News Centre

U.S. Attorney General Loretta E. Lynch Statement On Agreement With BP To Settle For The Deepwater Horizon Oil Spill

Date 05/04/2016

Following the order today by U.S. District Judge Carl J. Barbier to enter the consent decree settling United States of America v. BP Exploration & Production Inc., et al., Attorney General Loretta E. Lynch released the following statement:

“The approval of this agreement will open a final, hopeful chapter in the six-year story of the Deepwater Horizon tragedy,” said Attorney General Loretta Lynch.  “Today’s action holds BP accountable with the largest environmental penalty of all time while launching one of the most extensive environmental restoration efforts ever undertaken.  I want to thank everyone who made this outcome possible, including my predecessor, Attorney General Eric Holder, and the federal agencies and states that developed the comprehensive restoration plan.  The Department of Justice will continue to stand with the people of the Gulf as they seek to rebuild and protect the marine life, coasta

NZX March 2016 Shareholder Metrics

Date 04/04/2016

Please find attached shareholder metrics for March 2016.

U.S. Treasury Announces Additional Action To Curb Inversions, Address Earnings Stripping - Releases Updated Framework For Business Tax Reform As Model For Future Action

Date 04/04/2016

Today, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued temporary and proposed regulations to further reduce the benefits of and limit the number of corporate tax inversions, including by addressing earnings stripping. By undertaking an inversion transaction, companies move their tax residence overseas to avoid U.S. taxes without making significant changes in their business operations. After an inversion, many of these companies continue to take advantage of the benefits of being based in the United States, while shifting a greater tax burden to other businesses and American families.

Mizuho Is No. 1 On Institutional Investor's All-Japan Research Team For A Third Year Running - UBS Is Highest-Ranked Non-Domestic Firm In Annual Ranking Of Leading Sell-Side Analysts

Date 04/04/2016

Mizuho Securities Group celebrates a third straight year atop the All-Japan Research Team, Institutional Investor's exclusive annual ranking of the nation's leading sell-side equity analysts.

Remarks By U.S. Treasury Secretary Jacob J. Lew On A Press Conference Call Regarding Announcement On Corporate Tax Inversions

Date 04/04/2016

Today, Treasury is announcing our latest action to limit inversions as well as action to address earnings stripping, a commonly used technique to minimize taxes after an inversion.

BGC Partners, Inc.: BGC Partners' First Quarter 2016 Financial Results Announcement To Be Issued Prior To Market Open On Wednesday, April 27, 2016

Date 04/04/2016

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that it plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Wednesday, April 27, 2016.

CFTC Approves Proposed Guidance Relating To The Appropriate Treatment Of Certain Electric Power And Natural Gas Contracts

Date 04/04/2016

The U.S. Commodity Futures Trading Commission (CFTC) today approved proposed guidance relating to the appropriate treatment of certain electric power and natural gas contracts. The unanimous vote was conducted via seriatim.

Remarks Of Anjan Mukherjee, Counselor To The Secretary And Deputy Assistant Secretary For Financial Institutions, At The Federal Reserve Bank Of Boston’s Cybersecurity Conference 2016

Date 04/04/2016

Thank you for having me here today as part of your conference on cybersecurity.  The various topics that speakers are addressing today—from emerging technologies and blockchain to board-level engagement—are also among ones at the forefront of our thinking at Treasury.  The holistic way in which you are engaging on the subject of cybersecurity is an approach that I want to continue in my remarks. 

Statement Of CFTC Chairman Timothy Massad On Proposed Guidance On Certain Natural Gas And Electric Power Contracts

Date 04/04/2016

Today, the CFTC and the Securities and Exchange Commission (SEC), have jointly proposed guidance relating to the appropriate treatment of certain peaking supply and capacity contracts. We are issuing this guidance after considering the useful input we have received from market participants expressing concern about this issue. I support this proposal, as it will properly clarify the treatment of contracts used by many businesses with respect to the supply and delivery of electric power and natural gas.

UK’s Financial Conduct Authority: Countercyclical Buffer Rate For The UK: Proposed Approach

Date 04/04/2016

We set out our proposed approach to the interaction between our capital planning buffer (CPB) and the capital buffers required under the CRD IV during the transition period from 1 January 2016 to 1 January 2019.