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  • SEC Charges RAE Systems For Illegal Payments Made Through Joint Ventures To Win Chinese Government Contracts

    Date 10/12/2010

    The Securities and Exchange Commission today charged San Jose-based RAE Systems Inc. with violations of the Foreign Corrupt Practices Act (FCPA) for making improper payments through two of its Chinese joint venture entities to Chinese officials in order to obtain significant government contracts for their gas and chemical detection products.

  • IDEM: 13 New Pan-European Stock Futures

    Date 10/12/2010

    Starting 20TH December, 13 new Pan-European Stock Futures will be traded on IDEM IDEM, Borsa Italiana derivatives market, carries on its process of enlargement of products negotiable on the new SOLA® platform, introducing as from 20th December, 13 new pan-European stock futures, confirming its international vocation.

  • CEBS Has Today Published Its Guidelines On Remuneration Policies And Practices (CP42)

    Date 10/12/2010

    The Committee of European Banking Supervisors (CEBS) has published today its final Guidelines on Remuneration Policies and Practices.

  • BBA Statement On CEBS Announcement On Remuneration

    Date 10/12/2010

    “CEBS announcement, on top of the FSA rules, changes dramatically the bonus landscape, the BBA said today. Taken together, these rules mean that for the key people, whatever is paid in bonus is half in shares, mostly locked away for several years, and any cash will go straight to the tax man. This represents a huge change away from the bonus arrangements of the past.

  • ICE Futures Europe To Launch IHS McCloskey Indonesian Sub-Bituminous FOB Marker Coal Contracts

    Date 10/12/2010

    IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced it will launch an Indonesian sub-bituminous coal contract on ICE Futures Europe in the early part of 2011, subject to regulatory approval. The contract will be cash settled against the IHS McCloskey Indonesian Sub-Bituminous FOB marker. The contracts will be traded in multiples of 1000 tonnes, with a minimum price fluctuation of $0.05.

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