News Centre

Hong Kong – London Forum To Promote Cooperation On Development Of Offshore Renminbi Business

Date 16/01/2012

The Hong Kong Monetary Authority (HKMA) and the UK Treasury today (Monday) announced the launch of a joint private-sector forum, to be facilitated by the HKMA and the UK Treasury, to enhance cooperation between Hong Kong and London on the development of offshore renminbi (RMB) business.

Michel Barnier Member Of The European Commission, Responsible For Internal Market And Services Restoring Confidence In The Financial Sector – Acting Regionally And Globally Asian Financial Forum Hong Kong, 16 January 2012

Date 16/01/2012

Ladies and Gentlemen,

Thank you Professor Chan. I am very pleased to be with you today. And I would like to thank the organisers of the Asian Financial Forum and the Hong Kong Trade Development Council for their kind invitation.

Press Remarks By European Council President Van Rompuy Following The Meeting With The President Of The Italian Council Of Ministers, Mario Monti

Date 16/01/2012

I am particularly glad to be here in Rome today.

President Monti and I had a very useful meeting. We discussed the main issues on the European agenda, in particular in view of the upcoming informal European Council. President Monti also set out the many initiatives his government is carrying out.

The Number Of Monetary Financial Institutions In The Euro Area And In The EU Decreased Further In 2011

Date 16/01/2012

On 1 January 2012 the total number of monetary financial institutions (MFIs) in the euro area stood at 7,533. This is a net decrease of 332 units (4%) in comparison with the situation a year ago. With a few minor exceptions, the decline was spread across the whole of the euro area. There were 9,587 MFIs in the European Union (EU) as a whole, a net decrease of 334 units.

U.K. Chancellor Announces Further Steps To Promote The Development Of The RMB Market In London

Date 16/01/2012

The Rt Hon. George Osborne, Chancellor of the Exchequer, and Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA), today met to announce the next steps in promoting closer collaboration between London and Hong Kong as part of the increasing global use of the Chinese currency, the Renminbi (RMB).  They announced the launch of a joint private-sector forum, to be facilitated by HM Treasury and the HKMA, that will enhance cooperation between the UK and Hong Kong to support the Chinese Government’s policy in the development of the offshore RMB market.  The forum will focus on exploring synergies between the UK and Hong Kong, specifically looking at clearing and settlement systems, market liquidity and the development of new RMB denominated products.

HKEx Announces Details Of Temporary Holiday Risk Management Arrangements

Date 16/01/2012

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the details of the holiday risk management arrangements below, following its news release dated 9 January 2012.

New iShares Bond ETF Launched On Xetra

Date 16/01/2012

A new bond ETF issued by iShares has been tradable in Deutsche Börse’s XTF segment since Monday.

ESMA Publishes Two Comment Letters

Date 16/01/2012

These comment letters have been sent to the IASB and the EFRAG, and concern IASB's executive draft "Investment enteties".

FFastFill Expands Horizon Network To ASX Australian Liquidity Centre

Date 16/01/2012

FFastFill plc, the leading supplier of front, middle and back office technology to the global derivatives market, today announced that it has expanded its colocation offerings to include access to the ASX’s new data and co-location centre - the ASX Australian Liquidity Centre (ALC).

MICEX-RTS Group In 2011. Review Of The Year

Date 16/01/2012

Year 2011 became a milestone in the history of the Russian stock market. In  February 2011 MICEX and RTS Stock Exchanges announced their intention to merge.  In September the merger of the MICEX and the RTS was approved by the Federal  Antimonopoly Service of the Russian Federation, аnd in December 19, 2011  Russia’s two major exchanges became a single company named OJSC MICEX-RTS.