International Regulatory Updates

The Joint Committee of the European Supervisory Authorities (ESAs) published its fifth Report on Risks and Vulnerabilities in the EU Financial System. Overall, the report found that in the past six months, risks affecting the EU financial system have not changed in substance, but have further intens ...

Inside this issue: New company registrations top 5000 mark Credit Rating agency assigns Malta A Rating Feedback Statement on amendments related to insurance legislation Corporate Governance of Authorised Trustees & other Fiduciaries Consultation Procedure – Conduct of Business R ...

Responding to this paper ESMA invites stakeholders to provide information on all matters in this paper and in particular on the specific questions summarised in Annex 1. Responses are most helpful if they: • respond to the question stated; • indicate the specific question to which the com ...

Responding to this paper ESMA invites stakeholders to provide information on all matters in this paper and in particular on the specific questions summarised in Annex 1. Responses are most helpful if they: • respond to the question stated; • contain a clear rationale; • give concre ...

The European Banking Authority (EBA) today published its annual assessment of EU colleges of Supervisors, responsible for the oversight of cross border banks. The report assesses how colleges have functioned during 2014 and identifies key activities for the effective oversight of EU cross border ban ...

EIOPA published today an Opinion on Internal Models. In this document, the Authority provides recommendations to National Competent Authorities (NCAs) for three key areas: ​ ​NCAs should require the risks related to Sovereign Exposures to be appropriately taken into account in internal mod ...

In preparation of the European Central Bank (ECB) assuming full responsibility for the supervision of significant banks as part of the Single Supervisory Mechanism (SSM) and in terms of Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank con ...

Dear Mr Hoogervorst, The European Securities and Markets Authority (ESMA) thanks you for the opportunity to contribute to the IASB’s due process regarding the Exposure Draft (ED) Disclosure Initiative: Proposed amendments to IAS 7 Statement of Cash Flows. We are pleased to provide you with the ...

Every year the ECB publishes an annual report on how it has carried out its supervisory tasks. The report is usually published in March of the following year. The Chair of the Supervisory Board of the ECB presents the report to the European Parliament at a public hearing. Click here to access ...

Inside this issue: Malta’s key Selling Points - Regulatory efficiency and accessibility IMF, Fitch - Positive Assessment MIMA Annual Conference Cell Company Framework ROC website - New features EBA consults on Draft EBA Guidelines MFSA Announcements ...