International Regulatory Updates

What’s Inside This Issue: MFSA Board appoints new CEO ICOs and Virtual Currencies: MFSA consults on Financial Instrument Test MFSA consults on pension rules related to the acquisition and preservation of pension rights MFSA amends FAQ on AIFMD MiFID II / MiFIR Investor Protection ...

What’s Inside This Issue: MFSA Board appoints new CEO ICOs and Virtual Currencies: MFSA consults on Financial Instrument Test MFSA consults on pension rules related to the acquisition and preservation of pension rights MFSA amends FAQ on AIFMD MiFID II / MiFIR Investor Protection Q& ...

On the basis of estimates, the European Central Bank (ECB) has set the fees for its prudential supervision of the banking system for 2018 at €474.8 million. Along with a surplus of €27.7 million carried over from 2017, the fees will cover the expected total supervisory expenditure for 2018 of � ...

What’s Inside This Issue: S&P reaffirms Malta’s A rating Financial services sector registers further growth MFSA revises Banking Rule 16 Consultation - Insurance Distribution Directive Circular on Collective Investment Schemes ESMA - Contracts for Differences [CFDs] and B ...

Stress tests are one of the regular supervisory tools used to assess the resilience of the insurance sector to possible adverse developments. Click here to access the EIOPA Stress Test for 2018 ...

The European Central Bank (ECB) has today published its guide to assessments of licence applications and its guide to assessments of fintech credit institution licence applications. The publication follows the completion of a public consultation. Click here to access the full press release. ...

The European Central Bank (ECB) has today published the addendum to the ECB Guidance to banks on non-performing loans (NPLs). The addendum supplements the qualitative NPL guidance, published on 20 March 2017, and specifies the ECB’s supervisory expectations for prudent levels of provisions for new ...

The European Banking Authority (EBA) published today its advice on the Commission's proposal for statutory prudential backstops on banks' provisioning practices for new loans that turn non-performing. The EBA notes that the backstop complements the existing prudential set of measures and the new acc ...

EIOPA's Stakeholder Groups (SHGs) facilitate EIOPA's consultation with stakeholders in Europe on issues such as regulatory and implementing technical standards as well as guidelines and recommendations that apply to the insurance and occupational pensions industry. Click here to access the selec ...

The European Central Bank (ECB) today launches a public consultation on the draft principles underlying its expectations for banks’ internal capital adequacy assessment processes (ICAAPs) and internal liquidity adequacy assessment processes (ILAAPs). Click here to access the full press release. ...