sandro, Maje, Claudie Pierlot Group

Date 26/05/2016

On May 18 the Luxembourg Stock Exchange (LuxSE) listed and admitted to trading a high-yield bond issued by BiSoho S.A.S, a wholly-owned subsidiary of Shangdong Ruyi Group, a global leader in the fully integrated textiles and fashion business.

Abu Dhabi -Based Fund Manager Launches First Ever GCC Equities Strategy For International Investors

Date 26/05/2016

• Equities offer unique long term opportunities in UAE and Saudi equities markets
• Eshara CEO eyes upcoming privatisation of Saudi Aramco and plans to boost non oil sector growth under Saudi Arabia Vision 2030 plan

Bank Of England: Record Of Financial Policy Committee Meeting Held On 13 May 2016

Date 26/05/2016

• ​At its meeting on 13 May, the Financial Policy Committee (FPC) reviewed the responses to its January 2016 consultation paper on the systemic risk buffer (SRB) framework.
• Having reflected on those responses, the Committee decided to adopt as final a framework that was broadly the same as that on which it had consulted.
• The only addition was the FPC agreed to supplement the SRB framework with the following Recommendation to the Prudential Regulation Authority (PRA):

Bursa Malaysia Securities Advises Investors To Exercise Caution In The Trading Of Versatile Creative Berhad (“Versatl”) Shares

Date 26/05/2016

Bursa Malaysia Securities wishes to draw investors' attention to the recent surge in price of VERSATL and to the company’s responses to the Unusual Market Activity ("UMA") queries issued by Bursa Malaysia Securities on 5 May 2016 and 26 May 2016.

Trinidad And Tobago – London Calling

Date 26/05/2016

Trinidad & Tobago is making great strides to become a recognised international financial centre (IFC). Acknowledging how vital it is to network with international contacts and develop expertise, the Trinidad and Tobago IFC hosted a breakfast meeting in London on May 03rd, 2016 for members of the press and thought-leaders in the financial services community, to outline some of the main features of the financial centre being created.

CME Group's Terry Duffy To Appear Before Illinois House Revenue Committee To Maintain That A Financial Transaction Tax Would Hurt The State's Economy, Drive Away Jobs And Increase Costs For Consumers Worldwide

Date 26/05/2016

CME Group Executive Chairman and President Terry Duffy will appear before the Illinois House Revenue and Finance Committee today to discuss how imposing a proposed tax on financial transactions would harm Illinois consumers, agricultural producers, businesses and the state economy.

Inquiry: Transparency Of EU Council Decision Making - European Scrutiny Committee - The Lid Must Be Lifted On Council Decision Making - There Should Be Far More Transparency, Particularly About Negotiations Conducted By Officials

Date 26/05/2016

The great majority of European legislation is proposed by the Commission and agreed by the European Parliament and the European Council, in which all Member State Governments take part. The process for agreement at Council is complex, and can include discussions at one of the 150 working groups at official level, and at the ambassadorial level in COREPER before being agreed by Ministers at Council level.