Events listed in Capital Markets
Financial sanctions, Syria
ID 26148
The Office of Financial Sanctions Implementation, OFSI, of the HM Treasury has published a new Financial Sanctions Notice regarding sanctions measures with respect to persons and entities associated with the government of Syria pursuant to Statutory Instrument SI 2019/792, the „Syria (Sanctions) (EU Exit) Regulations 2019“. Specifically, the Office informs that it has updated its sanction list by adding eight individuals to the list ...
Bundesrat beschliesst Weiterentwicklung der «Swiss Climate Scores»
ID 26146
Der Bundesrat hat beschlossen, die freiwilligen „Swiss Climate Scores“ weiterzuentwickeln, um die Klimatransparenz von Finanzprodukten am Schweizer Finanzplatz zu verbessern. Die Scores bieten institutionellen und privaten Anlegern vergleichbare Informationen darüber, wie klimaverträglich ihre Finanzanlagen im Hinblick auf internationale Klimaziele sind (eventid=16340, eventid=17947). Die aktualisierten „Swiss Climate Scores“ ab 1. Januar 2025 enthalte ...
Financial sanctions, Global Human Rights
ID 26145
The Office of Financial Sanctions Implementation (OFSI) has published a new Financial Sanctions Notice regarding sanctions measures with respect to persons and entities engaged in or supportive of serious violations of „Global Human Rights“, pursuant to Statutory Instrument SI 2020/680, the Global Human Rights Sanctions Regulations 2020. The OFSI informs that it has modified its sanction list by **adding 11 persons and five entities ...
Central African Republic: New consolidated version of Council Regulation (EU) No ...
ID 26144
A new consolidated version of Council Regulation (EU) No 224/2014 as regards sanction measures „in view of the situation in the Central African Republic“ was published in the Official Journal (OJ) of the EU. The consolidated text thereby includes the modifications made by Council Regulation (EU) 2023/2506 which removed the notification requirements in relation to the permissible financing and / or brokerage of ...
Financial Company Executives to be Subject to Enhanced Internal Control Management ...
ID 26141
The FSC announced that „a revision bill of the Act on Corporate Governance of Financial Companies was passed by the National Assembly on 8 December 2023. The revision requires financial companies to assign a responsibilities map for each executive officer in his or her line of work and revamps the ways in which executive members’ internal control management duties are examined“. The **revision aims ...
ESAs launch joint consultation on second batch of policy mandates under the Digital ...
ID 26138
Following the first batch (eventid=21760), the ESAs have initiated a public consultation on the second batch of policy mandates under DORA. This set of policy instruments, including four draft RTS, one set of draft ITS, and two sets of guidelines, aims to establish a uniform legal framework in the domains of **major ICT-related incident reporting, digital operational resilience testing, ICT third-party risk management, and ...
The Haiti (Sanctions) (Amendment) Regulations 2023
ID 26137
The Haiti (Sanctions) (Amendment) Regulations 2023 were recently published on legislation.gov.uk, the official journal of the UK. The regulations modify existing sanctions regulations with respect to Haiti, namely the Haiti (Sanctions) Regulations 2022 (SI 2022/1281), to adjust the 2022 regulations to reflect the provisions of the UN Security Council Resolution 2699 which „changed the existing targeted arms embargo on designated individuals to an embargo ...
Form 11 – Appointment of Chief Executive Officer or Director / Change of ...
ID 26134
The Monetary Authority of Singapore has issued a revised form (Form 11) for capital market licensees, including custodians, REIT management, credit rating agencies, financial advisers, and others, which must be used to apply with MAS for „the appointment of a Chief Executive Officer or director“ or for the change of a director’s role. Noted firms are expected to submit the form online. Following a ...
SFC highlights key regulatory work and market data in quarterly report
ID 26133
The Securities and Futures Commission of Hong Kong, SFC, has published its latest Quarterly Report covering the period from July through September 2023. The report provides some general statistical data e.g. on mutual fund registrations, licenses granted, or enforcement actions, and also summarizes industry developments and the Commission’s regulatory activities during the specified period. Some of the highlights are noted below: – The SFC ...
Counter Terrorism Designations; Cyber-related Designations
ID 26131
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added six individuals and nine entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations for their connection to Russia’s Federal Security Service (FSB) or the engagement in large scale phishing activities to the detriment of ...