The European Securities and Markets Authority (ESMA) has published its Annual Report, which reviews its achievements against its 2018 priorities and objectives in meeting its mission of enhancing investor protection and promoting stable and orderly financial markets in the European Union.
Today, the European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB) published Common Minimum Standards for Data Revisions agreed between the ECB, EIOPA, the National Central Banks (NCBs) and the National Competent Authorities (NCAs).
The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&As) regarding transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The updated Q&As provide clarification on the following topics: The mandatory systematic internaliser (SI) regime; The voluntary SI regime; Quoting obligation for SI in non-TOTV instruments.
The European Securities and Markets Authority (ESMA) is launching a common supervisory action (CSA) which participant national competent authorities (NCAs) will carry out simultaneously, in the second half of 2019.
Bruegel, the Centre for Economic Policy Research, and the European Center for Advanced Research in Economics and Statistics are co-hosting this event about the aftermath of the 2008 economic crisis. The legacy of the crisis is stronger and better capitalized banks, as well as regulators and supervisors with increased clout who pay more attention to systemic risk. However, the crisis has also left us with high leverage in advanced economies, especially in terms of sovereign dept over GDP. At the same time, interest rates are at very low levels. All of this, together with the digital disruption of the sector, poses formidable challenges for the banking industry.
The Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame) is a set of international standards published by the International Association of Insurance Supervisors (IAIS). ComFrame is effectively an insurance-specific response to regulatory and supervisory gaps identified from the Great Financial Crisis (GFC) of 2007-09.
The European Banking Authority (EBA) published yesterday amendments to the Implementing Technical Standards (ITS) on supervisory reporting. The updated corresponding Data Point Model (DPM) and XBRL taxonomy include amendments to COREP and Liquidity, as well as to resolution planning reporting.
The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&As) on the implementation of the European Markets Infrastructure Regulation (EMIR). The updated Q&As provide clarifications on the new framework introduced by Regulation 2019/834 amending EMIR (so-called EMIR Refit) and amends an existing Q&A on novation.
The European Securities and Markets Authority (ESMA) has today published three consultation papers under EMIR 2.2 on tiering, comparable compliance and fees. EMIR 2.2 amends EMIR’s regulatory and supervisory regime for central counterparties (CCPs).
The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&As) on the Securitisation Regulation (Regulation 2017/2402).