News Centre

SEC: Long Island Town And Former Top Official Charged With Defrauding Municipal Investors

Date 21/11/2017

The Securities and Exchange Commission today charged Oyster Bay, New York, and its former top elected official with defrauding investors in the town’s municipal securities offerings by hiding the existence and potential financial impact of side deals with a businessman who owned and operated restaurants and concession stands at several town facilities.

EBA Welcomes Council Decision On Its Relocation

Date 21/11/2017

The European Banking Authority (EBA) welcomes the Council's decision on its relocation to Paris, in light of the UK's intention to withdraw from the EU. This is an important decision for the Authority that guarantees a seamless continuation of its activities by reassuring its current and future staff over the new location and putting an end to a period of uncertainty. The EBA is confident that France will support the Authority to ensure a smooth transition, which is crucial to continue delivering on its mission objectives of maintaining financial stability in the EU and safeguarding the integrity, efficiency and orderly functioning of the banking sector. 

The Amman Stock Exchange Has Issued The Second Brochure "Sustainability 2"

Date 21/11/2017

The Chief Executive Officer (CEO) of the Amman Stock Exchange (ASE) Mr.Nader Azar said that as the ASE joined the Sustainable Stock Exchanges Initiative (SSE) in 2016, which aims to increase awareness of sustainable development objectives related to environmental protection, social responsibility and corporate governance. And following the Issuance of the first brochure on sustainability this year, which included important information related the concept, history and benefits of sustainable development, the ASE has issued the second brochure on 'Sustainability', In order to increase the awareness of the listed companies and all other related parties of the importance of sustainability and the importance of preparing sustainability reports.

ADX Announced Recently That It Has Joined The International Securities Services Association (ISSA)

Date 21/11/2017

Abu Dhabi Securities Exchange (ADX), the region's leading financial market, announced recently that it has joined The International Securities Services Association (ISSA), thus becoming the first financial market in the MENA region to become a member of the renowned organization. This new membership affirms ADX keenness to align its regulatory practices with those of international financial markets. It also assures ADX’s commitment to promote financial stability and growth in the emirate by maintaining the highest standards of practice in financial services as part of its commitment to Abu Dhabi Plan and towards the continuous development of financial performance

EBA Observes Good Progress In Implementation Of SREP Guidelines But Challenges Remain In Convergence Of Capital Adequacy Assessments And Determination Of Pillar 2 Requirements

Date 21/11/2017

Moscow Exchange: Risk Parameters Change For The Securities

Date 21/11/2017

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

Vienna Stock Exchange Puts Limelight On Financial Knowledge – New Teaching Materials For Schools

Date 21/11/2017

The Vienna Stock Exchange actively supports financial education, and at today's GEWINN InfoDay event, it presented its financial education kit. The materials, which include basic information, tasks, posters, and educational videos, are designed for specific target groups and drafted to cover 50-minute teaching units for use in class without requiring any adaptation by teachers. The five modules support the acquisition of competence on the theme of investments. Austria still has a lot of potential for catching up with respect to financial education. The materials were developed in collaboration with the Initiative for Teaching Entrepreneurship (IFTE), which is the competence center for economic and business education of the college KPH Wien/Krems, and with graphic designers and video experts.

Oslo Børs: Millennium Exchange Release 9.2 - Reminder Regarding Go-live Readiness Confirmation

Date 21/11/2017

We would like to remind all customers to confirm that they are ready for the Oslo Børs upgrade to Millennium 9.2 this weekend. Please confirm by completing and submitting the Go-Live confirmation form, preferably by the end of Wednesday 22 November. 

Hong Kong's Securities And Futures Commission: HSBC Private Bank (Suisse) SA Fined HK$400 Million For Systemic Failures In Selling Structured Products

Date 21/11/2017

HSBC Private Bank (Suisse) SA, the Hong Kong branch of the Switzerland-based private banking business of HSBC Group, has been fined a record sum of HK$400 million after the Securities and Futures Appeals Tribunal (SFAT) upheld the SFC’s disciplinary action against the bank for material systemic failures in relation to the sale of derivative products – namely, Lehman Brothers-related Notes (LB-Notes) and Leveraged Forward Accumulators (FAs) – in the run-up to the global financial crisis in 2008.

HKEX Announces Update On Capital Adjustment To Wharf Options and Futures

Date 21/11/2017

Following up on its 7 November 2017 news release “Arrangements of Wharf Holdings Structured Products, Futures And Options Need to be Adjusted”, Hong Kong Exchanges and Clearing Limited (HKEX) announced today (Tuesday) that with a view towards protecting market integrity and maintaining an orderly market, and after consultation with the Securities and Futures Commission (SFC) pursuant to the applicable Trading Rules, it will apply a minimum value of 0.25 to the Adjustment Ratio (AR) of the Capital Adjustment to The Wharf (Holdings) Ltd (Wharf) Options and Futures.