News Centre

EBA Assesses The Market Share Of Non-EU Entities In The EU Banking System And The Dependency Of EU Banks On Funding In Foreign Currencies

Date 03/10/2022

The European Banking Authority (EBA) today published a Report on the reliance of the EU financial sector on counterparties, operators, and financing originating from outside the Single Market. As of June 2021, 360 banks controlled by non-EU entities were operating in the EU representing 12% of the Union’s total banking assets. At the same time, EU banks had, on average, 19% of their total funding denominated in significant foreign currencies. These findings reflect the high degree of openness of the EU economy within the global financial system. While raising funding from non-EU sources brings opportunities, it may create vulnerabilities in some areas. Against this background, matching foreign currency assets with liabilities denominated in the same currency is generally considered prudent risk management.

Moscow Exchange Trading Schedule 2023 Holidays

Date 03/10/2022

Moscow Exchange announces the trading schedule for its market for 2023 public holidays. 

HydrogenPro Uplists To Oslo Børs Main Market

Date 03/10/2022

• 11th transfer on Oslo Børs so far this year

• Brings the number of companies on the main market up to 213

• Market capitalisation of approximately NOK 1.7 billion

ESMA And The Austrian Financial Market Authority Welcome Euribor Panel Enlargement

Date 03/10/2022

On 29 September 2022, the European Money Markets Institute (EMMI), EURIBOR administrator, announced that Raiffeisen Bank International AG (RBI) will join the EURIBOR panel on 2 November 2022. 

Bank Of England: Minutes Of The Standards Advisory Panel - September 2022

Date 03/10/2022

The latest meeting of the Standards Advisory Panel (SAP)

Updates To LME Group Fees And Charges 2022

Date 03/10/2022

This Notice sets out certain updates to the fees and charges for LME and LME Clear (together the “LME Group”) that will take effect from 3 October 2022.

New Report - FESE's Comprehensive Listings Data For 2021

Date 03/10/2022

FESE has just released its Listed Instruments Survey of 2021. A unique dataset, it offers a detailed breakdown of all the new listings, delistings and total listed equity instruments on Europe's exchanges.

Dubai Financial Services Authority Decisions To Impose Sanctions On Former Abraaj Auditor, KPMG LLP, And Audit Principal Referred To Financial Markets Tribunal

Date 03/10/2022

The Dubai Financial Services Authority (DFSA) has today published its decisions concerning action against DFSA Registered Auditor, KPMG LLP and a former Audit Principal, Mr Milind Navalkar, for failings in respect of the audit of the Abraaj Group entity, Abraaj Capital Limited (ACLD).

The Spanish Stock Market Trades 24.2 Billion Euros In September

Date 03/10/2022

• The volume traded in Equities so far this year is 4.6% higher year on year
• Fixed-income trading in September amounted to 10 billion euros, up 52,4% from the preceding month
• Trading in Futures contracts on the IBEX 35 ® index increased by 6.2% in the first nine months of the year

EDHECinfra Expresses Strong Support To Four Environmental Groups Who Launched Legal Action Against The Inclusion Of Gas In The EU Taxonomy - Gas Is In The Black, Not Green

Date 03/10/2022

In an open letter to Environmental law charity ClientEarth, the European Policy Office of the WWF, NGO Transport & Environment (T&E), and the German Federation for the Environment and Nature Conservation (BUND), Noël Amenc, associate professor at EDHEC Business School, director at Scientific Infra and Frédéric Blanc-Brude, director of the EDHEC Infrastructure Institute, express their strong support for their initiative, following their announcement on September 19, 2022, that they were taking legal action against the European executive to prevent fossil gas from featuring in the European Union's sustainable finance Taxonomy.