News Centre

EBA Publishes Guidelines On Cooperation Agreements Between Deposit Guarantee Schemes

Date 15/02/2016

The European Banking Authority (EBA) published today its final Guidelines on cooperation agreements between deposit guarantee schemes (DGSs). These Guidelines include a multilateral cooperation framework agreement and minimum prescriptions to promote the rapid and consistent conclusion of cooperation agreements between DGSs, as provided under the new Deposit Guarantee Schemes Directive (DGSD).

Former ECB President Jean-Claude Trichet Speaks At ESM Conference

Date 15/02/2016

ESM Managing Director Klaus Regling welcomed former ECB President Jean-Claude Trichet to the second ESM Conference to discuss ‘Economic, Fiscal and Financial Governance of the Euro Area: Lessons from the Crisis’. Speaking before an audience of financial professionals and policymakers in Luxembourg’s Philharmonie, Mr Trichet underscored the need to make Economic and Monetary Union (EMU) more robust, and laid out his views on the need for further integration of the Euro area and the European Union.

Cairo Amman Bank Weekly Amman Stock Exchange Report

Date 15/02/2016

Click here to download Cairo Amman Bank's weekly Amman Stock Exchange report.

Deutsche Börse Cash Market: New PowerShares ETF On Xetra Combines Dividend And Low-Volatility Strategy - ETF Tracks High-Dividend Euro Zone Companies With Low Volatility

Date 15/02/2016

A new index fund from the ETF offering of PowerShares Global Funds has been tradable on Xetra and Börse Frankfurt since Monday, 15 February. 

Bursa Malaysia Securities Reprimands, Fines And Suspends Long Jin Seng For Engaging In Manipulative Dealing Activities

Date 15/02/2016

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM30,000 and suspended/restricted (as the case may be) Long Jin Seng (LONG) for 6 months as/from being a Registered Person of Bursa Malaysia Securities, for engaging in manipulative dealing activities in the securities of 8 counters (the 8 Counters), namely:-

Japan’s Financial Services Agency: The Third Meeting Of The Working Group On Corporate Disclosure Of The Financial System Council

Date 15/02/2016

The Working Group on Corporate Disclosure of the Financial System Council will hold its third meeting on February 19th, 2016 as follows.

From February's Trading Places: In Patrick’s Opinion - Blockchain’s Distributed Bubble - Party Like It’s Y2K Seems To Be The Order Of The Day Watching Those On The Blockchain Bandwagon, Muses Our Columnist, Patrick L Young

Date 15/02/2016

Funny things cycles. Even odder thing, the weird way cycles impact the world of finance and indeed the parish of exchanges. Way back when, I spent more than a few months being roundly abused by the middle management (sometimes even those apparently in charge) of various market entities, for having the temerity to endorse, well the vaguest vestiges of what we now take for granted as the digital world. Of course, in the land of the blind being vindicated is usually only one single sided blink away and sure enough... Leaf through a tome from the period, say “Capital Market Revolution!” of 1999 & you soon find a tome nowadays making clear sense that the younger generation can’t see what the analogue anybody made a fuss about.

Better Finance: EU Authorities Must Disclose The Falsely Active Funds (“Closet Indexers”) They Identified

Date 15/02/2016

On 11 February 2016 Better Finance sent an open letter to the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) and to the Commissioner for Financial Stability, Financial Services and Capital Markets Union to request that the European Securities and Markets Authority (ESMA) follow up on its release of the results of its investigation into falsely active equity UCITS funds, and actually disclose the names of the hundreds of funds that it highly suspects of engaging in “closet indexing” and therefore of misleading investors.

Comment By John Thanassoulis, Professor Of Financial Economics At Warwick Business School: HSBC Decision Good News, But Is UK Government Playing Into Banking Sector's Hands?

Date 15/02/2016

Commenting on HSBC opting to stay in London rather than move abroad, John Thanassoulis, Professor of Financial Economics at Warwick Business School and an expert on the banking sector, has made the following statement:

"This is great news for the UK: It safe guards London's position as a global centre of Finance and so protects the jobs in professional services and banking which deliver the financial services."

Powernext And ECC To Introduce Measures To Further Strengthen Liquidity In TTF Futures On PEGAS

Date 15/02/2016

Powernext and the clearing house European Commodity Clearing (ECC) are to introduce a series of new measures throughout 2016 in order to further accelerate the positive development of theTTF futures market.