International Regulatory Updates
JULY 21, 2015
I. Legal basis
According to Article 27(2) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps (the Regulation), the European Securities and Markets Authority (ESMA) shall within 24 hours of th ...
JULY 17, 2015
The Balance Sheet Review and Stress Test show that a number of Romanian insurance undertakings need to take swift action to strengthen their financial and solvency positions
Click here to access the full press release. ...
JULY 08, 2015
Cross-border transfers should not be subject to stricter requirements than domestic ones;
Scheme members should receive adequate information to be able to take informed decisions on whether to transfer;
Charges to be paid by scheme members, should reflect the actual work necessary to carry out ...
JULY 06, 2015
These Solvency II Implementing Technical Standards (ITS) and Guidelines are a solid basis for the Solvency II implementation;
The Solvency II Reporting Package represents a balanced and proportionate approach ensuring the supervisory needs for information while limiting the burden to industry;
...
JULY 04, 2015
EU legislation on deposits guarantees, explained simply: http://europa.eu/rapid/press-release_MEMO-14-296_en.htm?locale=en
For the full text of the Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on Deposit Guarantee Schemes http://eur-lex.europa.eu/legal-co ...
JUNE 30, 2015
Inside this issue:
Securitisation Cell Companies
Formation of Limited Partnership
Opalesque Malta Roundtable 2015
Malta International Risk Congress
Report on Skill Gaps in the Financial Services Industry
Consultation Process on the Conduct of Business
European Supervisory Auth ...
JUNE 30, 2015
The Malta Financial Services Authority believes in developing an innovative framework for financial services despite rapid regulatory changes, Prof Joe Bannister tells MaltaProfile.
Link to The Right Model - Interview with MFSA Chairman Prof. Joe V. Bannister
Link to Financial Services Review
...
JUNE 30, 2015
Responding to this paper
ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1. Comments are most helpful if they:
respond to the question stated;
indicate the specific question to which the comment relates;
contain a cle ...
JUNE 30, 2015
Link to Opinion. ...
JUNE 26, 2015
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed the following individuals to serve as chairs of its standing committees:
Lourdes Centeno, Vice Chair of the Comisión Nacional del Mercado de Valores (CNMV), Spain, will chair the Review Panel;
Han ...
