European Securities and Markets Authority

    Climate Risk

    ‘Brown’ Investments Risk Larger Losses from Transition Shocks

    By ESG Investor | 16/04/2021

    ESMA has found that green funds are less exposed to systemic network risks, while brown funds are more exposed to transition shocks.

    Trading & Investment

    ESMA to End 0.1% Threshold for Short Position Reporting

    By Editors | 16/03/2021

    ESMA says the current financial market environment no longer resembles the emergency situation that required it to tighten short position reporting rules last March.

    Structural Regulation

    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.

    Supervision & Enforcement

    Germany’s BaFin to Be Reorganised, Top Officials Forced Out

    By Editors | 31/01/2021

    Finance minister Olaf Scholz said the Wirecard affair revealed a need to reorganise Germany’s system of financial regulation “so that it can fulfil its supervisory role more effectively”.

    Market Data & Technology

    ANNA Announces Expansion of ISIN-to-LEI Mapping Initiative

    By Editors | 16/12/2020

    The linking of ISINs and LEIs effectively links issuers to the issuance of securities, thereby improving transparency and aiding risk and exposure management.

    Anti-Money Laundering

    Philippine Authorities Probe Financial Transactions Linked to Wirecard

    By Sanday Chongo Kabange | 11/11/2020

    The National Bureau of Investigation is examining the financial transactions of a law firm office that appears to have provided legal services to Wirecard and Jan Marsalek.

    Structural Regulation

    The AIFMD Review: Potential Impacts for Asia Pacific

    By Arthur Carabia | 10/11/2020

    While some of the proposals could be harmful to market participants, the review presents an opportunity to clarify certain elements of AIFMD, says ICMA’s Arthur Carabia.

    Supervision & Enforcement

    BaFin, FREP Were Deficient in Supervising Wirecard, says ESMA

    By Editors | 04/11/2020

    ESMA says it identified deficiencies, inefficiencies and legal and procedural impediments in the supervisory response to Wirecard between 2016 and 2018.

    Structural Regulation

    HKIFA Warns Against Changing UCITS Delegation Model – Report

    By Editors | 15/10/2020

    HKIFA chief Sally Wong reportedly said a move to restrict the delegation model could prompt capital to flow away from the European fund industry.

    Clearing & Post-Trade

    China’s DCE, ZCE Assessed as Post-trade Transparency Positive

    By Editors | 08/10/2020

    The positive assessments relieve EU investment firms from the obligation to make DCE and ZCE transactions post-trade transparent via an APA.

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