Europe

Crypto / Digital Assets

EU Proposes Lower Risk Weights for Stablecoins, Tokenised Assets

By Mark Johnston | 02/06/2023

Stablecoins backed by non-fiat assets such as gold would have a 250% risk weight. Those backed by fiat currency would be treated the same as the underlying.

Crypto / Digital Assets

Eurex Receives Approval to Offer Bitcoin Futures to US Investors

By Ranamita Chakraborty | 02/06/2023

US investors can now benefit from access to a wider range of participants and liquidity pools during Asian, European and US hours, Eurex says.

Market Infrastructure

LME Consults on Reforms to Boost Confidence in Metals Market

By Editors | 31/05/2023

The proposed reforms include expanded reporting on stored metal, permanent measures to address low stock levels, and revised closing price methodologies.

Capital / Liquidity

EU Commission Grants Antitrust Approval for UBS-Credit Suisse Merger

By Editors | 29/05/2023

The UBS acquisition of Credit Suisse has been approved in the EU, but is being complicated in China by regulatory requirements.

ESG / Sustainability

Indonesia, Malaysia to Object to EU Deforestation Law

By Ranamita Chakraborty | 26/05/2023

Indonesia and Malaysia are alleging the EU’s new deforestation law will harm their palm oil industries.

Crypto / Digital Assets

ESMA Warns of Crypto Mis-selling by EU Investment Firms

By Mark Johnston | 26/05/2023

ESMA says firms should now use their regulatory status for traditional finance as a marketing tool to promote crypto investments.

ESG / Sustainability

IIGCC Outlines Principles for Enhancing Net Zero Benchmarks

By ESG Investor | 26/05/2023

New IIGCC working group with Bloomberg, FTSE Russell, MSCI, and S&P Global aims to promote best practices and real-world emissions reductions.

Securities / Derivatives

EU Commission Unveils Measures to “Empower” Retail Investors

By Mark Johnston | 25/05/2023

The measures include better disclosures about investment products and services and a ban on inducements for “execution-only” sales.

Crypto / Digital Assets

TP ICAP Launches New Digital Assets Trading Platform

By Mark Johnston | 25/05/2023

The platform can be used for order matching and trade execution, with segregated custody and settlement done separately.