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Date 29/06/2015
SEC Charges KKR With Misallocating Broken Deal Expenses
The Securities and Exchange Commission today charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called “broken deal” expenses to its flagship private equity funds in breach of its fiduciary duty.
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Date 29/06/2015
Moscow Exchange: Risk Parameters Change For The Securities RTKM, RTKMP
The following risk parameters for the securities RTKM, RTKMP will be changed:
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Date 29/06/2015
ACER Recommends Adopting The NC On Emergency And Restoration And Launches The Market European Stakeholders Committee For Electricity
ACER publishes today its opinion and recommendation on the Network Code on Emergency and Restoration. ACER acknowledges that the Network Code is in line with the Framework Guidelines on Electricity System Operation, and its objectives, and therefore it recommends its adoption by the European Commission. Find out more here.
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Date 29/06/2015
European Commission: Transcript Of President Jean-Claude Juncker's Press Conference On Greece
What is at stake here is the essential spirit of European shared solidarity and responsibility. Other European countries went through very difficult times - Ireland, Portugal, Spain, Cyprus and Latvia - to name only these few countries.
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Date 29/06/2015
DBS Bank Singapore Receives Approval To Issue Letters Of Credit For Trading On Dubai Mercantile Exchange
The Dubai Mercantile Exchange (DME) today announced that the DBS Bank’s Singapore office has been approved to issue Letters of Credit (LCs) for trading crude oil on the Exchange. DBS is the first Singapore bank to receive such approval and will be able to issue LCs directly from Singapore on behalf of its clients to guarantee deliveries of Oman crude oil through the DME.
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Date 29/06/2015
Qatar Stock Exchange: Trading Suspension In The Shares Of Vodafone On Tuesday, June 30, 2015 Due To The Company’s AGM And EGM Held On That Day
Qatar Stock Exchange announces the trading suspension on Vodafone Qatar shares on Tuesday, 30 June 2015 due to its AGM and EGM being held on that day.
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Date 29/06/2015
Dubai Financial Services Authority: Notice Of Consultation Paper Release
The DFSA has released the following for Consultation:
Consultation Paper No. 101 – Proposed Miscellaneous Amendments
Consultation Paper No. 102 – Property Funds and Money Market Funds
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Date 29/06/2015
The NICE Actimize “Customer Due Diligence Market Survey” Finds 61 Percent Of Financial Institutions Are Impacted By CDD/KYC Regulatory Changes - Data Quality And Availability, And Reliance On Manual Processes, Were Highlighted As Among The Institutions’ Greatest Operational Challenges
NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of financial crime, risk and compliance software for the financial services industry, has found that 61 percent of financial institutions are affected by Know-Your-Customer (KYC) regulatory changes and have noted an impact on their compliance operations in a number of areas, according to a new market survey it conducted.
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Date 29/06/2015
Perseus Deploys Fastback Networks To Enable High Speed Connectivity In Obstructed Urban Areas
Fastback® Networks today announced that Perseus, a leading global provider of managed services for high-precision, high-speed connectivity, has successfully deployed the Fastback Intelligent Backhaul Radio™ (IBR) to extend fiber based services via wireless connectivity with full SLA support to a top financial services firm. The site location for the deployment is surrounded by fully obstructed Non-Line-of-Sight (NLOS) conditions in the restricted confines of lower Manhattan. With 7Hello60 Mbps aggregate throughput in NLOS, Perseus’ IBR deployment is delivering fiber-equivalent performance and reliability to fully meet SLAs in conditions not normally conducive to wireless.
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Date 29/06/2015
Greece: European Parliament Political Leaders And European Commission President Juncker To Meet Today At 14:15
An extraordinary meeting of the Conference of Presidents (EP President and political group leaders) will take place today, Monday 29 June, to discuss the latest developments concerning Greece. Commission President Jean-Claude Juncker will also join the discussion.
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