News Centre

Statement On Recent SEC Settlements Charging Chief Compliance Officers With Violations Of Investment Advisers Act Rule 206(4)-7, SEC Commissioner Daniel M. Gallagher, June 18, 2015

Date 18/06/2015

I recently voted against two settled SEC enforcement actions involving alleged violations of Investment Advisers Act Rule 206(4)-7 by chief compliance officers (“CCOs”): In the Matter of Blackrock Advisors, LLC (April 20, 2015) and In the Matter of SFX Financial Advisory Management Enterprises, Inc. (June 15, 2015). I have long called on the Commission to tread carefully when bringing enforcement actions against compliance personnel. These recent actions fly in the face of my admonition, and I feel compelled to explain my rationale for dissenting.

Finansinspektionen - Swedish Financial Supervisory Authority - Supervision Of Insurance Undertakings

Date 18/06/2015

The objective of Finansinspektionen’s supervision of insurance undertakings is to monitor their ability to fulfil their commitments to customers, and to monitor that customers receive comprehensible and accurate information. This report focuses on the first of the above-mentioned primary objectives.

The Saudi Stock Exchange Announces The Trading Hours During The Holy Month Of Ramadan

Date 18/06/2015

The Saudi Stock Exchange (Tadawul) would like to congratulate all of our market participants and audiences for the holy month of Ramadan.

His Majesty King Abdullah Meeting With Capital Market Institutions Representatives And Investors To Discuss Means To Reinvigorate The Amman Stock Exchange

Date 18/06/2015

His Majesty King Abdullah said during the meeting that was held at Al Husseiniya Palace on June 15th 2015 that "achieving sustainable growth must be the main goal of all economic plans and programs under way and highlighted the 10-year economic blueprint that the government recently has endorsed to overcome economic challenges".

Tel Aviv Stock Exchange Weekly Review: June 14-18, 2015

Date 18/06/2015

Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of June was marked by a mix trend in the leading share indices; 

Continued offerings in the bond market 

ESMA Asks Commission To Delay CSDR Technical Standards

Date 18/06/2015

The European Securities and Markets Authority (ESMA) has published today a letter informing the European Commission of its intention to delay its draft technical standards (TS) for the Central Securities Depositories Regulation (CSDR) to September 2015. The initial delivery date of the CSDR TS was 18 June 2015.

EBA Updates On Consumer Trends In 2015

Date 18/06/2015

The European Banking Authority (EBA) published today its fourth annual Consumer Trends Report. The report, which covers all the products that fall into the EBA's consumer protection mandate, such as mortgages, personal loans, deposits, payment accounts, payment services and electronic money, highlights the trends the EBA has observed with these products in 2015 and the issues that may arise, or have arisen, for consumers buying them. It also provides early indications as to the areas in which the EBA may take action going forward. In addition, the report summarises all the measures the EBA has taken to address these issues. 

Nigerian Stock Exchange Partners London Stock Exchange Group To Host Capital Market Event In London

Date 18/06/2015

The Nigerian Stock Exchange (NSE) has concluded arrangements, to lead corporate finance experts, lawyers, capital market operators, regulators and companies keen to explore a London/Lagos dual listing, to an investor roadshow at London Stock Exchange Group (LSEG), as part of efforts aimed at promoting dual listing and showcasing the potential of quoted companies on The NSE to global markets.

Nasdaq: Inside The Mind Of The Compliance Officer

Date 18/06/2015

Moscow Exchange: Risk Parameters Change For The Securities SU46023RMFS6 (OFZ 46023)

Date 18/06/2015

he following risk parameters will be applied starting from June 19, 2015: