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BIS: Fintech Vs Bank Credit: How Do They React To Monetary Policy?

Date 22/12/2023

We investigate how fintech credit, which includes peer-to-peer and marketplace lending, as well as lending by major technology firms, responds to monetary policy changes. This is a relevant question given the rapid growth of fintech credit worldwide, particularly in countries like China, Korea, Malaysia, and Kenya, where it comprises up to 5% of total credit.

Nigerian Exchange Market Report For December 22nd, 2023

Date 22/12/2023

A total turnover of 2.474 billion shares worth N53.787 billion in 35,848 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.882 billion shares valued at N31.630 billion that exchanged hands last week in 33,020 deals.

SEC: BarnBridge DAO Agrees To Stop Unregistered Offer And Sale Of Structured Finance Crypto Product

Date 22/12/2023

The Securities and Exchange Commission today announced that BarnBridge DAO, a purportedly decentralized autonomous organization, and its two founders, Tyler Ward and Troy Murray, will pay more than $1.7 million to settle charges that they failed to register BarnBridge’s offer and sale of structured crypto asset securities known as SMART Yield bonds. The Commission also charged the respondents with violations stemming from operating BarnBridge’s SMART Yield pools as unregistered investment companies. To settle the SEC’s charges, BarnBridge agreed to disgorge nearly $1.5 million of proceeds from the sales, and Ward and Murray each agreed to pay a $125,000 civil penalties.

SEC Awards More Than $28 Million To Seven Whistleblowers

Date 22/12/2023

The Securities and Exchange Commission today announced awards of more than $28 million combined to seven individuals whose information and assistance led to a successful SEC enforcement action.

Cloudia Research Lists On Euronext Growth Milan

Date 22/12/2023

• 31st listing of 2023 on Euronext Growth Milan

• 61st listing on Euronext in 2023

• Total placement volume of the offering equal to €4 million

ACER Amends The Harmonised Allocation Rules For Long-Term Electricity Transmission Rights

Date 22/12/2023

On 22 December 2023, with its Decision 18/2023, ACER approved the proposal of the Transmission System Operators (TSOs) to amend the Harmonised Allocation Rules (HAR) for long-term electricity transmission rights.

SEC Charges UAE-Based Brooge Energy And Former Executives With Fraud

Date 22/12/2023

The Securities and Exchange Commission today announced fraud charges against Brooge Energy Limited, a publicly-traded energy company located in the United Arab Emirates, the company’s former CEO, Nicolaas Lammert Paardenkooper, and its former Chief Strategy Officer and Interim CEO, Lina Saheb.

U.S. Department Of The Treasury, IRS Release Guidance On Hydrogen Production Credit To Drive American Innovation And Strengthen Energy Security

Date 22/12/2023

Today the U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations on the Clean Hydrogen Production Credit established by the Inflation Reduction Act (IRA), part of President Biden’s Investing in America agenda and a key pillar of Bidenomics, which is creating good-paying jobs, strengthening energy security, spurring private-sector investment to build the clean energy economy, and combatting the climate crisis. 

Malawi Stock Exchange Weekly Summary, 22 December 2023

Date 22/12/2023

Click here to download Malawi Stock Exchange's weekly summary.

ACER Amends The Congestion Income Distribution Methodology

Date 22/12/2023

ACER approved the proposal received by Transmission System Operators (TSOs) to amend the congestion income distribution methodology in the European electricity markets.