At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and
The European Securities and Markets Authority (ESMA), the EU’s financial markets and securities regulator, today publishes an article exploring the use of language related to environmental, social and governance (ESG) factors in EU investment fund names and documentation. Tackling greenwashing is one of the key priorities in ESMA’s Strategy on Sustainable Finance, and in this
ADM Investor Services International Limited (ADMISI), a broker, has been fined £6,470,600 for inadequate anti-money laundering (AML) systems and controls. The nature of ADMISI’s business and client base presented potentially high levels of money laundering risk because of its business model, the geographical location of its customers, the proportion of its business involving high-risk clients
- Envíos de dinero (transferencias inmediatas “push”) registraron un crecimiento del 106,1 % i.a., Administradas por redes: sse superaron los 300 millones de transferencias inmediatas “push” por $ 10,6 billones, que implican incrementos interanuales del 106,1 % y del 35,6 %, en cantidades y en montos respectivamente. El 65,1 % tuvo como origen y/o destino
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has withdrawn as required by EMIR the recognition decision of JSE Clear, a central counterparty (“CCP”) established in South Africa. This withdrawal follows the addition of South Africa, by the European Commission, to the list of high-risk third countries presenting strategic
