News Centre

ESMA: Final Report On The Clearing Obligation For Financial Counterparties With A Limited Volume Of Activity

Date 14/11/2016

Executive Summary

Reasons for publication

Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC Derivatives, CCPs and Trade Repositories (EMIR) requires ESMA to develop draft regulatory technical standards (RTS) in relation to the clearing obligation, in particular on the dates from when the clearing obligation takes effect. Following from this mandate, there are now three Commission Delegated Regulations on the clearing obligation that are based on draft RTS submitted to the European Commission by ESMA.

Fighting Financial Crime – Looking Forward And Back - Speech By Andrew Bailey, Chief Executive At The FCA, Delivered At The FCA Financial Crime Conference

Date 14/11/2016

It is sobering to remember that we are approaching the tenth anniversary of the start of the global financial crisis. Why is that of relevance to financial crime? Well, the last ten years have seen a number of crises, and in my view recent years have been associated with a crisis in financial conduct. Sadly, this has taken several forms – involving retail and wholesale consumer and users of financial markets. One, but only one, element of what we should describe as a misconduct crisis has involved financial crime in its various forms.

ESMA Asks Commission To Delay Central Clearing For Small Financial Counterparties

Date 14/11/2016

The European Securities and Markets Authority (ESMA) has published today its final report regarding the amended application of the clearing obligation that financial counterparties with a limited volume of activity in OTC derivatives need to comply with under the European Market Infrastructure Regulation (EMIR).

Effectiveness Of The AML Regime In Disrupting Financial Crime - Opening Comments By Rob Gruppetta, Head Of The Financial Crime Department At The FCA, For A Panel Discussion At The FCA Financial Crime Conference

Date 14/11/2016

Some of you might have seen or read our Executive Director, Megan Butler’s speech at the BBA’s financial crime conference on effectiveness and a key theme of that, and also of today, is the importance of working together across the industry and public sector to achieve that closer dialogue and information sharing.

Opening Bell Ceremony At TASE, Homering The Global Entrepreneurship Week

Date 14/11/2016

Yesterday morning (13.11.16), the Global Entrepreneurship Network participated in the Opening Bell Ceremony, celebrating the opening of the "Global Entrepreneurship Week", held in 160 countries across the world. 

ThinkMarkets Launch German Website

Date 14/11/2016

ThinkMarkets, a global multi asset brokerage, have today launched their new German website, catering to the requirements of the German speaking FX trading community.

SIX Swiss Exchange Welcomes KTM Industries AG

Date 14/11/2016

With the listing of KTM Industries AG (KTMI) one additional foreign company joins SIX Swiss Exchange.

Abu Dhabi Global Market Further Strengthens Its Commercial Courts With New Judges

Date 14/11/2016

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to announce the appointment of the Hon. Sir Michael Burton and the Hon. Sir Andrew Smith as Judges to Abu Dhabi Global Market Courts (ADGM Courts). The new Judges bring to a total of eight the number of highly experienced and respected judges appointed to ADGM Courts, with the Right Honourable Lord David Hope of Craighead KT as Chief Justice. ADGM Courts is one of the three independent authorities within ADGM.

EY CertifyPoint Awards ENSO ISO 27001:2013 Certification - ENSO Paves The Way For New Security Initiatives For ICAP

Date 14/11/2016

ENSO Financial Analytics (ENSO), a leading portfolio finance and treasury solution for hedge funds and prime brokers, has received the ISO (International Organization for Standardization) 27001:2013 Certification from EY CertifyPoint. This international certification specifically addresses ENSO’s Information Security Management System (ISMS) for all of ENSO solutions, validating that security policies for these applications have undergone in-depth testing and external independent audits and have met or exceeded the guidelines.

Dubai Financial Market Welcomes The Listing Of Kuwait’s National International Holding - The New Listing Reinforces DFM Position As The “Market Of Choice” For Kuwaiti Companies Looking For Dual Listing

Date 14/11/2016

Dubai Financial Market (DFM) today welcomed the listing of Kuwait’s National International Holding (NIH), as Mamdouh Al Shirbini, Chief Executive Officer of NIH rang the market opening bell in the presence of His Excellency Essa Kazim, Chairman of DFM and other representatives from both sides.