Europe

    Crypto / Digital Assets

    EU Lawmakers Finalise Text of MiCA Legislation – Reports

    By Editors | 23/09/2022

    Limitations on the use of USD-pegged stablecoins within the EU have been removed. Algorithmic stablecoins and tradeable NFTs could be brought into scope.

    Fintech / Regtech

    Banks, Tech Firms Propose Payments Pilot Using EU Digital IDs

    By Editors | 22/09/2022

    European banks and tech firms will show how payments and EU digital ID wallets can be combined across borders and in multiple currencies.

    ESG / Sustainability

    Environmental Groups Take Legal Action over EU Taxonomy

    By ESG Investor | 22/09/2022

    Four environmental groups are set to start legal action in an attempt to prevent the EU including fossil gas in its sustainable finance rulebook.

    Crypto / Digital Assets

    Deutsche Börse Goes Live With Digital Securities Platform

    By Editors | 21/09/2022

    The D7 platform allows FIs to issue digital financial instruments, providing an alternative to conventional physical issuance and securities processing.

    ESG / Sustainability

    ECB Issues Bond Decarbonisation Plans

    By ESG Investor | 21/09/2022

    The ECB has published details of how it intends to “gradually decarbonise” the corporate bond holdings in its monetary policy portfolio.

    ESG / Sustainability

    Common Ground Taxonomy: An Analytical Tool

    By Manesh Samtani | 20/09/2022

    The HKGFA is looking to address misconceptions about the EU-China Common Ground Taxonomy and how it is meant to be used, says Chaoni Huang.

    Crypto / Digital Assets

    UK FCA Issues Warning Against Crypto Exchange FTX

    By Editors | 20/09/2022

    The FCA said FTX is targeting UK consumers without proper authorisation. FTX believes a scammer is impersonating the company.

    Crypto / Digital Assets

    ECB Selects Five Firms to Develop CBDC User Interfaces

    By Editors | 18/09/2022

    CaixaBank, Worldline, EPI, Nexi and Amazon will each focus on one specific use case of a digital euro in the prototyping exercise, the ECB said.

    AML / KYC

    US Imposes New Sanctions on Russian Targets

    By Manesh Samtani | 16/09/2022

    The US and EU are also discussing plans target Turkish banks that have joined Russia’s Mir payment system. Putin unexpectedly admitted to tensions with Xi.

    AML / KYC

    US Treasury Issues Guidance on Russian Oil Price Cap

    By Manesh Samtani | 12/09/2022

    The price cap on Russian crude starts in December. India and China import over half of Russia’s seaborne oil. Nord Stream 1 is closed.

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