International Regulatory Updates


AUGUST 01, 2014
The European Securities and Markets Authority (ESMA) is issuing this statement to clarify to institutional investors risks from a newly emerging asset class referred to by most market participants as contingent convertibles instruments (CoCos). If they work as intended in a crisis CoCos will play an ...
AUGUST 01, 2014
The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA) published a reminder to banks and insurance companies across the EU on the consumer protection requirements that apply to certain financial instruments they issue. In addition, ESMA highlighted specific risks posed to ...
JULY 31, 2014
Inside this issue: MFSA Annual Report 2013 Consumer Complaints Unit Annual Report 2013 Job Exposure in Financial Services Economic and Market Overview Report Industry Updates MFSA Announcements ...
JULY 28, 2014
The European Securities and Markets Authority (ESMA) is seeking a new member to represent the users of financial services in its Securities and Markets Stakeholder Group (SMSG). This follows the resignation of one of the current members. The SMSG’s aim is to facilitate ESMA’s consultation on ...
JULY 17, 2014
The European Central Bank (ECB) has today presented the process for interacting with banks and communicating the results of its on-going comprehensive assessment of 128 banks. It has released “disclosure templates” that show the format in which the findings will be published in the second half o ...
JULY 15, 2014
The European Securities and Markets Authority (ESMA) has launched a consultation on the new Market Abuse Regulation (MAR) which entered into force on 2 July 2014. It is issuing two consultation papers seeking stakeholders’ views on the draft regulatory and implementing technical standards (RTS/ITS ...
JULY 11, 2014
  Links to Consultation Paper: Consultation Paper Clearing Obligation under EMIR (no. 1) Consultation Paper Clearing Obligation under EMIR (no. 2)   ...
JULY 07, 2014
The European Banking Authority (EBA) published today an Opinion addressed to the EU Council, European Commission and European Parliament setting out the requirements that would be needed to regulate ‘virtual currencies'. The Opinion is also addressed to national supervisory authorities and advises ...
JUNE 30, 2014
Inside this issue: Appointment of Directors at MFSA ESMA Chair holds meetings with MFSA officials during Malta visit New synergies, legislation and training initiatives for the insurance sector - PM Stronger Insurance Sector Through Regulation And Opportunities For Growth The Econom ...