Europe

Securities / Derivatives

LME Faces More Lawsuits Over Cancelled Nickel Trades

By Editors | 25/09/2022

AQR Capital Management, DRW Commodities, Flow Traders, Capstone Investment Advisors and Winton Capital Management filed legal action against the LME.

Big Picture

AFME Considers Implications of an EU Move to T+1 Settlement

By Editors | 23/09/2022

AFME acknowledges the benefits of T+1 settlement but calls for an industry task force to be set up to conduct a detailed assessment.

Crypto / Digital Assets

EU Lawmakers Finalise Text of MiCA Legislation – Reports

By Editors | 23/09/2022

Limitations on the use of USD-pegged stablecoins within the EU have been removed. Algorithmic stablecoins and tradeable NFTs could be brought into scope.

Fintech / Regtech

Banks, Tech Firms Propose Payments Pilot Using EU Digital IDs

By Editors | 22/09/2022

European banks and tech firms will show how payments and EU digital ID wallets can be combined across borders and in multiple currencies.

ESG / Sustainability

Environmental Groups Take Legal Action over EU Taxonomy

By ESG Investor | 22/09/2022

Four environmental groups are set to start legal action in an attempt to prevent the EU including fossil gas in its sustainable finance rulebook.

Crypto / Digital Assets

Deutsche Börse Goes Live With Digital Securities Platform

By Editors | 21/09/2022

The D7 platform allows FIs to issue digital financial instruments, providing an alternative to conventional physical issuance and securities processing.

ESG / Sustainability

ECB Issues Bond Decarbonisation Plans

By ESG Investor | 21/09/2022

The ECB has published details of how it intends to “gradually decarbonise” the corporate bond holdings in its monetary policy portfolio.

ESG / Sustainability

Common Ground Taxonomy: An Analytical Tool

By Manesh Samtani | 20/09/2022

The HKGFA is looking to address misconceptions about the EU-China Common Ground Taxonomy and how it is meant to be used, says Chaoni Huang.

Crypto / Digital Assets

UK FCA Issues Warning Against Crypto Exchange FTX

By Editors | 20/09/2022

The FCA said FTX is targeting UK consumers without proper authorisation. FTX believes a scammer is impersonating the company.