Europe

Anti-Money Laundering

Europol Establishes New Financial and Economic Crime Unit

By Editors | 08/06/2020

The new unit will seek to support cooperation among EU law enforcement authorities, step up financial investigations, and cut off organised crime groups from their funding.

Anti-Money Laundering

‘Global Coalition to Fight Financial Crime’ Formally Launches

By Editors | 07/06/2020

The GCFCC’s members include the Atlantic Council, Crime Stoppers International, EBF, Europol, FFIS, Freedom Seal, GFI, IIF, MENA FCCG, Rani’s Voice, Refinitiv, RUSI, and World Economic Forum.

Structural Regulation

ESMA Clarifies Transparency Rules, Position Limits for Non-EU Venues

By Editors | 04/06/2020

ESMA has clarified its application of post-trade transparency requirements and the position limits regime to third-country trading venues.

Trading & Investment

CSRC Green-lights China Pacific Insurance LSE Listing

By Editors | 03/06/2020

If approved by the LSE, China Pacific Insurance will become only the second company to issue GDRs via the Shanghai-London Stock Connect since its launch in June 2019.

Payments & Settlements

SWIFT Publishes Blueprint to Assist EU Banks in ISO 20022 Transition

By Editors | 21/05/2020

SWIFT will provide new market practice guidelines and free validation and translation software to mitigate the impact of the ISO 20022 delay on EU banks.

Clearing & Post-Trade

Clearstream, Euroclear Appoint First Chinese Bank as Common Depository

By Editors | 20/05/2020

As a common depository, CCB (Asia) will facilitate access to the international capital markets for Chinese issuers, and provide APAC investors easier access to the Eurobond market.

Trading & Investment

European Regulators Lift Covid-19 Short Selling Bans

By Editors | 19/05/2020

In consultation with ESMA, Austria, Belgium, France, Greece, Spain and Italy have decided to lift short-selling bans that have been in place since mid-March.

Payments & Settlements

EU Banking Bodies Request Delay of T2-T2S Consolidation Project

By Manesh Samtani | 17/05/2020

The associations have cited impacts from Covid-19 and SWIFT’s decisions to delay ISO 20022 migration for cross-border payments as the primary reasons for the requested delay.

Trading & Investment

CBIRC Green-lights China Pacific Insurance GDR Listing on LSE

By Editors | 11/05/2020

The listing is still pending approvals from securities regulators in China and the UK, and exchange operators in Shanghai and London.