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Dubai Gold And Commodities Exchange Xchange Newswire - September 22, 2008
Date 22/09/2008
Click here to download the Dubai Gold And Commodities Exchange Xchange newswire for September 22, 2008.
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US Regulators Release New Report To Assist Financial Services Firms In Serving Older Investors
Date 22/09/2008
As part of the Securities and Exchange Commission's third annual Seniors Summit held in Washington today, the staff of the SEC along with the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association (NASAA) released a joint report outlining practices that financial services firms can use to strengthen their policies and procedures for serving older investors as they approach and enter retirement.
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European Energy Commissioner Piebalgs Welcomes McKinsey CCS Report As A Valuable Input In The Carbon Capture And Storage debate
Date 22/09/2008
Energy Commissioner, Andris Piebalgs, welcomed today the report "CCS: Assessing the Economics" which was presented to him today by its authors, McKinsey & Company. "Early effective demonstration of technological viability of Carbon Capture and Storage (CCS) in power generation, both in Europe and internationally, is essential to move rapidly to economically viable, near free carbon electricity generation. This report is a valuable contribution to the
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Vienna Stock Exchange And CCP.A Tighten Delivery Terms
Date 22/09/2008
In agreement with the Austrian Financial Market Authority (FMA) and the clearing agent CCP.A, the Vienna Stock Exchange is tightening the terms of delivery for the sale of securities as a measure to calm the market. Sellers will remain under the obligation – just as up to now – to deliver the securities within three days of the trade (T+3). However, should a seller default on delivery, starting tomorrow, Tuesday, 23 September 2008, the clearing agent will require delivery to be to be completed i
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Charlie McCreevy, European Commissioner For Internal Market And Services - Intervention On Lehne And Rasmussen Reports, European Parliament Plenary Session, Brussels, 22 September 2008
Date 22/09/2008
Mr President, Honourable Members, I would like to thank the Economic and Monetary Affairs Committee and Legal Affairs Committees and in particular their rapporteurs, Mr. Rasmussen and Mr Lehne, for the work done in the preparation of these two reports.
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ADX Hosts Training For The Damascus Securities Exchange - ADX Committed To The Development Of The Middle East Capital Markets
Date 22/09/2008
As part of its strategy to aid the development of the Middle East capital markets, Abu Dhabi Securities Exchange (ADX) has hosted a week’s training and orientation for representatives from the newly established Damascus Securities Exchange (DSE).
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CESR Comments On EFRAG’s Consultation On Strengthening The European Contribution To The International Standard Setting Process
Date 22/09/2008
CESR published today the response it sent to EFRAG commenting on the consultation on Strengthening the European Contribution to the International Standard Setting Process, referred to as EFRAG enhancement. CESR highlights that it is essential that an adequate representation of the interests of the EU securities supervisors and enforcers of IFRS in the EFRAG’s Supervisory Board be ensured. CESR also strongly supports to remain its status as official observer to EFRAG’s Technical Expert Group w
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Zaid Ibrahim & Co Becomes First South East Asian Legal Firm To Operate In DIFC
Date 22/09/2008
Malaysia’s premier law firm, Zaid Ibrahim & Co has become the first South East Asian law firm to receive a license from the Dubai Financial Services Authority (DFSA) to provide legal services to local, regional and international clients in and from the Dubai International Financial Centre (DIFC).
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NYSE Welcomes His Highness Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, Prime Minister Of The State of Kuwait
Date 22/09/2008
The New York Stock Exchange today welcomed His Highness, Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, Prime Minister of the State of Kuwait. His Highness met with NYSE Euronext CEO Duncan Niederauer and commenced the day’s trading by ringing the NYSE Opening Bell.
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EEX: Exchange Council Briefed On The Suspension Of Lehman Brothers - New Trading System ComXerv Launched Successfully – Preparations For Start Of Market Coupling On Schedule – Status Of Cooperation Project With Powernext Presented
Date 22/09/2008
On account of the turbulences caused by the collapse of Lehman Brothers Holding Inc. the exchange council of the European Energy Ex-change (EEX) was briefed comprehensively on the impact on EEX during its meeting in Hanover on 16 September. The management of the exchange reported on the measures taken by the exchange and its clearing house, European Commodity Clearing AG (ECC), to ensure proper trading and to manage the default risk arising from the insolvency: After the suspension of the com
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