The ESAs’ original decision was made following the European Commission’s December 2022 inclusion of the United Arab Emirates on its list of high-risk third countries
Keva has neglected its obligation to comply with EMIR, the authority says, failing to ensure that details of all derivatives contracts that it concludes are reported to a trade repository as required
Through the partnership, the firms aim to strengthen existing tax services and future-proof tax processes in anticipation of changing regulatory and client needs
The authorisation specifically applies to the company’s execution management system in reaction to security tokens and derivatives, which allows clients to connect to and trade on global crypto exchanges and over-the-counter venues
