European Securities and Markets Authority

EQS-News: Logwin with reduced sales and earnings development in line with the market in the first quarter of 2023

Retrieved on: 
Monday, May 1, 2023
Tanja Logwin, Atmosphere, Internet, European Securities and Markets Authority, Annual, Risk management, Magazine, Committee of Wise Men on the Regulation of European Securities Markets, EBITA, APM, Market, Atmosphere of Earth, Air Ocean Airlines, ESMA, KPI-driven code analysis, Lithium, Cryptocurrency, COVID-19, EUR

Nevertheless, inflation rates for goods and services remained high in the first three months of 2023 and had a dampening effect on consumption and investment.

Key Points: 
  • Nevertheless, inflation rates for goods and services remained high in the first three months of 2023 and had a dampening effect on consumption and investment.
  • Revenues The Logwin Group's sales of EUR 362.4m declined as expected in the first quarter of 2023 following the surge in sales in previous years (2022: EUR 587.9m).
  • in line with the European Securities and Markets Authority‘s (ESMA) Guidelines on Alternative Performance Measures (APM) dated 5 October 2015.
  • The Quarterly statement as of 31 March 2023 of Logwin Group is available on the internet at:  www.logwin-logistics.com

Press release - Crypto-assets: green light to new rules for tracing transfers in the EU

Retrieved on: 
Thursday, April 20, 2023
Crypto, Travel, Justice, Financial Market Authority (Liechtenstein), FTX, ECR, EPP, Economy, Disclosure, European Securities and Markets Authority, TFR, Member of the European Parliament, Crime, Carbon, Greens–European Free Alliance, Parliament, DE, Token economy, Civil liberties, AML, Mica, MEP, Conference on the Future of Europe, European, Compliance, ESMA, Fraud, Civil liberties in the United Kingdom, Ministry of home affairs, Conference, Deception, Legislation, Cryptocurrency, EU, Council
Key Points: 

Morgan Stanley First Quarter 2023 Earnings Results

Retrieved on: 
Wednesday, April 19, 2023
Banking, Professional Services, Finance, Central Registry of Securitisation Asset Reconstruction and Security Interest, European Central Bank, European Market Infrastructure Regulation, DRSP, Authorization, European Securities and Markets Authority, Use, Wild Arms, ESRB, SFTR, Central bank, Quality, Roaming Regulation 2022, TRS, European Systemic Risk Board, ECB, Apas, ESMA, EMIR, Trade Repository, Risk management, Cryptocurrency, Medical device, Property management, EU, Markets in Financial Instruments Directive 2014

ESMA finds data quality significantly improves under new monitoring approach

Key Points: 

<span class="field field--name-title field--type-string field--label-hidden">ESMA finds data quality significantly improves under new monitoring approach </span>
<span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>iris.hude@esma…</span></span>
<span class="field field--name-created field--type-created field--label-hidden">19 April 2023</span>

  &lt;div class=&quot;field field--name-field-news-section field--type-entity-reference field--label-hidden field__items&quot;&gt;
          &lt;div class=&quot;field__item&quot;&gt;&lt;a href=&quot;https://www.esma.europa.eu/press-news/esma-news?tid%5B0%5D=6206&quot; hreflang=&quot;en&quot;&gt;Market data&lt;/a&gt;&lt;/div&gt;
      &lt;/div&gt;

        &lt;div class=&quot;clearfix text-formatted field field--name-field-news-introduction field--type-text-long field--label-hidden field__item&quot;&gt;&lt;p&gt;The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the &lt;a href=&quot;https://www.esma.europa.eu/sites/default/files/2023-04/ESMA74-427-719_2022_Report_on_Quality_and_Use_of_Transaction_Data.pdf&quot;&gt;third edition of its Data Quality Report&lt;/a&gt; under the European Markets Infrastructure Regulation (EMIR) and the Securitised Financing Transactions Regulation (SFTR) reporting regimes. &lt;/p&gt;

</div>

        &lt;div class=&quot;clearfix text-formatted field field--name-field-news-body field--type-text-long field--label-hidden field__item&quot;&gt;&lt;p&gt;The report highlights the increased use of transaction data by EU financial regulatory authorities in their day-to-day supervision and identifies significant quality improvements following a new approach to data monitoring. In addition, it sets out how ESMA, together with the National Competent Authorities (NCAs), the European Central Bank (ECB) and the European Systemic Risk Board (ESRB), has incorporated key insights from its data monitoring in several internal workstreams. &lt;/p&gt;

<p>The new framework, adopted in 2022, takes a more data-driven and outcome-focused approach to data monitoring and to collaborating with the NCAs on data quality issues under EMIR and SFTR. </p>
<p>Specifically, it consists of two new elements: </p>
<ul><li>a centralised data quality dashboard with EU-wide indicators covering the most fundamental data quality aspects under EMIR;</li>
<li>a data sharing framework that enables relevant authorities to follow up with counterparties when potentially significant data quality issues are detected  </li>
</ul><p>New this year is the analysis of MiFiR transaction data from Authorized Reporting Mechanisms (ARMs) and Approved Publication Arrangements (APAs), following on from ESMA’s new supervisory powers over Data Reporting Services Providers (DRSPs).  </p>
<p>The methodology underlying the new approach is based on ESMA’s long-standing experience as supervisor of Trade Repositories (TRs) under EMIR and SFTR.</p>
<h4>Next steps   </h4>
<p>ESMA and the NCAs will continue to work on extending the new monitoring framework beyond EMIR and SFTR in 2023.  </p>
<p>Continued collaboration with NCAs and stakeholders such as Repositories, DRSPs and reporting entities is crucial to achieving further improvements to data quality under the relevant reporting regimes.</p>
<p> </p>
<p>Further information:</p>
<h6>Sarah Edwards</h6>
<p>Senior Communications Officer<br />
@ <a href="mailto:[email protected]">press@esma.europa.eu</a></p>
</div>

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        &lt;div class=&quot;field field--name-field-document-reference field--type-string field--label-hidden field__item&quot;&gt;ESMA74-427-719&lt;/div&gt;

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<a href="https://www.esma.europa.eu/document/2022-report-quality-and-use-transact... rel="bookmark"><span class="field field--name-title field--type-string field--label-hidden">2022 Report on Quality and Use of Transaction Data</span>
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        &lt;div class=&quot;field field--name-field-news-hearing field--type-entity-reference field--label-hidden field__item&quot;&gt;&lt;a href=&quot;https://www.esma.europa.eu/press-news/hearings/webinar-2022-esma-data-quality-report&quot; hreflang=&quot;en&quot;&gt;Webinar on the 2022 ESMA Data Quality Report&lt;/a&gt;&lt;/div&gt;

ESMA finds data quality significantly improves under new monitoring approach

Retrieved on: 
Wednesday, April 19, 2023
Central Registry of Securitisation Asset Reconstruction and Security Interest, European Central Bank, European Market Infrastructure Regulation, National, DRSP, Authorization, Repository, Wild Arms, ESRB, SFTR, European Securities and Markets Authority, Central bank, TRS, European Systemic Risk Board, ECB, Apas, ESMA, EMIR, Trade Repository, Risk management, Cryptocurrency, Medical device, Property management, EU, Markets in Financial Instruments Directive 2014

ESMA finds data quality significantly improves under new monitoring approach

Key Points: 
  • ESMA finds data quality significantly improves under new monitoring approach
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the third edition of its Data Quality Report under the European Markets Infrastructure Regulation (EMIR) and the Securitised Financing Transactions Regulation (SFTR) reporting regimes.
  • The report highlights the increased use of transaction data by EU financial regulatory authorities in their day-to-day supervision and identifies significant quality improvements following a new approach to data monitoring.
  • The new framework, adopted in 2022, takes a more data-driven and outcome-focused approach to data monitoring and to collaborating with the NCAs on data quality issues under EMIR and SFTR.
  • Specifically, it consists of two new elements:
    - a centralised data quality dashboard with EU-wide indicators covering the most fundamental data quality aspects under EMIR;
    - a data sharing framework that enables relevant authorities to follow up with counterparties when potentially significant data quality issues are detected
    New this year is the analysis of MiFiR transaction data from Authorized Reporting Mechanisms (ARMs) and Approved Publication Arrangements (APAs), following on from ESMA’s new supervisory powers over Data Reporting Services Providers (DRSPs).

Société du Grand Paris : Issue of EUR 1,000,000,000 3.700 per cent. Notes due 25 May 2053

Retrieved on: 
Saturday, April 15, 2023
EEA, Condition, Markets in Financial Instruments Directive 2014, European Securities and Markets Authority, European Union (Withdrawal) Act 2018, SALES, FSMA, II, EUR, IDD, European Economic Area, Issuer, Regulatory News Service, United Kingdom, AMF, Guideline, Security (finance), Note, EU, Regulation

Société du Grand Paris : Issue of EUR 1,000,000,000 3.700 per cent.

Key Points: 
  • Société du Grand Paris : Issue of EUR 1,000,000,000 3.700 per cent.
  • Notes due 25 May 2053
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • Issue of EUR 1,000,000,000 3.700 per cent.
  • The Final Terms and the Base Prospectus will be available on the Issuer's website ( www.societedugrandparis.fr ) and on the AMF's website ( www.amf-france.org ).

TUI AG: Admission of Subscription Rights settled in the form of Depositary Interests (DI Pre-Emptive Rights) and notice of intention to cancel trading of DI Pre-Emptive Rights

Retrieved on: 
Friday, March 31, 2023
ACT, COMMUNICATION, Failure, OF, Acquisition, Investment, TUI AG, PAST, FC Volna Pinsk, European Securities and Markets Authority, EACH, Rump, FINANCIAL, Financial Services and Markets Act 2000, London Stock Exchange, Sponsor, T+1, RESPECT, Underwriting, Prospectus, SELL, HER, Offering, Security (finance), European Union (Withdrawal) Act 2018, THIS, UP, PRICE, Advertising, FCA, DI, Judgement of the German Federal Court of Justice on Google's autocomplete function, Financial services, TUI, Person, Sale, London, AN, United Kingdom, United Arab Emirates, Financial adviser, Life insurance, Cryptocurrency, Federal Financial Supervisory Authority, EU

THIS ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMENDATION CONCERNING ANY INVESTOR'S DECISION OR OPTIONS WITH RESPECT TO THE OFFERING (AS DEFINED BELOW).

Key Points: 
  • THIS ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMENDATION CONCERNING ANY INVESTOR'S DECISION OR OPTIONS WITH RESPECT TO THE OFFERING (AS DEFINED BELOW).
  • THE CONTENTS OF THIS ANNOUNCEMENT ARE NOT TO BE CONSTRUED AS LEGAL, BUSINESS, FINANCIAL OR TAX ADVICE.
  • The Company intends to cancel the trading of the DI Pre-Emptive Rights on a multilateral trading facility of the London Stock Exchange (the Cancellation).
  • Therefore, shareholders or investors who take no action will not receive any compensation for any unexercised Subscription Rights or DI Pre-Emptive Rights and will be diluted.

ESMA provides guidance for supervision of copy trading services

Retrieved on: 
Thursday, March 30, 2023
European Securities and Markets Authority, Communication, ESMA, National, Union, Markets in Financial Instruments Directive 2014, Remuneration, Marketing, Property management

ESMA provides guidance for supervision of copy trading services

Key Points: 
  • ESMA provides guidance for supervision of copy trading services
    The European Securities and Markets Authority (ESMA) the EU’s financial markets regulator and supervisor, publishes today a supervisory briefing on firms offering copy trading services, in accordance with its objective of fostering investor protection and actively promoting supervisory convergence across the Union.
  • This briefing includes guidance on the qualification of copy trading services as an investment service and it sets out supervisory expectations with regard to MiFID II requirements on:
    - Information requirements (including on marketing communications and costs and charges)
    - Product governance
    - Suitability and appropriateness assessment
    - Remuneration and inducement
    - Qualifications of traders whose trades are being copied
    The supervisory briefing sets out the supervisory expectations of both ESMA and National Competent Authorities (NCAs) and also includes indicative questions that supervisors could ask themselves, or firms, when assessing firms’ approaches to the application of the relevant MiFID II rules.
  • Next steps
    ESMA and NCAs will continue monitoring the development on this topic and may therefore undertake other steps in the future to assure that copy trading is provided in a manner that is consistent with the applicable MiFID II requirements and that investment services continue being provided in the best interest of the client.
  • Further information:
    Solveig Kleiveland
    Team Leader - Communications
    ✆ +33 (0)1 58 36 43 27
    @ Email: [email protected]

ESMA issues Statement on the Derivatives Trading Obligation

Retrieved on: 
Thursday, March 30, 2023
CFTC, European Securities and Markets Authority, ICE, Public, ICE Clear Credit, FCA, Derivative, Commodity Futures Trading Commission, ESMA, UK, Security (finance)

ESMA issues Statement on the Derivatives Trading Obligation

Key Points: 
  • ESMA issues Statement on the Derivatives Trading Obligation
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published a Public Statement on the DTO in the context of the migration of credit default swap contracts out of ICE Clear Europe.
  • The objective of this statement is to support the orderly migration of positions from ICE Clear Europe to other CCPs, following the announcement of the forthcoming closure of ICE Clear Europe’s credit default swap clearing service on 27 October 2023.
  • Considering the global dimension of the migration, ESMA has closely coordinated its approach with the UK Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC).
  • Further information:
    Sarah Edwards
    Senior Communications Officer
    @ Email: [email protected]

THE TEL-AVIV STOCK EXCHANGE REPORTS THE RESULTS OF THE FINANCIAL STATEMENTS FOR THE FOURTH QUARTER AND FOR 2022

Retrieved on: 
Tuesday, March 28, 2023
Communication, Financial Market Authority (Liechtenstein), Tel Aviv Stock Exchange, Marketing, Bank statement, Politics, Tax, European Securities and Markets Authority, Risk management, Ministry, TEL, EBITDA, Net income, TASE, European, Depreciation, Growth, NIS, ESMA, POC, Ministry of Finance (Chile), House, Pharmaceutical industry, Video game, Cryptocurrency, Mobile phone, Bank, Blockchain

TEL AVIV, Israel, March 28, 2023 /PRNewswire/ -- The Tel-Aviv Stock Exchange (TASE: TASE) today announced its financial results for the fourth quarter ended December 31, 2022 and for 2022.

Key Points: 
  • The net profit in 2022 increased by 12% and totaled NIS 50.8 million, compared to NIS 45.5 million in 2021.
  • The adjusted EBITDA in the fourth quarter of 2022 totaled NIS 32.1 million, compared to NIS 29.5 million in the corresponding quarter last year, an increase of 9% between the quarters.
  • Tax expenses, net in the fourth quarter of 2022 totaled NIS 5.2 million, compared to NIS 4.2 million in the corresponding quarter last year.
  • The adjusted profit in 2022 totaled NIS 51.4 million, compared to NIS 46.2 million in 2021, an increase of 11%.

ESMA publishes guidance on fractional shares

Retrieved on: 
Tuesday, March 28, 2023
European Securities and Markets Authority, Communication, Public, ESMA, Nature, Security (finance)

ESMA publishes guidance on fractional shares

Key Points: 
  • ESMA publishes guidance on fractional shares
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has issued today a Public Statement addressing investor protection concerns raised by derivatives on fractions of shares.
  • The statement highlights that derivatives on fractions of shares are not corporate shares, and therefore firms should not use the term fractional shares when referring to these instruments.
  • Additionally, in line with the obligation to make clients reasonably able to understand the nature and risks of the specific type of financial instrument, firms should make clear to the investor that they are buying a derivative instrument.
  • Further information:
    Solveig Kleiveland
    Team Leader - Communications
    ✆ +33 (0)1 58 36 43 27
    @ Email: [email protected]