Events listed in Capital Markets
Ostateczna decyzja ws. Everest Investment Management SA
ID 26274
Following an imposed fine on Everest Investment Management SA (see eventid=20336) in March 2023 and then a its request for a reconsideration (see eventid=20842) in May 2023, KNF has released a final decision. To recall, on 24 March 2023, the company was fined a total of PLN 100,000 for: 1. failing to meet own funds requirements from December 10, 2021 to June 8, 2022 ...
FSC Provides Guideline on Underlying Assets for Fractional Investment Service ...
ID 26273
The FSC has released a guideline (only available in Korean) addressing the underlying asset requirement for trust beneficiary certificates in the context of fractional investment services offered by designated innovative financial service providers within the financial regulatory sandbox program. The guideline, discussed with the innovative financial service selection committee on 28 November 2023 and finalized at the FSC’s regular meeting on 13 December 2023, ...
ESMA proposes changes and updates timeline for its Guidelines on funds’ names
ID 26271
ESMA has provided an update on its guidelines regarding the use of ESG and sustainability-related terms in fund names (eventid=18186). Initially, the guidelines were expected to be published in Q2 2024; however, ESMA has decided to postpone their adoption to account for the outcome of the AIFMD and UCITS Directive reviews. The revised legal texts include two new mandates for ESMA to establish guidelines ...
Kapitalverflechtungen mit dem Ausland (INP) – INP 1.6
ID 26270
Die SNB veröffentlicht das aktuelle Erhebungsformular (Meldewesen) für folgendes Fachgebiet: + Erhebungsgegenstand: Grenzüberschreitende Kapitalverflechtungen von in der Schweiz und Liechtenstein domizilierten Unternehmen (inkl. Erträge), sowie operative Angaben zu Mehrheitsbeteiligungen im Ausland. Die Erhebungen folgen den Richtlinien des IWF (Handbuch zur Zahlungsbilanz und zum Auslandvermögen, 6. Ausgabe) und den Anforderungen der EU gemäß dem bilateralen Statistikabkomme ...
Gesetz zur Finanzierung von zukunftssichernden Investitionen ...
ID 26268
Das Zukunftsfinanzierungsgesetz wurde im BGBl veröffentlicht. Es zielt darauf ab, Deutschland als Finanzstandort attraktiver zu machen, indem es Investitionen in Digitalisierung und Klimaschutz fördert. Das Gesetz enthält Maßnahmen im Steuer-, Kapitalmarkt- und Gesellschaftsrecht und bietet Vereinfachungen, um Aktien und börsennotierte Wertpapiere attraktiver zu gestalten. Es umfasst 35 Artikel, die verschiedene Gesetze und Verordnungen betreffen, darunter die Senkung der Min ...
OFSI Annual Reviews
ID 26263
The Office of Financial Sanctions Implementation (OFSI) has published its Annual Review 2022-23 which provides a comprehensive overview of the significant developments and achievements in the use of financial sanctions at both global and UK levels during 2022/2023 – which the review titles „a historic and transformative period“. The review underscores the critical role of financial sanctions in addressing threats to UK and global ...
The Iran (Sanctions) Regulations 2023
ID 26261
The new Iran (Sanctions) Regulations 2023 was published in the official journal of the UK at legislation.gov.uk. The regulations repeal the Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019 that were made on short notice to retain a sanctions regime towards Iran following the UK’s exit from the European Union. The new regulations basically implement a similar sanctions framework towards the Iran without the ...
Asset Management
consultation
IOSCO seeks feedback on Proposed Good Practices to improve trading venues’ ...
ID 26260
IOSCO has released a Consultation Report on Market Outages, emphasizing operational resilience, a global priority for securities regulators. Recent market disruptions underscore the diverse approaches of trading venues in coordinating recovery pathways for participants and the public. Market outages, stemming from technical or operational issues, can significantly disrupt trading venues, impacting price discovery and market integrity. Recognizing the potential severity, **IOS ...
Financial sanctions, Iran
ID 26259
Following the implementation of the new Iran (Sanctions) Regulations 2023 which repeal Statutory Instrument SI 2019/134, the „Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019“, in its entirety to create a new sanctions framework for human rights violations and any „hostile activity against the United Kingdom and other countries“ undertaken by Iran (EventID 24209), the Office of Financial Sanctions Implementation of the HM Treasury, ...
Dient een pensioenfonds dat ultimo 2023 in een herstelsituatie verkeert in 2024 een ...
ID 26258
On 14 december 2023, DNB published a Q&A addressing whether a pension fund, which is in a recovery situation by the end of 2023, needs to submit a recovery plan in 2024 if it expects to submit a bridging plan in 2024. Question: **Should a pension fund that is in a recovery situation at the end of 2023 submit a recovery plan in 2024 ...