News Centre

EBA Acknowledges Report By ENISA On Cloud Services In The EU Banking Sector

Date 08/12/2015

Following a workshop on cloud services in the banking sector jointly hosted with the European Banking Authority (EBA) in London, the European Network and Information Security Agency (ENISA) has issued a report including a number of recommendations for the secure adoption of cloud computing in the banking sector at the EU level.

CFTC Divisions Issue Extension Of Time-Limited No-Action Relief From Certain Recordkeeping Requirements Under Commission Regulations

Date 08/12/2015

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight and Division of Market Oversight today issued a no-action letter extending the relief in CFTC Staff Letter No. 14-147 (Letter 14-147), which is set to expire on December 31, 2015.

EBA Benchmarks Approaches On Scenarios In Recovery Plans

Date 08/12/2015

The European Banking Authority (EBA) published today a comparative report on the approaches taken by a sample of European banking groups on scenarios in recovery plans. This benchmarking exercise is aimed at supporting national competent authorities and institutions by providing them with an overview of how scenarios included in recovery plans have been developed so far.

EBA Launches Consultation On FINREP Using IFRS 9

Date 08/12/2015

The European Banking Authority (EBA) launched today a consultation on the reporting of financial information for institutions using IFRS (FINREP IFRS). The proposed amendments follow the finalisation of IFRS 9 by the IASB in July 2014 and aim at collecting early industry views on changes that IFRS 9 would trigger to FINREP. This consultation is distinct from the on-going IFRS 9 endorsement process and does not relate to financial information reported by institutions using national generally accepted accounting practices (GAAP). The consultation will run until 8 March 2016. 

Direxion Uses ISE-REVERE Natural Gas™ Index (Index Ticker: FUM) For New Leveraged ETF

Date 08/12/2015

ISE ETF Ventures today announced that it has licensed the ISE-REVERE Natural Gas Index (index ticker: FUM) to Direxion Investments for a new exchange-traded fund (ETF) that seeks to achieve 300 percent of the inverse of FUM’s daily performance. The ETF launched on December 3 on NYSE Arca.

Enternext's European Tech Ecosystem Comes Out In Force For Its Second Tech Conference

Date 08/12/2015

EnterNext, the Euronext subsidiary designed to promote and grow the market for small and medium-size entreprises (SMEs), today held its second pan-European EnterNext Tech Conference with the presence of Emmanuel Macron, French Minister for the Economy, Industry and Digital Affairs. This go-to event gathered many representatives of Europe’s tech ecosystem. The programme included a review of progress on the bold initiatives announced last year, aimed at ramping up innovative companies’ use of financial markets to secure the funds they need. EnterNext also gave participants a preview of Enter the Next Stage, its new digital platform for entrepreneurs and investors. Alongside the main event, an Investors Forum featured companies awarded the Tech 40 label.

Borsa İstanbul Stakeholders Approve Share Transfer To The EBRD - Borsa İstanbul Holds Extraordinary General Assembly

Date 08/12/2015

Borsa İstanbul General Assembly convened at its Conference Hall in its Emirgan campus on Monday, December 7, 2015.

In the opening of the meeting, the national anthem of Turkey was sung and a moment of silence was observed. Meeting Secretariat was established and the Meeting Chairman was authorized to sign the minutes of the meeting and the participation list.

Examining The Future Of Anti-Money Laundering Regulations - Speech By Rob Gruppetta, Head Of The Financial Crime Department, FCA, Delivered At The Accuity AML Risk Reduction And Compliance Europe Conference On 8 December 2015

Date 08/12/2015

“Thank you for the opportunity to be here this morning to talk about the future of the anti-money laundering regulations.

Fourth money laundering directive

It is a good time to discuss this important topic. The new European money laundering directive is now out, and, as a result of this, we in the UK will need to upgrade our own domestic legislation, and the associated guidance and regulatory rules, over the next couple of years. The government will soon publish a consultation paper looking at how the UK will put the new European requirements into effect.

FTSE4Good Semi-Annual Review December 2015

Date 08/12/2015

• Volkswagen AG suspended from the FTSE4Good Index Series
• 40 new companies added to the Global Index
• 16 additions from USA; 4 each from UK and Japan

"Joint Elements" From U.S.-EU Cyber Dialogue, 7th December 2015

Date 08/12/2015

On the occasion of the second meeting of the U.S.-EU Cyber Dialogue in Washington, DC on December 7, 2015, the participants jointly affirmed specific areas of collaboration and cooperation as follows:

International Security in Cyberspace

The participants welcomed the landmark consensus of the 2014-2015 Group of Governmental Experts on Developments in the Field of Information and Telecommunications in the Context of International Security, including the affirmation of the applicability of existing international law to cyberspace and the articulation of norms of responsible state behavior in cyberspace. They supported the continuation of this process and its central role to further define how international law applies to cyberspace. Both sides also affirmed the importance of developing confidence building measures within the Organization for Security Cooperation in Europe, welcomed the continued implementation of the first set, and urged agreement on further sets of confidence building measures in order to reinforce cooperation, build trust, and reduce the prospects for conflict in cyberspace. They commended efforts to expand similar activities in other regional fora such as the ASEAN Regional Forum and the Organization for American States through workshops and other engagements.  Further, participants welcomed the G20 Summit Leaders Statement on the digital economy where leaders committed to help ensure an environment in which all actors are able to enjoy the benefits of secure use of ICTs.