News Centre

US Federal Agencies Issue Final Rule To Streamline Regulatory Reporting Requirements And Commit To Further Review Of Reporting Burdens For Small Institutions

Date 17/06/2019

The three federal bank regulatory agencies adopted a final rule to streamline regulatory reporting requirements for small institutions.

SEC: KPMG Paying $50 Million Penalty For Illicit Use Of PCAOB Data And Cheating On Training Exams

Date 17/06/2019

The Securities and Exchange Commission today charged KPMG LLP with altering past audit work after receiving stolen information about inspections of the firm that would be conducted by the Public Company Accounting Oversight Board (PCAOB).  The SEC’s order also finds that numerous KPMG audit professionals cheated on internal training exams by improperly sharing answers and manipulating test results. 

Solactive Appointed As Index Provider For First Canadian eSports And eGaming ETF

Date 17/06/2019

Solactive is pleased to announce the release of its Solactive eGaming Index. It serves as the underlying of the Evolve E-Gaming Index ETF (“HERO”) and includes companies active in eGaming and eSports, both of which are striving markets with robust performance potentials. Canadian ETF provider Evolve ETFs will be the first company to launch an ETF tracking the index.

Al Mawared Brokerage's Amman Stock Exchange Weekly Report, 17 June 2019

Date 17/06/2019

Click here to download Al Mawared Brokerage's weekly report on the Amman Stock Exchange (ASE). The Report is designed to give an overview of developments in the Jordan Capital Markets as well as ASE performance indicators.

FSB Publishes Compensation Progress Report

Date 17/06/2019

The Financial Stability Board (FSB) today published a progress report on the implementation of its Principles and Standards for sound compensation practices in financial institutions. The report assesses how compensation practices have evolved since the Principles and Standards were published in 2009.

ESMA Publishes 2018 Annual Report

Date 17/06/2019

The European Securities and Markets Authority (ESMA) has published its Annual Report, which reviews its achievements against its 2018 priorities and objectives in meeting its mission of enhancing investor protection and promoting stable and orderly financial markets in the European Union.

Shanghai Stock Exchange London Office Officially Opened

Date 17/06/2019

On June 17, the China Securities Regulatory Commission (CSRC) and the U.K. Financial Conduct Authority (FCA) releases the “Joint Communique” for Shanghai-London Stock Connect, which approves in principle that the Shanghai Stock Exchange (SSE) and the LSE implements the Shanghai-London Stock Connect. Meanwhile, the SSE London Office is officially opened.

HKEX Appoints Head Of Infrastructure And Operations

Date 17/06/2019

• Niguel Brooks appointed as HKEX Managing Director, Head of Infrastructure and Operations 
• Brings to HKEX considerable international and exchange experience

UK Financial Conduct Authority And China Securities Regulatory Commission Announce Their Support For The Shanghai-London Stock Connect Scheme

Date 17/06/2019

The Financial Conduct Authority (FCA) and the China Securities Regulatory Commission (CSRC) have today made a joint announcement of their approval of the Shanghai and London Stock Exchanges proposed new Shanghai-London Stock Connect. They have also published a memorandum of understanding (MoU) aimed at providing the basis for the regulatory co-operation that will support the success of the scheme.

Raiffeisen Bank International Opens Foreign Nominee Securities Account With NSD

Date 17/06/2019

National Settlement Depository (NSD), Russian central securities depository, continues to develop services integrated into the global financial system. Raiffeisen Bank International (Vienna) has become the first foreign custodian bank to establish a direct link with the Russian securities market by opening a foreign nominee securities account directly with the Russian CSD. Due to this, the bank can provide its clients with access to a wide range of Russian financial instruments and NSD services.