International Regulatory Updates


JUNE 25, 2015
Malta’s reputation as a hedge fund domicile was established with the island’s accession to the European Union in May 2004. Malta regularly receives high rankings in benchmarking reports and the World Economic Forum ranks Malta above average for almost every metric in financial market developme ...
JUNE 17, 2015
The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU ...
JUNE 17, 2015
The European Banking Authority (EBA) published today its updated Implementing Technical Standards (ITS) on disclosure and supervisory reporting of leverage ratio for EU institutions. The ITS include changes to templates and instructions to update the leverage ratio disclosure and reporting framework ...
JUNE 17, 2015
The European Banking Authority (EBA) published today its 2014 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 EBA 2014 Annual Report. ...
JUNE 15, 2015
The European Securities and Markets Authority (ESMA) has published today its strategy for 2016-2020. As ESMA is moving from its formative years to the next phase, a strategic review was conducted to clarify the priorities and activities of ESMA with its changing environment. This review also took in ...
JUNE 01, 2015
Quantitative easing (QE) may create favourable conditions for insurers and pension funds in the long run by stimulating economic growth; In the short-term, however, QE puts an additional pressure on insurance and pensions business by further lowering the risk-free rate; Profitability of insura ...
JUNE 01, 2015
Inside this issue: MFSA Annual Report 2014 MFSA approves Italo SICAV as Loan Fund Consultation Procedure : Conduct of Business Rulebook – Extension of Deadline Industry Updates European Supervisory Authorities Press Releases MFSA Licences - April 2015 MFSA Announcements F ...
MAY 29, 2015
The European Banking Authority (EBA) published today its final Guidelines on contributions to deposit guarantee schemes and on payment commitments. Both Guidelines will help ensure consistent application of the new funding mechanisms provided for in the new Deposit Guarantee Schemes Directive (DGSD) ...
MAY 22, 2015
The European Securities and Markets Authority (ESMA) has published an Opinion to the European Union (EU) institutions on the impact of EMIR on UCITS. In the opinion, ESMA calls for a modification of the UCITS Directive to take into account the clearing obligations for certain types of over-the-count ...
MAY 21, 2015
The EBA announced today that it is getting ready to develop requirements that will harmonise regulatory and supervisory practices to ensure secure, easy and efficient payment services across the EU. The EBA will do so by fulfilling mandates under the upcoming revised Payments Services Directive (PSD ...