ESAs recommend steps to enhance the monitoring of BigTechs' financial services activities

February 1, 2024--The European Supervisory Authorities (EBA, EIOPA and ESMA-the ESAs) today published a Report setting out the results of a stocktake of BigTech direct financial services provision in the EU. The Report identifies the types of financial services currently carried out by BigTechs in the EU pursuant to EU licences and highlights inherent opportunities, risks, regulatory and supervisory challenges.

The ESAs will continue to strengthen the monitoring of the relevance of BigTech in the EU financial services sector, including via the establishment of a new monitoring matrix.

In 2023 the ESAs, via the European Forum for Innovation Facilitators (EFIF), conducted a cross-sectoral stocktake of BigTech subsidiaries providing financial services in the European Union (EU) as a follow-up to the ESAs' 2022 response to the European Commission's Call for Advice on Digital Finance.

ASB Capital and Xtrackers by DWS launch XASB Sukuk ETF on LSE

November 5, 2025-Listed on the London Stock Exchange (LSE), the newly launched ETF will democratize access to Sukuk for global investors
Bell ringing ceremony on the LSE and official launch on 4 November 2025
Global ETF assets reached USD 15 trillion by the end of 2024, reflecting a 30% increase from the previous year driven by a record USD 1.7 trillion of net inflows.

Ex-Pimco executive plans Europe's first catastrophe-bond ETF

October 29, 2025--King Ridge Capital Advisors is already managing the world's first-ever cat-bond ETF for Brookmont Capital Management.
Europe may soon get its first exchange-traded fund based on catastrophe bonds.
An application to register the ETF was filed in Ireland, according to Rick Pagnani, co-founder and CEO of King Ridge Capital Advisors.

CoinShares Launches TON ETP with Zero Management Fees and 2% Staking Yield

October 28, 2025-Europe's leading digital asset manager delivers institutional access to TON, the blockchain powering Telegram's 900+ million users.