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  • ACER: Most Trans-European Energy Projects Allocate Costs On A Territorial Basis, Decisions Appear To Be Taken To Enable EU Grants

    Date 24/09/2020

    Most Cross-Border Cost Allocation Decisions (CBCA) for trans-European energy infrastructure are based on the so-called territorial principle so each country covers the project costs on its territory without cross-border compensation payments, according to the Fourth Monitoring Report on CBCA decisions published today by the European Union Agency for the Cooperation of Energy Regulators (ACER).

  • AFME: Now It’s Time To Deliver On The Capital Markets Union

    Date 24/09/2020

    AFME has welcomed the publication of the European Commission’s Capital Markets Union Action Plan published today, 24rd September.

  • TheCityUK Respond To Chancellor’s Winter Statement

    Date 24/09/2020

    Following the winter statement by Rishi Sunak, Chancellor of the Exchequer Miles Celic, Chief Executive Officer, TheCityUK, said,

    The government’s additional package of support is essential to sustaining SMEs and jobs across the country. We are pleased the Chancellor has taken action to address the significant and urgent debt challenge facing SMEs highlighted by our recapitalisation group. By extending further relief to those SMEs with government-guaranteed loans, the government will help to preserve many viable firms, allowing them the chance to return to growth after the pandemic has passed. Matching repayments to the ability of companies to recover demonstrates that government has listened to the advice of industry and business groups who are working closely with companies across the UK economy."

  • Bank Of England: Further Updates To The TFSME To Reflect Changes To HMT’s Bounce Back Loans Scheme (BBLS) - Market Notice 24 September 2020

    Date 24/09/2020

    The TFSME was launched in March 2020 as part of measures to respond to the economic shock from Covid-19. Reflecting the exceptional nature of ongoing developments in the economy, and the Government’s announcement regarding the BBLS, the Bank is today announcing further measures to ensure the TFSME continues to deliver its objectives.

  • The Swiss Stock Exchange Wins Top Performer In European Major Markets Award.

    Date 24/09/2020

    Once again, Switzerland’s major stock exchange proves the excellence of its products and services by winning three awards at the prestigious Global Custodian Leaders in Custody Awards.

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