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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published its inaugural market report on European Union (EU) Money Market Funds (MMF). With this report ESMA provides for the first time a comprehensive market-level view of EU MMFs, based on supervisory information collected by National Competent Authorities (NCAs) and …

ESMA report finds EU MMF industry at close to €1.5tn Read More »

On 31 January 2023, Don George Evans of Woodlands, Western Australia, was sentenced in the Supreme Court of Western Australia to 12 months’ imprisonment. Mr Evans will be released immediately upon entering into a recognisance of $5000, to be of good behaviour for two years. Mr Evans was sentenced for conspiring with former Quantum Resources …

Don George Evans sentenced for conspiring to manipulate Quantum shares Read More »

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) held a joint public event in the format of a technical discussion about the Digital Operational Resilience Act (DORA) on 6 February 2023. The online event gathered over 2,000 representatives from credit and payment institutions, investment firms, (re)insurance undertakings, ICT third-party service providers and …

The European Supervisory Authorities meet stakeholders from across the financial sector amid preparations for the Digital Operational Resilience Act Read More »

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) held a joint public event in the format of a technical discussion about the Digital Operational Resilience Act (DORA) on 6 February 2023. The online event gathered over 2,000 representatives from credit and payment institutions, investment firms, (re)insurance undertakings, ICT third-party service providers and …

The European Supervisory Authorities meet stakeholders from across the financial sector amid preparations for the Digital Operational Resilience Act Read More »

On 31 January 2023, former financial adviser John Wertheimer was convicted and sentenced in the Perth District Court for one count of providing a financial service on behalf of a person who carries on a financial services business while unauthorised to do so and one count of engaging in dishonest conduct in relation to a …

Former Perth adviser sentenced for making unauthorised client transactions Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the Final Report on the Opinion on the trading venue perimeter, providing guidance on when certain systems and facilities qualify as multilateral and therefore should seek authorisation as a trading venue. The opinion builds on the MiFID II …

ESMA issues Opinion on the trading venue perimeter Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the Final Report on the Opinion on the trading venue perimeter, providing guidance on when certain systems and facilities qualify as multilateral and therefore should seek authorisation as a trading venue. The opinion builds on the MiFID II …

ESMA issues Opinion on the trading venue perimeter Read More »