Jun212017

ESMA calls experts to join post-trading panel

EU
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The purpose of these groups is to provide informal advice during the course of developing a policy line in relation to specific technical matters, or to give a view on specific aspects of the proposals. These groups are also used as a sounding board for work plans. These members are requested to provide expertise and not advocacy for specific national or institutional positions. Members of the CWG are appointed and participate in their personal capacity. The composition of the CWG is made public through ESMA’s website. Members of the CWG are selected for a renewable term of 2 years.

ESMA’s PTSC undertakes ESMA’s work relating to post-trading, including in relation to the roles of financial market infrastructures and any other entities providing post-trading services. Specifically, the PTSC contributes to fostering supervisory convergence among the national authorities in post-trading matters, by developing guidelines, opinions, Q&As, peer reviews and by determining common supervisory actions.

Jun212017

ESMA calls experts to join post-trading panel

EU
image_pdfimage_print

The purpose of these groups is to provide informal advice during the course of developing a policy line in relation to specific technical matters, or to give a view on specific aspects of the proposals. These groups are also used as a sounding board for work plans. These members are requested to provide expertise and not advocacy for specific national or institutional positions. Members of the CWG are appointed and participate in their personal capacity. The composition of the CWG is made public through ESMA’s website. Members of the CWG are selected for a renewable term of 2 years.

ESMA’s PTSC undertakes ESMA’s work relating to post-trading, including in relation to the roles of financial market infrastructures and any other entities providing post-trading services. Specifically, the PTSC contributes to fostering supervisory convergence among the national authorities in post-trading matters, by developing guidelines, opinions, Q&As, peer reviews and by determining common supervisory actions.

Jun212017

Meeting between Dmitry Medvedev and President of Kyrgyzstan Almazbek Atambayev

Russia
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Excerpts from the transcript:

Meeting with President of Kyrgyzstan Almazbek Atambayev

Dmitry Medvedev: You have already met with the Russian President, and I know that the talks were focused on a broad range of issues and fully reflected the multifaceted cooperation between Russia and Kyrgyzstan.

This cooperation is constantly developing despite economic difficulties. The economy is improving in both countries.

Now we are implementing major projects, both bilateral and within the Eurasian Economic Union.

Almazbek Atambayev: Every one of our meetings gives us an opportunity to discuss bilateral problems and also to outline plans for the future.

We have succeeded in bringing relations between Kyrgyzstan and Russia to the level of fraternal, friendly and, most importantly, strategic relations.

Jun212017

Meeting between Dmitry Medvedev and President of Brazil Michel Temer

Russia
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The talks focused on Russian-Brazilian trade, investment, industrial, research and technology, cultural and humanitarian cooperation.

Excerpts from the transcript:

Meeting with President of Brazil Michel Temer

Meeting with President of Brazil Michel Temer

21 June 2017

Meeting with President of Brazil Michel Temer

Meeting with President of Brazil Michel Temer

21 June 2017

Meeting with President of Brazil Michel Temer

Meeting with President of Brazil Michel Temer

21 June 2017

Meeting with President of Brazil Michel Temer

Dmitry Medvedev: This is your first visit to Russia in your new capacity. But we have met many times before, both in Russia and in Brazil. In 2015, we chaired a meeting of the High-Level Commission on Cooperation in Moscow. Our meetings have always been noted for a high level of mutual understanding, because our countries maintain friendly relations. Brazil is Russia’s key partner in Latin America.

Your visit is very important for the further development of our relations, especially since we will mark 190 years of diplomatic relations between our countries next year.

Similar economic processes are ongoing in our countries. This is why we need to look at what happens in a friendly country so as to make use of the solutions our partners find.

Our goal in our bilateral relations is to promote trade, which declined last year for economic reasons. But this year’s trend is quite positive: bilateral trade has increased by 30 percent. We must support these positive developments and diversify mutual trade, including in high tech industries, which have been developing positively both in Russia and in Brazil.

Michel Temer (via interpreter): Our cooperation has always been productive, especially in trade, the economy and other areas. Our key goal now is to implement new initiatives designed to increase Russian investment in Brazil and Brazilian investment in Russia.

We have noticed that inflation has decreased in Russia. Brazil can report a similar trend: we have brought inflation down to 3.6 percent. The same is true about the interest rate, which has been reduced considerably from the previous level of 14.5 percent. In other words, the situation in Brazil is improving.

I have come to Russia in order to encourage Russian investors to invest in various sectors of the Brazilian economy. There are over 50 sectors, including energy, oil and gas, which could be of economic interest for Russia.

Our relations are based on friendship and trust. We are working now to avoid double taxation. This could be a major advantage for Brazil and Russia alike.

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Jun212017

Beijing on alert for heavy rain

East Asia
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Beijing is bracing for a period of heavy rain, which is expected to last from Wednesday night to Friday.

Beijing meteorological station issued a yellow alert for rain and storms at 4:40 p.m. on Wednesday.

China has a four-tier color-coded system for severe weather, with red being the most serious, followed by orange, yellow and blue.

The office of Beijing flood control headquarters warned of high risks of floods and geological disasters in mountainous areas. It also warned that low-lying areas may be inundated.

The office asked people to keep away from rivers, flooded road sections and mountainous regions.

Beijing Drainage Group has checked its flood control facilities and the drainage systems across the city before the rain.

The district of Tongzhou, in the east of the city and in the lower reaches of Beijing’s rivers, is also prepared for the upcoming rainstorm.

The flood control department in Tongzhou has prepared 21 large pumps and organized 19 emergency rescue teams.

Beijing Municipal Commission of Transport has organized an emergency team of more than 3,800 people. To ensure traffic safety, Beijing has increased highway, mountain, bridge and underground passage patrols.

Beijing Bus Group will dispatch more buses, especially on routes linking major railway stations in the city, to help passengers.

Moreover, Beijing Subway will install water fenders in its stations to prevent rain water from pouring in. The subway stations operated by Beijing MTR will provide raincoats to passengers for free.