News Centre

Autorité Des Marchés Financiers: Cyber Risks - Financial Institutions Concerned About Cyber Risks

Date 18/05/2016

Financial institutions operating in Québec are concerned about the cybersecurity threats facing them. They are adopting concrete measures to protect their operations while recognizing that further efforts are needed to improve their practices.

NYSE - Technical Issue Resolved

Date 18/05/2016

NYSE experienced a technical issue in one trading unit, which affected a subset of symbols listed on the NYSE Market Status website here. All open orders, including MOC and LOC orders, were cancelled. Trading has resumed in those symbols at 1:17 pm ET and all systems are now operating normally.

Minutes Of The Federal Open Market Committee, April 26-27, 2016

Date 18/05/2016

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 26-27, 2016.

Semi - Annual Review Of ATHEX Index Series

Date 18/05/2016

ATHEX Index Series Advisory Committee approved today the following changes in the composition of the ATHEX Index Series, taking into consideration the results of the review for the period October 2015 - March 2016.

Bahamas International Securities Exchange Executive Speaks At The Caribbean Group Of Securities Regulators Conference

Date 18/05/2016

Chief Operating Officer of The Bahamas International Securities Exchange (BISX), Mr. Holland Grant, recently took part in the 12th Annual Conference and Workshop organised by the Caribbean Group of Securities Regulators and hosted by The Securities Commission of The Bahamas. This conference which focused on Regional Capital Market Development and Regulation was held at the British Colonial Hilton 20 – 22 April, 2016 and brought together securities regulators from over 20 countries and territories to discuss common issues related to Securities Regulation.

Emirates NBD Signs Partnership Agreement With Hawkamah Institute For Corporate Governance

Date 18/05/2016

Emirates NBD, one of the leading banks in the region,  has signed a partnership agreement with Hawkamah Institute for Corporate Governance to promote best practices of Corporate Governance in the UAE. The agreement reflects Emirates NBD’s commitment to furthering Corporate Governance, not only at the bank level, but also at the national level.

New York State Department Of Financial Services Announces Settlement With Two Debt Buyers Resulting In $3 Million of Restitution To Thousands Of New York Consumers - National Credit Adjusters To Pay $200,000 Penalty And CKS To Pay $25,000 Penalty For Collecting On Illegal Payday Loans

Date 18/05/2016

The New York State Department of Financial Services (DFS) announced today that it has entered into consent orders with two debt buyers, National Credit Adjusters, LLC (NCA) and Webcollex LLC (doing business as CKS), resulting in restitution of $3 million to New York consumers. NCA and CKS improperly purchased and collected on illegal payday loans from New York consumers. As part of the restitution, NCA will discharge more than $2.26 million in New York consumers’ payday loan debts and provide refunds totaling $724,577 to more than 3,000 New Yorkers.  CKS will issue $66,129 in refunds to the 52 New York consumers affected by its unlawful practices, as well as discharge $52,941 in debt to 106 New Yorkers. Today’s settlements represent the first DFS settlements to provide consumer restitution to New York consumers harmed by payday loans.

Solactive Joins Forces With Sarasin & Partners LLP On The Sarasin Systematic Efficient Indices

Date 18/05/2016

Solactive AG is pleased to join forces with Sarasin & Partners LLP on Sarasin’s Systematic Efficient Approach Indices (SSEA Indices), a family of indices which seek to outperform the market - cap over the medium-long term and across multiple market cycles. SSEA Indices are designed to provide core building blocks for asset allocators to achieve core exposure, diversification and access to three proven risk premia: momentum, low volatility and size. The current range includes indices constructed to outperform the respective country benchmarks.

Hong Kong's Securities And Futures Commission: Takeovers Panel Rules On Breach Of Takeovers Code By A Subsidiary Of Alibaba Group Holding Limited

Date 18/05/2016

The Takeovers and Mergers Panel (Takeovers Panel) today published its written decision setting out the reasons for its ruling that Alibaba Group Holding Limited (Alibaba Group) has breached the Takeovers Code in its acquisition of CITIC 21CN Company Limited (CITIC 21CN), later renamed as Alibaba Health Information Technology Limited (Notes 1, 2 & 3).

Indexing Forum 2016 With SIX Swiss Exchange

Date 18/05/2016