News Centre

Canadian Securities Regulators To Provide Temporary Relief From Requirements For Delivering Proxy-Related Material

Date 28/11/2024

In response to the full disruption of postal service in Canada, the Canadian Securities Administrators (CSA) will be providing temporary relief from requirements to deliver proxy-related material for annual meetings.

Canadian Securities Regulators Propose Amendments To The Principal Distributor Model

Date 28/11/2024

The Canadian Securities Administrators (CSA) has published for comment proposed amendments to the principal distributor model in the distribution of mutual funds.

OECD: Global Forum Celebrates 15 Years Of Progress And Extends Tax Transparency To The Crypto-Asset Sector

Date 28/11/2024

After 15 years of sustained efforts to promote transparency and international co-operation in the fight against tax evasion, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), gathering in Asunción, Paraguay, for its 17th Plenary meeting, marked the occasion with a major advance on the implementation of the recently developed Crypto-Asset Reporting Framework (CARF). The Plenary meeting was opened by an address from the President of the Republic of Paraguay, Mr Santiago Peña Palacios, and brought over 400 delegates from more than 110 jurisdictions and 13 international bodies together, to reflect on the latest collective achievements, discuss emerging challenges and chart the future of the Global Forum.

Canadian Securities Regulators Reduce Regulatory Burden For Investment Funds In Continuous Distribution

Date 28/11/2024

The Canadian Securities Administrators (CSA) today announced final rules modernizing the prospectus filing model for investment funds that reduce regulatory burden without affecting the quality or timeliness of information available to investors.

Basel Committee Publishes A Range Of Practices Report On Implementing A Positive Neutral Countercyclical Capital Buffer

Date 28/11/2024

• Basel Committee has published a range of practices report on implementing a positive neutral countercyclical capital buffer (CCyB).
• An increasing number of jurisdictions have voluntarily chosen to introduce a positive neutral CCyB when risks are judged to be neither subdued nor elevated.
• The report considers the different jurisdictional frameworks for implementing a positive neutral CCyB.

Inclusive Growth: Laying Foundations, Seizing Innovations, Speech By Sarah Pritchard, UK Financial Conduct Authority Executive Director, Markets And Executive Director, International At The TISA (The Investing And Saving Alliance) Annual Conference

Date 28/11/2024

Highlights

• FCA welcomes the Government’s focus on financial inclusion and will continue to play our part through our new 5-year strategy.
• Improved financial inclusion and resilience can accelerate growth.
• Technological innovation, when well-managed, will play a key role.

LME Group Fees And Charges 2025

Date 28/11/2024

This Notice sets out the fees and charges for the LME and LME Clear (together “LME Group”) that will take effect from 1 January 2025.

EBA Finds Hungarian Waiver For Covered Bonds Justified

Date 28/11/2024

The European Banking Authority (EBA) today published an Opinion addressed to the Central Bank of Hungary following the Competent Authority's notification of its decision to introduce a partial waiver of the provision under the Capital Requirements Regulation (CRR) in relation to the eligibility conditions for covered bonds to benefit from a risk weight preferential treatment. Given the significant potential concentration problem in Hungary, the EBA is of the opinion that the application of a partial waiver is adequately justified.

Revised Lists Of The MOEX Indices

Date 28/11/2024

Depositary receipts of Ros Agro Plc (code: AGRO, ISIN: US7496552057) are excluded from the constituent lists of the MOEX Russia Index (IMOEX, IMOEX2), the RTS Index (RTSI), the MOEX Russia CNY Index (IMOEXCNY) and the MOEX Active Management Index (IMOEXW), the MOEX Consumer Index (MOEXTN) and the RTS Consumer & Retail Index (RTSTN), the MOEX Broad Market Index (MOEXBMI) and the RTS Broad Market Index (RUBMI) from December 3, 2024.

WFE Annual Meeting 2024: The WFE Convenes Exchange Industry At Bursa Malaysia In Kuala Lumpur

Date 28/11/2024

Last week the World Federation of Exchanges (the WFE), the global industry group for exchanges and Central Clearing Counterparties (CCPs), convened industry leaders from exchanges, policymakers and buy-side for its 63rd General Assembly and Annual Meeting, hosted by Bursa Malaysia in Kuala Lumpur.