Search Results for: OSC
Asia stocks eke out gains in afternoon trade
January 19th, 2016
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese stocks jumped in late trade, with the Shanghai composite up ...
Asia markets close mostly down; Japan, Australia near bear markets
January 18th, 2016
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...
Cypriot police quiz HSBC officials
January 12th, 2016
A police official says state prosecutors seeking to bring controversial banker Andreas Vgenopoulos to Cyprus to answer criminal charges are now chewing over their next move after questioning several officials of HSBC in London. CID investigators had flown to ...
Russian watchdog to inspect Microsoft, McDonald’s for compliance with personal data law
January 12th, 2016
The regulator plans to hold over 1,000 scheduled inspections of compliance with the law on keeping of Russian users’ personal data on servers in Russia Central Federal District Department of the Russian IT and communications regulator will inspect a ...
ESMA to Cooperate with Canadia and Swiss Regulators on CCPS
January 8th, 2016
The European Securities and Markets Authority (ESMA) has established three Memoranda of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR). The MoUs establish cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and ...
Russia To Help Iran Reboot Oil Industry
January 4th, 2016
Now that Iran appears on the verge of resuming prodigious oil production, it’s becoming clear that it plans to do so by forming ever-closer ties with Russia, one of six world powers that persuaded it to restrict its nuclear ...
Ruble Drops to 2015 Low on Year-End Budget Flows as Oil Tumbles
December 29th, 2015
Russian currency slides past 72 per dollar as oil drops Finance Ministry seen boosting budget spending before new year The ruble fell to its weakest level this year as oil resumed declines and investors speculated a traditional pick up ...
Bank of America to obtain clearing membership with MOEX FX Market. The first non-resident global bank
December 28th, 2015
Bank of America, National Association (BANA) is set to join Moscow Exchange’s FX Market as a clearing firm. The Bank is in the process of finalizing necessary documentation and will begin active trading in January 2016. It will trade via Merrill Lynch ...
Increase In Tax Penalties Issued To UK Financial Directors
December 23rd, 2015
The number of penalties issued under UK tax authority’s Senior Accounting Officer (SAO) regime more than doubled in 2014-15, according to research by international law firm Pinsent Masons. Pinsent Masons said that 155 fines were issued in 2014-15, up ...
Asia equities gain; New Zealand hits record high
December 23rd, 2015
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...
