International Regulatory Updates
JULY 17, 2013
The European Securities and Markets Authority (ESMA) has launched a consultation on draft regulatory technical standards (RTS) aimed at implementing the provisions of the European Markets Infrastructure Regulation (EMIR) related to OTC derivative transactions by non-European Union (EU) counterpartie ...
JULY 16, 2013
The EBA published today a report featuring data on the remuneration of EU bank staff who received one million Euro or more in total in 2010 and 2011. The report focuses on the gathering of numerical data and provides a first analysis of remuneration structures across the EU. Overall, results show th ...
JULY 11, 2013
The European Securities and Markets Authority (ESMA) has published a Discussion Paper dealing with the implementation of the CRA3 Regulation, which entered into force on 20 June 2013.
The Regulation, which complements the existing regulatory framework for credit rating agencies (CRAs), requires E ...
JULY 04, 2013
The Quantitative Impact Study by EIOPA is the first of its kind in assessing the financial situation of EU pension funds in a comparable way.
The holistic balance sheet approach can contribute to the sustainability of pension funds and the protection of current as well as future generations.
T ...
JULY 03, 2013
The European Securities and Markets Authority (ESMA) has published a research report on Retailisation in the EU, which examines the growth in the sale of complex financial products to retail financial consumers in the European Union (EU).
ESMA’s research focused on two specific types of complex ...
JULY 01, 2013
The European Securities and Markets Authority (ESMA) has formally approved the registration of Spread Research SAS, based in France, as a credit rating agency (CRA) under Article 16 of the CRA Regulation. The registration takes effect from 1 July 2013.
Spread Research registration as a CRA means ...
JULY 01, 2013
The European Securities and Markets Authority (ESMA) has published a peer review of the supervisory practices EEA national competent authorities (NCAs) apply in enforcing the requirements of the Market Abuse Directive (MAD). The Directive deals with the prevention of the dissemination of misleading ...
JUNE 28, 2013
Inside this issue:
MFSA launches AIFMD applications process
Industry Updates
Financial and Insurance activities contribution to Gross Value Added
The 2013 Malta International Financial Crime Forum
Compensation Schemes - Publication of reports and financial statements for 2012
EIO ...
JUNE 28, 2013
Frankfurt, 28 June 2013 – The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) elected today four members of EIOPA Management Board:
Peter Braumüller, Managing Director of the Financial Market Authority (Austria) – re-elected;
Jan Parner, Deputy D ...
JUNE 28, 2013
EIOPA acknowledges that significant consumer protection problems, including mis selling issues and market imperfections have occurred in Payment Protection Insurance (PPI) markets.
Having reviewed and analysed recent developments, EIOPA recommends national competent authorities to analyse the sit ...
