News Centre

ESMA Issues A Negative Opinion On An Accepted Market Practice On Liquidity Contracts Proposed By The French AMF

Date 31/05/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published a negative opinion on the intended Accepted Market Practice (AMP) notified by the French Autorité des Marchés Financiers (AMF).

FSB Seeks Feedback On Its Proposals For Quantitative Targets For Enhancing Cross-Border Payments

Date 31/05/2021

The Financial Stability Board (FSB) today published a public consultation on global targets for addressing the four challenges of cross-border payments. The quantitative targets proposed are a foundational step in the G20 Roadmap for Enhancing Cross-border Payments, which was endorsed by G20 Leaders in November 2020.

EBA And ESMA Publish Provisional List Of Instruments And Funds For The Smallest Investment Firms Under The Investment Firms Regulation

Date 31/05/2021

The European Securities and Markets Authority (ESMA) together with the European Banking Authority (EBA), published today a provisional list of additional instruments and funds that competent authorities may allow to use as own funds for some of the smallest investment firms. 

Moscow Exchange: REPO Risk Parameters Change For The Security GLTR

Date 31/05/2021

As per the Securities market risk parameters methodology, on 31.05.2021, 14-40 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -38.13 %), penalty rate and IR Risk Rate (up to -0.551 rub) for the security GLTR were changed. New values are available here

BaFin - bexstock.com: New Platform Replaces Unauthorised investexp.de

Date 31/05/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin wishes to clarify that www.bexstock.com, an online trading platform for contracts for difference (CFDs) on shares, commodities, indices, crypto assets and other financial instruments, which is operated by BS ASIA PTE. Ltd., Singapore, does not have authorisation to conduct banking business or provide financial services.

Moscow Exchange Trading Schedule For June 2021 Holidays

Date 31/05/2021

Moscow Exchange announces the trading schedule for its markets over the June 2021 public holiday period.

Fideuram – Intesa Sanpaolo Private Banking And REYL & Cie Receive Regulatory Approval To Enter Into Strategic Partnership

Date 31/05/2021

• The European Central Bank (ECB) and FINMA approve the strategic partnership between Fideuram – Intesa Sanpaolo Private Banking and REYL & Cie
• As part of the transaction, Fideuram – ISPB will merge its Swiss banking subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval into REYL & Cie, further enhancing its leading position in the Swiss banking market.
• The resulting Geneva-based entity will retain the REYL & Cie legal name and count close to 400 employees, AUM approaching CHF 25 Bln (€ 23 Bln) and regulatory shareholders' equity of about CHF 210 Mln (€ 190 Mln)
• The parties will release a new logo combining their respective brands

IOSCO To Launch 2021 World Investor Week To Promote Investor Education

Date 31/05/2021

The International Organization of Securities Commissions (IOSCO) is preparing to launch its fifth annual World Investor Week (WIW) from 4 to 10 October 2021. Like last year, jurisdictions can choose any other week of October or November to promote financial and investor education, considering the conditions resulting from the COVID-19 pandemic.

Moscow Exchange: Final Settlement Price Determined For RUSFAR Futures Contract

Date 31/05/2021

On 31 May 2021, the final settlement price for the RUSFAR futures contract (1MFR-5.21) was set at 95.23000

Europex: Carbon Contracts For Difference (CCfDs) And Their Potentially Distortive Effects On Emission Markets: Call For A Comprehensive Impact Assessment

Date 31/05/2021

Carbon Contracts for Difference (CCfDs) have been broadly discussed as a potential instrument to support energy-intensive industries in developing and deploying low-carbon technologies. In its New Industrial Strategy, the Commission  recently stated its interest in a European approach for CCfDs in the context of the upcoming revision of the EU ETS Directive.[1] Against this background, Europex would like to draw attention to the potential unintended distortive effects that such a mechanism may cause to the European emissions market and advise that a thorough impact assessment is needed before  determining whether or not to introduce CCfDs into the EU ETS.