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Minor Outflows Of US$16m, More Profit-Taking Than A Swing In Sentiment - CoinShares: Fund Flows

Date 18/12/2023

• Digital asset investment products saw minor outflows totalling US$16m, ending an 11-week run of inflows. Trading activity remained well above the year average though, totalling US$3.6bn for the week.
• The mixed regional flows suggest this was more related to profit-taking rather than a turn in sentiment towards the asset class.
• Altcoins bucked the trend, seeing US$21m of inflows. The main beneficiaries being Solana, Cardano, XRP and Chainlink.

ACER To Decide On ENTSO-E’s 2023 European Resource Adequacy Assessment (ERAA)

Date 18/12/2023

On 15 December 2023, the European Network of Transmission System Operators for Electricity (ENTSO-E) submitted the European Resource Adequacy Assessment (ERAA) 2023 to ACER.

FTSE Mondo Visione Exchange Surges In November, Up 7.7%

Date 18/12/2023

Global exchanges sparkled in November as economic data showed a decline in inflation, resulting in falling bond yields, and surging equity markets, as investor confidence grew that interest rates will fall next year. 

Rachel Kent Made UK Financial Regulators Complaints Commissioner

Date 18/12/2023

The Treasury has today (Monday 18 December) appointed Rachel Kent as the Financial Regulators Complaints Commissioner

Rigsave S.p.A New In The Frankfurt Stock Exchange’s Scale Segment

Date 18/12/2023

The Rigsave S.p.A. (ISIN: IT0005526295) is listed in the Scale segment on the Frankfurt Stock Exchange as of today. The shares had an initial listing price of €18.00. 

New UK Levy To Level Carbon Pricing

Date 18/12/2023

The UK is to implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive.

Solactive Announces First Engagement With NH Investment & Securities To Launch An ETN Tracking The Solactive SOFR +10 Daily Total Return Index

Date 18/12/2023

Secured Overnight Financing Rate (SOFR) offers a reliable mechanism for market participants to enhance their risk management strategies based on transactions in the U.S. Treasury repurchase market. Designed to meet the diverse needs of investors, Solactive is pleased to announce its first partnership with NH Investment & Securities to introduce an Exchange-Traded Note NH QV USD SOFR Plus ETN 86 (QV USD SOFR Plus ETN) tracking the Solactive SOFR +10 Daily Total Return Index.

Monetary Authority Of Singapore Directs Remittance Companies To Suspend Remittances To China Through Non-Bank And Non-Card Channels

Date 18/12/2023

The Monetary Authority of Singapore (MAS) today issued a Notice  directing licensed payment service providers providing cross-border money transfer services (remittance companies) to suspend for the next three months the use of non-bank and non-card channels when transmitting money to persons in the People’s Republic of China (PRC).

Singapore Government Working With PRC Government And Remittance Companies To Help People Whose Remittances To Beneficiaries In China Have Been Frozen

Date 18/12/2023

The Singapore Police Force (SPF) and the Monetary Authority of Singapore (MAS) advised today that remittances of funds into the People’s Republic of China (PRC) should be made through channels such as banks and card networks, to prevent any inadvertent freezing of monies or accounts by PRC law enforcement agencies.

Hong Kong Securities And Futures Commission Reprimands And Fines Central Wealth Securities Investment Limited $1 Million For Breaching Financial Resources Rules

Date 18/12/2023

The Securities and Futures Commission (SFC) has reprimanded and fined Central Wealth Securities Investment Limited (Central Wealth) $1 million for failures in complying with the Securities and Futures (Financial Resources) Rules (FRR).