“There was a distinct lack of utility in the reports for investors, most likely driven by there being little, if any, meaningful comparisons or conclusions that could be drawn from the reports. This aligned with TRAction’s experience from its work collating and preparing these reports for some of our clients.”
“Looking ahead, markets are set to remain very sensitive and risks of market corrections continue to be high, given geopolitical and macro-financial uncertainty.”
The report focuses on risks in real estate funds amid declining transaction volumes and falling prices in several areas. Liquidity mismatches are a significant concern, especially with open-ended real estate funds offering daily liquidity. This could be a systemic risk in areas where real estate funds dominate the real estate market.
The European Securities and Markets Authority (ESMA) has put forward a proposal that could affect how non-EU based crypto companies operate within the European Union.
The report also highlighted the importance of clear, comprehensive information for retail investors to make well-informed decisions, especially in light of challenging economic conditions.
The 2023 update of parameters notably mirrors the current systemic risks identified for the financial system, set against a backdrop of prolonged low growth, high inflation, and rising interest rates.
The EMIR Refit and ESMA reporting requirements necessitate a strategic approach from brokers, involving major updates to reporting systems, data collection processes, and internal resources. We spoke with brokers and RegTech providers to learn more about the upcoming regulatory challenges.
“In today’s fast-paced world, with constantly evolving regulatory landscapes and shifting customer demands, investing in compliance and regulatory technology is essential for financial services organizations. We at eflow look forward to working with TS Imagine as they continue to fulfill their commitment to clients.”
“The prospect of any indirect ‘benefit’, such as lower trading commissions, may not justify exposing a retail client to the risks of securities lending. Furthermore, such an indirect ‘benefit’, if any, would not necessarily and proportionately accrue to all retail clients exposed to the risks arising from the lending of their securities, but to retail clients exhibiting more active trading behaviour. “
Spain’s CNMV is introducing marketing restrictions preventing the offering of training, technical seminars, courses or sessions to retail investors to all leveraged products, excluding turbos. The regulator is also taking action on margin requirements.
“We are determined to ensure entities involved in crypto-asset related activities understand that the EU is not a place for forum-shopping. We also want to remind consumers that, even with the implementation of MiCA, there will be no such thing as a safe crypto-asset.”
“We know it’s a global issue, so we’ve been engaging with ESMA on its call for evidence in Europe, as well as the FMSB and IOSCO, which is considering work in this area”.
“We want to contribute to reducing the compliance burden for companies and facilitate data reporting by means of increased standardisation and the use of modern IT solutions across the reporting process and the entire data lifecycle.”
“More often than not, people feel that trading is a complicated task and thus refrain from entering the market. Vantage aims to cut out the cliche through free educational materials and by providing award-winning customer service at each and every step of order placement, making trading more streamlined for traders of all experience levels.”
We spoke with industry leaders to learn their first thoughts regarding the European guidance on copy trading, and what issues brokers and technology providers may encounter.
ESMA believes this initiative and the related sharing of practices across NCAs, will help ensure consistent implementation and application of EU rules and enhance the protection of investors in line with ESMA’s objectives.
ESMA, the EU’s financial markets regulator and supervisor, today unveiled a new logo and visual identity.
EMIR Refit will enter into application on 29 April 2024.
Tradesmarter’s white label trading platform solution WOW TRADER has integrated with TradingView, the high performance and mobile friendly charting tool.
