Updates

World Federation of Exchanges publishes response to CPMI-IOSCO Consultative Report on CCP Resilience & Recovery

October 17, 2016/WFE The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published its response to the CPMI-IOSCO Consultative Report: Resilience and Recovery of Central Counterparties (CCPs) – Further Guidance on the Principles for Financial Market Infrastructure (PFMI). A summary […]

South Africa:Ajay Gupta, Oakbay Investments Delighted with Affidavit from Pravin Gordhan

October 17, 2016/Oakbay Investments Ltd outh Africa, October 18, 2016/ — Gupta Family lawyer, Van Der Merwe Associates, releases a statement on behalf of Mr. Ajay Gupta and Oakbay Investments (www.OakbayInvestments.co.za) in response to the affidavit from Pravin Gordhan. Highlights include: The Gupta Family (as majority shareholders) and Oakbay Investments […]

Nigeria naira ends at 305 after central bank dollar sales

October 17, 2016/Reuters Nigeria’s central bank intervened on Monday with dollar sales to support the naira, which ended at 305.50 per dollar, a range it has closed at for nearly two months, traders said. Traders said the bank, which has been selling dollars regularly to prop up the currency, sold […]