News Centre

PIMFA Sets Out 5-Year Agenda For Government To Create A UK Culture Of Thriving Financial Health

Date 15/07/2024

PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has set out its agenda for government over the course of this Parliament. 

ACER And ENTSO-E Investigate The 21 June Blackout In The South-Eastern Part Of The Continental Europe Power System

Date 15/07/2024

Following a blackout in the south-eastern part of Continental Europe on 21 June, ENTSO-E has set up an Expert Panel and has invited ACER and relevant regulators in the region to join it. Today, ENTSO-E, ACER and the regulators in the region convened in the first meeting of this Expert Panel.

ETFGI Reports The Global ETFs Industry Had 42 New Launches And 5 Closures Last Week

Date 15/07/2024

ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, has reported 42 new ETF launches and 5 closures last week, resulting in a net increase of 37 ETFs.

The EBA Consults On Guidelines On Reporting Of Data To Assist Authorities In Their Supervisory Duties And Significance Assessment Under MiCAR

Date 15/07/2024

• The draft Guidelines aim to ensure a common supervisory approach on the data requests with consistent and pre-defined templates across Member States.
• The draft Guidelines will enhance supervisory convergence and ensure a level playing field in the Single Market.

MIAX Options Exchange - Secondary (B Side) Market Data Services For ToM, cToM, MOR, And AIS Feeds For Clouds 17 - 20 Will Be Unavailable Today

Date 15/07/2024

Please be advised the MIAX Options Exchange Secondary (B Side) Market Data Services for ToM, cToM, MOR, and AIS Feeds for Clouds 17 through 20 (symbols beginning with T through Y) are unavailable for use today due to a server failure, beginning at 9:36:05 AM.

ESMA Publishes 2023 Data On Cross-Border Investment Activity Of Firms

Date 15/07/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, together with the National Competent Authorities (NCAs), completed an analysis of the cross-border provision of investment services during 2023.

UK Payments Systems Regulator And UK Financial Conduct Authority Launch Joint Call For Information On Big Tech And Digital Wallets

Date 15/07/2024

The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the benefits and risks digital wallets bring to people and businesses.

EBA Reflects On EU Stacking Orders And Provides Insight Into EU Institutions’ Management Buffers

Date 15/07/2024

The European Banking Authority (EBA) today published a Report on the stacking orders of capital, leverage and MREL/TLAC requirements and related capital buffers, as well as on reflections about management buffers practices in the European Union (EU). The Report describes the role of regulatory stacks, both going and gone concern, with a focus on micro-prudential elements. It also summarises the differences between the EU, the UK and US frameworks. The Report highlights institutions’ practices on management buffers. Further work of the EBA will include efforts to continue to clarify, where necessary, the interaction between the different stacks.

Virtu Petition For Rulemaking On Exchange Listings Of Penny Stocks

Date 15/07/2024

Virtu Financial, Inc. (“Virtu”) respectfully petitions the Securities and Exchange Commission (the “Commission”) under Rule 192 of the Commission’s Rules of Practice2 to initiate rulemaking proceedings that would prohibit National Securities Exchanges from listing high risk “penny stocks” and mandate additional disclosures from issuers that would facilitate investors’ ability to assess the risks typically inherent in such stocks.

DTCC Survey Identifies Significant Improvements In Industry Understanding And Preparedness Around Expanded U.S. Treasury Clearing

Date 15/07/2024

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued a white paper, “The U.S. Treasury Clearing Mandate: An Industry Pulse Check,” to further enhance the industry’s knowledge of the U.S. Securities & Exchange Commission’s (SEC) expanded clearing rules. The paper, which reports on findings from a recent industry survey conducted by DTCC’s Fixed Income Clearing Corporation (FICC) subsidiary, provides updated estimates on the volume of transactions required to be submitted for central clearing, the planned usage of FICC’s various access models, and how margin and liquidity risk management resources may be impacted.