Events listed in Capital Markets
Article 21(3) Benchmarks Regulation – Notice of First Decision – 3 month sterling ...
ID 26040
The Financial Conduct Authority (FCA) has published a so-called Notice of First Decision which is primarily addressed at the LIBOR benchmark administrator ICE Benchmark Administration Limited (IBA) and sets out the requirement for IBA to continue to publish the synthetic 3-month sterling LIBOR tenor beyond December 29, 2023, the initial last day for such publication. Specifically, in view of the current use of the ...
CP23/25: Quarterly Consultation Paper No. 42
ID 26039
The FCA has posted miscellaneous improvement proposals to the FCA Handbook. Chapter 2: Training and Competence (TC) qualifications table Financial services qualifications table has been updated to recognise International Capital Market Association (ICMA) a sole qualifications provider, update to Operations Certificate Programme (OCP) and Chartered Institute for Securities and Investment (CISI) availability programmes. **Chapter 3: minor consequential amendments to CREDS as a ...
Circular in relation to the clearing and record keeping rules for the OTC ...
ID 26038
The Securities and Futures Commission of Hong Kong (SFC) has issued a circular entitled Circular in relation to the clearing and record keeping rules for the OTC derivatives regime – changes to the list of persons designated as financial services providers to inform of the updated list of firms designated as financial service providers [FSPs] in Hong Kong. This list includes the name of ...
Circulaire CSSF 23/846
ID 26033
This circular serves to notify financial and non-financial counterparties to derivatives falling under Articles 2(8) and 2(9) of EMIR, where the CSSF acts as the competent authority as per Article 1(2) of the EMIR Law, that the CSSF applies the ESMA Guidelines on reporting under EMIR (ESMA74-362-2281), published on 23 October 2023. The CSSF, in its capacity as the competent authority, therefore **officially adopts ...
New Zealand: Commission Implementing Regulation (EU) 2023/2693
ID 26030
New Commission Implementing Regulation (EU) 2023/2693 as regards an equivalence decision relating to the exchange of information between New Zealand and various EU member states under Council Directive 2011/16/EU dealing with administrative cooperation in taxation matters was published in the Official Journal of the EU. Specifically, the implementing regulation specifies that the information to be exchanged between New Zealand and Belgium, Bulgaria, Croatia, Cyprus, ...
Aktualisierte Sanktionsmeldung
ID 26028
Das SECO hat eine Änderung des Anhangs 3 und 4 (Finanzsanktionen) und (Ein- und Durchreiseverbot) der Verordnung vom 30. März 2011 über Wirtschaftsmaßnahmen gegenüber Libyen publiziert. Die Liste der natürlichen Personen, Unternehmen und Körperschaften, gegen die sich die Sanktionen richten, wurde entsprechend aktualisiert. Die Maßnahmen umfassen Finanzsanktionen und ein Ein- und Durchreiseverbot. ___ Änderungen in Anhang 3 (Finanzsanktionen): Die Daten von vier Individuen wu ...
Bekendtgørelse om anmeldelse og registrering af virksomheder og personer i ...
ID 26026
The Danish FSA has published a new order on the registration of companies and persons in the AML register, applied to companies and persons covered by §1, subsections: – 1 (Financial institutions), – 8 (other companies and persons who professionally carry out one or more of the activities), – 22 (Providers of exchange between virtual currencies and fiat currencies), – 23 (Providers of virtual ...
Consultation on the codes of practice for wholesale cash distribution market ...
ID 26025
The Bank of England has launched a consultation on the codes of practice (CoPs) for wholesale cash distribution market oversight. Following the consultation on the supervisory approach to wholesale cash distribution published in December 2022 (see eventid=19077), the Bank is now consulting on the detailed CoPs for the market oversight regime. The proposed new scheme would consist of three parts: **1. CoPs for market ...
North Korea Designations; Non-Proliferation Designation
ID 26024
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added eight individuals and one entity to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to various U.S. sanction regulations and Executive Orders for being involved in or supportive of the North Korean missile and military program or for being ...
Credit Rating Agency UK Market Share Report for 2022
ID 26023
In view of Article 8d of the Retained Credit Rating Agencies Regulation (UK CRAR) which mandates that 1. issuers in UK that rely on two or more credit rating agencies (CRAs) for their rating shall use one CRA that has no more than 10% market share in the UK (if not, they have to document the reasons as to why they did not choose ...