Industry bodies are calling on regulators to curb ongoing rises in fees charged by providers of financial benchmarks, which are driving up asset managers’ costs.
The European Fund and Asset Management Association (EFAMA) has published its response to a consultation on the draft delegated act under Article 8 of the Taxonomy.
Digital assets firm Bequant granted VFAA licences for exchange and prime brokerage by Malta Financial Services Authority
Bequant, a specialist global digital assets services firm, has been granted Virtual Financial Assets Act, 2018 (VFAA) licences by the Malta Financial Services Authority (MFSA) to operate a regulated Virtual Financial Assets (VFA) exchange and prime brokerage.
Over three quarters of the members of IIMI, a boutique asset management think tank formerly known as New City Initiative (NCI), believe they will benefit from complying with the European Union (EU)’s Sustainable Financial Disclosure Regulation (SFDR), which came into effect in March.
Geneva-based specialist asset manager Quaero Capital has brought its Luxembourg funds into compliance with the new European SFDR regulation on sustainability disclosure, confirming its strong commitment to responsible investment.
Despite its new obligations for financial intermediaries taking effect in September 2020, the European Commission's updated Shareholder Rights Directive (SRD II) is still very much in the early stages of a full and seamless adoption across European regulated markets, according to a new report by global fintech Broadridge Financial Solutions.
The European Fund and Asset Management Association (EFAMA) has published its response to the European Commission's consultation on the establishment of a European Single Access Point (ESAP) for financial and non-financial information publicly disclosed by companies.
Franklin Templeton has welcomed the new EU Sustainable Finance Disclosure Regulation (SFDR), which is an important step in driving forward transparency and authenticity in how investors approach ESG and sustainability.
In line with the EU action plan for financing sustainable growth, the Cyprus Securities and Exchange Commission (CySEC) has confirmed its commitment to comply with sustainable finance standards.
Asset managers face ‘significant’ compliance costs to adapt to the new EU Sustainable Finance Disclosure rule which starts to take effect from 10 March, a new report published by Bloomberg Intelligence (BI) says.