Global ETF News Older than One Year
IOSCO publishes report on credible deterrence approaches in securities market regulation
June 17, 2015--The International Organization of Securities Commissions has published the report Credible Deterrence, which identifies key enforcement factors that may deter misconduct in international securities and investment markets.
June 17, 2015--The report draws on the collective experience and expertise of IOSCO members and was produced by IOSCO's Committee 4 on Enforcement and the Exchange of Information, which is chaired by the UK Financial Conduct Authority (FCA).
It identifies key elements in the prevention of misconduct and financial crime from a range of international regulatory authorities and encourages regulators operating in both emerging and developed markets to consider how they might integrate credible deterrence into new or existing enforcement strategies.
view the report Credible Deterrence
Source: IOSCO
Plans to label big fund managers 'systemic' in jeopardy
June 17, 2015--A global effort to label the biggest asset managers as "systemically important" and subject them to greater scrutiny is in jeopardy after the world's market regulators hit back at the plans.
Leaders of Iosco, the global securities regulators meeting in London this week, said on Wednesday they think it is more important to focus on understanding the risks posed by the sector as a whole than to worry about specific large firms.
Source: FT.com
Insurers take first bite of exchange-traded funds
June 17, 2015--While their interest is tentative, insurance companies present
a huge, untapped market for fund providers.
Source: Financial News
Assessing Debt Management Performance-Why It Is Important
June 16, 2015--The analysis and management of a country's debt portfolio are critical not only for maintaining macroeconomic stability. They also mobilize long-term resources for the country's development and help create the building blocks for a domestic money market.
As global liquidity is once again tightening, it is imperative for developing countries to gain and maintain the trust of investors, both international and domestic. view more
Source: World Bank
Saudi Arabia Opens Up $585B Stock Market To Direct Foreign Investment
June 15, 2015--Saudi Arabia's stock market, valued at $585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid low global oil prices.
The opening of the Tadawul Saudi Stock Exchange allows companies, particularly those that are not in the oil business, to raise money straight from foreign investors, with the goal of expanding businesses, diversifying the economy and creating more jobs for the kingdom's growing population.
Source: The Street
LSE gets Hong Kong regulatory nod to HK firms to become LSE members
June 15, 2015--London Stock Exchange said on Monday it has received approval from Securities and Futures Commission to allow Hong Kong trading firms to become members of the LSE.
The LSE membership will allow Hong Kong trading firms direct access to Europe's most liquid and international markets,LSE said in a statement.
Source: Reuters
IEA sets out pillars for success at COP21
Report offers strategy for delivering a peak in energy emissions by 2020
June 15, 2015--A peak in global energy-related emissions could be achieved as early as 2020 and at no net economic cost, the International Energy Agency said on Monday in its new World Energy Outlook Special Report on Energy and Climate Change.
The Agency showed how to achieve an early peak in emissions as one of four key pillars that it believes are needed to make the upcoming UN climate talks a success, from an energy perspective.
view the World Energy Outlook Special Report 2015: Energy and Climate Change
Source: IEA (International Energy Agency)
WDR 2015-Mind Society and Behavior
June 15, 2015--STORY HIGHLIGHTS
'Mind, Society and Behavior', the World Bank's flagship World Development Report for 2015, explores the myriad psychological, social, and cultural factors that influence the way people think and decide in their everyday lives.
WDR 2015 says that since people are strongly influenced by their identities, networks and social groupings, a more realistic understanding of human behavior can help make development policies more effective.
Development programs will therefore do well to go through a process of discovery and learning, spreading time, money and expertize over several cycles of design, implementation and evaluation, without being afraid to fail and start over.
Are human beings always rational? How many of our decisions are based on cool-headed calculation? Or, do we mostly decide on the basis of intuition and emotion-or simply follow what the neighbors have done, and what culture and society dictates?
'Mind, Society and Behavior', the World Bank's flagship World Development Report for 2015, explores the myriad psychological, social, and cultural factors that influence the way people think and decide in their everyday lives-how they save, rear their children, invest in education, follow healthy practices, and use water and energy, to name a few.
view infographic-Mind, Society, and Behavior
Source: World Bank
Firms alter bond portfolios as liquidity concerns mount
June 15, 2015--Lack of liquidity in the global bond markets has pushed money managers to alter the composition of portfolios, as concerns mount over an impending crunch in the fixed-income market.
A number of factors have resulted in these moves.
Source: Pensions & Investments
China managers set to ramp up solo overseas ETFs
June 15, 2015--Chinese managers are tipped to increasingly look to independent overseas listings of ETFs, without a foreign partner.
But they face difficulties in building their own infrastructure to support products.
Source: Asian Investor
