China announces further reform of the RMB Exchange Rate Regime (Press Releases)
In view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China, the People´s Bank of China has decided to proceed further with reform of the RMB exchange rate regime and to enhance the RMB exchange rate flexibility.
AIMA concerned over EU Alternative Investment Fund Managers Directive (Press Releases)
Andrew Baker, AIMA CEO, says the association has concerns over the 'impractical and unworkable' proposals in the EU's Alternative Investment Fund Managers Directive (AIFMD).
The Federal Financial Supervisory Authority (BaFin) on Tuesday temporarily prohibited naked short sales of debt securities of euro zone countries admitted on a domestic exchange to trading on the regulated market.
ECB decides on measures to address severe tensions in financial markets (Press Releases)
The Governing Council of the European Central Bank (ECB) decided on several measures to address the severe tensions in certain market segments which are hampering the monetary policy transmission mechanism and thereby the effective conduct of monetary policy oriented towards price stability in the medium term. The measures will not affect the stance of monetary policy.
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