International Regulatory Updates
NOVEMBER 20, 2013
The Governing Council of the ECB has today nominated Ms Danièle Nouy for Chair of the Supervisory Board of the new Single Supervisory Mechanism an has informed the Chair of the ECON Committee of the European Parliament Ms Sharon Bowles in line with the InterInstitutional Agreement. Ms Nouy will a ...
NOVEMBER 18, 2013
The European Securities and Markets Authority (ESMA) has published a Review of the comparability and quality of disclosures in 2012 IFRS financial statements of listed financial institutions.
The Review makes recommendations aimed at enhancing the transparency of financial statements through the ...
NOVEMBER 15, 2013
Frankfurt, 14 November 2013 –The European Insurance and Occupational Pensions Authority (EIOPA) welcomes the trilogue agreement on the Omnibus II Directive. Omnibus II and the clarity over the Solvency II implementation timeline have been long awaited and will certainly contribute to the strengthe ...
NOVEMBER 14, 2013
Press Release – ESMA begins preparatory work for new Market Abuse Regime
Discussion Paper - ESMA’s policy orientations on possible implementing measures under the Market Abuse Regulation
Consultation Page ...
NOVEMBER 11, 2013
The European Securities and Markets Authority (ESMA) has published its European Common Enforcement Priorities (Priorities) for 2013. These Priorities are to be used by European Economic Area (EEA) national authorities in their assessment of listed companies’ 2013 financial statements.
ESMA has ...
NOVEMBER 08, 2013
The European Central Bank (ECB) today published its legal opinion on the Single Resolution Mechanism. This opinion was issued at the request of the Council of the European Union and the European Parliament.
Click here to access the full press release (English).
Click here to access the full pr ...
NOVEMBER 04, 2013
The European Central Bank (ECB) is today releasing the Banking Structures Report, which analyses the main structural developments in the euro area banking sector: the capacity, consolidation and concentration of banks and related changes over time. The report covers the period from 2008 to 2012 and ...
OCTOBER 23, 2013
The ECB is today announcing details of the comprehensive assessment to be conducted in preparation of assuming full responsibility for supervision as part of the single supervisory mechanism. The list of banks subject to the assessment is also being published. The assessment is an important step in ...
OCTOBER 21, 2013
The European Banking Authority (EBA) released today its final technical standards on supervisory reporting on Non-Performing Exposures and Forbearance, which will provide consistent indicators of asset quality of banks across the European Union. The EBA also issued recommendations on asset quality r ...
OCTOBER 10, 2013
The EU Commission and the ECB have also been informed. Following yesterday’s publication of an FT article about the possible treatment of the LTRO in future EU-wide stress tests, please find below a statement just released by the EBA’s Chairperson, Andrea Enria: “The EBA has not discussed the ...
