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ICAS
December Newsletter - Issue 1/2022
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CySEC
Management Companies and Self-Managed Funds Quarterly Statistics –New 
Version
31 December 2021
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 new version of the Management Companies and Self-Managed Funds Quarterly Statistics. 
Circular 482
Announcements
EBA
Alerts on the detrimental impact of unwarranted de-risking and ineffective management of money laundering and terrorist financing risks
05 January 2022
The European Banking Authority ("EBA") published its Opinion on the scale and impact of de-risking in the EU and the steps competent authorities should take to tackle unwarranted de-risking. Providing access to at least basic financial products and services is a prerequisite for the participation in modern economic and social life and de-risking, when unwarranted, can cause the financial exclusion of legitimate customers. It can also affect competition and financial stability. For more information please press 
here.
Market News
Bloomberg
Oil Set for Third Weekly Advance as Market Tightens on Outages
07 January 2022
"Oil was poised for a third weekly gain as demand remained resilient while supplies are frayed across the OPEC+ coalition and beyond. Futures increased again on Friday to trade near $80 a barrel in New York, bringing this week’s increase to almost 7%. Kazakhstan’s biggest oil producer has altered output at the giant Tengiz field following protests in the country, while Libyan production has also been crimped. Oil’s market structure has firmed in a bullish backwardation structure, signaling growing supply tightness." For more information please press 
here.
Reuters
S&P 500 ends choppy session nearly flat, a day after sell-off
07 January 2022
"The S&P 500 ended a volatile session close to unchanged on Thursday, as technology shares fell but financials lent support a day after the market sold off on a hawkish slant in Federal Reserve minutes. The S&P 500 financials index (.SPSY)rose 1.6%, extending this week's strong gains. Other economically sensitive sectors also advanced. Energy (.SPNY) gained 2.3% and is up more than 9% since Dec. 31. Banks were among top performers among financials, with the S&P 500 bank index (.SPXBK)up 2.6% following a rise in the benchmark U.S. 10-year Treasury yield , which touched its highest level since April 2021. Higher interest rates can increase profit margins for banks and financial firms. Shares of Meta Platforms (FB.O) jumped 2.6%, the biggest boost to the S&P 500 and Nasdaq." For more information please press 
here.
Financial Times
Growth equity booms as investors embrace private markets
07 January 2022
"
Growth equity has become one of the hottest corners of the private capital industry, as ever-larger companies eschew public markets and find strong demand among investors desperate for higher-returning bets. The investment strategy has long existed as a vibrant yet ill-defined halfway house between traditional venture capital firms that acquire small stakes in nascent companies, and private equity funds that usually buy more mature ones outright. But torrential inflows into private markets from investors seeking alternatives to mainstream stocks and bonds have helped buoy dedicated growth equity funds — which typically finance well-established but still younger, fast-growing private companies in return for minority stakes — and transform them into a larger and more distinct asset class." For more information please press here.
Cryptocurrencies
Bloomberg
These Four Charts Show Some of Bitcoin’s Potential Trouble Spots
07 January 2022
"Bitcoin is down about 40% from its November record and there is increasing evidence the decline may not be done yet. The largest cryptocurrency has failed to gain momentum in every attempted rally in the past couple of months, and dropped Friday to nearly $41,000. The latest declines come after minutes of the Federal Reserve’s December meeting showed a potential for earlier- and faster-than-expected rate increases, as well as considerations about balance-sheet runoff. Lack of interest and demand due to the holiday season, tax-based selling and concern in the markets about the Fed’s potential actions are resulting in turn-of-year weakness, said Vijay Ayyar, vice president of corporate development and international at crypto exchange Luno in Singapore. He expects levels between $38,000 to $40,000 to come into focus." 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. 

Contact us directly at info@treppidesrr.com to discuss your tailor made solution.

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Aglantzia
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Tel:  +357 22 678944
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Treppides Advisers Ltd
Milner Street,
London, SW3 2QA,
United Kingdom


Tel: +44 20 7569 6756
Fax: +44 20 7569 6757
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Ayios Athanasios 
Limassol, CY 4102
Cyprus

 

Tel:  +357 25 822722
Fax: +357 25 822723
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Malta

Finanz Audit Ltd
Level 1, Somnium
Tower Road, Swatar
Birkirkara, BKR 4012
Malta


Tel: +356 2010 8080
Fax: +356 2546 6103
Web: www.finanz-audit.com
Email: info@finanz-audit.com

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