|
Source/Date |
Brief description |
|---|---|
|
EBA2 |
EBA provides clarity to market participants for the implementation of the technical standards on strong customer authentication and common and secure communication under the PSD2 The EBA published two regulatory products, an Opinion and a Consultation Paper on draft Guidelines, to clarify a number of issues identified by market participants in relation to the RTS on strong customer authentication and common and secure communication (SCA and CSC), which will apply from 14 September 2019. For further information, click here. |
|
ESMA2 |
Report on penalties and supervisory measures under EMIR The ESMA has issued its first annual report regarding supervisory measures carried out and penalties imposed by national competent authorities (NCAs) under EMIR. For further information, click here. |
|
European Parliament 2 |
Revised rules for OTC-derivatives: proportional treatment of small and non-financial firms Plenary adopted a negotiating mandate to simplify clearing rules for small and non-financial counterparties and to temporary exempt pension funds from clearing. For further information, click here and here. |
|
EBA2 |
EBA issued revised list of ITS validation rules The EBA issued a revised list of validation rules in its ITS on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. For further information, click here. |
|
EBA2 |
EBA issued revised list of ITS validation rules The EBA issued a revised list of validation rules in its ITS on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. For further information, click here. |
|
European Commission2 |
EU budget: New Single Market programme to empower and protect Europeans For the next long-term EU budget 2021-2027, the Commission is proposing a new, dedicated €4 billion programme to empower and protect consumers and enable Europe's many small and medium-sized enterprises (SMEs) to take full advantage of a well-functioning Single Market. For further information, click here and here |
|
FSB7 |
FSB seeks feedback on technical implementation of the TLAC standard The FSB published a call for public feedback on the technical implementation of the FSB's Total Loss-Absorbing Capacity (TLAC) Standard. For further information, click here. |
|
OJ of the EU |
Implementing Regulation supplementing the CRR and the EMIR published in OJ Commission Implementing Regulation (EU) 2018/815 on the extension of the transitional periods related to own funds requirements for exposures to central counterparties set out in Regulations (EU) No 575/2013 and (EU) No 648/2012. Entry into force: 05/06/2018. For further information, click here. |
|
OJ of the EU |
European Securities and Markets Authority Decision (EU) 2018/796 to temporarily restrict contracts for differences in the Union in accordance with Article 40 of Regulation (EU) No 600/2014 – published in OJ. For further information, click here. |
|
OJ of the EU |
European Securities and Markets Authority Decision (EU) 2018/795 to temporarily prohibit the marketing, distribution or sale of binary options to retail clients in the Union in accordance with Article 40 of Regulation (EU) No 600/2014 – published in OJ. For further information, click here. |
|
ESMA3 |
ESMA published Q&As in relation the temporary product intervention measures The ESMA has published its Questions and Answers on ESMA's temporary product intervention measures on the marketing, distribution or sale of CFDs and binary options to retail clients based on Article 40 of MiFIR. For further information, click here. |
|
ESMA3 |
ESMA adopted final product intervention measures on CFDs and binary options The ESMA has formally adopted new measures on the provision of contracts for differences (CFDs) and binary options to retail investors. For further information, click here. |
|
EBA2 |
EBA publishes final amended technical standards on supervisory disclosure The EBA published its final draft amended Implementing Technical Standards on supervisory disclosure, which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities. For further information, click here |
|
European Commission |
Multiannual Financial Framework - European Investment Stabilisation Function The Commission published a Proposal for a Regulation on the establishment of a European Investment Stabilisation Function. For further information, click here. |
|
ESMA3 |
ESMA updated the CSDR Q&As The ESMA has updated its Q&As regarding the implementation of the CSDR. For further information, click here. |
|
EBA/ESMA3 |
ESMA and EBA: institutions and authorities must consider
retail holders of debt financial instruments in
resolutions |
|
ESMA3 30/05/2018 |
ESMA updated its EMIR Q&As The ESMA has updated its Q&As regarding the implementation of the EMIR. For further information, click here |
|
European Commission 25/05/2018 |
Commission published two draft delegated regulations regarding safekeeping duties of depositaries for Alternative Investment Funds and for UCITS funds Commission Delegated Regulation amending Delegated Regulation (EU) No 231/2013 as regards safe-keeping duties of depositaries. For further information, click here. Commission Delegated Regulation amending Delegated Regulation (EU) No 2016/438 as regards safe-keeping duties of depositaries. For further information, click here. |
|
ESMA3 |
ESMA updated its MiFID II / MiFIR Q&As on transparency and market structures topics The ESMA has updated its Questions and Answers regarding transparency and market structures issues under MiFID II and MiFIR. For further information, click here. |
|
ESMA3 |
ESMA published final Guidelines on MiFID II suitability
requirements |
|
ESMA3 |
ESMA updated Q&A on Short-Selling Regulation The ESMA has updated its Q&As on the Short-Selling Regulation (SSR). For further information, click here. |
|
ESMA3 |
Final Guidelines on anti-procyclicality margin measures for CCPs under EMIR The ESMA has issued final guidelines on anti-procyclicality margin measures for central counterparties (CCPs) under the European Market Infrastructure Regulation (EMIR). For further information, click here. |
|
European Commission |
Commission published Draft Delegated Regulation
supplementing the CSDR with regard to regulatory technical
standards on settlement discipline |
|
ESMA3 |
ESMA published a practical Guide on the national rules on notifications of major holdings under the Transparency Directive For further information, click here. |
|
ESMA3 |
ESMA published update to MiFID II Q&As on investor
protection and intermediaries topics |
|
ESMA3 |
ESMA updated UCITS Q&A The ESMA has updated its Questions and Answers on the application of the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS). For further information, click here. |
|
ESMA3 |
ESMA updated Q&A on MiFIR data reporting The ESMA has updated its Q&As on data reporting under MiFIR. For further information, click here. |
|
ESMA3 |
ESMA published latest data on credit rating agencies performance The ESMA has published its latest set of semi-annual statistical data on the performance of credit ratings, including transition matrices and default rates. For further information, click here. |
|
European Commission 24/05/2018 |
Commission legislative proposals on sustainable finance The Commission presented a package of measures as a follow-up to its action plan on financing sustainable growth. The package includes 3 proposals and amendments to delegated acts under MiFID II and the Insurance Distribution Directive. For further information, click here. |
|
European Commission 24/05/2018 |
Proposed new rules to give SMEs better access to financing through public markets The Commission proposed to adopt more proportionate rules to support SME listing while safeguarding investor protection and market integrity. For further information, click here and here. |
|
European Commission 24/05/2018 |
Proposal for a Regulation of the European Parliament and the Council on sovereign bond-backed securities The Commission published a Proposal for a Regulation of the European Parliament and the Council on sovereign bond-backed securities. For further information, click here. |
|
ESMA3 |
ESMA updated Benchmarks Regulation Q&As The ESMA has updated its Questions and Answers on the Benchmarks Regulation (BMR). For further information, click here. |
|
ECB1 |
ECB published its 2018 Convergence Report |
|
ECB1 |
EU structural financial indicators: End of 2017 (preliminary results) The ECB has updated its comprehensive dataset of structural financial indicators for the banking sector in the EU with preliminary results for the end of 2017. For further information, click here. |
|
EBA2 |
EBA released updated data on Deposit Guarantee Schemes across the EU The EBA published 2017 data relating to two key concepts in the Deposit Guarantee Schemes Directive (DGSD): available financial means, and covered deposits. For further information, click here. |
|
EBA2 |
EBA updated list of O-SIIs in the EU The EBA updated the 2017 list of Other Systemically Important Institutions (O-SIIs) in the EU. For further information, click here. |
|
ECB1 |
EBA consults on standards on estimation and identification of an economic downturn in IRB modelling The EBA launched two consultations on draft RTS specifying an economic downturn and on a set of Guidelines related to the estimation of loss given default appropriate for conditions of an economic downturn. For further information, click here. |
|
OJ of the EU |
Implementing Regulation amending Implementing Regulation supplementing CRD IV published in OJ Implementing Regulation (EU) 2018/688 amending Implementing Regulation (EU) 2016/2070 as regards benchmarking portfolios, reporting templates and reporting instructions. For further information, click here. |
|
OJ of the EU 18/05/2018 |
Delegated Regulation supplementing the CRR published in OJ Delegated Regulation (EU) 2018/728 supplementing Regulation (EU) No 575/2013 with regard to regulatory technical standards for procedures for excluding transactions with non-financial counterparties established in a third country from the own funds requirement for credit valuation adjustment risk. Entry into force: 07/06/2018. For further information, click here. |
|
ECB |
Summary of responses to the ECB's second public consultation on developing a euro unsecured overnight interest rate The ECB has published a summary of responses to its second public consultation on developing a euro unsecured overnight interest rate. For further information, click here. |
|
OJ of the EU |
Two Corrigenda supplementing the CSDR published in OJ Corrigendum to Commission Delegated Regulation (EU) 2017/390 supplementing Regulation (EU) No 909/2014 with regard to regulatory technical standards on certain prudential requirements for central securities depositories and designated credit institutions offering banking-type ancillary services. For further information, click here. Corrigendum to Commission Delegated Regulation (EU) 2017/391 supplementing Regulation (EU) No 909/2014 with regard to regulatory technical standards further specifying the content of the reporting on internalised settlements. For further information, click here. |
|
European Commission |
Speech by Vice-President Dombrovskis on Banking Union and Capital Markets Union The Commission has published a speech given by Vice President Valdis Dombrovskis on Banking Union and CMU. For further information, click here. |
|
ECON |
Report on sustainable finance The European Parliament's Committee on Economic and Monetary Affairs published its report (dated 04/05/2018) on sustainable finance. For further information, click here. |
|
OJ of the EU |
Implementing Regulation on ITS under the MMF-Regulation published in OJ Commission Implementing Regulation (EU) 2018/708 laying down implementing technical standards with regard to the template to be used by managers of money market funds when reporting to competent authorities as stipulated by Article 37 of Regulation (EU) 2017/1131. Entry into force: 04/06/2018. For further information, click here. |
|
ESMA3 |
ESMA updated FAQs on MiFID II transitional transparency calculations The ESMA has updated its FAQs on transitional transparency calculations under MiFID II / MiFIR. For further information, click here. |
|
Council of the EU |
Council adopted MLD5 The Council adopted the proposed Fifth Money Laundering Directive. The directive sets out to close down criminal finance without hindering the normal functioning of payment systems. For further information, click here. |
|
BCBS/ IOSCO6 |
BCBS and IOSCO issued criteria for identifying simple, transparent and comparable short-term securitisations The BCBS and the IOSCO issued the Criteria for identifying simple, transparent and comparable short-term securitisations (the short-term STC criteria). For further information, click here. |
|
European Commission |
Commission adopted draft Delegated Regulation supplementing 4MLD Delegated Regulation supplementing Directive (EU) 2015/849 with regulatory technical standards on the criteria for the appointment of central contact points for electronic money issuers and payment service providers and with rules on their functions. For further information, click here. |
|
ESMA3 07/05/2018 |
ESMA starts one-stop company portal Investors seeking information on whether a financial service provider is authorised within in the EU will now be able to do so on the ESMA's new companies' portal. For further information, click here. |
|
European Commission |
Responses to the Commission's consultation on implementation of final Basel III standards The Commission published the responses received to its consultation on implementation of final Basel III standards. For further information, click here. |
|
ESAs2 |
ESAs consult on amendments to joint EMIR standards The ESAs launched two joint consultation to amend Regulatory Technical Standards on the clearing obligation and risk mitigation techniques for OTC derivatives not cleared. For further information, click here. |
|
EBA2 |
EBA published results of its 2016 CVA risk monitoring exercise The EBA published a Report on its 2016 CVA risk monitoring exercise, which assesses the impact on own funds requirements of the reintegration of the transactions currently exempted from the scope of the CVA risk charge. For further information, click here. |
|
ECB1 |
ECB published a letter regarding money laundering risks The ECB published a letter from Daniele Nouy, ECB Supervisory Board Chair, on money laundering risks. For further information, click here. |
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
