International Regulatory Updates


JUNE 03, 2011
[1.0 Introduction] The Listing Authority has noted that a number of directors of companies licensed in terms of the Investment Services Act are also acting as directors of listed entities. Although the Listing Authority appreciates the fact that these persons may bring to the board of listed comp ...
JUNE 01, 2011
Inside this issue: Malta forum examines new developments in financial crime and its prevention Publication of the Consumer Complaints Unit Annual Report for 2010 Consultation - UCITS IV UCITS IV and Maltese Law Issue by FIAU of New Implementing Procedures MFSA Notices Licences ...
MAY 24, 2011
I- Background In June 2010 CESR published guidance on the registration process and related issues (CESR/Ref. 10- 347), as required by Article 21 (2) of Regulation (EC) No 1060/2009. CESR‟s Guidance (the “CESR Guidance”) also dealt with the endorsement regime allowing the distribution and ...
MAY 24, 2011
ESMA issues today its Guidelines on endorsement (ESMA/2011/139) in a Final Report, including a Feedback Statement. The Guidelines address how ESMA will implement the “as stringent as” test for credit ratings produced outside the European Union, in what are named “third countries”. These c ...
MARCH 18, 2011
Read full  EBA EU-Wide Stress Test. ...
MARCH 18, 2011
Introduction The European Banking Authority (EBA) was established on 1 January 2011 with a broad remit that includes safeguarding the stability of the EU financial system. The EBA is required, in cooperation with the European Systemic Risk Board (ESRB), to initiate and coordinate Union-wide str ...
MARCH 18, 2011
The European Banking Authority (EBA) today published documents explaining the scenarios and methodology for its 2011 EU-wide stress test, which will be applied on a wide sample of European banks covering over 60% of total EU banking assets. The EU-wide stress test is a supervisory tool designed t ...
MARCH 18, 2011
This annex introduces the reference risk parameters for the market risk component of the stress-testing exercise. The stress test of the trading book requires banks to project the gains and losses on the trading book positions resulting from a broad-based financial market downturn that affects a bro ...