The political debate surrounding financial support from the European Stability Mechanism is gaining in intensity but remains complex.
Eight months after the AMF ruling, the US bank has lost its French government bond market-maker status for at least three months, pending corrective measures on its part.
Hungary, which made its debut on the green government bond market in June, has launched a 14-month initiative with a view to develop its local corporate green bond segment.
“There can be no certainty that LSEG will decide to proceed with a transaction relating to either of these businesses,” said the London stock exchange operator.
In March 2020, European money market funds faced the most intense stress episode since the 2008 global financial crisis.
The threshold on foreign stakes requiring French government approval has been lowered from 25% to 10% from 6 August to 31 December 2020. The announcement has already had a dissuasive effect.
US financial watchdog SEC proposes to raise the threshold for declaring institutional shareholdings from $100m to $3.5bn. The proposal is now in a 60-day review period.
The European Commission's amendments will empower it to pick a suitable replacement benchmark covering all references to a widely used reference rate being phased out.
With its fourth consecutive profitable quarter, the automaker now meets the admission criteria. A prospect that the spike in the share price has already priced in.