International Regulatory Updates
FEBRUARY 28, 2014
Inside this issue:
Seminar on Effective Oversight of Capital Markets
ESRB Recommendation on Funding of Credit Institutions
Deadline looming for Company Service Providers’ Registration
Educational Clinic on EMIR
Industry Update – UCITS
MFSA Announcements ...
FEBRUARY 21, 2014
The European Securities and Markets Authority (ESMA) has published its Annual Report 2013 (Report) on credit rating agencies (CRAs) in the European Union (EU). The Report also outlines ESMA’s supervisory work plan for this year.
ESMA has found that CRAs continue to progress in how they comply w ...
FEBRUARY 14, 2014
Dear Commissioner Barnier,
I am writing to you to draw your attention to an issue that could have a significant detrimental effect on the consistent application of Regulation (EU) No 648/2014 on OTC derivatives, central counterparties and trade repositories (EMIR).
The matter is linked to the ...
FEBRUARY 11, 2014
The European Securities and Markets Authority (ESMA) has published a Consultation Paper setting out the draft Regulatory Technical Standards (RTS) required for the implementation of the CRA3 Regulation (Regulation).
The draft RTS, which complements the existing regulatory framework for credit rat ...
FEBRUARY 07, 2014
The European Central Bank (ECB) has today published a draft of the ECB Single Supervisory Mechanism (SSM) Framework Regulation for public consultation. The draft Framework Regulation lays the basis for the work of the SSM when it takes over as supervisor of euro area banks in November 2014. The cons ...
FEBRUARY 07, 2014
The European Securities and Markets Authority (ESMA) has published an Opinion on practices to be observed by investment firms when selling complex financial products to investors. ESMA is issuing this opinion to remind national supervisors and investment firms about the importance of requirements go ...
FEBRUARY 06, 2014
Final Report on Mechanistic references to credit ratings in the ESAs’ guidelines and recommendations. ...
FEBRUARY 05, 2014
The Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA - ESAs) launched today a consultation on draft Implementing Technical Standards (ITS) on the mapping of the credit assessments to risk weights of External Credit Assessment Institution (ECAIs). These ITS will be p ...
FEBRUARY 05, 2014
The Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA - ESAs) launched today a consultation on draft Implementing Technical Standards (ITS) on the mapping of the credit assessments to risk weights of External Credit Assessment Institution (ECAIs). These ITS will be p ...
FEBRUARY 03, 2014
The European Central Bank (ECB) has today announced the progress made in its on-going comprehensive assessment. It also confirmed that it will apply the parameters for the stress test released by the European Banking Authority (EBA) on 31 January. Together with the asset quality review (AQR), the st ...
