Europe

Sanctions

Europe Announces Measures to Counter Russian Shadow Fleet

By Editors | 19/12/2024

12 countries will work together to counter the shadow fleet by checking suspicious vessels for valid insurance documents.

Securities / Derivatives

FCA Proposes Rules for New Stock Market for Private Companies

By Editors | 18/12/2024

PISCES will allow private and other unquoted UK and overseas companies to trade their securities during intermittent trading windows.

Sanctions

UK Imposes Sanctions on 20 More Russian Shadow Fleet Vessels

By Editors | 18/12/2024

Shadow fleet ships are left “idling uselessly outside ports, which is costing Putin and his war effort millions in wasted funds,” the UK said.

Crypto / Digital Assets

FCA Proposes New Rules to Prevent Abuse in Crypto Markets

By Mark Johnston | 17/12/2024

CATPs will have to establish robust due diligence processes for new listings, produce disclosure documents, and implement market abuse related systems and controls.

Sanctions

EU Announces First Sanctions Under New ‘Hybrid Threats’ Regime

By Editors | 17/12/2024

The sanctions are in response to “Russia’s malicious actions and its lack of respect for a rules-based international order and international law”.

Sanctions

EU Council Adopts 15th Sanctions Package Against Russia

By Editors | 17/12/2024

The package targets 52 ‘shadow fleet’ vessels and for the first time adds Chinese entities and individuals to the EU sanctions register.

Sanctions

EU to Issues First Sanctions Targeting Russian Disinformation

By Editors | 16/12/2024

The sanctions are part of a new regime that focuses on disinformation operations and other Russian-sponsored destabilising activities globally.

Capital / Liquidity

AllianceBernstein to Sue Switzerland Over Credit Suisse AT1 Writedown

By Editors | 16/12/2024

AllianceBernstein will be the first large institutional investor to sue Switzerland over its decision to write down Credit Suisse’s AT1 bonds last year.

Sanctions

Russia’s Rosneft, India’s Reliance Agree $13b Crude Oil Deal

By Editors | 16/12/2024

The EU has been separately calling on Indian authorities to stop the illicit flow of Common High Priority Items to Russia.