| ESAs warn of risks resulting from a fragile economic outlook
September 18, 2023--The three European Supervisory Authorities (EBA, EIOPA and ESMA- ESAs) today issued their Autumn 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines the continued high economic uncertainty. |
| The ESAs warn national supervisors of the financial stability risks stemming from the heightened uncertainty, and call for vigilance from all financial market participants. Recent years have presented a series of adverse events, i.e., the Russian aggression against Ukraine, the energy crisis, and US mid-sized banks turmoil in March 2023, which most financial institutions have navigated well. Nonetheless, the European economy continues to experience a period of heightened uncertainty which presents material financial stability risks that necessitate vigilance from all financial market participants. The economic outlook remains fragile, not least amid persistently elevated geopolitical risks, high inflation, and an uncertain macro-financial outlook. |
| Archax Executes First After-Hours Transaction of its Tokenized Canary HBR ETF on Hedera Mainnet December 5, 2025-Archax, the UK/EU-regulated digital asset platform, today announced the tokenization and first onchain transaction of the Canary HBR ETF on the Hedera Network. The completed out-of-hours transaction is a landmark achievement in blockchain-based finance: an ETF linked to Hedera's native token, tokenized and transacting on the Hedera Network itself, outside of traditional market hours. |