All articles by Verdict Staff

Verdict Staff

Toronto Stock Exchange reaches new exchange traded product milestone

Toronto Stock Exchange (TSX) has now has more than 300 exchange traded products (ETPs) listed.

Cayman seeks inclusion in OECD tax convention

The Cayman Islands Government has formally asked the United Kingdom to extend its membership in the OECD/Council of the Europe Convention on Mutual Administrative Assistance in Tax Matters (the convention) to the Cayman Islands.

Zencap Asset Management launches fund to invest in real estate mezzanine debt

France-based Zencap Asset Management has launched a new fund to invest in real estate mezzanine debt in Western Europe, according to Boursier.com.

Manulife receives approval to administer federal Pooled Registered Pension Plans

Manulife Financial has received license to administer federal Pooled Registered Pension Plans (PRPPs), a new financial solution which many Canadians require.

Irish fund industry rejects EU money market fund proposals

The Irish Fund Industry Association (IFIA) has rejected the European Union’s latest money market fund proposal and asked it to implement a consistent global response to money market funds reform.

Credit Suisse Academy produces first batch of graduates in Singapore

Following its launch in 2011, the Credit Suisse General Counsel Academy has produced its first batch of graduates certified in the Compliance Professional Praticum.

Bank of America to pay US$39 million to settle gender discrimination case

Bank of America has agreed to pay US$39 million to settle a sex discrimination lawsuit brought on behalf of female employees at its Merrill Lynch unit.

Asia-Pacific regulators bolster cross-border cooperation in market surveillance

Regulators from the Asia-Pacific region came together to bolster cross-border cooperation in market surveillance at the ‘Market Integrity Forum’ and a closed-door ‘Regional Regulators Dialogue on Market Surveillance’, jointly hosted by the Securities Commission Malaysia (SC) and the Australian Securities and Investments Commission (ASIC) in Kuala Lumpur.

State Street Global Markets appoints new head of business development

State Street Global Markets, the investment research and trading arm of State Street, has appointed Steve Webster as head of business development and relationship management EMEA for their portfolio solutions business.

South Korea probes three foreign brokerages over derivatives sales

South Korean financial regulator is reviewing three foreign brokerages for possible breach of domestic capital markets regulations.