Europe

AML / KYC

US, EU Authorities Take Down HIVE Ransomware Gang

By Editors | 30/01/2023

“Simply put, using lawful means, we hacked the hackers,” said deputy attorney general Lisa Monaco.

ESG / Sustainability

ESMA Under Pressure on ESG Fund Labelling Rules

By ESG Investor | 27/01/2023

European financial regulator faces up to criticisms of its plans for ESG label rules, with concerns focusing on the EU’s SFDR.

AML / KYC

German Prosecutors Search BNP Paribas Offices in Cum-Ex Probe

By Editors | 27/01/2023

The investigation also involves searches of private residences, focusing on 58 suspects who were or are professionally active for the bank.

AML / KYC

Crypto Exchange Coinbase Fined in the Netherlands

By Editors | 26/01/2023

The DNB said Coinbase was offering services to Dutch users before it was formally registered as required by local laws.

AML / KYC

UK FCA Offers Guidance on Crypto Business Registration

By Editors | 26/01/2023

The guidance draws from over 300 applications received by the FCA to date, to help crypto firms prepare their applications for registration.

Market Infrastructure

ESMA, FCA Agree MoU to Support Benchmark Recognition

By Editors | 26/01/2023

The MoU establishes cooperation arrangements and enables ESMA to start recognising benchmarks administrators from the UK.

ESG / Sustainability

ECB Publishes Climate-related Statistical Indicators

By Editors | 26/01/2023

The indicators are a first step to help narrow the climate data gap, said ECB executive board member Isabel Schnabel.

Big Picture

Tokenisation Can Threaten Financial System Stability: Denis Beau

By Mark Johnston | 25/01/2023

Banque de France official says tokenisation increases operational risks, especially cyber risks, and needs to be regulated “as swiftly as possible”.

AML / KYC

France Maintains Public Access to Beneficial Owners Register

By Editors | 25/01/2023

The French government plans to define the future methods of access “soon”, taking into account the November decision by the CJEU.