Registered shareholders and creditors deemed eligible will be invited to submit their written comments to the SRB from 6 November 2018. The Single Resolution Board (SRB) is currently finalising its preparations so that affected shareholders and creditors can exercise their right to be heard. This process allows those affected to submit their comments on the preliminary decision of the SRB not to grant compensation to affected shareholders and creditors. The SRB’s preliminary decision found that these affected parties would not have received better treatment if BPE had been wound up under normal insolvency proceedings.
The European Securities and Markets Authority (ESMA) announced details of two new data completeness indicators for trading venues detailing the delivery of double volume cap (DVC) and bond liquidity data. The two indicators – the Completeness Ratio and the Completeness Shortfall – will assist trading venues in delivering complete and accurate data on a timely basis, by providing performance information on the timeliness and completeness of their data provision. The indicators will be published for the first time on 8 October for DVC data and by 1 November for bond liquidity.
Update: The following Member States that have notified the Commission of the application of the PNR Directive in intra-EU flights are added: