News Centre

SIFMA Statement On Fiduciary Rule Delay

Date 27/11/2017

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, regarding the Department of Labor’s announcement of an 18-month delay of the applicability date of three exemption provisions in the DOL’s fiduciary rule:

“While the Department of Labor works to address significant concerns with the rule, the delay will help provide certainty to investors and avoid confusion and cost associated with continued piecemeal delays. SIFMA’s member firms have long advocated for the creation of a best interest standard, but one that more broadly protects clients and better protects client choice.  The SEC should take the lead in coordination with the DOL to develop such a principles-based standard of conduct for the benefit of investors.”

Missing Out: Ontario Securities Commission Research Finds Many Millennials Saving, But Not Investing

Date 27/11/2017

A new research study released today by the Ontario Securities Commission (OSC) found that 4 in 5 Ontario millennials (age 18–36) are saving, but only 1 in 2 are investing.

Borsa İstanbul Derivatives Market (VIOP) Training

Date 27/11/2017

Within the scope of financial literacy program, Borsa İstanbul initiated Derivatives Market (VIOP) training seminars aimed at potential investors interested in the markets, as of September 23, 2017.

European Commission - Payment Services: Consumers To Benefit From Safer And More Innovative Electronic Payments

Date 27/11/2017

The Commission has today adopted rules that will make electronic payments in shops and online safer. This will also allow consumers to access more convenient, cost-effective and innovative solutions offered by payment providers.

Borsa Istanbul: Periodic Review For The BIST-KYD Corporate Eurobond Indices For The Period December 2017 Has Been Finalized

Date 27/11/2017

In accordance with the article 3.3. of BIST-KYD Indices Ground Rules, periodic review for the BIST-KYD Corporate Eurobond Indices for the period December 2017 (December 1, 2017 – December 31, 2017) has been finalized. There is not any Eurobond to be included in or excluded from the BIST-KYD Corporate Eurobond USD and BIST-KYD Corporate Eurobond USD (TRY) Indices and they will continue to be calculated with the same list of constituents in the period December 2017.

UAE's Securities And Commodities Authority Announces Public Holidays For Financial Markets

Date 27/11/2017

UAE-based financial markets will be closed for holidays from Thursday, November 30, to Sunday, December 03

EEX Publishes 2018 Auction Calendar For Emission Allowances (EUA)

Date 27/11/2017

The European Energy Exchange (EEX) has published the calendar for the auctioning of EU emission allowances (EUA) for 2018 in coordination with the European Commission and the participating member states as well as with the competent German authorities.

SEC Announces Agenda For December 7 Investor Advisory Committee Meeting

Date 27/11/2017

The Securities and Exchange Commission today announced the agenda for the December 7 meeting of its Investor Advisory Committee. The meeting will begin at 9:30 a.m. in the Multipurpose Room at SEC headquarters at 100 F Street, N.E., Washington, D.C. and is open to the public.  The meeting will be webcast live and archived on the committee’s website for later viewing.

EBA Formally Repeals Its Guidelines On Retail Deposits Subject To Different Outflows For The Purpose Of Liquidity Reporting

Date 27/11/2017

On 10 February 2016, the European Commission adopted Regulation (EU) 2016/322 (Implementing technical standard – ITS – on reporting on Liquidity Coverage Ratio – LCR), which has become applicable as of September 2016 and adapted to the Commission LCR Delegated Regulation. As a result, the EBA decided to formally repeal its Guidelines setting out the criteria for identifying retail deposits subject to different outflows for the purpose of liquidity reporting, issued in December 2013, as they have been superseded by the LCR Delegated Regulation and are no longer applicable for liquidity reporting purposes. 

Russian Benchmark Officially Renamed The MOEX Russia Index

Date 27/11/2017

On 27 November 2017 the new name of the Russian stock market benchmark – MOEX Russia Index – officially came into effect. The index was formerly known as the MICEX Index.