International Regulatory Updates
JULY 04, 2016
The Insurance Distribution Directive (IDD) is a significant milestone to promote consumer protection in Europe regarding the distribution of insurance products.
Insurance products should meet the needs of consumers.
Third party payments such as commissions should not have a detrimental impact ...
JULY 01, 2016
The European Banking Authority (EBA) published today additional information on how the results of the EU-wide stress test will inform the Supervisory Review and Evaluation Process (SREP). The focus of today's update is to explain how additional "capital guidance" can be used as a tool to address the ...
JUNE 30, 2016
What’s Inside:
Notified AIFs – Latest Developments
MFSA: The wider picture
Opalesque Malta Roundtable 2016 ...
JUNE 23, 2016
Malta as a funds and finance centre is on a healthy growth path. In 2015, 112 new funds were registered and two new custodians and 22
new investment managers were licensed. The insurance gross premium was up 33.6% year on year and pension assets were up 66% year
on year, with now 38 retirement sch ...
JUNE 22, 2016
The likelihood of prolonged low yield environment has further increased.
“Double-hit” scenario remains the key concern.
Low yields and a “double-hit” scenario are in focus of EIOPA’s Stress Test 2016 for the European insurance sector.
Vulnerabilities identified in the IORPs Stress ...
JUNE 22, 2016
The European Banking Authority (EBA) published today its fifth annual Consumer Trends Report, which provides an overview of the trends observed in 2016, the issues that will or could have an impact on consumers and other market participants and the areas where the EBA may take any action, if needed. ...
JUNE 21, 2016
Governance and risk appetite frameworks of euro area banks need to be strengthened, ECB report finds
The European Central Bank (ECB) today published a report summarising the findings of a thematic review in which the ECB evaluated the governance and risk appetite frameworks of the banks it directly supervises. The report identifies good practices and concludes that many euro area banks still need t ...
JUNE 16, 2016
The European Banking Authority (EBA) publishes today its 2015 Annual Report, which provides a detailed account of all the work the Authority achieved in the past year and anticipates the key areas of focus in the coming years.
Click here to access the full press release.
Click here to access t ...
JUNE 14, 2016
The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying how institutions should take into account and treat several factors when assigning risk weights to specialised lending exposures. The purpose of these RTS is to harmonise the assignme ...
JUNE 03, 2016
The European Banking Authority (EBA) published today its Decision on data for supervisory benchmarking. This Decision comes after the publication of the amended technical standards on benchmarking of internal approaches and requires Competent Authorities to submit data for the 2016 benchmarking exer ...
