i-law

Financial Regulation International

Japan’s DvP starts
The Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSE) have announced the successful launch of a new Delivery versus Payment (DvP) settlement scheme for on-exchange transactions. Implementation took place on 1 May, with the TSE reporting..
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Monte get their man
Italy’s central depository Monte Titoli has named Giovanni Sabatini, head of cash markets at local securities regulator Consob, as general manager. Sabatini will replace Marco Baggioli in June, with sources suggesting the CSD was keen to keep..
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
SIS reports fall in profits
Profits at SegaInterSettle (SIS), the Swiss national central securities depository (CSD), dipped by SFr 887,000 in 2000, after it reduced fees for that year by around SFr 25 million. Despite the fall, favourable market conditions and competitive..
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
UK adopt regulatory co-operation with Argentina
UK and Argentina have signed a Memorandum of Understanding that will ensure greater co-operation in tackling the abuse of financial rules and regulations. The agreement was signed by Miss Melanie Johnson, Economic Secretary to the Treasury, Sir..
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Euroclear record results
Euroclear, the Brussels-based ICSD, has announced record results for Euroclear plc and Euroclear France, the former Sicovam, for year ended December 31, 2000. Euroclear’s profit before dividends and transfers to reserves amounted to a record..
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Report finds FSA must deliver
The UK Financial Services Authority (FSA) is facing a pervasive mood of discontent in the City of London over what is seen as its heavy-handed approach to regulation, according to a new report, “Waking up to the FSA”. The report, written..
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Newspoints
ESF calls for integration, again
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Malaysia
New format for take-over documents
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Hong Kong
Guidelines for Issuers with Negative or Negligible Net Tangible Assets
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
UK
Financial Promotion after the Financial Services and Markets Act 2000
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
US
United States Securities and Exchange Commission overhauls auditor independence rules
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Financial Stability Forum
Progress in addressing concerns raised by HLIs
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Basel
Risk Management Principles for Electronic Banking
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Basel
Essential elements of a statement of co-operation between banking supervisors.
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001
Clearing and settlement in the European Union
As the cost of trading securities has decreased in the EU, the focus has turned to back office costs. One of the main costs is clearing and settlement. There is currently vivid debate on how to diminish those costs. Mattias Levin from the Centre for European Policy Studies (CEPS) reviews the various options and the debates surrounding them.
Online Published Date:  01 June 2001
Appeared in issue:  4.7 - 01 June 2001

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