Along with the announcement of the launch of the Morningstar Eurozone 50 IndexSM and Morningstar Developed Markets Europe 100 IndexSM, Euronext has today released its results for the second quarter of 2017. Strong quarter, with improved cash and derivatives volumes: Revenues up +3.8% compared to Q2 2016, to €137.3 million (Q2 2016: €132.3 million) Cash…
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FTSE Russell announced that it has published its latest annual Statement of Compliance with the recommendations made by the International Organization of Securities Commissions (IOSCO), as laid out in the Principles for Financial Benchmarks published in July 2013 (the IOSCO Principles). The IOSCO Principles aim to promote the reliability of benchmarks addressing issues surrounding governance;…
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The Board of the Cyprus Securities and Exchange Commission (CySEC) has informed that, at its meeting held on 26 June 2017, decided to impose an administrative fine of €10.000 to Mr. Charalambos Kiritsis for non compliance paragraph 9(1) of CySEC Directive DI144-2007-01 of 2012 for the Authorisation and Operating Conditions of CIFs (‘the Directive’) since,…
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The Board of Directors of BME today agreed to distribute a gross €0.40 per share dividend on 8 September 17, its first interim dividend against 2017 earnings. This dividend represents the same amount as that paid in September 2016. The date on which the shareholders entitled to receive a dividend are determined will be 7…
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The securities regulatory authorities in Ontario, Québec, Alberta, Manitoba and New Brunswick (the participating jurisdictions) today published CSA Multilateral Staff Notice 61-302 Staff Review and Commentary on Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The notice outlines the approach used to review material conflict of interest transactions, including insider bids, issuer…
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The Court of First Instance has ordered Ms Sun Min to pay the restoration amount of $15,629,341 to 51 investors affected by her insider dealing in China Huiyuan Juice Group Limited (Huiyuan) shares, Hong Kong Securities and Futures Commission (SFC) just announced. The Court order granted on 17 July 2017 was made under section 213(2)(b)…
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ASIC has noted the decision by Richmond Club Limited, operating in the Hawkesbury region NSW, to reissue its 30 June 2016 financial reports to: recognise revenue of $1.1 million over the period of a contract for the use of assets, which runs from May 2015 to April 2016. Revenue had previously been recognised on the…
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Euronext has announced the launch of the Morningstar Eurozone 50 IndexSM and Morningstar Developed Markets Europe 100 IndexSM on Euronext. The launch of the new European indices for blue chips follows the signing of a strategic agreement with Morningstar announced in March 2017 to develop a series of derivative products based on Morningstar indices. The…
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The Securities and Exchange Commission (SEC) charged Halliburton Company with violating the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA) while selecting and making payments to a local company in Angola in the course of winning lucrative oilfield services contracts. Halliburton, which profited by approximately $14 million from…
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ASIC announced that has accepted an enforceable undertaking from Avalon Pacific Capital Pty Ltd in relation to its dealing in securities of five overseas registered companies listed on the National Stock Exchange of Australia (NSX). ASIC is concerned that Avalon Pacific ought reasonably to have suspected that the orders were placed with the intention of…
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