News Centre

Big-Ticket Deals Take Back Seat As Caution Grips APAC VC Funding Landscape During Q4 2020, Finds GlobalData

Date 19/01/2021

Low value deals (investment <=US$10m) accounted for the majority of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region while billion-dollar deals remained mostly non-existent during the fourth quarter (Q4) of 2020, according to GlobalData, a leading data and analytics company.

ESAs Publish Final Draft Its On Reporting Templates For Intra-Group Transactions And Risk Concentration Under FICOD

Date 18/01/2021

The European Supervisory Authorities - ESAs (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority) submitted today to the European Commission the final Report on the draft Implementing Technical Standards (ITS) under the Financial Conglomerates Directive (FICOD) on reporting templates for intra-group transactions (IGT) and risk concentration (RC). The draft ITS aim at further increasing comparability amongst conglomerates of different EU Member States thereby improving supervisory consistency.

CME Group Completes Migration Of BrokerTec EU Government Bond And EU Repo Trading Platform To CME Globex

Date 18/01/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced that BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, has successfully migrated its European government bonds and repo trading platform to CME Globex.

EACH Publishes Its New Paper "Carrots And Sticks: How The Skin In The Game Incentivises CCPs To Perform Robust Risk Management"

Date 18/01/2021

The European Association of CCP Clearing Houses (EACH) published today an EACH paper entitled "Carrots and sticks: How the skin in the game incentivises CCPs to perform robust risk management". This document is part of series of papers produced in the context of the Online Workshop on CCP Risk Management that EACH organised jointly with the Journal for Financial Market Infrastructures (JFMI) on Tuesday 13th October 2020.

BIS - Investing Like Conglomerates: Is Diversification A Blessing Or Curse For China's Local Governments?

Date 18/01/2021

Summary

Focus

China's local government financing vehicles (LGFVs) are often viewed as platforms that are used to evade borrowing constraints and make inefficient investments. They are even accused of harbouring potential fiscal and financial risks. By contrast, anecdotal evidence suggests that some LGFVs contribute to local economic growth through successful investments.

UK Financial Conduct Authority Reminds Firms To Regularly Review Regulatory Permissions

Date 18/01/2021

We are reminding firms of their obligation to regularly review regulatory permissions to ensure they are up to date and removed where they are not needed. We expect firms to notify us of material changes and apply to make any necessary changes in a timely way. Please note that we have the power to cancel a firm’s Part 4A permission if it has not carried on a regulated activity for at least 12 months.

Stellantis Lists On Euronext Paris - Market Capitalisation Of €39.2bn

Date 18/01/2021

Euronext today welcomes Stellantis, one of the world leaders in the automobile industry, to Compartment A of Euronext’s regulated market in Paris (ticker code: STLA). The Stellantis shares will also begin trading today on Borsa Italiana in Milan and on 19 January on the New York Stock Exchange (NYSE).

New Appointments At Euronext

Date 18/01/2021

Euronext today announced that Delphine d’Amarzit has been appointed by the Supervisory Board of Euronext N.V. as CEO of Euronext Paris and member of the Managing Board of Euronext N.V., subject to regulatory and shareholder approvals, starting from 15 March 2021. Delphine d’Amarzit joins from Orange Bank where, as Deputy CEO, she was responsible for the oversight of the Operations, Credit, Finance, Risk and Compliance functions. Delphine d’Amarzit holds an extensive knowledge of European and French capital markets, notably having held senior positions within the French Treasury Department for several years with responsibilities for capital markets development, European financial regulation, and corporate financing. From 2007 to 2009, she was also in charge of financial and economic affairs at the office of the Prime Minister where she participated in the definition of the public response to the financial crisis, rescue package and recovery plans and coordinated the action on all matters related to economic reform and financial services.

Infinite Fleet Launches Security Token Offering (STO) On STOKR, Led by US$1M Investment From Tether International Limited - MMO Game Infinite Fleet Secures US$1 Million Investment From Tether International As Its Public STO Goes Live On STOKR

Date 18/01/2021

Exordium, the publisher of upcoming sci-fi massively multiplayer online (MMO) strategy game Infinite Fleet, today announced the launch of its public security token offering (STO) for select European countries that will grant every participant equity in the company and a share in future profits.

Iberclear Incorporates Settlement Of German And French Fixed Income Securities Cleared In LCH

Date 18/01/2021

Iberclear, the Spanish Central Securities Depository and a BME company, is incorporating from today the settlement of German and French government debt securities and certain bonds cleared in LCH SA, following the agreement signed with this clearing house.