International Regulatory Updates
NOVEMBER 23, 2017
A report on the Fourth IOSCO Hedge Funds Survey and;
an IOSCO Report on Good Practices for the Termination of Investment Funds. ...
NOVEMBER 20, 2017
The European Banking Authority (EBA) publishes today its final methodology for the 2018 EU-wide stress test, following a discussion with industry in summer 2017. The methodology covers all relevant risk areas and, for the first time, incorporates IFRS 9 accounting standards. The stress test exercise ...
NOVEMBER 13, 2017
Press Release – ICO Statements
Investors – ESMA50-157-829 ESMA alerts investors to the high risks of Initial Coin Offerings (ICOs)
Firms - ESMA50-157-828 ESMA alerts firms involved in Initial Coin Offerings (ICOs) to the need to meet relevant regulatory requirements ...
NOVEMBER 07, 2017
A first set of Advice focused on the following items: simplified calculations, look-through approach for investment related vehicles, reducing reliance on external credit ratings, treatment of guarantees and exposures to regional governments and local authorities, risk-mitigation techniques, underta ...
NOVEMBER 03, 2017
What’s Inside This Issue:
The contribution of the Financial Services Sector to the Maltese Economy
MFSA holds MiFID II / MiFIR Workshop
MFSA Consults on Investments in Virtual Currencies
MFSA reacts to Feedback on investment-based crowdfunding
MFSA hosts the 14th Network Meeting o ...
OCTOBER 12, 2017
The financial services sector plays a major role in the Maltese economy. This sector expanded by approximately 36% in terms of value added over the past six years.
This publication presents a review of the economic contribution of the financial services sector in Malta placing a special emphasis ...
OCTOBER 11, 2017
The Guidelines apply to “execution-only” sales of insurance-based investment products (IBIPs) such as telephone and online sales
The Guidelines ensure the appropriate use of “execution-only” sales by defining the types of products to be sold “execution-only”
The Guidelines seek to ...
OCTOBER 09, 2017
Higher interest rates would lead to higher net interest income in the next three years for most of the banks directly supervised by the European Central Bank (ECB), but to lower economic value of equity, according to the results of the 2017 ECB stress test. This supervisory exercise allows the super ...
OCTOBER 09, 2017
The European Securities and Markets Authority (ESMA) has published a Briefing on the Legal Entity Identifier (LEI) as part of its efforts to raise industry awareness and facilitate compliance with the LEI requirements under MiFID II ahead of its 3 January 2018 launch.
ESMA expects market ...
OCTOBER 04, 2017
The European Central Bank (ECB) today launched a public consultation on a draft addendum to the ECB guidance on non-performing loans. The addendum supplements the guidance which was published on 20 March 2017 and reinforces the guidance with regard to fostering timely provisioning and write-off prac ...
