News Centre

SIFMA Statement On FDIC Proposal To Raise Leverage Ratio

Date 10/07/2013

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., president, after the Federal Deposit Insurance Corporation approved a proposal to increase the leverage ratio for bank holding companies and insured depository institutions.

MIAX Options Exchange: Include Priority Customer Size In MIAX Top Of Market Data Feed – Implementation Delay

Date 09/07/2013

MIAX Regulatory Circular 2013-41 refers to the Exchange delaying the operative date of the change to MIAX Rule 506. The Exchange will publish a subsequent Regulatory Circular with the implementation date.

MIAX Options Exchange: Allowing All Lead Market Makers To Receive Directed Orders – Implementation Delay

Date 09/07/2013

MIAX Regulatory Circular 2013-40 refers to the Exchange delaying the operative date of the change to MIAX Rule 514. The Exchange will publish a subsequent Regulatory Circular with the implementation date.

Financial Stability Oversight Council Makes First Nonbank Financial Company Designations To Address Potential Threats To Financial Stability - Council Names Two Companies For Consolidated Supervision And Enhanced Prudential Standards

Date 09/07/2013

The Financial Stability Oversight Council (Council) today announced that it had voted to designate two nonbank financial companies to address potential threats to financial stability.  This is the Council’s first use of its authority under Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) to subject a nonbank financial company to consolidated supervision and enhanced prudential standards.

Standard & Poor's Ratings Services: Long-Term Ratings On Italy Lowered To 'BBB' - Outlook Negative

Date 09/07/2013

OVERVIEW

• We have lowered our unsolicited long-term sovereign credit rating on Italy to 'BBB' from 'BBB+'.
• The rating action reflects our view of the effects of further weakening growth on Italy's economic structure and resilience, and its impaired monetary transmission mechanism.
• The outlook on the long-term rating is negative.

Financial Conduct Authority Confirms Market Study Into General Insurance "Add-Ons"

Date 09/07/2013

The Financial Conduct Authority (FCA) has confirmed that it is undertaking its first market study into the practice of selling insurance "add-ons" with purchases like cars or mobile phones.

Thomson Reuters Second-Quarter 2013 Earnings Announcement And Webcast Scheduled for Tuesday, July 30, 2013 - Conference Call And Webcast Scheduled For 8:30 A.M. EDT

Date 09/07/2013

Thomson Reuters (NYSE, TSX: TRI), the world’s leading source of intelligent information for businesses and professionals, announced today that its second-quarter 2013 earnings will be issued via news release on Tuesday, July 30, 2013.

Speech By Martin Wheatley, Chief Executive, The Financial Conduct Authority, At The ABI Biennial Conference, London

Date 09/07/2013

Consumer focus

Thank you for that introduction. It’s a pleasure and privilege to help close the conference with Otto this afternoon.

As we all know, the UK insurance industry remains a pillar of the world economy.

SIX Swiss Exchange: Index Adjustments On The Occasion Of The Ordinary Index Review

Date 09/07/2013

The Management Committee of SIX Swiss Exchange has decided to make changes to SIX Swiss Exchange index baskets on the basis of a recommendation from the Index Commission and in compliance with the SMI®, SLI®, SPI® and SXI® index rules. The indices will be adjusted on 20. September 2013 after closing. The adjustment takes effect on 23. September 2013.

Lithuanian Presidency Of The Council Of The European Union Will Seek Agreement On Key Elements Of The Banking Union Framework

Date 09/07/2013

The Lithuanian Presidency has presented the development of the Banking Union framework as one of the main priorities at the ECOFIN Council in Brussels on July 9.