The European Union wants to keep control of European companies’ ESG data.
Any outsourced services provided by third parties to fund management companies can potentially be exempt from VAT if they meet the court's criteria, said law firm after latest ruling.
The British regulator Financial Conduct Authority (FCA) is concerned that more consumers are buying and holding cryptoassets but fewer understand the risks of this asset class.
The Financial Conduct Authority (FCA) said that a “significantly high number” of crypto assets businesses are not meeting the required standards under the Money Laundering Regulations.
Reporting data of over the counter (OTC) and Systematic Internalisers (SI) trades, creation of a consolidation tape and bolstering retail investor protection will be the key priorities for the ongoing MiFIR/ MiFID II review.
European Fund and Asset Management Association (Efama) has called for more time to prepare technical standards and guidelines and better synchronisation between European Commission and EU securities regulator, Esma.
At the Irish Funds annual conference this year, regulators weighed in on the measures required to fix the faults in the current financial system, which were exposed during the Covid-19 pandemic.