News Centre

China Business Confidence Falls To Five Year Low - MNI China Business Indicator Declines To 50.2 In February From 52.2 In January

Date 19/02/2014

Business confidence fell for the second consecutive month in February to its lowest level for five years, indicating a significant weakening in business activity.

Greg Medcraft, Chairman, Australian Securities And Investments Commission, Opening Statement - Senate Inquiry - Opening Statement 19 February 2014

Date 19/02/2014

Speaking notes from Greg Medcraft, Chairman, Australian Securities and Investments Commission, opening statement to the Senate inquiry into the performance of the Australian Securities and Investments Commission, 19 February 2014.

New Zealand's Financial Markets Authority: Charges Laid Against Contributory Mortgage Brokers

Date 19/02/2014

The Financial Markets Authority (FMA) has charged two contributory mortgage brokers with failing to deliver annual reports.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - Changes In The S&P/TSX Preferred Share Indices

Date 18/02/2014

S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

Bank of Montreal (TSX:BMO) has announced that it will redeem for $CDN25.00 cash per share  all  of  the  outstanding  shares  of  its  Non-Cumulative  5-Year  Rate  Reset  Class  B Preferred Shares Series 18 (TSX:BMO.PR.N) at the close on February 25, 2014. The shares of this issue will be removed from the S&P/TSX Preferred Share, the S&P/TSX Preferred Share Laddered and the S&P/TSX North American Preferred Stock Indices after the close of trading on Tuesday, February 25, 2014.

Federal Reserve Board Approves Final Rule Strengthening Supervision And Regulation Of Large U.S. Bank Holding Companies And Foreign Banking Organizations

Date 18/02/2014

The Federal Reserve Board on Tuesday approved a final rule strengthening supervision and regulation of large U.S. bank holding companies and foreign banking organizations.

CFTC Orders Florida-based Worth Asset Management And Its Owner, Paul L. Kaulesar, To Pay Over $6.2 Million In Restitution And A Fine For Multi-Million Dollar Fraudulent Precious Metals Scheme

Date 18/02/2014

The U.S. Commodity Futures Trading Commission (CFTC) today filed and settled charges against Worth Asset Management LLC (Worth Asset) of West Palm Beach, Florida, and its sole owner and manager, Paul L. Kaulesar of Royal Palm Beach, for solicitation fraud and engaging in illegal, off-exchange precious metals transactions. Neither Worth Asset nor Kaulesar has ever been registered with the CFTC.

Luxembourg Stock Exchange: Interim Revision Of The LuxX Index

Date 18/02/2014

As a result of the delisting of the shares of BIP Investment Partners (ISIN LU0110790085) from the official list of the Luxembourg Stock Exchange, scheduled for Friday, 28 February 2014 after market closing, the new composition of the basket used to calculate the LuxX index (base 1,000 as at 04/01/1999) will consist of the following as of Monday, 24 February 2014:

Japan's Securities And Exchange Surveillance Commission: Recommendation For Administrative Monetary Penalty Payment Order For Market Manipulation By Select Vantage Inc.

Date 18/02/2014

1. Contents of the Recommendation

The Securities and Exchange Surveillance Commission (“SESC”), today, made a recommendation to the Prime Minister and the Commissioner of the Financial Services Agency that an administrative monetary penalty payment order be issued in regard to market manipulation by Select Vantage Inc. (“Select Vantage”) pursuant to Article 20(1) of the Act for Establishment of the Financial Services Agency. This recommendation is based on the findings of the investigation into the market manipulation, whereby the following violations of laws and ordinances were identified.

Finansinspektionen (FI) iSwedish Financial Supervisory Authority Strengthens Consumer Protection

Date 18/02/2014

Finansinspektionen (FI) is starting up a new operational section – Consumer Protection. The purpose is to gain a clearer focus on consumer protection matters and hence strengthen the position of consumers on the financial market.

Qatar Exchange Sets The Listing Of Mesaieed Petrochemical Holding Company On Wednesday, February 26, 2014 & Shareholders Data Available At Brokerage Firms By Sunday, February 23, 2014

Date 18/02/2014

Qatar Exchange (QE) announced that the listing of Mesaieed Petrochemical Holding Company (MPHC) will be Wednesday, February 26, 2014.  The decision to list MPHC on QE resulted after the company has obtained the approval from the Qatar Financial Markets’ Authority (QFMA) and fulfilled and complied with all necessary listing requirements. With the listing of MPHC, the number of listed companies on QE will increase to 43.