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ESMA Issues Q&A On MAR Implementation

The European Securities and Markets Authority (ESMA) has today issued Question and Answers (Q&A) regarding the implementation of the Market Abuse Regulation (MAR).read more...

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Abu Dhabi Global Market Signs FinTech MOU With Flat6Labs

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and Flat6Labs U.A.E. FZ-LLC (Flat6Labs), on 25 May 2016, signed a Memorandum of Understanding on technology...

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Thailand Futures Exchange Appoints 3 Market Makers For Stock Futures

Thailand Futures Exchange PCL (TFEX) welcomes three new market makers namely KGI Securities (Thailand) pcl (KGI), Trinity Securities Co., Ltd. (TNITY) and RHB Securities (Thailand) pcl (RHBS) to...

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ESMA Issues Opinion On MiFID II Standards On Ancillary Activities

The European Securities and Markets Authority (ESMA) has issued today an Opinion in response to a letter sent by the European Commission (Commission) asking to amend its draft RTS 20 under the Markets...

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A Model of the International Monetary System -- by Emmanuel Farhi, Matteo...

We propose a simple model of the international monetary system. We study the world supply and demand for reserve assets denominated in different currencies under a variety of scenarios: a Hegemon vs. a...

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Carbon Emissions and Business Cycles -- by Hashmat Khan, Christopher R....

U.S. carbon dioxide emissions are highly procyclical--they increase during expansions and fall during recessions. Given this empirical fact, we estimate the response of emissions to four prominent...

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Household Risk Management -- by Adriano A. Rampini, S. Viswanathan

Households' insurance against shocks to income, health and other non-discretionary expenditures, and asset values (that is, household risk management) is limited, especially for poor households. We...

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Experimental Evidence on the Demand for and Costs of Rural Electrification --...

We present results from an experiment that randomized the expansion of electric grid infrastructure in rural Kenya. Electricity distribution is the canonical example of a natural monopoly. Randomized...

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Dubai Financial Market Launches A New Direct Deals Service - The Total Value...

Dubai Financial Market today launched the “Direct Deals Service”, a new process that enables investors and brokerage firms to accomplish bulky deals on shares of a listed company while exempted from...

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HRH Princess Maha Chakri Sirindhorn Graciously Presides Over The Grand...

Today at 2 p.m., Her Royal Highness Princess Maha Chakri Sirindhorn graciously presided over the grand opening ceremony of The Stock Exchange of Thailand (SET)’s new head office in downtown Bangkok. On...

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HKEX: Report On Initial Public Offering Applications, Delisting And Suspensions

(As at 31 May 2016)read more...

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R.J. OâBrien Named âBest FX Broker-Dealerâ In Profit &...

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that Profit & Loss Magazine has named...

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IOSCO Issues Survey Report on Audit Committee Oversight of Auditors

The Board of the International Organization of Securities Commissions (IOSCO) today published the Survey Report on Audit Committee Oversight of Auditors, which seeks to help identify audit committee...

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Abu Dhabi Global Market Courtsâ Fees, Court Procedure Rules And...

Abu Dhabi Global Market (“ADGM”), the international financial centre in Abu Dhabi, today announced that its Board of Directors has approved the fees of ADGM Courts, following completion of public...

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IOSCO Issues Survey Report On Audit Committee Oversight Of Auditors

The Board of the International Organization of Securities Commissions (IOSCO) today published the Survey Report on Audit Committee Oversight of Auditors, which seeks to help identify audit committee...

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Can a Team Have Too Much Talent?

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Hong Kong's Securities And Futures Commission Obtains Disqualification Orders...

The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against three former senior executives of China Best Group Holding Limited (China Best)...

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ESMA Publishes Updated EUSEF And EUVECA Q&A

The European Securities and Markets Authority (ESMA) has published an updated questions and answers document (Q&A) on the application of the European Social Entrepreneurship Funds (EuSEF) and the...

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Hong Kong's Securities And Futures Commission Reprimands And Fines...

The Securities and Futures Commission (SFC) has reprimanded SynerWealth Financial Limited (SynerWealth) and fined it $2.7 million for internal control failures relating to short selling orders and for...

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Specialists vs. Generalists: How Do They Fare in the Labor Market?

Tulane Professor Jennifer Merluzzi and Columbia Professor Damon Phillips have conducted some interesting new research on the labor market for graduates from top MBA programs.   They studied...

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