News Centre

United Kingdom Parliament Treasury Committee Update: Chair Seeks Commitment From FCA Not To Increase Costs

Date 28/07/2016

Rt Hon. Andrew Tyrie MP has written to John Griffith-Jones, Chairman of the Financial Conduct Authority (FCA), seeking a further commitment from the regulator not to increase its costs without a clear and adequate explanation to Parliament. This follows a breach of the PCBS' recommendation on FCA costs in 2015/16.

SEC Obtains Asset Freeze In Case Of Investor Funds Stolen For Shopping Sprees

Date 28/07/2016

The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly develop a resort.

US Treasury: Joint Statement On U.S.-EU Negotiations For A Bilateral Agreement On Insurance And Reinsurance Measures

Date 28/07/2016

The United States and the European Union today released the following joint statement on negotiations for a bilateral agreement on insurance and reinsurance measures: 

Financial Stability Board: Nordic Experience Of Cooperation On Cross-Border Regulation And Crisis Resolution

Date 28/07/2016

This report from the Regional Consultative Group (RCG) for Europe considers the experience of cross-border regulation and crisis resolution in the Nordic countries. It finds that he Nordic banking system is highly integrated and may provide an example of how cross-border banks may influence the interaction between national authorities. The merger of four large national banks into the Nordea bank in 2001 led to a phase of enhanced cooperation on cross-border regulation and crisis resolution among the Nordic central banks and supervisory authorities. Several Nordic Memoranda of Understanding (MOU) on financial stability were completed in the following years. A broader MoU focusing on crisis management and also including the ministries of finance was signed after the 2008 crisis based on the then agreed European Union MoU for cross-border banking groups. The implementation of the Basel III framework subsequently led to enhanced cooperation on reciprocity arrangements.

BME Approves The Distribution Of A Gross €0.40 Per Share Interim Dividend - To Be Paid On September 16th

Date 28/07/2016

The Board of Directors of BME today agreed to distribute a gross €0.40 per share dividend on September 16, its first interim dividend against 2016 earnings.

Bolsa De Valores De Colombia (BVC) Extends Trading Technology Contract With Nasdaq - BVC Marketplace To Implement Major Modifications To Trading Engine, Which Operates Multi-Asset Classes And Multi-Currency Trading

Date 28/07/2016

Nasdaq, Inc. (Nasdaq:NDAQ) and the Bolsa de Valores de Colombia (BVC) today announced the extension of their current trading technology contract for an additional seven years. This extension is part of BVC’s ongoing initiative to continue strengthening its position in both the regional and international exchange arena.

BME: MAB Welcomes VozTelecom

Date 28/07/2016

MAB today welcomed VOZTELECOM to its segment for growth companies. It is the thirteenth company to join MAB so far this year.

Nasdaq Stockholm Orders Nordic Mines To Pay A Fine Corresponding To Seven Annual Fees

Date 28/07/2016

The Disciplinary Committee of Nasdaq Stockholm (“the Exchange”) has ruled that Nordic Mines AB (“Nordic Mines”) has breached Nasdaq Stockholm’s Rule Book for Issuers (“the Rule Book”) and has therefore ordered Nordic Mines to pay a fine of SEK 1,435,000, corresponding to seven annual listing fees.

BGC Partners Reports Second Quarter 2016 Financial Results - BGC Declares Quarterly Dividend - Conference Call To Discuss Results Scheduled For 10:30 AM ET Today

Date 28/07/2016

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"), a leading global brokerage company servicing the financial and real estate markets, today reported financial results for the quarter ended June 30, 2016.

Business Banking Insight Website Seeks To Enhance Competition And Transparency In The Banking Sector

Date 28/07/2016

• New website will help ensure that Britain’s businesses and consumers can benefit from high quality banking products and services.