Argentex Group PLC’s Post

Big changes are on the horizon for FX/CFD brokers operating as Cyprus Investment Firms (#CIFs). The CySEC - Cyprus Securities and Exchange Commission has announced the adoption of new European Banking Authority (EBA) guidelines, which will take effect at the beginning of 2025. This move introduces new capital adequacy and risk management requirements for investment firm groups, ensuring that compliance is maintained across the entire group, not just individual firms. CIFs classified as “simple and low-risk” may have the opportunity to apply for reduced capital requirements. However, to benefit from lower own funds, FX/CFD brokers will need to provide comprehensive information about their group structures, trading activities, and capital calculations through CySEC's portal. In related news, crypto-asset service providers must notify CySEC by October 30, 2024, to maintain cross-border operations. This deadline is crucial as the EU prepares for the Markets in Crypto-Assets (MiCA) regulation, effective December 30, 2024. The financial community is advised to stay informed and prepared as these regulatory changes unfold! 🚀 #CySEC #InvestmentFirms #Regulation #Forex #CFD #Crypto #EBA #FinanceNews

The Central Bank of Ireland has published a notice of intention in relation to the application of the ESMA Guidelines on funds’ names using #ESG or #sustainability-related terms. The notice sets out that the CBI expects full compliance with the Guidelines from 21 November 2024. The CBI will, in due course, consult on the incorporation of a provision in the Central Bank #UCITS Regulations and #AIF Rulebook that all UCITS management companies, UCITS which have not designated a UCITS management company, Alternative Investment Fund Managers, internally managed AIFs, #EuVECA managers, #EuSEF managers, #ELTIF managers and MMF managers adhere to the Guidelines. #aifms, #managementcompanies, #fundnames

The North American Significant Risk Transfer (SRT) market looks ripe for an outbreak in activity. What triggered this shift, and is it a sustainable trend or a short-term fad? How did the banking turmoil of 2023 set the stage for growth in 2024 and beyond? Will Canadian banks continue to lead deal flow? To find out the answers to these questions join us at DealCatalyst's SRT Conference this October. Over 150 investors, fund managers and bank issuers have already signed up. With a keynote address Jim Keenan, CIO and Global Head of Private Debt, BlackRock this promises to be a cracking event. Bank issuers can sign up for free for a limited time. Join us...https://hubs.la/Q02CNRT30 #srt #crt #risktransfer #conference #capitalrelief #significantrisktransfer #structuredfinance #securitisation #securitization

Going from strength to strength…

How is supply chain finance shaping the future of African trade? Check out this article from Finverity ➡

Fitch Ratings’ 2025 Outlook for Chinese non-bank financial institutions (NBFIs) is Neutral, with a more stable prospect for leasing companies and securities firms than for national asset management companies (AMCs). Learn more: https://ow.ly/Cqp850UoSpp Get more outlooks for 2025: https://ow.ly/L4HG50UoSpo #china #asiapacific #nbfi #FitchOutlooks2025 #CreditOutlook

“DNB Bank ASA is looking to increase its use of significant risk transfers, according to its CFO, with the Norwegian lender adding to a growing list of European banks looking at the instruments to reduce credit risk. (…) Future deals would follow Oslo-based DNB’s debut SRT last week in a deal tied to a portfolio of 17.6 billion Norwegian kroner ($1.6 billion) of loans to companies including small and medium-size enterprises. In that deal, the European Investment Fund is providing credit risk protection on the mezzanine tranche of 1.1 billion Norwegian kroner, which is then counter-guaranteed by the European Investment Bank, according to a statement. The deal frees up capital for DNB, enabling the bank to extend more loans specifically for climate-friendly projects, and represents the first green securitization in Norway, the statement said.”

Join Jacob Rank-Broadley (FTSE Russell, An LSEG Business) in a conversation with the experts: Michele Mazzoni (European Securities and Markets Authority (ESMA)) and Kam Hessling at the (Loan Market Association (LMA)) discussing regulatory expectations for risk free rates in the European loan market. Join the conversation >> https://bit.ly/4aQiFG1 #Interestrates #LoanMarkets

SEBI pushes for faster settlement cycles despite lack of investor interest, aiming to reduce counterparty risks and improve market efficiency. Visit https://lnkd.in/dEWsM_iS to know more about this #SEBI #T+0Settlement #StockMarket #liquidity #CounterpartyRisks

🌍 Africa represents just 1.9% of global SCF volumes – but with 39% year-on-year growth, it’s outpacing every other continent. For banks, NBFIs, and corporates, this is a unique moment to shape the future of African trade. But tapping into this potential takes more than awareness, it requires the right mix of technology, tailored solutions, and collaboration. In our latest article, we cover: ➡ How SCF can unlock liquidity and drive growth in new markets ➡ The role of digitisation in reducing risk and improving efficiency ➡ Why partnerships are key to building a resilient financial ecosystem Thank you to Michelle Knowles (Absa Group), Susanne Kavelaar (IFC - International Finance Corporation) and Ahanna Anaba (Finverity) for your comments on this important topic. If you want to understand where SCF in Africa is headed – and how to be part of it – this one's for you 👇 https://lnkd.in/dgPiJHSs