Press Release Margin requirements for non-centrally cleared derivatives The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released Monday the final framework for margin requirements for non-centrally cleared derivatives (BASEL-IOSCO Margin Rules). The framework is available on the websites of the Bank for International […]
Author: InvestAdvocate
Nigeria warns oil block buyers could lose operating rights
* Chevron selling five onshore oil blocks * NNPC warns buyers may not get right to operate them Nigeria’s state oil company warned investors interested in three shallow water oil blocks offered for sale by Chevron that buyers may lose the right to operate them. U.S.-based Chevron is selling minority […]
IMF Appoints New Resident Representative to Cyprus
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said it has appointed Vincenzo Guzzo as new resident representative to Cyprus. According to the IMF, Guzzo will start his assignment in Nicosia on September 9, 2013. He is an Italian national, joined the IMF in 2009 and has […]
