Europe

Market Infrastructure

UK FCA Issues Listing Reform Proposals for Consultation

By Manesh Samtani | 22/12/2023

The FCA is also consulting on rules for a bond market consolidated tape and proposals to increase the availability of bond and derivatives information.

Crypto / Digital Assets

UK to Launch Digital Securities Sandbox on 8 Jan 2024

By Editors | 20/12/2023

The sandbox will allow FMIs to test the use of new technology including DLT to operate trading venues and perform CSD activities.

ESG / Sustainability

ESMA Consults on Sustainability Reporting Draft Guidelines

By ESG Investor | 19/12/2023

The guidelines seek to establish consistency in and robust approaches to the supervision of listed companies’ sustainability and financial information.

Crypto / Digital Assets

EU Publishes Details of Latest Russia Sanctions Package

By Editors | 18/12/2023

EU adds 147 names to asset freeze list and bans diamond imports in its 12th round of sanctions against Russia since February 2022.

Sanctions

UK Introduces New Legislation to Expand Russia Sanctions

By Editors | 18/12/2023

The package targets exports of military goods to Russia and the import of Russian metals. New reporting obligations also introduced to improve sanctions compliance.

Enforcement

EU Leaders Agree on 12th Russia Sanctions Package

By Editors | 18/12/2023

The package includes additional import and export bans and measures to better enforce the oil price cap. Agreement also reached on criminalisation of sanctions violations.

ESG / Sustainability

ESMA Plans Scrutiny on ESG Disclosure Under BMR

By ESG Investor | 18/12/2023

ESMA will assess compliance with ESG disclosure rules under the BMR to enhance comparability of information provided to users of benchmarks.

ESG / Sustainability

Finance’s CSDDD Exclusion a “Missed Opportunity” on Human Rights

By ESG Investor | 16/12/2023

FIs will not be initially subject to EU due diligence directive despite benchmarks showing poor sector performance in addressing risks in supply chain.

Sanctions

UK Inaugurates New Iran Sanctions Regime with Joint UK-US Action

By Editors | 16/12/2023

US and UK governments announce joint sanctions against eight individuals as UK’s new Iran sanctions regulations come into force.