International Regulatory Updates
OCTOBER 22, 2015
The European Banking Authority (EBA) published today an updated list of capital instruments that Competent Supervisory Authorities (CAs) across the European Union (EU) have classified as Common Equity Tier 1 (CET1). Since the publication of the first update of the list in December 2014, some new CET ...
OCTOBER 13, 2015
The European Banking Authority (EBA) published today a Consultation Paper on its proposed benchmark rate under the Mortgage Credit Directive (MCD), which requires creditors to create two illustrative examples in the European Standardised Information Sheet (ESIS) for variable rate mortgages on the ba ...
OCTOBER 12, 2015
ECB Banking Supervision is undertaking a comprehensive assessment of nine banks in 2015, as decided upon by the ECB earlier this year. Eight of the nine banks were not subject to the 2014 exercise.
Click here to access the full press release.
...
OCTOBER 07, 2015
In 2015 ESMA undertook a strategic planning exercise that resulted in “ESMA’s Strategic Orientation 2016-2020”. The strategy describes how ESMA’s focus from 2011 to 2015 was on building a single rulebook and establishing itself as a credible direct supervisor. Over the next few years our foc ...
OCTOBER 07, 2015
Joe Bannister, chairman of the Malta Financial Services Authority, talks to Captive Review about challenges facing...
Read More ...
OCTOBER 02, 2015
Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC Derivatives, CCPs and Trade Repositories (EMIR) requires ESMA to develop draft regulatory technical standards (RTS) in relation to the clearing obligation.
In this context ESMA consulted stakeholders w ...
OCTOBER 01, 2015
Inside this issue:
MFSA Consumer Complaints Report
Hedgeweek Report on Fund industry
Financial Markets DevelopmentsConsultation on insurance legislation
Malta - top 20 financial jurisdictions
European Supervisory Authorities Press Releases - September 2015
MFSA Circulars & Co ...
SEPTEMBER 28, 2015
The European Securities and Markets Authority (ESMA) today published its final technical standards (TS) on some of the most important pieces of post-crisis financial regulation: the Markets in Financial Instruments Directive (MiFID II), the Market Abuse Regulation (MAR) and the Central Securities De ...
SEPTEMBER 25, 2015
EIOPA puts forward a common supervisory approach towards the assessment of the solvency position of insurance groups operating in “equivalent” countries;
The Opinion identifies a number of supervisory practices related to the assessment of availability of eligible own funds at group level;
...
SEPTEMBER 23, 2015
The European Banking Authority (EBA) launched today a consultation on its draft Guidelines specifying the application of the definition of default. The work is in line with an EBA Discussion Paper on the topic published earlier in the year which described the EBA's upcoming work on improving consist ...
