| Source/Date | Brief description |
|---|---|
|
ESAs |
Final JC guidelines on cooperation and information exchange for AML CFT supervisory purposes The three European Supervisory Authorities (ESAs) published joint guidelines on cooperation and information exchange, establishing colleges of anti-money laundering and countering the financing of terrorism (AML/CFT) supervisors for the first time in the EU to ensure effective cooperation and information exchange between competent authorities. For further information, click here. |
|
BCBS |
Launch of the consolidated Basel Framework The Basel Committee on Banking Supervision has launched its consolidated Basel Framework. For further information, click here. |
|
ESMA |
ESMA consults on procedural rules to impose penalties on supervised entities The ESMA has opened a public consultation on future procedural rules regarding penalties for third-country central counterparties (TC-CCPs), trade repositories (TRs) and credit rating agencies (CRAs). For further information, click here. |
|
ESMA |
ESMA provided information on pending applications for benchmark administrators The ESMA has made available information on pending authorization/registration applications by EU-based administrators under the Benchmark Regulation (BMR). For further information, click here. |
|
ESMA |
ESMA published responses received to its consultation on the MAR review The ESMA has published the responses it received by stakeholders on its consultation on the review of the Market Abuse Regulation (MAR). For further information, click here. |
|
ESMA |
ESMA issued 2019 report on accepted market practices under MAR The ESMA has published its second annual report on the application of accepted market practices (AMPs) in accordance with the Market Abuse Regulation (MAR). For further information, click here. |
|
EBA |
EBA consults to amend standards on benchmarking of internal models The EBA launched a consultation to amend the Commission's Implementing Regulation on benchmarking of internal models to adjust the benchmarking portfolios and reporting requirements in view of the benchmarking exercise it will carry out in 2021. For further information, click here. |
|
IOSCO |
IOSCO launched framework for monitoring leverage in funds that may pose stability risks The IOSCO unveiled a two-step framework designed to facilitate monitoring of leverage in investment funds that could potentially pose risks to financial stability. For further information, click here. |
|
OJ of the EU |
Regulation (EU) 2019/2099 of the European Parliament and of the Council of 23 October, 2019, amending Regulation (EU) No 648/2012 as regards the procedures and authorities involved for the authorization of CCPs and requirements for the recognition of third-country CCPs – published in OJ Entry into force: 01/01/2020. For further information, click here. |
|
ESMA |
ESMA reported on NCAs' issuance of sanctions and administrative measures under MAR The ESMA has published the annual report concerning administrative and criminal sanctions as well as other administrative measures issued by National Competent Authorities (NCAs) under the Market Abuse Regulation (MAR). For further information, click here. |
|
ESMA |
ESMA calls for strengthened supervision on suspicious transaction reporting The ESMA has published a peer review report on how national competent authorities (NCAs) handle suspicious transactions and order reports (STOR) under the Market Abuse Regulation (MAR). For further information, click here. |
|
ESMA |
ESMA issued second pan-EU overview on the use of supervisory sanctions for UCITS The ESMA has issued its second annual report on sanctions (penalties and measures) imposed by national competent authorities (NCAs) under the Undertakings for Collective Investments in Transferable Securities (UCITS) Directive. This report covers the year 2018. For further information, click here. |
|
OJ of the EU |
Regulation (EU) 2019/2115 of the European Parliament and of the Council of 27 November, 2019, amending Directive 2014/65/EU and Regulations (EU) No 596/2014 and (EU) 2017/1129 as regards the promotion of the use of SME growth markets – published in OJ Entry into force: 31/12/2019. For further information, click here. |
|
ESMA |
ESMA updated its Q&As BMR The ESMA has issued an update of its Q&As on the European Benchmarks Regulation (BMR). For further information, click here. |
|
ESMA |
ESMA amended CRR standard on main indices and recognized exchanges The ESMA has issued the Final Report on draft amendments to Implementing Regulation (EU 2016/1646), specifying the main indices and recognized exchanges under the Capital Requirements Regulation (CRR) relevant to credit institutions and investment firms subject to prudential requirements and trading venues. For further information, click here. |
|
ESMA |
ESMA issued briefing on benchmark recognition The ESMA has issued a briefing on the recognition regime under the Benchmark Regulation (BMR). For further information, click here. |
|
OJ of the EU |
Commission Implementing Regulation (EU) 2019/2103 amending and correcting Implementing Regulation (EU) 2015/2450 laying down implementing technical standards with regard to the templates for the submission of information to the supervisory authorities in accordance with Directive 2009/138/EC – published in OJ Entry into force: 30/12/2019. For further information, click here. |
|
ESMA |
ESMA published report on the responses received to its consultation on the ELTIF regulation TThe ESMA publishes the final report on the draft RTS under Article 25 of the regulation on European long-term investment funds (ELTIF). For further information, click here. |
|
OJ of the EU |
Commission Implementing Regulation (EU) 2019/2091 amending Implementing Regulation (EU) 2015/2197 with regard to closely correlated currencies in accordance with Regulation (EU) No 575/2013– published in OJ For further information, click here. |
|
OJ of the EU |
Regulation (EU) 2019/2089 amending Regulation (EU) 2016/1011 as regards EU Climate Transition Benchmarks, EU Paris-aligned Benchmarks and sustainability-related disclosures for benchmarks– published in OJ Entry into force: 29/12/2019. For further information, click here. |
|
OJ of the EU |
Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector– published in OJ Entry into force: 29/12/2019. For further information, click here. |
|
ESMA |
ESMA published 2nd Annual Report on EMIR penalties and supervisory measures The ESMA has published its second annual report regarding supervisory measures carried out and penalties imposed by national competent authorities (NCAs) under EMIR. For further information, click here. |
|
EBA |
EBA updated its guidelines for the reporting of funding plans The EBA published updated guidelines on harmonized definitions and templates for the reporting of funding plans. For further information, click here. |
|
FSB |
FSB reports consider financial stability implications of BigTech in finance and third party dependencies in cloud services The FSB published two reports that consider the financial stability implications from the increasing offering of financial services by BigTech firms, and the adoption of cloud computing and data services across a range of functions at financial institutions. For further information, click here. |
|
ESMA |
ESMA updated Q&A on MiFIR data reporting The ESMA has updated its Questions and Answers on data reporting under MiFIR. For further information, click here. |
|
EBA |
Action plan on sustainable finance The EBA published its Action plan on sustainable finance, outlining its approach and timeline for delivering mandates related to environmental, social and governance (ESG) factors. For further information, click here. |
|
OJ of the EU |
Directive (EU) 2019/2034 on the prudential supervision of investment firms and amending Directives 2002/87/EC, 2009/65/EC, 2011/61/EU, 2013/36/EU, 2014/59/EU and 2014/65/EU – published in OJ Entry into force: 25/12/2019. For further information, click here. |
|
OJ of the EU |
Regulation (EU) 2019/2033 on the prudential requirements of investment firms and amending Regulations (EU) No 1093/2010, (EU) No 575/2013, (EU) No 600/2014 and (EU) No 806/2014– published in OJ Entry into force: 25/12/2019. For further information, click here. |
|
European Commission/ Council of the EU |
Joint statement by the Council and the Commission on "stablecoins" The Council and the Commission adopted a joint statement on "stablecoins". For further information, click here. |
|
Council of the EU |
Financial architecture for development: Council adopted conclusions on the way forward The Council adopted conclusions on the European financial architecture for development. For further information, click here. |
|
ESAs |
EMIR RTS on various amendments to the bilateral margin requirements and joint statement on the introduction of fall-backs in view of the international framework The ESAs published joint draft RTS to amend the Delegated Regulation on the risk mitigation techniques for non-cleared OTC derivatives (bilateral margining) as well as a joint statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. For further information, click here. |
|
ESMA |
ESMA updated its Q&As on MiFID II and MiFIR transparency and market structures topics The ESMA has updated its Questions and Answers regarding market structures and transparency issues under MiFID II and MiFIR. For further information, click here. |
|
ESMA |
ESMA published proposals on CRAs' internal control functions The ESMA has launched a consultation on proposed Guidelines on Internal Controls for CRAs, which sets out the systems and controls that credit rating agencies (CRAs) should have in place to meet the requirements of the CRA Regulation (CRAR) on internal controls. For further information, click here. |
|
ESMA |
ESMA published MiFID II/ MiFIR Review Report The ESMA has published a first review report on the development of prices for market data and on the consolidated tape for equity, following the application of MiFID II for nearly two years. For further information, click here. |
|
OJ of the EU |
Implementing Regulation (EU) 2019/2028 amending Implementing Regulation (EU) 2016/1799 as regards the mapping tables specifying the correspondence between the credit risk assessments of external credit assessment institutions and the credit quality steps set out in Regulation (EU) No 575/2013 – published in O Entry into force: 24/12/2019. For further information, click here. |
|
Council of the EU |
Clearing houses: Council adopted position on recovery and resolution EU ambassadors approved the Council's position on a proposed framework for clearing houses and their authorities to prepare for and deal with financial difficulties. For further information, click here. |
|
EBA |
EBA updated the estimates of the impact of the implementation of Basel III and provided an assessment of its effect on the EU economy The EBA published the second part of its advice on the implementation of Basel III in the EU, which complements the Report published on 5 August 2019. For further information, click here. |
|
ESMA |
ESMA published the Final Report on the draft RTS amending Delegated Regulation (EU) 2019/979 containing regulatory technical standards under the Prospectus Regulation For further information, click here. |
|
ESMA |
ESMA updated its Q&As relating to the Prospectus Regulation The ESMA has updated its Questions and Answers on the Prospectus Regulation with two new Q&As. For further information, click here. |
|
ESMA |
ESMA updated AIFMD Q&A The ESMA has updated its Questions and Answers on the application of the Alternative Investment Fund Managers Directive (AIFMD). For further information, click here. |
|
ESMA |
ESMA updated Q&As on MiFID II and MiFIR investor protection and intermediaries The ESMA has updated its Questions and Answers on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). For further information, click here. |
|
ESMA |
ESMA updated the CSDR Q&As The ESMA has updated its Q&As regarding the implementation of the Central Securities Depositories Regulation (CSDR). For further information, click here. |
|
ESMA |
ESMA updated its BMR Q&As The ESMA has issued an update of its Q&As on the European Benchmarks Regulation (BMR). For further information, click here. |
|
Council of the EU |
Financial supervision: Council adopted a review of the supervisory framework for financial institutions The Council adopted a first fundamental review of the functioning of the European system of financial supervision (ESFS). For further information, click here. |
|
European Commission |
European Commission adopted delegated regulations on RTS on securitization repositories Delegated Regulation supplementing Regulation (EU) 2017/2402 with regard to regulatory technical standards on securitization repository operational standards for data collection, aggregation, comparison, access and verification of completeness and consistency. For further information, click here and here. Delegated Regulation supplementing Regulation (EU) 2017/2402 with regard to regulatory technical standards specifying the details of the application for registration of a securitization repository and the details of the simplified application for an extension of registration of a trade repository. For further information, click here. |
|
FSB |
FSB published final SME financing evaluation report The FSB published its final report on the evaluation of the effects of financial regulatory reforms on small and medium-sized enterprise (SME) financing, following a public consultation earlier this year. For further information, click here. |
|
EBA |
EBA published guidelines on ICT and security risk management The EBA published its final Guidelines on ICT and security risk management. These Guidelines establish requirements for credit institutions, investment firms and payment service providers (PSPs) on the mitigation and management of their information and communication technology (ICT) and security risks and aim to ensure a consistent and robust approach across the Single Market. For further information, click here. |
|
ESMA |
ESMA Risk Dashboard The ESMA, the EU's securities regulator, published its latest risk dashboard for the European Union's securities markets, covering the third quarter of 2019. For further information, click here. |
|
BCBS |
Basel Committee published consultation paper on revisions to the credit valuation adjustment risk framework The Basel Committee on Banking Supervision has published a consultative document on revisions to the credit valuation adjustment (CVA) risk framework. For further information, click here. |
|
ESMA |
ESMA published responses to consultation on aligning MiFIR to the changes introduced by EMIR Refit The ESMA has published the responses it received to its consultation on aligning MiFIR requirements to the changes introduced by the revision of EMIR Refit. For further information, click here. |
|
BCBS |
Basel Committee issued guiding principles for the operating of a sectoral countercyclical capital buffer The Basel Committee on Banking Supervision published guiding principles for the operating of a sectoral countercyclical capital buffer (SCCyB). For further information, click here. |
|
Council of the EU |
Progress report on banking union The Council of the EU has published a progress report on the work on strengthening the banking union. For further information, click here. |
|
EBA |
EBA launches consultation on disclosure and reporting of MREL and TLAC The EBA launched a public consultation on the draft Implementing Technical Standard on disclosure and reporting of the minimum requirement for own funds and eligible liabilities (MREL) and the total loss absorbency requirement (TLAC). For further information, click here. |
|
ECB |
Third update on TRIM outcomes The ECB has published an update on the Targeted Review of Internal Models (TRIM). For further information, click here. |
|
BCBS |
Basel Committee published more details on global systemically important banks The Basel Committee on Banking Supervision published further information related to its 2019 assessment of global systemically important banks (G-SIBs), including additional details underlying the scoring methodology. For further information, click here. |
|
FSB |
FSB published 2019 G-SIB list The FSB published the 2019 list of global systemically important banks (G-SIBs) using end-2018 data and an assessment methodology designed by the BCBS. For further information, click here. |
|
EBA |
EBA consults on specific supervisory reporting requirements for market risk The EBA launched a public consultation on specific supervisory reporting requirements for market risk, which are the first elements of the Fundamental Review of the Trading Book (FRTB) introduced by the revised Capital Requirements Regulation (CRR2) in the prudential framework of the EU. For further information, click here. |
|
EBA |
EBA published its roadmap on the risk reduction measures package The EBA published a set of roadmaps outlining its approach and timelines for delivering the mandates stemming from the Risk Reduction Measures Package adopted by the Council of the EU and the European Parliament on 20 May 2019. For further information, click here. |
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