Events listed in Capital Markets
Council Regulation (EU) 2023/2877 concerning restrictive measures in view of the ...
ID 26390
New Council Regulation (EU) 2023/2877 as regards sanction measures „in view of the situation in Syria“ was published in the Official Journal (OJ) of the EU. The regulation modifies Council Regulation (EU) No 36/2012 relating to same issue, specifically Article 16a of the 2012 regulation, to **extend the permission for otherwise prohibited (financial) transactions to enable continuous humanitarian aid in the country following the ...
Treasury Announces Entry into Force of Income Tax Treaty with Chile
ID 26388
On December 19, 2023, the U.S. Department of the Treasury announced the official implementation of a „new“ income tax treaty between the United States and Chile. This is the first bilateral tax agreement between the United States and any country to become effective in over a decade and only the second one in force with a South American nation. The U.S. Senate approved the ...
Primary Market Bulletin 46
ID 26386
The Financial Conduct Authority (FCA) has issued a new version of its Primary Market Bulletin, Bulletin #46. This time, the bulletin primarily deals with the FCA’s view on what constitutes inside information pursuant to Article 10 of the Retained Market Abuse Regulation (UK MAR) in relation to ESG stewardship principles – ESG stewardship principles thereby refer to the responsibility of institutional investors and asset ...
New issue of the Riksbank’s journal Economic Review
ID 26385
This issue of the economic review concentrates on the operational framework for implementing the monetary policy. The document is divided into three parts: 1. Detailed explanation of what an operational framework for monetary policy is The central bank’s job is to stabilize the economy. It does so by setting interest rates, lending and buying/selling securities at different maturities than the usual market practice, ensuring ...
Treasury Publishes Public Input on Draft OECD/G20 Inclusive Framework Pillar One ...
ID 26384
The U.S. Department of the Treasury (USDT) has issued a press statement in which it confirms the conclusion of the comment period as regards its request for public input on the draft OECD/G20 Inclusive Framework Multilateral Convention for implementing Pillar One – Amount A of the international tax reform. Specifically, the USDT sought input on the draft to ensure taxation transparency, address unclear issues, ...
Iran-related Designations; Non-Proliferation Designations
ID 26383
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added four individuals and ten entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations 31 CFR Part 544, 31 CFR Part 561, and Executive Order 13382 for being involved in the facilitation or support of ...
Supporting COP outcomes with transition plans
ID 26381
In view of the conclusion of the 28th Conference of the Parties (COP28), the Transition Plan Taskforce (TPT) has published a press statement. In it, the TPT presents the key issues addressed at the COP28 and its own stance on those issues. Thereafter, the conference highlighted the importance of transition plans in addressing climate change. In fact, transition plans are becoming a crucial part ...
FINMA veröffentlicht Bericht und Lehren zur Credit-Suisse-Krise
ID 26379
Die FINMA hat einen umfassenden Bericht über die Krise der Credit Suisse veröffentlicht, der den Zeitraum von 2008 bis 2023 abdeckt. Der Bericht geht auf die Strategie der Bank, Geschäftsleistung, Führungsentscheidungen, Risikomanagement und Krisenvorbereitung ein. Zu den wichtigsten Erkenntnissen gehört der Verlust des Vertrauens in die Credit Suisse aufgrund mangelhafter Umsetzung der strategischen Ausrichtungen, wiederholter Skandale und Führungsfehler. Die daraus resultie ...
The Financial Services and Markets Act 2023 (Consequential Amendments) Regulations ...
ID 26375
The Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023 were recently published on legislation.gov.uk, the official journal of the United Kingdom. As noted in the title, the regulations make further consequential amendments to other regulations in an effort to transpose the provisions of the Financial Services and Markets Act 2023 and to repeal or replace EU retained law (REUL) so as to ...
Dubai Financial Services Authority and Hong Kong Monetary Authority join efforts to ...
ID 26372
The Hong Kong Monetary Authority (HKMA) has issued a press release to inform that the Dubai Financial Services Authority (DFSA) and the HKMA itself have formed a partnership to bolster cross-border collaboration and support climate finance in the Middle East and Asia. This partnership aims to advance sustainable finance in the regions and contribute to the net-zero transition in alignment with the goals of ...