Events listed in Capital Markets
Myanmar/Burma: Council Implementing Regulation (EU) 2023/2789 restrictive measures ...
ID 26194
Council Implementing Regulation (EU) 2023/2789 regarding sanction measures „in view of the situation in Myanmar/Burma“ was published in the Official Journal (OJ) of the EU. The Implementing Regulation amends the list of natural and legal persons, entities and bodies – the sanctioned parties – set out in Annex IV of Council Regulation (EU) No 401/2013 by **adding four individuals and two entities to the ...
Rundschreiben 12/2023 (GW)
ID 26192
Die BaFin veröffentlichte das Rundschreiben 12/2023 (GW) betreffend Drittstaaten, die in ihren Systemen zur Bekämpfung von Geldwäsche und Terrorismusfinanzierung strategische Mängel aufweisen, die wesentliche Risiken für das internationale Finanzsystem darstellen (Hochrisiko-Staaten) veröffentlicht, um den Kampf gegen Geldwäsche, Terrorismusfinanzierung und die Finanzierung der Proliferation (Verbreitung von Massenvernichtungswaffen) zu intensivieren. Dieses Rundschreiben, ba ...
Bundesrat will mit Einführung der OECD-Mindeststeuer zuwarten
ID 26189
Der Schweizer Bundesrat hat angekündigt, mit der Einführung der OECD-Mindeststeuer zu warten. Obwohl er erwartet, dass die Mehrheit der EU- und Industriestaaten die OECD-Mindeststeuer bis zum 1. Januar 2024 einführen wird, will die Schweiz ihre Entscheidung bis zum letzten Moment hinauszögern, um zu sehen, ob auch konkurrierende Standorte die Steuer einführen. Im weltweiten Kampf gegen Steueroasen haben sich 140 Länder darauf geeinigt, große Konzerne ...
Financial sanctions targets: list of all asset freeze targets
ID 26188
Following the publication of new sanction measures, a new consolidated version of the list containing the names of ALL parties currently subject to asset freezing measures in the UK as of December 11, 2023 was published by the Office of Financial Sanctions Implementation of the HM Treasury.
Financial sanctions, Belarus
ID 26187
The Office of Financial Sanctions Implementation, OFSI, has published a new Financial Sanctions Notice regarding sanctions measures in view of Belarus‘ violations of human rights, disrespect of democracy, and its support of the Russian Federation in latter’s aggression towards Ukraine pursuant to Statutory Instrument SI 2019/600, the „Republic of Belarus (Sanctions) (EU Exit) Regulations 2019“. Specifically, the OFSI informs that it has updated its ...
Global Magnitsky Designations
ID 26186
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added two individuals and 44 associated entities to its Specially Designated Nationals and Blocked Persons List (SDN List) due to their engagement in transnational corruption pursuant to existing sanction regulations (Executive Order 13818 and 31 CFR Part 583). The affected persons are listed ...
Congo: Council Implementing Regulation (EU) 2023/2771 concerning restrictive ...
ID 26185
New Council Implementing Regulation (EU) 2023/2771 concerning restrictive measures in light of the situation in the Democratic Republic of the Congo was published in the Official Journal (OJ) of the EU. The Implementing Regulation modifies an existing sanction regulation in this context, namely Council Regulation (EC) No 1183/2005, to replace the sanctions list set out in Annex Ia of the 2005 Regulation. According to ...
FinCEN to Host Webinar on Beneficial Ownership Information Reporting Requirements
ID 26184
In view of the coming into force of the new beneficial ownership reporting requirements on January 1, 2024 (please see EventID 17480 in this context), the Financial Crimes Enforcement Network (FinCEN) published – on December 11, 2023 – a press statement in which it announced an „upcoming“ webinar with the topic: „Beneficial Ownership Information Reporting Requirements: What You Need to Know“ on December 13, ...
Financial sanctions, Russia
ID 26182
The Office of Financial Sanctions Implementation (OFSI) has published a new Financial Sanctions Notice regarding sanctions measures with respect to persons and entities involved in or supportive of Russia’s action to destabilize Ukraine and threatening the sovereignty and independence of the country pursuant to Statutory Instrument SI 2019/855, the „Russia (Sanctions) (EU Exit) Regulations 2019“. Specifically, the OFSI informs that it has updated its ...
CPMI IOSCO Quantitative Disclosure Template – SIX x-clear AG (Q3/2023), ...
ID 26181
The Swiss Exchange (SIX Group/SIX x-clear AG) has published the „CPMI IOSCO Quantitative Disclosure Template“ for Q3/2023. The template includes close to 200 fields of quantitative data related to the parameters like credit risk, collateral, margin, liquidity risk, and aims to further increase the transparency of financial markets. Please click here in order to view more information on CPMI-IOSCO and here to visit the ...