EUROPE

    EBA on Heightened Security Alert Following Cyber Attack

    By Editors | 09/03/2021

    Tens of thousands of organisations in Asia, Europe and the US were targeted in a campaign that exploited vulnerabilities in different versions of Microsoft’s mail server software.

    Capital / Liquidity

    Japan, EU Boost Cooperation on Insurance Supervision

    By Ranamita Chakraborty | 06/03/2021

    EIOPA will provide the FSA advice on an equivalence decision under the EU’s Solvency II framework and, later, the monitoring of this decision.

    Market Infrastructure

    IBA Publishes Beta Version of ICE SONIA Indexes

    By Editors | 05/03/2021

    The ICE SONIA Indexes can be used to help calculate and process interest accruals from both a lender’s and borrower’s perspective.

    Market Infrastructure

    Tokyo Exchange Obtains ESMA Recognition Under BMR

    By Editors | 04/03/2021

    A total of 192 benchmarks administered by the TSE are listed as in scope, including key benchmarks TOPIX and JPX-Nikkei Index 400, as well as their sub-indices.

    ESG / Sustainability

    EU: Delay to Finalised RTS Generates SFDR Uncertainty

    By ESG Investor | 04/03/2021

    Asset managers had hoped that finalised regulatory technical standards for Level 2 SFDR reporting would be available to assist preparations for Level 1 compliance.

    Securities / Derivatives

    UK to Issue First Sovereign Green Bonds for Retail Investors

    By Sanday Chongo Kabange | 03/03/2021

    The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale to retail investors this year.

    ESG / Sustainability

    UK to Launch Post-Brexit Carbon Trading Scheme in May

    By ESG Investor | 02/03/2021

    The UK’s emissions trading scheme is “unlikely” to diverge too much from the EU’s regime, says Hæge Fjellheim, Head of Carbon Research at Refinitiv.

    Fintech / Regtech

    European Banks Push Ahead with Payments Network Plans

    By Sanday Chongo Kabange | 02/03/2021

    The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.

    AML / KYC

    UK, Canada Impose Sanctions Against Myanmar Officials

    By Manesh Samtani | 21/02/2021

    Human Rights Watch is calling for economic sanctions, travel bans and asset freezes for leaders of Myanmar’s military, military business conglomerates and the new governing body.

    AML / KYC

    UK Sanctions Policy: A Progress Report

    By Emil Dall | 21/02/2021

    The UK has formally embarked on its independent sanctions regime. What work has been completed so far and what remains to be done?

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