sfc warning
February 04, 2017 BY Valentina Kirilova

Hong Kong SFC adds Lamprell bank to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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February 03, 2017 BY Valentina Kirilova

CFTC orders the Royal Bank of Scotland to pay $85 million for attempted manipulation of U.S. dollar ISDAFIX benchmark swap rates

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against The Royal Bank of Scotland plc (RBS) for attempted manipulation of the ISDAFIX benchmark and requiring RBS to pay an $85 million civil monetary penalty. The CFTC Order finds that over a five-year period, beginning in January 2007 and continuing…

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February 03, 2017 BY Valentina Kirilova

Market participants rely on Eurex FI Futures to navigate geopolitical risks

Heightened global political uncertainty marked the start of 2017. Event risks around Brexit, the new US administration and economic challenges in Europe require efficient and innovative hedging tools. In addition, market participants anticipate increasing interest rate dynamics in combination with higher inflation expectation. This prompts strong demand for Eurex Fixed Income (FI) products. In January,…

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ESMA bond liquidity data
February 03, 2017 BY Valentina Kirilova

ESMA publishes practical guide to national rules across EEA on major holdings notifications

The European Securities and Markets Authority (ESMA) has published a Practical Guide to national rules across the European Economic Area (EEA) on major holdings notifications under the Transparency Directive to help market participants navigate the different requirements. The Transparency Directive requires investors to notify issuers when they acquire or dispose of shares admitted to trading…

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February 03, 2017 BY Valentina Kirilova

HKEX announces changes of designated securities for short selling

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), just announced that with effect from 10 February 2017 (Friday), 58 additional securities will be eligible for short selling and 12 existing designated securities will be removed from the list. The total number of designated securities for…

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