Europe

ESG / Sustainability

LSE’s VCM to Finance Climate Change Mitigation

By ESG Investor | 10/10/2022

The London Stock Exchange has announced the launch of the first VCM by a primary exchange with the publication of final admission and disclosure rules.

Capital / Liquidity

European Commission May Scrap Stricter Foreign Bank Rules

By Editors | 10/10/2022

Proposed requirements that would automatically require foreign banks to set up a subsidiary if they reach a certain size may […]

Market Infrastructure

US, EU Move to Adopt New Data Sharing Framework

By Editors | 10/10/2022

The legal basis for transatlantic data transfers has been uncertain since 2020, after the EU-US Privacy Shield was declared invalid under EU law.

AML / KYC

LME Considers Banning Russian Metals from Warehouses

By Editors | 08/10/2022

Even without direct sanctions, a significant number of metals consumers are expressing an unwillingness to accept Russian metal in 2023, LME says.

AML / KYC

European Council Adopts Eighth Russia Sanctions Package

By Editors | 06/10/2022

The package completely bans the provision of crypto wallets, accounts, or custody services to Russian nationals and entities, among other measures.

Crypto / Digital Assets

European Council Approves Final MiCA Legislation

By Manesh Samtani | 06/10/2022

The next step before MiCA is formally adopted is for the European Parliament to vote on the proposal on Monday.

ESG / Sustainability

UK FCA Warns on Green Fund Label Abuse

By ESG Investor | 05/10/2022

FCA Director of ESG Sacha Sadan underlines need for market confidence, highlights importance of investor engagement.

Market Infrastructure

ESMA Recognises Shanghai Clearing House as Third-country CCP

By Editors | 04/10/2022

The recognition follows the adoption of a decision on the equivalence of China’s regulatory framework for CCPs with EMIR requirements in June.

AML / KYC

US, UK, Canada, Australia Announce More Russia Sanctions

By Manesh Samtani | 03/10/2022

The sanctions are a response to Putin’s attempt to annex four regions of Ukraine, after holding referendums that have been denounced as illegal and coercive.