Finansinspektionen (FI) issued a warning to Nasdaq Clearing for serious deficiencies in its operations and has levied an administrative fine of SEK 300m (€29.71m).
The European fund and asset management association (Efama) has responded to the European commission’s consultation on improvements to the European long-term investment fund regime (Eltif).
Finma, the Swiss financial market supervisory authority, has investigated four high-ranking managers of Julius Baer for serious breaches in anti-money laundering regulations, in connection with alleged cases of corruption in Venezuela.
Next 10 March will open a new era in the investment management industry as the European Sustainable Finance Disclosure Regulation (SFDR) will kick off, paving the way for the other EU "green" frameworks to be released throughout the next two years.
The European Insurance and Occupational Pensions Authority (EIOPA) has called for experts to joint a Practitioners Network on Pension Tracking Systems (Network).
Natasha Cazenave, head of policy and international affairs directorate of the French financial markets authority (AMF), discussed the EU financial regulatory future at a Bloomberg event on Thursday.
The German asset manager has urged the International Financial Reporting Standards (IFRS) Foundation for a consistent ESG reporting standard based on dual materiality.