Search Results for: Memorandum of Understanding
ESMA and CFTC to cooperate to recognised Central Counterparties
June 7th, 2016
The European Securities and Markets Authority (ESMA) and the US Commodity Futures Trading Commission (CFTC) have established a memorandum of understanding (MoU) under the European Market Infrastructure Regulation (EMIR). The MoU establishes cooperation arrangements, including the exchange of information, regarding CCPs ...
South Korea offers 25 billion USD investment package to Iran
May 5th, 2016
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development Plan, Iran wants to invest 185 billion U.S. dollars in ...
Israeli police collaborate with French regulator; 15 FX company directors under criminal investigation
April 20th, 2016
4XP, BForex, Sisma Capital, Tradaxa and Aston Invest involved in a massive scam operation that took an average of €210,000 from each victim The world of Forex and Binary Options scams in Israel is being dragged out by a ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
SWIFT offers secure financial messaging services to CIPS
March 29th, 2016
SWIFT and CIPS sign memorandum of understanding on cross-border interbank payment system cooperation SWIFT has signed a memorandum of understanding (MOU) with China International Payment Service Corp., (CIPS Co.). The MOU sets out plans for a strategic collaboration to ...
ESMA to cooperate with South Korean Regulators on Central Counterparties (CCPs)
March 24th, 2016
The European Securities and Markets Authority (ESMA) has established a Memorandum of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR) with the South Korean Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) respectively. The MoU establishes ...
LME deploys Shield repository to support Belt and Road initiative
March 23rd, 2016
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield repository in regions along China’s ‘The Belt ...
Greece Latest: New payouts and the start of debt relief talks may delay
March 3rd, 2016
Euro zone, IMF split over how much Greece needs to reform Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts ...
Russian gas from Greece to Italy; the New project
February 29th, 2016
Gazprom revives ‘Poseidon’ Adriatic link Gazprom has revived a project that would see an offshore pipeline built to bring Russian gas from Greece to Italy. The new project is named “Poseidon”. What remains unclear is how the Russian gas ...
CUP and Visa Sign MOU to Collaborate on Payments Security, Innovation and Financial Inclusion
February 26th, 2016
China UnionPay (CUP) and Visa Inc. today signed a Memorandum of Understanding (MOU) in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion. The MOU was signed between Shi Wenchao, President of CUP, and Charlie Scharf, Chief Executive Officer of Visa ...