UK financial services face an uncertain future post-Brexit, and leading voices are warning that the country’s dominant services sector has been overlooked in the trade negotiations with the EU.
European asset manager Amundi, has been confirmed as a Super Management Company (Super ManCo) by Central Bank of Ireland. This complements a range of existing authorisations held by the firm including, individual portfolio management and investment advice.
France wants nuclear power to be part of the European Union taxonomy on sustainable investment, while Germany wants natural gas included. This has raised scepticism among some asset managers about the wisdom of the EU’s move, writes Jan Wagner…
The financial transactions tax (FTT), as proposed by German Finance Minister Olaf Scholz, does not deal with the problem of excessive market speculation but instead penalises long-term investors like pension funds and insurers, writes Jan Wagner…
IHS Markit’s Dutch entity, Markit NV has been authorised by the Netherlands Authority for Financial Markets (AFM) as benchmark administrator under the European Benchmark Regulation (BMR).
By Roger Aitken – With 18 months having elapsed since the implementation of the European Union’s (EU) Markets In Financial Instruments II (MiFID II) Directive, ushering in the era of unbundling for investment firms for buy- and sell-side institutions, the former chairman of the UK Individual Shareholder Society (ShareSoc) argues that many of the rules behind MiFID should be ditched or scrapped after the UK leaves the EU…
The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe.
Broadridge Financial Solutions, is working with FundsLibrary, a provider of digital fund data and regulatory solutions, to develop a new offering for European wealth and asset managers to address the challenges posed by MiFID II Ex-Post Costs and Charges and Solvency II.
Apex Group (Apex) has received Full Depositary authorisation from the Central Bank of Ireland for its subsidiary the European Depositary Bank (EDB) to operate in Ireland.
UK fund providers will have until 15 September 2019 to submit a ‘Brexit licence’ to the Luxembourg regulator to continue trading in the Grand Duchy.