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Securities / Derivatives
FCA Proposes Rules for New Stock Market for Private Companies
By Editors | 18/12/2024
PISCES will allow private and other unquoted UK and overseas companies to trade their securities during intermittent trading windows.

Sanctions
UK Imposes Sanctions on 20 More Russian Shadow Fleet Vessels
By Editors | 18/12/2024
Shadow fleet ships are left “idling uselessly outside ports, which is costing Putin and his war effort millions in wasted funds,” the UK said.

Crypto / Digital Assets
FCA Proposes New Rules to Prevent Abuse in Crypto Markets
By Mark Johnston | 17/12/2024
CATPs will have to establish robust due diligence processes for new listings, produce disclosure documents, and implement market abuse related systems and controls.

Sanctions
EU Announces First Sanctions Under New ‘Hybrid Threats’ Regime
By Editors | 17/12/2024
The sanctions are in response to “Russia’s malicious actions and its lack of respect for a rules-based international order and international law”.

Sanctions
EU Council Adopts 15th Sanctions Package Against Russia
By Editors | 17/12/2024
The package targets 52 ‘shadow fleet’ vessels and for the first time adds Chinese entities and individuals to the EU sanctions register.

Sanctions
EU to Issues First Sanctions Targeting Russian Disinformation
By Editors | 16/12/2024
The sanctions are part of a new regime that focuses on disinformation operations and other Russian-sponsored destabilising activities globally.

Capital / Liquidity
AllianceBernstein to Sue Switzerland Over Credit Suisse AT1 Writedown
By Editors | 16/12/2024
AllianceBernstein will be the first large institutional investor to sue Switzerland over its decision to write down Credit Suisse’s AT1 bonds last year.

Sanctions
Russia’s Rosneft, India’s Reliance Agree $13b Crude Oil Deal
By Editors | 16/12/2024
The EU has been separately calling on Indian authorities to stop the illicit flow of Common High Priority Items to Russia.

Market Infrastructure
EU Agrees to Streamline BMR Authorisation, Registration Rules
By Editors | 15/12/2024
Administrators of benchmarks defined as non-significant in the EU will be removed from the scope of current rules.

Sanctions
EU States Agree on 15th Russia Sanctions Package – Reports
By Editors | 13/12/2024
The sanctions target 52 vessels, over 50 individuals and around 30 entities. The package is expected to be formally adopted on Monday.
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