News Centre

Luxembourg Stock Exchange Lists €690m High-Yield Bond From Swissport

Date 22/12/2015

The Luxembourg Stock Exchange (LuxSE) listed and admitted to trading on 22 December a high-yield bond issue from Swissport, the world's largest provider of ground and cargo handling services in the aviation industry.

Borsa İstanbul Announces The Constituent Changes To The BIST Equity Indices For The First Quarter Of 2016

Date 22/12/2015

All changes will be applied after the close of business on Thursday, 31 December 2015 and will be effective on Monday, 4 January 2016.

IOSCO Publishes Sound Practices At Large Intermediaries Relating To The Assessment Of Creditworthiness And The Use Of External Credit Ratings

Date 22/12/2015

The International Organization of Securities Commissions today published the final report on Sound Practices at Large Intermediaries Relating to the Assessment of Creditworthiness and the Use of External Credit Ratings.

IOSCO Reports On Business Continuity Plans For Trading Venues And Intermediaries

Date 22/12/2015

The Board of the International Organization of Securities Commissions (IOSCO) today published two reports that seek to enhance the ability of financial markets and intermediaries to manage risks, withstand catastrophic events, and swiftly resume their services in the event of disruption.

Moscow Exchange: Risk Parameters Change For The Securities

Date 22/12/2015

The following risk parameters for the securities URKA will be changed:

·         Lower REPO Penalty Rate (LPenRate)

Hong Kong's Securities And Futures Commission Bans Suen King Shan For Four Years

Date 22/12/2015

The Securities and Futures Commission (SFC) has banned Mr Suen King Shan from re-entering the industry for four years from 22 December 2015 to 21 December 2019 over breaches of the SFC’s Code of Conduct (Notes 1 & 2).

BSE: Suspension Of Companies As A Surveillance Measure

Date 22/12/2015

Trading Members are aware that, in past, SEBI had passed several orders against the concerned parties/companies, inter alia, in relation to unusual price movements vis -a- vis preferential issue price and weak financials of the company.

Japan's Financial Services Agency: Disciplinary Action Against An Audit Firm And Certified Public Accountants

Date 22/12/2015

On December 22, 2015, the FSA issued an administrative order to Ernst & Young ShinNihon LLC ("the firm"), suspending the firm from accepting new engagements for 3 months from January 1, 2016, to March 31, 2016 and requiring the firm to improve its operations, pursuant to Article 34-21(2) (ii) and (iii) of the Certified Public Accountants Act ("the Act"). The reason for the action is that partners of the firm had, in negligence of due care, attested the financial statements of TOSHIBA CORPORATION for FY2009, FY2011 and FY 2012 (for years that ended March 31, 2010, 2012 and 2013) containing material misstatements as if the statements contained no material misstatements and the firm’s operations are significantly inappropriate. In addition, the FSA issued an administrative order to suspend certified public accountants, who are the partners of the firm, from providing services for 1, 3, or 6 months, pursuant to the Article 30 (2) and (3) of the Act. The reason for the action is that they had, in negligence of due care, attested that above financial statements containing material misstatements as if the statements contained no material misstatements.

Investec Bolsters Its Defensive Suite Following Market Rout

Date 22/12/2015

Investec Structured Products is pleased to announce the launch of two new defensive plans that are linked to the FTSE 100 index: the FTSE 100 Defensive Growth Plan 1 and the FTSE 100 Defensive Kick-Out Plan 1.

Japan's Financial Services Agency: Commencement Of A Hearing Procedure Regarding Administrative Monetary Penalty Payment Order Against Ernst & Young ShinNihon LLC

Date 22/12/2015

On December 22, 2015, the FSA decided, pursuant to Article 34-21-2(1)(ii) of the Certified Public Accountants Act, to commence a hearing procedure regarding administrative monetary penalty payment order of 2,111 million yen against Ernst & Young ShinNihon LLC ("the firm"). The reason for the action is that partners of the firm had, in negligence of due care, attested that the financial statements of TOSHIBA CORPORATION for FY2011 and FY2012 (for years that ended March 31, 2012 and 2013) containing material misstatements as if they contained no material misstatements.