News Centre

UK's Financial Services Authority Warns Firms Must Not Try To 'Work Around' Commission Ban

Date 01/10/2012

FSA warns firms must not try to 'work around' commission ban The Financial Services Authority (FSA) has written to the CEOs of 24 product provider and advisory firms, outlining our concerns that firms may be looking to 'work around' the adviser charging rules by soliciting or providing payments or benefits.

European Commission: Commissioner Michel Barnier's Reaction To The Basel Committee's Preliminary "Regulatory Consistency Assessment"

Date 01/10/2012

The Basel Committee on Banking Supervision has been carrying out a preliminary assessment of the consistency of the Council's general approach on the Capital Requirements Directive IV (CRDIV) with the so-called Basel III agreement on internationally agreed capital standards. The outcome of its work so far has been published today, along with reports on the regulatory consistency in the US and Japan. The Committee's work will continue with a final report on consistency being issued once CRD IV is adopted.

ESMA Approves Axesor S.A. As A Credit Rating Agency

Date 01/10/2012

The European Securities and Markets Authority (ESMA) has formally approved the registration of Axesor S.A., based in Spain, as a credit rating agency (CRA) under Article 16 of the CRA Regulation.  The registration takes effect from 1 October 2012.

Burgundy: Aggregated Market Shares – Finnish Equities, September 2012

Date 01/10/2012

In cooperation with SIX Telekurs, Burgundy publishes aggregated market shares  in Finnish equities on a monthly basis, in order to provide a better picture of  the market.

Rate Validation Services Appoints Kevin Milne As Global CEO

Date 01/10/2012

Rate Validation Services (“RVS”), the end-of-day benchmark rate provider for the financial markets, has appointed Kevin Milne as Global CEO. Kevin joins RVS from the London Stock Exchange Group where he was a member of the Executive Committee responsible for its Post Trade businesses and activities.

Unicredit Launches Products On All Short And Leverage Indices Of The Vienna Stock Exchange

Date 01/10/2012

The Vienna Stock Exchange welcomes UniCredit onemarkets as the first issuer of structured products on all short and leverage indices calculated by the exchange. UniCredit is one of the most active issuers of products on indices of the Vienna Stock Exchange. Short and leverage indices address investors who are willing to take risks and who want to participate in the development of a specific index. The indices are tied to an underlying index and reproduce its daily performance with a fixed leverage. The Vienna Stock Exchange offers short indices as well as double short indices (factor 2) and leverage indices with factors 2 and 4 on the following reference indices: ATX, CECE EUR and RDX EUR. All indices are designed to be used as underlying for structured products.

SIX Swiss Exchange: Structured Products Fair 2012 "Discover The Potential"

Date 01/10/2012

The motto of the Swiss Structured Products Fair which is being held for the sixth time on October 24 and 25, 2012 at the Kongresshaus Zurich is «Discover the potential». At the event, organized jointly by the Swiss Structured Products Association (SSPA) and Scoach Switzerland Ltd, the exhibitors – including the market’s major players – will present the potential and advantages of these flexible investment instruments. Both fair days also feature specialist speeches by renowned experts and roundtables on current issues.

NASDAQ OMX Commodities : Please Note That Heartbeat Monitoring Has Been Disabled

Date 01/10/2012

The technical disturbances are solved for Genium INET, please note that heartbeat monitoring has been disabled, hence cancel-on-disconnect functionality will not work. For more information contact Technical Support.

Warsaw Stock Exchange: Three Years Of Catalyst

Date 01/10/2012

• 147 Polish and international issuers, including 49 new listings in 2012
• Over 300 series of corporate, co-operative and municipal bonds worth over PLN 45 billion
• New listings of bonds of the biggest Polish companies including WIG20 participants
• WSE’s efforts to stimulate interest of individual investors

Securities Commission Malaysia Appoints Ahmad Fairuz Bin Zainol Abidin As Executive Director Of Enforcement

Date 01/10/2012

The Securities Commission Malaysia (SC) today announced the appointment of Ahmad Fairuz bin Zainol Abidin as Executive Director of Enforcement with effect from 1st October 2012.   As Executive Director in charge of enforcement, Ahmad Fairuz will lead the SC’s investigation, prosecution and civil enforcement teams.