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  • US Treasury Secretary Scott Bessent's Statement Before The Senate Finance Committee

    Date 12/06/2025

    Chairman Crapo, Ranking Member Wyden, and members of the committee—I’m grateful to join you today. Treasury is committed to working with Congress to improve our nation’s finances, create new jobs, and strengthen the economy. We look forward to coordinating with you on the President’s Budget and his tax priorities in the coming weeks. 

  • The EBA Issues Revised List Of Validation Rules On Supervisory Reporting

    Date 12/06/2025

    The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules. The EBA also released today a small validation package including a micro taxonomy package and DPM VR deactivation updates scripts, which are needed from release 4.0, for each deactivation exercises, to deactivate rules in taxonomy and in DPM in a consistent manner. 

  • ESMA Provides Advice And Recommendations To Streamline Prospectuses

    Date 12/06/2025

    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published final reports on the Prospectus Regulation and on civil prospectus liability.

  • Wedbush Fund Advisers Launches Dan IVES Wedbush AI Revolution ETF, Tracking The Solactive Wedbush Artificial Intelligence Index

    Date 12/06/2025

    Solactive is pleased to announce its inaugural collaboration with Wedbush Fund Advisers, LLC, resulting in the launch of the Dan IVES Wedbush AI Revolution ETF. The ETF tracks the Solactive Wedbush Artificial Intelligence Index, which is designed to capture the transformative potential of companies driving the global AI economy. This launch builds on the influential research and thematic vision of Dan Ives, whose expertise in the technology sector played a pivotal role in shaping the index’s design and focus.

  • ESMA Publishes Principles For Third-Party Risk Supervision

    Date 12/06/2025

    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published newly developed Principles on third-party risks supervision. These principles aim at supporting a common and effective EU-wide supervisory culture.