Euroclear has enhanced its fund distribution proposition for its clients with the acquisition of MFEX Group, a global digital fund distribution platform
Francesco Vanni d’Archirafi joins Euroclear from Citigroup where he has been the New York-based CEO of Citi Transaction Services and Citi Holdings
EFAMA reveals that the number of environmental, social and governance funds grew at more than double the rate of non-ESG funds during the past five years
The review, which will remain open until 5 April, will assess how the EU rules on central securities depositories are working
Steven Maijoor, chair of the ESAs joint committee, says the significant set of rules issued provide a strong basis to improve ESG reporting and combat greenwashing
“With only eleven months remaining, there is insufficient time left for fund managers (and other product manufacturers) to properly implement the envisaged wide-ranging changes,” says EFAMA
While some national competent authorities at EIOPA’s board continued to express reservations on the draft RTS, they supported the proposal based on the further details provided by the commission on their approach to the broader review of PRIIPs
EACH explains that a delay to CSDR’s SDR would provide market infrastructures and other market participants sufficient time to implement and would also avoid unnecessary duplicative implementation costs