Copy
ICAS
July Newsletter - Issue 27/2021
Announcements
EBA
Releases phase 2 of its 3.1 reporting framework
7 July 2021
The European Banking Authority (EBA) published phase 2 of its 3.1 reporting framework. The technical package supports the implementation of the reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM) and the XBRL taxonomies for version 3.1. For more information please press 
here.
Market News
Bloomberg
Futures Steady as Stocks Rise, Bond Rally Stalls: Markets Wrap
9 July 2021
"U.S. equity futures steadied on Friday and stocks in Europe rose in a broad-based rebound, while Treasuries halted an eight-day rally fueled by concerns about global growth amid the spread of Covid-19 variants. The Stoxx Europe 600 index advanced, with all sectors in the green, as some of the world’s biggest money managers bet on a swift comeback for the battered reflation trade. Airbus SE climbed more than 3% after saying deliveries of new jets accelerated. Contracts on the S&P 500 and Nasdaq 100 edged higher following Thursday’s selloff in the underlying gauges. The dollar was flat against a basket of major currencies." For more information please press 
here.
Reuters
Tax reform tops agenda as G20 finance chiefs meet in Venice
9 July 2021
"Finance ministers and central bankers from the group of 20 rich countries will meet face to face on Friday for the first time since the start of the COVID-19 pandemic at a gathering in Venice where corporate tax reform will top the agenda. The G20 is expected to give its political endorsement to plans for new rules on where and how much companies are taxed which were backed last week by 130 countries at the Paris-based Organisation for Economic Cooperation and Development." For more information please press 
here.
Bloomberg
ECB More Cautious Than Fed on Inflation Overshoot in New Target
9 July 2021
"The European Central Bank took a step in the Federal Reserve’s direction with its new inflation target of 2%, while stopping short of a similar commitment to let the economy run hot after a recovery. In announcing the results of its own long-running strategy review on Thursday, officials in Frankfurt said their new simpler approach “may also imply a transitory period in which inflation is moderately above target.” That contrasts with an explicit commitment from their U.S. counterparts to aim for a rate above its target after a period of weakness." For more information please press 
here.
Cryptocurrencies
Bloomberg
Binance Booms as Crypto Trading Unfolds Beyond Nations’ Reach
9 July 2021
"The U.S. Justice Department and the Internal Revenue Service were already investigating whether Binance is a conduit for money laundering and tax evasion. The Commodity Futures Trading Commission is probing whether Binance let Americans place wagers that violated U.S. regulations. Germany’s financial regulator said it’s concerned the firm broke rules by selling tokenized shares of Tesla Inc. and other companies. Binance told Bloomberg it’s committed to following the rules and strives to be a partner to watchdogs in routing out misconduct, a message the firm has delivered consistently." 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.

Nicosia

Treppides Tower
9 Kafkasou Street
Aglantzia
Nicosia, CY 1642
Cyprus
P.O.Box 27142

Tel:  +357 22 678944
Fax: +357 22 681887

Web: www.treppides.com

London

Treppides Advisers Ltd
Milner Street,
London, SW3 2QA,
United Kingdom


Tel: +44 20 7569 6756
Fax: +44 20 7569 6757
Web: www.treppidesadvisers.co.uk Email: info@treppidesadvisers.co.uk

 

 

Limassol


38 Andrea Kariolou Street
Ayios Athanasios 
Limassol, CY 4102
Cyprus

 

Tel:  +357 25 822722
Fax: +357 25 822723
Web: www.treppides.com

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

Email Us

Copyright © K. Treppides & Co Ltd, All rights reserved.

Copyright © 2021 K.Treppides & Co Ltd, All rights reserved.


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp