ESMA has submitted to the European Parliament, the Council and the European Commission its second report on national rules governing the marketing of investment funds
The World Federation for Exchanges has opened registration for its new qualification, the Market Infrastructure Certificate
Following their announcement in October, RBC Investor Services and CACEIS have confirmed completion of the deal through which the French headquartered bank will acquire RBC’s European asset servicing book of business and Malaysia operations centre
In a statement commenting on both proposals, James Kemp, managing director at the AFME, says: “FIDA and PSD3 could enable access to new, broader data sets to enhance the way banks operate and will encourage innovation across sectors
Some buy-side experts concerned that mandatory active accounts for EU clearing could increase systematic risk
To adjust to the increasing digitalisation of the economy, the ECB is investigating the possibility of introducing a digital euro — leading to a stronger international role for the euro, according to the European Commission
The proposed law aims to reduce the financial and regulatory burden on central securities depositories and improve their ability to operate across borders, while also strengthening financial stability
