Search Results for: ESMA
German Finance Ministry: Greece has yet to submit a detailed reform list
March 30th, 2015
Jaeger also noted that the date of the Eurogroup meeting has not been set yet. Martin Jaeger, the spokesman of the German Finance ministry, said on Monday that the Greek Government has not submitted yet a detailed list with ...
Derivatives under MiFID II: Time for equal access
March 26th, 2015
Verena Ross, Executive Director of ESMA, recently delivered a keynote speech to the ABA/Law Society Capital Markets Conference in London. Her speech focused on the importance of increasing transparency in MiFID II “in a manner that does not “damage”, ...
Greece fails to convince Europe on EUR 1.2 bn payment
March 26th, 2015
Greece does not have the right to 1.2 billion euros ($1.3 billion) it believed it mistakenly returned to the eurozone‘s bailout fund, an spokesman for the fund said Wednesday after talks with Greek officials. A working group from the ...
BOK Said to Have Met Economists to Improve Communication Lines
March 24th, 2015
The Bank of Korea called in economists on Monday to discuss communication on monetary policy, after catching them off guard earlier this month when it cut the benchmark interest rate to a record low. Officials including Deputy Governor Yoon ...
China to reap Alibaba windfall as tightens up on tax
March 23rd, 2015
China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group BABA.N who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky ...
Citigroup Says Court Order Will Let It Pay Argentine Bond Interest
March 23rd, 2015
There is a new twist in the fight between Argentina and a group of hedge funds that has been playing out in New York courts. A United States federal court has allowed Citigroup to make interest payments to investors holding $2.3 billion of ...
Media reports said a growing number of close U.S allies to join a new China-led international development bank
March 17th, 2015
A senior U.S. diplomat said it was up to individual countries whether to join a new China-led international development bank as media reports said a growing number of close U.S. allies were ignoring Washington’s pressure to stay out of ...
Greek PM seeks meeting with top EU leaders as cash crunch deepens
March 17th, 2015
Greek Prime Minister Alexis Tsipras has requested a meeting with top European leaders including German Chancellor Angela Merkel at this week’s EU summit, a Greek official said on Tuesday, as his cash-strapped government scrambles to stave off bankruptcy. As ...
ECB Warns Cyprus as Government Pushes for Georghadji’s Dismissal
March 16th, 2015
The European Central Bank warned Cypriot President Nicos Anastasiades to respect central-bank independence after the country’s government started proceedings to dismiss Governor Chrystalla Georghadji. A year after previous Cypriot central-bank chief Panicos Demetriades resigned his post following months of ...
EU told to apologise to Credit Agricole over market rigging probe
March 13th, 2015
The European Commission has been ordered to apologise to French banking giant Credit Agricole for implying its guilt in the long-running investigation into financial market rigging before the probe had been completed. A report published on Thursday (13 March) ...
