News Centre

Statement Of The IFRS Foundation Monitoring Board On The Appointment Of Mr. Erkki Liikanen As Chair Of The IFRS Foundation Trustees

Date 18/07/2018

The IFRS Foundation Monitoring Board is pleased to announce that it has approved the appointment by the IFRS Foundation Trustees of Mr. Erkki Liikanen as Chair of the Trustees.

ACER And ENTSOG To Clarify Implementation Of Virtual Interconnection Points For Gas

Date 18/07/2018

According to the EU Network Code on Capacity Allocation Mechanisms, Virtual Interconnection Points for trading gas have to be established by 1 November 2018. Virtual Interconnection Points are several physical points grouped together to allow users to buy a single capacity service.

Intercontinental Exchange Finalizes Acquisition Of Chicago Stock Exchange

Date 18/07/2018

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it has completed its acquisition of the Chicago Stock Exchange (CHX). Terms of the transaction were not disclosed. The financial impact of the acquisition is not material to ICE and will not impact capital return plans.

Tehran Stock Exchange Weekly Market Review From 14 July 2018 to 18 July 2018

Date 18/07/2018

Click here to download Tehran Stock Exchange's weekly market review.

Hong Kong's Securities And Futures Commission Bans Poon Chun Hing For 30 Months

Date 18/07/2018

The Securities and Futures Commission (SFC) has banned Mr Poon Chun Hing from re-entering the industry for 30 months from 18 July 2018 to 17 January 2021.

UK’s Financial Conduct Authority Response To The CMA’s Provisional Decision Report On Its Investment Consultants Market Investigation

Date 18/07/2018

We welcome the Competition and Markets Authority's (CMA's) in-depth work on competition in the market for investment consultancy and fiduciary management services. As part of our asset management market study, we referred this sector to the CMA for a detailed investigation because we had serious competition concerns.

ESMA Clarifies Endorsement Regime For Non-EU Credit Ratings

Date 18/07/2018

The European Securities and Markets Authority (ESMA) has published today supplementary guidance on the application of the endorsement regime for non-EU credit ratings under the Credit Rating Agencies Regulation (CRAR). In order to ensure that third-country credit ratings, which are endorsed for use by EU investors, meet requirements which are at least as stringent as those set out in CRAR, ESMA adds a new section to its Guidelines on Endorsement first published in November 2017.

UK's Competition And Markets Authority Proposes Pension Investment Reforms

Date 18/07/2018

The CMA has today proposed a number of reforms to the investment consultancy and fiduciary management sector after identifying a range of competition concerns.

ADX Announces Listing Of Wahat al Zaweya Holding PJSC Shares On Its Second Market

Date 18/07/2018

• HE Khalifa Bin Salem Al Mansouri: "ADX has a global infrastructure and setup for listing and trading across diversified financial instruments"
• Anas Atatreh: “We are delighted to be a part of ADX, this listing falls in line with the Company's continued growth since its foundation, and with its well-focused  and diversified investments specially the Real Estate development sector”

DTCC Plans To Open New Office In Dublin And Begins Recruitment Process - Global Financial Services Firm Will Extend Presence In Europe By Adding New Location In Ireland Ahead Of The UK’s Planned Withdrawal From The EU - Ministries For Business, Enterprise And Innovation As Well As Financial Services And Insurance Join IDA Ireland In Welcoming DTCC’s Move

Date 18/07/2018

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it intends to open a new office in Dublin, Ireland, to continue providing an authorised regulatory reporting service for clients in the EU27 and the UK as the UK advances towards a departure from the European Union (EU) in March 2019. DTCC offers a Global Trade Repository (GTR) service for over-the-counter and exchange traded derivatives reporting – the largest trade repository in the world.