News Centre

ESMA Publishes MiFID Compliance Function Peer Review Results

Date 29/11/2017

The European Securities and Markets Authority (ESMA) has published the results of its Peer Review on the Guidelines on certain aspects of the compliance function under MiFID (Guidelines). The Guidelines cover national competent authorities (NCAs) supervision of investment firms’ compliance functions, particularly how those functions carry out risk assessments, monitor compliance obligations, report to senior management and fulfil their advisory role.

SIX Swiss Exchange: Traders Concerned With Growth Of Passive Investing

Date 29/11/2017

The second Trader Survey conducted by SIX Swiss Exchange assessed current trends in passive investing, its drivers and the potential effects on global markets.

Irish Stock Exchange Is The European Listing Venue Of Choice For Latin American Issuers

Date 29/11/2017

In October and November 2017, CFE listed two additional bonds known as Cebures (Certificados Bursátiles), denominated in Mexican Pesos (Ps) with an aggregate value of Ps 10bn on the Global Exchange Market (GEM) of the Irish Stock Exchange (ISE). In November 2017, Grupo Bimbo issued and listed US$650m debt securities on GEM.  In addition, Grupo Bimbo has multiple listings on the GEM totalling US$2.9bn.

For The First Time, TASE Launches Bond Indices Of Companies Selected For Corporate Social Responsibility (CSR): Tel Bond-CPI Linked Maala And Tel Bond-Shekel Maala

Date 29/11/2017

UBS MTF Market Notice Throttling Limit And Order To Transaction Ratio

Date 29/11/2017

UBS MTF announced material changes to the UBS MTF Rulebook and User Guide in our Trading Notice N15 of 23 November 2017. Two of these changes referred to a new throttling limit and an update to our existing Order to Transaction ratio.

Message From CEO, Deirdre Somers, As Irish Stock Exchange Set To Join Euronext Group

Date 29/11/2017

This is a great day for the Irish Stock Exchange (ISE) and for Euronext as we team up to make the most of opportunities that we have identified for our combined business.

Indian Power Finance Corporation Launches Its First International Bond In Almost Two Decades In London

Date 29/11/2017

• Indian Power  Finance Corporation (PFC) issues $400 million green bond on London Stock Exchange’s new International Securities Market (ISM)
• PFC Chairman welcomed to London Stock Exchange to celebrate bond issuance
• Seventh green bond on London Stock Exchange in November 2017 
• Reinforces London’s status as a leading international green and sustainable financing centre

ESMA: Guidelines Compliance Table Guidelines On CSD Access To The Trading Feeds Of Ccps And Trading Venues (ESMA70-151-298)

Date 29/11/2017

The following national competent authorities (NCAs) comply or intend to comply with ESMA’s Guidelines on CSD access to the trading feeds of CCPs and trading venues:

Call For Expressions Of Interest To Participate In The Working Group On Euro Risk-Free Rates

Date 29/11/2017

• Financial sector representatives and non-banking institutions or associations invited to join or contribute to new Working Group
• Work will be guided by terms of reference

Statement Of Commitment To Foreign Exchange Global Code Of Conduct

Date 29/11/2017

All central banks in the European System of Central Banks (ESCB) are strongly committed to supporting and promoting adherence to the Foreign Exchange Global Code of Conduct (the “Code”). Today, 15 of the ESCB central banks, including the European Central Bank, simultaneously issued Statements of Commitment to the Code. The remaining ESCB central banks will do so in 2018. By issuing these statements, these ESCB central banks demonstrate that they are committed to adhering to the principles of the Code when acting as foreign exchange market participants and ensuring that their internal practices and processes are aligned with the principles of the Code. With these Statements of Commitment, they emphasise that the principles of the Code are important in promoting the integrity and effective functioning of the wholesale foreign exchange market. To ultimately achieve the objective of the Code, the ESCB central banks also encourage all foreign exchange market participants to adhere to it.