News Centre

EBA Publishes The Report On SMEs And The SME Supporting Factor

Date 23/03/2016

The European Banking Authority (EBA) published today a Report on small and medium enterprises (SMEs) which analyses (i) the evolution of lending trends and conditions for SMEs, (ii) the effective riskiness of EU SMEs over a full economic cycle and (iii) the consistency of own funds requirements laid down in the Capital Requirements Regulation (CRR) for credit risk on exposures to SMEs. Overall, the results of the EBA analysis show limited effectiveness of the SME Supporting Factor (SF). However, more data is needed before drawing firm conclusions and, therefore, the EBA recommends continued monitoring of the application of the SF.

Ahli United Bank Limited Launches Operations In Dubai International Financial Centre As First GCC Bank With Category 1 License

Date 23/03/2016

Dubai International Financial Centre welcomed Ahli United Bank Limited (AUBL), a 100% subsidiary of Ahli United Bank B.S.C., which has launched operations at DIFC, AUBL is the first bank in the GCC region to receive the Category 1 license from the Dubai Financial Services Authority (DFSA). 

Borsa İstanbul: Derivatives Market (VIOP) Operation Principles Amendments

Date 23/03/2016

Derivatives Market (VIOP) Operations Principles Circular no. 433 dated July 19, 2013 is amended as explained below.

• Order cancellations in FX and gold derivatives will be exempt from “voluntary order cancellation fee” calculations. This change will be effective from April 1, 2016. 

• The number of substitute members in both the Settlement Price and Corporate Actions Committees is increased from three to six. 

EBA Acknowledges Notification From Finansiel Stabilitet In Respect Of The Sale Of Andelskassen J.A.K. Slagelse

Date 23/03/2016

The EBA has received a notification from Finansiel Stabilitet (Danish Resolution Authority) in respect of the sale of Andelskassen J.A.K. Slagelse, an institution that was put under its control in the context of the application of resolution measures.

EEX Certifies DEVnet As Certified Service Provider (CSP)

Date 23/03/2016

DEVnet GmbH has been registered as Certified Service Provider for the EEX transparency platform in March 2016.

EBA Seeks Input At National Level On FINREP And GAAP

Date 23/03/2016

The European Banking Authority (EBA) launched today a public consultation on reporting financial information using Generally Accepted Accounting Practices (GAAP) across EU jurisdictions. This is a decentralised public consultation, which takes place through National Competent Authorities across the EU and not through the EBA, so as to allow for a better informed discussion on questions that may be specific to the individual jurisdictions across the EU. All interested stakeholders can provide feedback directly to their National Competent Authorities (NCAs) by 15 April 2016.

Moscow Exchange: Platform UTINET.RU Ords To Be Removed From MICEX Innovation Index

Date 23/03/2016

Platform UTINET.RU ords will be removed from the MICEX Innovation Index on 25 March 2016 due to the transfer of the security to the Sector of the companies with high investment risk.

Remarks Before The 12th Annual Life Sciences Accounting And Reporting Congress, James V. Schnurr, Chief Accountant, SEC Office Of The Chief Accountant, Philadelphia, PA, March 22, 2016

Date 23/03/2016

The Securities and Exchange Commission, as a matter of policy, disclaims responsibility for any private publication or statement by any of its employees. The views expressed herein are those of the author and do not necessarily reflect the views of the Commission or of the author’s colleagues upon the staff of the Commission.

Nigerian Stock Exchange Set To Host “Building African Financial Markets (BAFM)” Seminar And ASEA Board Meeting

Date 23/03/2016

The Nigerian Stock Exchange (NSE), in conjunction with the African Securities Exchanges Association (ASEA), is set to host the 5th Building African Financial Markets (BAFM) seminar from Thursday 28th to Friday 29th of April, 2016 and ASEA Exco (Board) meeting on April 30th.

CFTC Orders JPMorgan Ventures Energy Corp. And JPMorgan Chase Bank, N.A. To Pay A $225,000 Penalty For Inaccurate Large Trader Reports For Physical Commodity Swaps Positions

Date 23/03/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against JPMorgan Ventures Energy Corp. (JPMVE) and JPMorgan Chase Bank, N.A. (JPMCB) (collectively, Respondents), for failing to comply with their obligations to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of the Commodity Exchange Act (CEA) and CFTC Regulations 20.4 and 20.7.