The amendments simplify the cash penalties process by putting CSDs in charge of collection and distribution, including for CCP-cleared transactions.
November 24, 2022A fund with ESG-related terms in its name will have to use at least 80% of its investments to meet environmental or social characteristics or sustainable investment objectives.
November 22, 2022The feedback may lead to further supervisory or enforceable action to reduce greenwashing risks; ESAs also call for an extension to the PAI review.
November 17, 2022The recognition will make it easier and more cost-effective for European counterparties to access Malaysia's derivatives market.
November 16, 2022New requirements on network and information system security will apply to all financial system participants, including crypto firms and cloud services providers.
November 15, 2022ESMA decision will block EU banks from dealing with Indian CCPs after 30 April 2023. India faces similar standoffs with UK and Japanese regulators.
November 14, 2022The recognition lowers capital requirements and makes managing counterparty risk easier for EU financial institutions participating in Taiwan's market.
November 11, 2022FIA is supportive of using circuit breakers to manage disorderly markets but not as tools to control or cap prices.
November 10, 2022EMIR conditions for recognition are not met because no cooperation arrangements have been concluded between ESMA and the relevant Indian authorities.
November 1, 2022IOSCO's new chair is Jean-Paul Servais, chairman of Belgium's FSMA. The two new vice chairs are the FSA's Ariizumi Shigeru and the CFTC's Rostin Behnam.
October 21, 2022