News Centre

Abu Dhabi -Based Fund Manager Launches First Ever GCC Equities Strategy For International Investors

Date 26/05/2016

• Equities offer unique long term opportunities in UAE and Saudi equities markets
• Eshara CEO eyes upcoming privatisation of Saudi Aramco and plans to boost non oil sector growth under Saudi Arabia Vision 2030 plan

Bank Of England: Record Of Financial Policy Committee Meeting Held On 13 May 2016

Date 26/05/2016

• ​At its meeting on 13 May, the Financial Policy Committee (FPC) reviewed the responses to its January 2016 consultation paper on the systemic risk buffer (SRB) framework.
• Having reflected on those responses, the Committee decided to adopt as final a framework that was broadly the same as that on which it had consulted.
• The only addition was the FPC agreed to supplement the SRB framework with the following Recommendation to the Prudential Regulation Authority (PRA):

Bursa Malaysia Securities Advises Investors To Exercise Caution In The Trading Of Versatile Creative Berhad (“Versatl”) Shares

Date 26/05/2016

Bursa Malaysia Securities wishes to draw investors' attention to the recent surge in price of VERSATL and to the company’s responses to the Unusual Market Activity ("UMA") queries issued by Bursa Malaysia Securities on 5 May 2016 and 26 May 2016.

Trinidad And Tobago – London Calling

Date 26/05/2016

Trinidad & Tobago is making great strides to become a recognised international financial centre (IFC). Acknowledging how vital it is to network with international contacts and develop expertise, the Trinidad and Tobago IFC hosted a breakfast meeting in London on May 03rd, 2016 for members of the press and thought-leaders in the financial services community, to outline some of the main features of the financial centre being created.

CME Group's Terry Duffy To Appear Before Illinois House Revenue Committee To Maintain That A Financial Transaction Tax Would Hurt The State's Economy, Drive Away Jobs And Increase Costs For Consumers Worldwide

Date 26/05/2016

CME Group Executive Chairman and President Terry Duffy will appear before the Illinois House Revenue and Finance Committee today to discuss how imposing a proposed tax on financial transactions would harm Illinois consumers, agricultural producers, businesses and the state economy.

Inquiry: Transparency Of EU Council Decision Making - European Scrutiny Committee - The Lid Must Be Lifted On Council Decision Making - There Should Be Far More Transparency, Particularly About Negotiations Conducted By Officials

Date 26/05/2016

The great majority of European legislation is proposed by the Commission and agreed by the European Parliament and the European Council, in which all Member State Governments take part. The process for agreement at Council is complex, and can include discussions at one of the 150 working groups at official level, and at the ambassadorial level in COREPER before being agreed by Ministers at Council level. 

Gunvor Singapore Closes Asian RCF Oversubscribed At More Than US $1 Billion

Date 26/05/2016

Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor" or the "Company"), has closed a US $1,041 million Syndicated Revolving Credit Facilities (the "Facilities"), which will support new activities and existing operations in the Asia Pacific. The Facilities launched at US $750 million, and as a result of strong support closed oversubscribed by almost 40 percent.

Keynote Address Of CFTC Commissioner J. Christopher Giancarlo Before The American Cotton Shippers Association Annual Conference - “American End-Users Should Not Be Collateral Damage”

Date 26/05/2016

Good morning, ladies and gentlemen. Thank you for your warm welcome. Before I begin, let me say that my remarks reflect my own views and do not necessarily constitute the views of the Commodity Futures Trading Commission (CFTC or Commission), my fellow CFTC commissioners or the CFTC staff.

Instinet Europe Names Richard Parsons CEO

Date 26/05/2016

Instinet Incorporated (Instinet) today announced that Richard Parsons will become CEO of Instinet Europe Limited (Instinet Europe), subject to regulatory approval.

Thomson Reuters Pledges Full Support For FX Market Global Code Of Conduct In The Interests Of Fair And Efficient Markets - First Phase Of Global Code Has Been Published By The Bank For International Settlements Today To Raise Standards Of Conduct In The FX Market

Date 26/05/2016

Thomson Reuters has publicly pledged its full support for the global code of conduct (Global Code) for FX markets following publication of the first phase of the code by the Bank for International Settlements (BIS) today. Thomson Reuters has played an active role in the development of the Global Code through its membership of the Market Participants Group (MPG) and through participation in regional committees.