News Centre

Bermuda Stock Exchange Will Be Closed For Bermuda National Heroes Day Holiday

Date 13/06/2013

The Bermuda Stock Exchange (BSX) advises that the Exchange will be closed on Monday, 17 June, 2013, in observance of the Bermuda National Heroes Day Public Holiday. The BSX will re-open on Tuesday, 18 June, 2013.

Conduct In A New Era: Leaders Rejecting Complacency - Speech By John Griffith-Jones, Chairman, The FCA, To theCityUK Conference

Date 13/06/2013

Thank you for those kind words Robert. It’s a pleasure to join everyone this evening. It is not quite a hundred days in the formal job yet, but I have been around the organisation long enough to have gained  a healthy respect for how difficult a job it is to be a  ‘good’ regulator, but short enough to remember how it felt to be on the receiving end of regulatory edicts.

DTCC Statement On The U.S. House Of Representatives Passage Of H.R. 742

Date 13/06/2013

The Depository Trust & Clearing Corporation (DTCC) General Counsel Larry Thompson today issued the following statement in response to the U.S. House of Representatives passage of the Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 (H.R. 742):

Program Trading Averaged 27.1 Percent Of NYSE Volume During June 3-7

Date 13/06/2013

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms’ executed volume from NYSE’s orders database. The report includes trading on the NYSE for June 3-7.

EU27 Foreign Direct Investment - Over 60% Of Investments From The Rest Of The World Into The EU27 Came From The USA In 2012

Date 13/06/2013

Foreign Direct Investment¹ (FDI) from the EU27² to the rest of the world reached 171 billion euro in 2012, while investment from the rest of the world into the EU27 was 159 bn in 2012. Investment from the euro area (EA17)² to the rest of the world amounted to 238 bn while investment from the rest of the world into the euro area was 193 bn.

Testimony Of Federal Insurance Office (FIO) Director Michael McRaith Before The House Financial Services Subcommittee On Housing And Insurance

Date 13/06/2013

Chairman Neugebauer, Ranking Member Capuano, Members of the Subcommittee, thank you for inviting me to testify today on projects at the International Association of Insurance Supervisors (IAIS) regarding systemic risk and group supervision as well as collaboration between the EU and U.S. on insurance regulatory matters.

Olive Geoghegan Joins IPSA International's London Office

Date 13/06/2013

IPSA International, Inc., (IPSA) an investigative consulting and risk advisory firm, is pleased to announce the appointment of Ms. Olive Geoghegan to the position of Senior Research Analyst in the firm's London office.

Chartered Institute For Securities & Investment And The Dutch Securities Institute Agree Programme Of Collaboration

Date 13/06/2013

The Chartered Institute for Securities & Investment (CISI) and the Dutch Securities Institute (DSI) have signed an MoU to increase opportunities for cooperation between their organisations through a programme of collaboration.

CFTC: "Cinema Of Uncertainty" - Speech Of Commissioner Bart Chilton Before The Institute Of International Bankers, The Yale Club, New York City

Date 13/06/2013

Introduction—The Yale Club

Thanks for the introduction and invitation to spend some time with you this afternoon.  Sally Miller and her staff do an excellent job working with our Agency. It's also good to be with you at the Yale Club—"...an intimate oasis in the heart of Manhattan...since 1897."  I know the Yale Club only from Fitzgerald's Nick Carraway of Gatsby fame who "...took dinner usually at the Yale Club."  In fact in the new Gatsby movie Nick (Tobey Maguire) and Jay himself (Leonardo DiCaprio) mention the Yale Club. If you haven't seen it, The Great Gatsby (2013), my take is that it’s full-on super cinema.  Go right after we're done here.  In fact, if you do, it will be a great finale to our little mini movie montage here at the Yale Club.

SEC Charges Revlon With Misleading Shareholders In Going Private Transaction

Date 13/06/2013

The Securities and Exchange Commission today charged cosmetics and beauty care manufacturer Revlon with violating federal securities laws when the company misled shareholders during a "going private transaction."