IOSCO issues statement on liquidity risk management recommendations for investment funds
October 31, 2016 BY Valentina Kirilova

IOSCO reports on implementation of G20/FSB recommendations to strengthen securities markets

The Board of the International Organization of Securities Commissions (IOSCO) has published a report on the implementation of the G20/FSB post crisis recommendations aimed at strengthening securities markets. The Implementation Report: G20/FSB Recommendations related to Securities Markets has been prepared by IOSCO’s Assessment Committee, as part of its G20 Markets Reform Review Project. This effort involved…

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October 28, 2016 BY Valentina Kirilova

West Australian property developer and Macro Realty Group of companies consent to extend interim orders obtained by ASIC

West Australian-based property developer, Ms Desiree Veronica Macpherson, and various companies associated with the Macro Realty Group, of which Ms Macpherson is a director and direct/indirect shareholder, (the Macro Companies) have consented to ASIC continuing various interim orders obtained in the Perth Federal Court earlier this year. ASIC had previously obtained a range of interim…

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sec building
October 28, 2016 BY Valentina Kirilova

SEC: Investment Adviser Fraudulently Overbilled Clients, Stole Assets for Personal Expenses

The Securities and Exchange Commission (SEC) has charged a Los-Angeles based investment advisory firm and its owner with fraudulently overbilling clients and stealing assets from their trusts to pay such personal expenses as his home mortgage, overseas trips, and leases on two Mercedes-Benz vehicles. The SEC’s complaint alleges that Marc D. Broidy and his firm Broidy…

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ESMA bond liquidity data
October 28, 2016 BY Valentina Kirilova

ESMA issues MIFIR reporting instructions

The European Securities and Markets Authority (ESMA) has issued detailed reporting introductions and XML schemas under its Financial Instruments Reference Data System (FIRDS). FIRDS covers the Markets in Financial Instruments Regulation (MiFIR) and the Market Abuse (MAR) requirements for reference data collection and publication, collection and processing of additional data to support the MiFIR transparency…

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October 28, 2016 BY Valentina Kirilova

Japan Exchange Group announces Consolidated Financial Results for first half of 2016, 8.7% drop in operating revenue YoY

Japan Exchange Group (JPX) has reported its Consolidated Financial Results for the six months ended September 30, 2016. During the consolidated cumulative second quarter (from April 1, 2016 to September 30, 2016), the Group has recorded operating revenue of ¥52,882 million (8.7% decrease from the same period of the previous fiscal year due to factors…

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October 28, 2016 BY Valentina Kirilova

Moscow Exchange changes internet access settings to Derivatives market

Moscow exchange (MOEX) has warned all of its  Derivatives market clients that in order to improve exchange data security processes and protect client connections, starting from 1 December 2016 internet access to MOEX Derivatives market using PlazaII/CGate APIs and SPECTRA terminals will only be allowed using VPN service providing secure access to Moscow Exchange network. Those…

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October 28, 2016 BY Valentina Kirilova

Equities First Holdings returns shares of ANGLE plc and concludes transaction in the UK

The alternative shareholder financing solutions company Equities First Holdings, LLC (EFH) has announced that has fully concluded a transaction with Andrew Newland, CEO of ANGLE plc, by returning 1.35 million shares of ANGLE plc (AIM: AGL.LN) (OTCQX: ANPCY) stock to him, which was used as collateral in a financial transaction. This two-year financing facility, originated…

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October 28, 2016 BY Valentina Kirilova

Hong Kong SFC adds Cressida Limited 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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