The regulator was concerned about gaps in monitoring the largest index funds' ownership of banks.
The definition of “broker” has expanded to include providers of DeFi trading front-ends.
The agreed price for the acquisition is €5.1bn, with closing expected mid-2025.
Second and final part of the Markets in Crypto-Assets Regulation has become applicable.
The trading volume in cryptocurrencies almost tripled.
Firm is #12 in the Chartis Buyside Platforms rankings for buy-side platforms and technology.
The Parliamentary Investigation Committee was also critical of FINMA’s relaxation of capital requirements
Following the envisaged transaction, Crédit Agricole will control 100% of the asset servicing provider.
The report builds on Treasury’s work on AI-related cybersecurity risks in the financial sector.