Economic and Financial Affairs Council

ESMA encourages preparations for a smooth transition to MiCA

Retrieved on: 
Thursday, November 9, 2023
European Securities and Markets Authority, Economic and Financial Affairs Council, ESMA, Economy, ECOFIN, Letter, Cryptocurrency, EU

ESMA encourages preparations for a smooth transition to MiCA

Key Points: 
  • ESMA encourages preparations for a smooth transition to MiCA
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes a letter and a statement to encourage preparations for a smooth transition to MiCA.
  • Market participants are encouraged to begin planning towards a smooth transition and ensure their clients are aware of the regulatory status of their ‘grand-fathered’ crypto-asset offerings.
  • The statement also reminds consumers of the risks associated with holding or investing in crypto-assets until and even after MiCA enters into application.
  • More information on the timeline for MiCA implementing measures and the transitional period can be found here.

Hepsiburada Announces a Change to the Board of Directors

Retrieved on: 
Friday, October 27, 2023
Economic and Financial Affairs Council, Electronics manufacturing services, Ministry of Finance & National Economy (Bahrain), Ministry, Republic, HEPS, Private sector, Security (finance), Ankara University

ISTANBUL, Turkey, Oct. 27, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announced a change to the composition of its Board of Directors.

Key Points: 
  • ISTANBUL, Turkey, Oct. 27, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announced a change to the composition of its Board of Directors.
  • Effective October 20, 2023, Mr. Halil Cem Karakaş, a former member of the Company’s Board of Directors, resigned from his duties and Mr. Mehmet Erol Çamur was appointed as a member of the Board of Directors to replace Mr. Halil Cem Karakaş.
  • The appointment of Mr. Mehmet Erol Çamur will be submitted for approval by the Company’s shareholders at the Company’s next general assembly of shareholders.
  • Mr. Çamur previously served as a member of the Board of Directors of the Company between 2015 and 2022.

ECB nominates Claudia Buch as Chair of Supervisory Board

Retrieved on: 
Friday, September 29, 2023
Deutsche Bundesbank, European Central Bank, European Parliament, Economic and Financial Affairs Council, Economy, Communication, ECOFIN, Supervisory board, Obio-Akpor Local Government Council, Frankfurt, Parliament, Council of the European Union, ECB, Supervision, Council, Council Implementing Regulation (EU) No. 282/2011, Memorandum, Reproduction, Chair, Security printing, Employment agency, Property management, European

- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB nominates Claudia Buch as Chair of Supervisory Board
    13 September 2023
    - Governing Council submits its nomination for next Chair of ECB Banking Supervision
    - European Parliament to approve candidate
    - Council of European Union to subsequently appoint candidate
    The Governing Council of the European Central Bank (ECB) today nominated Claudia Buch for the non-renewable five-year position of Chair of the Supervisory Board, following consultation with the Supervisory Board.
  • The vote in the Governing Council was taken by secret ballot and a majority was pronounced in favour of Claudia Buch.
  • If the nomination is approved by the European Parliament and confirmed by the Council of the European Union, Claudia Buch will succeed Andrea Enria as Chair of the Supervisory Board on 1 January 2024.
  • Notes
    - The Supervisory Board of the ECB consists of the Chair, the Vice-Chair, four ECB representatives and representatives of the national supervisors participating in European banking supervision.

Bermuda Committed to Cooperation and Compliance in Global Tax Standards

Retrieved on: 
Monday, February 28, 2022
Professional Services, Small Business, Other Professional Services, Insurance, Finance, Consulting, Human coronavirus 229E, Partnership, Compliance, BMA, EU Council, Conduct, Economic and Financial Affairs Council, National Association of Insurance Commissioners, European, OECD, Code, European Commission, Â, ATF, Annual report, AML, CFATF, Royal commission, Asia-Pacific Economic Cooperation, Review, Organization, Caribbean Financial Action Task Force, FATF, Financial Action Task Force, BDA, Solvency, ABIC, Risk assessment, Evaluation Review, NAIC, ECOFIN, Association, CEO, List of parties to the Kyoto Protocol, National Association, Time, Medical device, Reinsurance, Online gambling, Financial services, EU

Following the European Unions (EU) Code of Conduct Group including Bermuda on the state of play document (Annex II), the Bermuda Business Development Agency (BDA) and its valued partners, notes that Bermuda is committed to cooperation and compliance in relation to global tax standards.

Key Points: 
  • Following the European Unions (EU) Code of Conduct Group including Bermuda on the state of play document (Annex II), the Bermuda Business Development Agency (BDA) and its valued partners, notes that Bermuda is committed to cooperation and compliance in relation to global tax standards.
  • David Hart, BDA CEO, said, Bermuda prides itself on being a blue-chip financial services jurisdiction, particularly around global (re)insurance, and is committed to cooperation and compliance in global tax standards.
  • As a result, Bermuda is an active contributor to the EU, and is a global leader in regulation and technical compliance.
  • Bermuda has been consistently recognised for its transparency and adherence to global tax reporting, AML/ATF, and economic substance compliance requirements.

Tortoise MLP & Pipeline Fund Shifts to Quarterly Distribution Payouts

Retrieved on: 
Thursday, February 24, 2022
Finance, Oil, Gas, Energy, Professional Services, Other Energy, Risk, IRA, MLP, Natural gas, Growth, Securities Exchange Act of 1934, Ethanol, Security (finance), Education, Sale, Ecology, U.S. Securities and Exchange Commission, Securities Act of 1933, Maintenance, Energy Independence and Security Act of 2007, Communication, UBTI, Life insurance, Bank, Economic and Financial Affairs Council, Tortoise, Tortoise MLP & Pipeline Fund, Tortoise MLP & Energy Income Fund, TORTOISE MLP & PIPELINE FUND, TORTOISE MLP & ENERGY INCOME FUND

For distribution dates and amounts for Tortoise MLP & Energy Income Fund (INFRX/INFFX/INFIX), please refer to the website here .

Key Points: 
  • For distribution dates and amounts for Tortoise MLP & Energy Income Fund (INFRX/INFFX/INFIX), please refer to the website here .
  • The Tortoise MLP & Pipeline Fund focuses on the large and diverse North American pipeline universe.
  • The Tortoise MLP & Energy Income Fund invests in securities across the capital structure of energy infrastructure companies; including common equity, preferred equity, bonds and MLPs.
  • TCA Advisors is the adviser to the Tortoise MLP & Pipeline Fund and Tortoise MLP & Energy Income Fund.

TortoiseEcofin Announces Constituent Change Due to Merger and Acquisition Activity

Retrieved on: 
Thursday, February 17, 2022
Finance, Oil, Gas, Energy, Professional Services, Utilities, Standard, Ecology, Water, VIE, SEV, Education, S&P Dow Jones Indices, TIS, Maintenance, Sale, LLC, Risk management, Tortoise, Economic and Financial Affairs Council, Index

Due to the merger, SEV will be removed from the index at market close on Friday, February 18, 2022.

Key Points: 
  • Due to the merger, SEV will be removed from the index at market close on Friday, February 18, 2022.
  • TortoiseEcofin focuses on essential assets those assets and services that are indispensable to the economy and society.
  • The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, S&P Dow Jones Indices).
  • S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Indices.

Ecofin Tax-Advantaged Social Impact Fund Wins the Best ESG Investment Fund: Social Bonds Category at the ESG Investing Awards 2022

Retrieved on: 
Wednesday, February 2, 2022
Professional Services, Communications, Other Professional Services, Finance, Consulting, Public Relations, Investor Relations, Environmental, social and corporate governance, TCA, Statistics, Sale, Water, ETF, Goal, LLC, ESG, Environment, Securities Act of 1933, Publishing, Index, U.S. Securities and Exchange Commission, Private, News, Investment, Securities Exchange Act of 1934, Security (finance), Economic and Financial Affairs Council, Best, Renewable energy, Financial adviser

The Ecofin Tax-Advantaged Social Impact Fund (TSIFX) has won the Best ESG Investment Fund: Social Bonds category.

Key Points: 
  • The Ecofin Tax-Advantaged Social Impact Fund (TSIFX) has won the Best ESG Investment Fund: Social Bonds category.
  • The Ecofin Tax Advantaged Social Impact Fund (TSIFX) is the largest fund in this strategy and is available daily to retail investors.
  • For the Best ESG Investment Fund: Social Bonds Category there were three finalists, including Ecofin.
  • The ESG Investing Awards 2022 are devoted to assessing and evaluating the best companies involved in all areas of ESG investing across the globe.

TortoiseEcofin Announces Constituent Changes Due to Corporate Action

Retrieved on: 
Friday, January 28, 2022
Energy, Professional Services, Oil, Gas, Finance, Natural gas, Sale, Ecology, LLC, Transport, S&P Dow Jones Indices, OMP, Solactive, Acquisition, Education, Ownership, TMLP, NYSE, NASD, MLP, TIS, Standard, Maintenance, Fine chemical, Risk management, Tortoise, Index, Economic and Financial Affairs Council

Special rebalancings in TMLP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.

Key Points: 
  • Special rebalancings in TMLP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.
  • Special rebalancings in TNAP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.
  • Special rebalancings in DCRBN are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 5.0% threshold and the target constituent weight exceeds certain weighting thresholds.
  • TortoiseEcofin focuses on essential assets those assets and services that are indispensable to the economy and society.

Using Capital as a Catalyst for Change: Ecofin Makes Annual Donation to Help Water.org Bring Safe Water and Sanitation to the World

Retrieved on: 
Friday, January 7, 2022
Other Philanthropy, Utilities, Oil, Gas, Environment, Finance, Energy, Professional Services, Philanthropy, Goal, Securities Act of 1933, Education, Environment, Securities Exchange Act of 1934, Water scarcity, U.S. Securities and Exchange Commission, Security (finance), Hope, Health, Woman, Water, LLC, Sale, Marketing, Renewable energy, Economic and Financial Affairs Council, Water.org, Ecofin, Water.org, ECOFIN, WATER.ORG

Water.org empowers people in need with lasting access to safe water and sanitation giving women hope, children health and families a bright future.

Key Points: 
  • Water.org empowers people in need with lasting access to safe water and sanitation giving women hope, children health and families a bright future.
  • A confluence of events is driving a capital supply and demand imbalance surrounding waters use, reuse, and the essential infrastructure.
  • We appreciate the continued support of Ecofin that will help fuel our smart solutions and change more lives, said Melanie Mendrys, Water.org Director of Brand + Marketing.
  • Ecofin Investments, LLC is the parent of registered investment advisers Ecofin Advisors, LLC and Ecofin Advisors Limited (collectively "Ecofin").

TortoiseEcofin Announces Constituent Changes Due to Corporate Action

Retrieved on: 
Thursday, December 30, 2021
Energy, Professional Services, Oil, Gas, Finance, LLC, TIS, MLP, Partnership, Transport, TMLP, NYSE, S&P Dow Jones Indices, Maintenance, EVA, Ecology, Education, Standard, Sale, Risk management, Index, Tortoise, Economic and Financial Affairs Council

Due to the conversion, EVA will be removed from the index at market open on Monday, January 3, 2022.

Key Points: 
  • Due to the conversion, EVA will be removed from the index at market open on Monday, January 3, 2022.
  • Special rebalancings in TMLP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.
  • TortoiseEcofin focuses on essential assets those assets and services that are indispensable to the economy and society.
  • The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, S&P Dow Jones Indices).