The Chairman of the European Securities and Markets Authority (ESMA), Steven Maijoor, has heightened concerns for liquidity risk within the asset management sector. He expressed his views at a recent speaking engagement by noting that, based on the shutting down of the Woodford fund in Great Britain, he believes that fund managers may be “flouting…
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Busy days for the EU’s securities markets’ regulator ESMA, as the regulator has just published a public consultation on draft guidelines on performance fees under the Undertakings for Collective Investments in Transferable Securities (UCITS) Directive. LeapRate reminds that last week, ESMA has published a statement, addressed to providers marketing, distributing or selling CFDs to retail…
Read moreAfter warning on CFD trading, the European Securities and Markets Authority (ESMA) has issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who are unaware of the risks associated with these products, and also highlights the regulatory action taken in relation to several Cyprus-based investment…
Read moreCyprus regulator CySEC celebrated its 20th anniversary yesterday with a special event held at the Presidential Palace in Nicosia. The event was attended and addressed by the President of the Republic, Mr. Nicos Anastasiades, the Minister of Finance, Mr. Harris Georgiades, and the Chair of the European Securities and Markets Authority (ESMA), Mr. Steven Maijoor, within the…
Read moreSteven Maijoor will keep leading and preparing the work of ESMA's Board, made up of the heads of the EU’s national securities regulators.
Read moreICAP believes investors and market participants will embrace and reward European leadership in an age characterized by transparency and consumer choice
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