News Centre

Japan's Financial Services Agency: Equivalency Assessment On Audit And Public Oversight Systems Of Foreign Jurisdictions

Date 11/07/2013

The Financial Services Agency (FSA) and the Certified Public Accountants and Auditing Oversight Board (CPAAOB) published “A Framework for Inspection / Supervision of Foreign Audit Firms, etc.” on September 14, 2009, and stated that with respect to information requirements and inspections regarding foreign audit firms, the FSA and CPAAOB will, in principle, rely on such actions by the competent authorities of the firm’s home jurisdictions, instead of seeking to obtain information from or conducting inspections on firms themselves, provided that (a) audit and public oversight systems in the firm’s home jurisdictions are equivalent to those of Japan, (b) necessary information can be provided from the foreign competent authorities through appropriate arrangements of information exchange, and (c) reciprocity is ensured.

NASDAQ OMX Stockholm Fines Allenex AB

Date 11/07/2013

The Disciplinary Committee of NASDAQ OMX Stockholm AB ("the Exchange") has found that Allenex AB ("Allenex") has contravened the Exchange’s Rulebook for Issuers and has therefore ordered Allenex to pay a fine corresponding to one annual fee to the Exchange.

REGIS-TR Now Above 300 Pilot Customers

Date 11/07/2013

REGIS-TR, the European Trade Repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME), has seen a significant increase in the number of participants joining their test environment, with the figure doubling during the last three months. In the early part of 2013 roughly five participants were signing each week but currently it is nearer twenty, bringing the total number of pilot customers to above 300.

Betashares Selects FTSE For First Fundamental Index ETF In Australia

Date 11/07/2013

• First Australian ETF based on fundamental weighting rather than market capitalisation
• Builds on FTSE’s established track record in providing alternatively weighted index solutions to Australian investors

NASDAQ OMX Stockholm Fines Oasmia AB

Date 11/07/2013

The Disciplinary Committee of NASDAQ OMX Stockholm AB ("the Exchange") has found that Oasmia AB ("Oasmia") has contravened the Exchange’s Rulebook for Issuers in the terms of disclosures and has therefore ordered Oasmia to pay a fine corresponding to four times the company’s annual fee to the Exchange.

DEVLHON Consulting - Banking In Emerging Markets - Africa - African Banks Accelerate Their Transformation Without Fanfare

Date 11/07/2013

• For the major African banks, the question is no longer “whether” but “how” they can participate in African growth as there remain major challenges that are cutting into profitability for the time being.
• Strong growth outook in the medium-to-long term

Xetra/FWB: IPO In Prime Standard: Deutsche Annington Immobilien SE

Date 11/07/2013

Deutsche Annington Immobilien SE (ISIN: DE000A1ML7J1) shares have been tradable in the Prime Standard of the Frankfurt Stock Exchange since 11 July. The placement volume at the initial public offering (IPO) was 34,848,485. The placement price was €16.50 and the initial listing price €17.10.

A Year Of Change! - Disclosure Office Of SIX Swiss Exchange Publishes Its 2012 Annual Report

Date 11/07/2013

Implementation of the partial revision of the Stock Exchange Ordinance- FINMA and the draft revision entitled “Stock Market Offences and Market Abuses” were the main features of reporting year 2012. The increased enforcement of the disclosure obligations by the Federal Department of Finance FDF is having a noticeable effect on the behavior of market participants.

STOXX Europe 50 Index Licensed To ICBC Credit Suisse To Underlie Exchange-Traded Fund

Date 11/07/2013

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that the STOXX Europe 50 Index has been licensed to ICBC Credit Suisse to serve as the basis for an exchange-traded fund (ETF). The CEO of STOXX Limited and the CIO of ICBC Credit Suisse gathered at an official signing ceremony in Beijing today to mark this occasion.

New Zealand's Financial Markets Authority CEO Announcement - Sean Hughes Will Not seek Re-Appointment For A Second Term

Date 11/07/2013

The Financial Markets Authority (FMA) today announced that CEO Sean Hughes will not seek re-appointment for a second term as Chief Executive. He will continue in his role until the end of the year.