Europe

Market Data & Technology

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.

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.

Reporting & Disclosures

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.

Sustainable Finance

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.

Climate Risk

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.

Payments & Settlements

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.

Fraud, Scams & Cybercrime

Singapore Police Set to Charge Suspect in Covid-19 Scam

By Editors | 24/02/2021

Last March, the suspect used the identity of a legitimate company to advertise and sell surgical masks and hand sanitisers that were never delivered.

PEPs & Sanctions

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.

PEPs & Sanctions

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?