News Centre

ECB: Monetary Policy Decisions

Date 11/04/2024

The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed the Governing Council’s previous assessment of the medium-term inflation outlook. Inflation has continued to fall, led by lower food and goods price inflation. Most measures of underlying inflation are easing, wage growth is gradually moderating, and firms are absorbing part of the rise in labour costs in their profits. Financing conditions remain restrictive and the past interest rate increases continue to weigh on demand, which is helping to push down inflation. But domestic price pressures are strong and are keeping services price inflation high.

Cyprus Stock Exchange Bulletin For March 2024

Date 11/04/2024

The total value of transactions during the month in review reached €14,77 million, with an average of € 0,82 million per trading session.

ESMA Shows EU Regulators’ Supervisory Practices Regarding EMIR Data Quality Improving

Date 11/04/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its follow-up report to the 2019 peer review into supervisory actions aiming at enhancing the quality of data reported under EMIR.  

DLC.Link Launches Self-Wrapped Bitcoin "dlcBTC" Leveraging Discreet Log Contracts - DLC.Link’s Safer-Wrapped Bitcoin Alternative Will First Be Available On Arbitrum, Creating A Trustless Bridge To Ethereum DeFi Without Centralizing Or Pooling Assets

Date 11/04/2024

DLC.Link, a self-wrapping trustless bridge to DeFi, has launched its key offering, dlcBTC. The dlcBTC token is a safer wrapped Bitcoin alternative, utilizing Discreet Log Contracts (DLC), a Bitcoin scaling technology enabled in Bitcoin’s Taproot upgrade two years ago. dlcBTC represents a significant advancement in decentralized finance (DeFi), allowing users to seamlessly utilize Bitcoin across the Ethereum ecosystem while retaining full ownership of their assets. 

Broadridge Names Hope Jarkowski Chief Legal Officer

Date 11/04/2024

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, announced that Hope Jarkowski has been appointed Chief Legal Officer, effective May 6, 2024. Jarkowski succeeds Keir Gumbs, who served as Chief Legal Officer until November 2023.

Moscow Exchange: Concentration Limits Per Issuer On Securities market

Date 11/04/2024

CCP NCC sets the following new concentration limits per issuer on Securities market from April 15-th, 2024:

GPW Group 2023 Financial Results

Date 11/04/2024

GPW Group's consolidated results in 2023:

• Sales revenue: PLN 444,9 mn (+14.3% YoY)
• Net profit: PLN 156.0 mn (+7.6% YoY)
• EBITDA: PLN 160.2 mn (-4.3% YoY)
• Continued index rally and significant increase in exchange turnover in Q1 2024 (+18,4% YoY) 

ESAs To Run Voluntary Dry Run Exercise To Prepare Industry For The Next Stage Of DORA Implementation

Date 11/04/2024

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today announced that they will launch in May the voluntary exercise for the collection of the registers of information of contractual arrangements on the use of ICT third-party service providers by the financial entities. Under the Digital Operation Resilience Act (DORA) and starting from 2025, financial entities will have to maintain registers of information regarding their use of ICT third-party providers. In this dry run exercise, this information will be collected from financial entities through their competent authorities and will serve as preparation for the implementation and reporting of registers of information under DORA.

UK Financial Conduct Authority Sets Out Findings Against Link Fund Solutions

Date 11/04/2024

Link Fund Solutions (LFS) failed to act with due skill, care and diligence in its management of the Woodford Equity Income Fund (WEIF), according to findings published by the FCA.

Spectrum Markets: European Retail Investors Lean Bearish On British Pound In March

Date 11/04/2024

• Spectrum's SERIX sentiment index for Euro against British Pound reached 117 points
• Meanwhile SERIX sentiment for the Pound against Japanese Yen hit 95 and remained close to neutral against US Dollar
• SERIX data reflects retail investor sentiment following recent Bank of England rates decisions