News Centre

The Saudi Stock Exchange Announces The 2nd Quarter 2015 Indices Maintenance

Date 05/07/2015

The Saudi Stock Exchange (Tadawul) announces that the following companies have been included to Tadawul indices as the stocks close prices on Thursday 02/07/2015 (15/09/1436 H): 

• Saudi Cable Co. 
• Saudi Company for Hardware. 
• Middle East Paper Co. 

EBA Issues Final Standards On Processes For Notifying That A Banking Institution Is Failing

Date 04/07/2015

The EBA published today its final draft Regulatory Technical Standards (RTS) on notifications and notice of suspension. These RTS have been developed within the framework established by the Bank Recovery and Resolution Directive (BRRD) and aim at harmonising at EU level the process and content of notifications, as well as the notice of suspension, to be followed when a banking institutions operating in the EU is failing or likely to fail.

EBA Defines Functioning Of EU Banking Resolution Colleges

Date 04/07/2015

The European Banking Authority (EBA) published today a set of Final draft Regulatory Technical Standards (RTS) that specifies the functions of the EU resolution colleges established for resolving failing banks operating on a cross-border basis in the European Economic Area (EEA). These RTS have been developed within the framework established by the EU Bank Recovery and Resolution Directive (the BRRD) and specify how resolution colleges should function, from their establishment to going concern, and from planning the resolution of an institution to managing situations of cross-border resolution.

European Banking Authority Publishes Final Technical Standards To Ensure Effective Resolution Under The BRRD

Date 04/07/2015

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on the Minimum Requirement for Own Funds and Eligible Liabilities (MREL), and on the contractual recognition of bail-in. Both standards provide further specification of essential elements to ensure the effectiveness of the resolution regime established by the Bank Recovery and Resolution Directive (BRRD). These standards are part of the EBA's major programme of work to implement the BRRD and address the problem of too-big-to-fail banks.

EBA Publishes Its Seventh Semi-Annual Report On Risks And Vulnerabilities Of The EU Banking Sector

Date 04/07/2015

The EBA today published its regular risk assessment report. The report is based on December 2014 data and the final production date for this report was 12 June 2015. The report therefore does not cover the current challenges posed by the situation in Greece. However, the report notes that direct exposures to Greek counterparties are limited. Nonetheless indirect challenges of contagion remain a concern and will require careful monitoring and coordination of supervisory activities across the single market.

European Banking Authority Chairman Dismisses Rumours Over Haircuts To Greek Deposits

Date 04/07/2015

Andrea Enria, Chairperson of the European Banking Authority (EBA), the EU institution that reunites the banking supervisors and regulators of the EU, said today in a statement: "I am not aware of any plans to introduce haircuts to retail depositors of Greek banks, as reported in the media this morning. I highly doubt that any authority or public body at EU or Member State level could consider this option, as it would be against EU law and the EBA would immediately start breach of EU law proceedings". In his statement Enria reminded that "EU legislation is in place to protect retail Greek depositors, as any other depositor in the EU".

Prime Minister Of The Hellenic Republic, Alexis Tsipras’ Address At The NO Rally In Syntagma Square

Date 04/07/2015

Citizens of Athens, citizens of Greece.

Today we are not protesting, today we are not demonstrating–today we are celebrating.

Today we are celebrating democracy.

Prime Minister Of The Hellenic Republic, Alexis Tsipras' Message - The Time For Responsibility And Democracy Has Arrived - The Fear-Mongering And Threats Of Disaster Must Stop - When A Nation Takes A Stand On Its Future, It Has Nothing To Fear

Date 03/07/2015

My fellow citizens,

The time for responsibility and democracy has arrived. The fear-mongering and threats of disaster must stop. When a nation takes a stand on its future, it has nothing to fear.

Vienna SE: Change In Trading Procedure For 24 Corporate Bonds

Date 03/07/2015

For the instruments listed below the trading procedure is changed from Auction Only to Continuous Trading as of Monday, July 6, 2015. Their instrument groups change as well.

Platts Pre-Report Survey Of Analysts Results: UNICA Sugarcane Crush - Advance Estimates Suggest A 2H June Cane Crush Of 43.43 Million Mt In Brazil's Center-South - Likely 42.16% Sugar Mix For 2H June 2015: Analysts

Date 03/07/2015

• Cane crush: 43.43 million metric tons (mt)
• Sugar production: 2.32 million mt
• Total ethanol production: 1.865  billion liters (ltr)
• Hydrous ethanol production:  1.119 billion ltr
• Anhydrous ethanol production: 755.64 million ltr
• Sugar mix: 43.15 %
• Ethanol mix:  56.85 %