CySEC
Management Companies and Self-Managed Funds Quarterly Statistics
03 October 2022 The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the Cyprus Securities and Exchange Commission Law ("the CySEC Law"). The Cyprus Securities and Exchange Commission ("the CySEC") wishes to inform Regulated Entities about the latest version of the form, QST-MC Version 17.
CySEC
Form CA-CIF (‘Country Analysis’ Form), for the provision of Investment Services and Activities per country – 30/09/2022 Submission
03 October 2022 The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the CySEC Law. The CySEC wishes to inform all Cyprus Investment Firms about the Country Analysis form.
03 October 2022 The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the CySEC Law. The CySEC wishes to inform all Administrative Services Providers about the Form QST-ASP.
EBA
Risk Dashboard shows that capital ratios remained broadly stable and liquidity ratios declined slightly
06 October 2022
"The European Banking Authority ("EBA") published its quarterly Risk Dashboard covering the main risks and vulnerabilities in the EU banking sector." For more information please press here.
Market News
Bloomberg
Stocks, US futures fall ahead of US payrolls data: markets wrap
07 October 2022
"Stocks in Asia slipped and US equity futures declined in subdued trading ahead of a pivotal US monthly payrolls report. Disappointing earnings from chipmakers weighed on broader investor sentiment." For more information please press here.
Reuters
Japan's foreign reserves drop by record on market shakeout, FX intervention
07 October 2022 "Japan's foreign reserves fell by a record $54 billion in September, official data showed on Friday, as global market ructions dented the value of foreign bonds and prompted dollar-selling intervention to arrest a steep decline in the yen." For more information please press here.
Financial Times
IMF warns funds with illiquid assets pose risk to financial stability
04 October 2022 "The International Monetary Fund ("IMF") has warned that a surge of outflows from funds allowing frequent investor withdrawals but holding hard-to-sell assets could amplify market stress and “potentially undermine the stability of the financial system”." For more information please press here.
Cryptocurrencies
MarketWatch
Europe goes full-steam ahead on crypto rules. The U.S. has stalled.
07 October 2022
"If 2022 was the year a crypto crash put fear in the hearts of governments worldwide, 2023 might be the year the industry faces the regulatory repercussions. A key European Union committee on Wednesday approved the text of rules that would govern many crypto issuers in Europe and tokens like stablecoins, which have a value pegged to that of other assets like the dollar or euro. Now, the European Parliament will consider the legislation, which could go into effect as soon as 2024." For more information please press here.
Regulatory Reporting Solutions
Treppides Regulatory Reporting offers extensive reporting solutions under EMIR, MIFID, CRD IV, FATCA, CRS, REMIT towards MiFID II / MiFIR and CRS in all EU/ESMA jurisdictions like Cyprus (CySEC) and UK (FCA) and soon will also comply with foreign jurisdictions such as ASIC DTR.
