Source/Date | Brief description |
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BaFin4 July 2019 |
Publication of the Monthly Journal from the Federal Financial Supervisory Authority (BaFin) Topics (selection): Bank liquidation / BaFin event on technical cooperation / Outsourcing of banks / Cooperation with Japan / Stronger supervision of subordinated loans. For further information in German, click here. |
BaFin4 18/07/2019 |
BaFin published its Interpretation and Application Guidance (Auslegungsentscheidung Auslegungsentscheidung zur Finanzrückversicherung im Bezug auf traditionelle Rückversicherungen im Bereich Nichtleben) on differentiation between financial reinsurance and traditional non-life reinsurance The Interpretation and Application Guidelines shall apply to all insurance undertakings having their head office in Germany and to branches of insurance undertakings of a third country engaged in non-life insurance business. For further information in German, click here. |
German Federal Gazette 15/07/2019 |
An act on the further implementation of the EU Prospectus Ordinance and on amendments to Financial Market Acts published in the German Federal Gazette For further information in German, click here. |
BaFin4 15/07/2019 |
BaFin submitted the draft of an Ordinance amending the Regulation on Financial Information and Information on the Risk-Bearing Capacity (Zweite Verordnung zur Änderung der Finanz- und Risikotragfähigkeitsinformationenverordnung (FinaRisikoV)) For further information in German, click here. |
BaFin4 04/07/2019 |
BaFin consults module on regulations based on the Market Abuse Regulation (MAR) BaFin has revised further parts of the Issuer Guideline (Emittentenleitfaden) and made them available for consultation. For further information in German, click here. |
BaFin4 03/07/2019 |
BaFin published a draft on a Circular on Liquidity risk (Entwurf für ein Rundschreiben bezüglich zusätzlicher Liquiditätsabflüsse in Zusammenhang mit anderen Produkten und Dienstleistungen gemäß Artikel 23 Delegierter Verordnung (EU) 2015/61) For further information in German, click here. |
BaFin4 01/07/2019 |
BaFin adopts European Banking Authority (EBA) guidelines to concretize STS criteria in its Circular (Rundschreiben 04/2019 (BA) zur Konkretisierung der Kriterien für einfache, transparente und standardisierte Verbriefungen (STS)) With this circular, BaFin will incorporate the relevant standards of the EBA into its administrative practice as of 1 July 2019. For further information in German, click here . |
BaFin4 01/07/2019 |
BaFin continues ban on binary options (Allgemeinverfügung gemäß Artikel 42 MiFIR bezüglich binärer Optionen) for retail investors in Germany The marketing, distribution and sale of binary options to private customers will continue to be prohibited in Germany. BaFin has issued a general decree stipulating this. The German supervisory authority is thus reacting to the expiry of the product intervention measure of the European Securities and Markets Authority (ESMA). For further information in German, click here. |
BaFin4 28/06/2019 |
BaFin has issued a general ruling on the quota for the domestic countercyclical capital buffer (Allgemeinverfügung zur Quote des inländischen antizyklischen Kapitalpuffers nach § 10d KWG) For further information in German, click here. |
This section of the newsletter contains material generated and copyrighted by ESMA,1 EBA,2 ECB,3 BaFin,4 the European Commission,5 ECON,6 BCBS,7 the European Parliament,8 EIOPA,9 FSB,10 the Council of the EU,11 the German Ministry of Finance,12 the ESAs,13 IOSCO,14 ESRB,15 CPMI,16 BIS17and SRB.18 This material is for general informational purposes only and does not represent any undertaking to keep recipients advised of all legal developments. Dentons does not assume any liability regarding the contents of external links.
Upcoming Public Events & Conferences
Source/Date | Brief description |
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26/09/2019 Dentons Frankfurt |
Customer centricity and digitization in the insurance industry Digitization and customer centricity are two of the main challenges that the insurance industry faces today. As the world becomes more digital, customers are also becoming more conscious: demanding ease of access to information and transparency. Falling behind in digital transformation can have important consequences for your business. What are the market and regulatory trends in the insurance sector? What are the challenges and opportunities for insurance companies? And why does Artificial Intelligence matter? These topics will be addressed at Dentons' Insurance Roundtable at our Frankfurt office. The speakers will provide insights on their special areas of expertise:
For further information, click here. |
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