ICE Benchmark Administration Announces Bank of China as a Direct Participant to the Gold Auction
June 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that Bank of China has been approved by ICE Benchmark Administration (IBA) to participate in the gold auction which is used to determine the ...
ESAs publish responses to consultation on Guidelines for cross-selling practices
May 14th, 2015
These Guidelines developed by the Joint Committee of the ESAs further develop how EU firms engaged in cross-selling practices in the financial sector should comply with the general conduct of business standards expected towards customers. Their aim is to ...
Enternext Launches Tech 40 Label to Promote Innovative European Companies
April 28th, 2015
EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs, today announced the launch of Tech 40, a label recognising innovative European SMEs listed on the markets it covers. Each year Tech 40 will allow 40 ...
Bank of England publishes details of 2015 stress test for largest UK banks and building societies
March 30th, 2015
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has been agreed by the Financial Policy Committee (FPC) and Prudential ...
FCA lambasted by MPs over insurance market panic
March 27th, 2015
The Financial Conduct Authority has still not learnt from last year’s calamitous “pre-briefing” of insurance market reforms, and its chief executive, Martin Wheatley, is still in denial about what went wrong, a committee of MPs warns today. The Treasury ...
SFO launches investigation into Bank of England liquidity auctions
March 5th, 2015
It is unclear whether the Bank’s employees are suspected of involvement in any attempt to rig the auctions, used as emergency lending during the credit crisis The Bank of England has, today, issued the following statement: “Following the ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
FCA sets out approach to Non-Executive Directors and the Senior Managers Regime
February 23rd, 2015
Non-Executive Directors (NEDs) with specific responsibilities, such as Chairman, will come under the new Senior Managers Regime (SMR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) confirmed today. Following a detailed consultation across industry and with stakeholders ...
HSBC whistleblower spills Lynch evidence to Senate
February 19th, 2015
Massive drug, terrorism scandal ropes in Obama’s AG nominee The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision ...
