Poilvet-Clédière will replace Christophe Hémon as chief executive of the Paris-based clearing house from 1 October, subject to necessary approvals, with Hémon stepping down after 19 years at the helm at SA
The consultation package provides a framework to guide the activities of service providers under the Regulation on Markets in Cryptoassets (MiCA), which entered into force in the European Union on 29 June 2023
The Securities and Exchange Commission has charged 10 broker-dealer firms with recordkeeping failures and violations relating to their use of electronic communications
As part of its responsibility to preserve financial stability, the Bank of England has proposed additional powers to restrict discretionary payments to CCP shareholders or employees in severe circumstances, including dividends and share buy-backs
The UK financial regulator will extend temporary measures introduced in January 2022 relating to short sales reporting under UK RTS 22 and there will be no penalty for firms that fail to complete SFT fields and other indicators
The European Commission has highlighted “strategic deficiencies” in the UAE’s anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023
This announcement extends HMT proposals advanced under the December 2022 “Edinburgh Reforms” that are designed to exploit the UK’s exit from the European Union to develop its own UK-tailored financial services legislation
The BCBS has published the findings of its review, which began in April 2021, integrating advances in best practice and lessons learnt by the Financial Sector Assessment Program
