| Jupiter's Compliance Team Blocks Crypto ETP Investment: Report
February 16, 2024--Jupiter Asset Management's compliance team blocked its investors from having any exposure to a cryptocurrency exchange-traded product (ETP) in one of its Irish UCITs funds, according to a Financial Times report.
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| The reason for blocking the investment was due to, "divergent regulatory approaches in the EU."
UCITS are open-ended investment funds and are a popular form of investment vehicle, especially for European retail investors. Currently, Ireland does not allow crypto investments in UCITS funds. |
| ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |