News Centre

US Treasury Further Constrains Russia’s Financial Services Sector - Sanctions Increase Pressure On Two Prominent Financial Institutions In Russia

Date 15/12/2022

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adding 18 entities related to the Russian Federation’s financial services sector to the Specially Designated Nationals and Blocked Persons List (SDN List). These designations, taken along with the Department of State, which is concurrently designating a prominent oligarch in Russia, his network, and more than 40 additional persons linked to the Government of the Russian Federal (GoR), are part of the U.S. government’s efforts to further limit the GoR’s ability to fund its unconscionable war of choice against Ukraine. Today’s actions also broadly complement those of our international partners.

ESMA Provides Guidance To Applicants Under The DLT Pilot Regime

Date 15/12/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published a Final Report including Guidelines on standard templates, forms and formats to apply for permission to operate a DLT market infrastructure.

ACER Analyses ENTSOG’s Gas Supply Outlook For This Winter In View Of Risks Of Total Disruption Of Russian Supply

Date 15/12/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today its Opinion on the Winter Supply Outlook for 2022/2023 of the European Network of Transmission System Operators for Gas (ENTSOG).

Pico And BSO Partner To Expand Global Crypto Offerings

Date 15/12/2022

• BSO’s Crypto Connect offers global, low-latency, cloud-to-cloud connections into leading digital asset exchanges
• The expanded partnership will provide clients access to over 35 major global crypto exchanges in addition to more than 300 global venues currently available on PicoNet
• The addition of Crypto Connect to the PicoNet ecosystem will give clients an easy onramp into crypto as they evaluate strategic expansion in the digital asset space 

HKEX: Adjustment Of Haidilao Structured Products, Futures And Options

Date 15/12/2022

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Haidilao International Holding Ltd (Haidilao) structured products, futures and options to account for Haidilao’s spin-off and separate listing of Super Hi shares on the SEHK by way of a distribution in specie.

Nasdaq Welcomes 156 IPOs And 29 Exchange Transfers In 2022

Date 15/12/2022

• Leading U.S. exchange by number of IPOs and proceeds raised for the fourth consecutive year
• SEC approves Nasdaq’s optimized rules for a direct listing with a capital raise
• Featured the largest SPAC IPO, SPAC combo switch, and direct listing
• 7 of the 10 largest global IPOs by proceeds raised listed on Nasdaq
• 74% of all proceeds raised through IPOs listed on Nasdaq

Bank Rate Increased To 3.5% - December 2022, Bank Of England Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 15/12/2022

Monetary Policy Summary, December 2022

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 14 December 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.5 percentage points, to 3.5%. Two members preferred to maintain Bank Rate at 3%, and one member preferred to increase Bank Rate by 0.75 percentage points, to 3.75%.

Borsa Istanbul: Launch Of New Index Futures Contracts In Derivatives Market (VIOP)

Date 15/12/2022

Please click for the announcement.

ESMA Appoints New Member To Its Management Board

Date 15/12/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has elected a new member to its Management Board to replace an outgoing member who has stepped down from his position.

Exchange Of Letters Between The Governor Of The Bank Of England And The UK Chancellor Regarding CPI Inflation - December 2022

Date 15/12/2022

f inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.