Events listed in Asset Management
FinDatEx publishes EET V1.1.1
ID 21507
Following its notification and the release of „supplementary data fields“ for the EET V1.1. (please see eventid=18501), the Financial Data Exchange (FinDatEx) platform has published a revised version of the European ESG Template (EET V1.1.1) of the dedicated working group to integrate these data fields. This „originally unscheduled update“ includes supplementary data fields at the end of the template (lines 682 ss). Furthermore, a ...
Implementation of G20 Non-Bank Financial Intermediation Reforms: Progress report
ID 21506
On 18 January 2023, the Financial Stability Board (FSB) published the Implementation of G20 Non-Bank Financial Intermediation Reforms progress report, describing progress in implementing reforms that had been agreed by the G20 following the 2008 global financial crisis to strengthen the oversight and regulation of non-bank financial intermediation (NBFI). Reforms to NFBI (formerly referred to as shadow banking) is one of the FSB’s priority ...
Stand der DBA und anderer Abkommen am 1. Januar 2023
ID 21505
Das Bundesfinanzministerium (BMF) hat ein ein Schreiben zum Stand der Doppelbesteuerungsabkommen (DBA) und anderer Abkommen im Steuerbereich sowie der Abkommensverhandlungen am 1. Januar 2023 veröffentlicht. Neben dem Überblick über den aktuellen Stand der Doppelbesteuerungsabkommen (DBA) und anderer Abkommen im Steuerbereich sowie der Abkommensverhandlungen enthält das Schreiben eine Auflistung der folgenden geltenden und künftigen Abkommen der BRD: 1. Abkommen auf dem Gebie ...
Asset Management
report / study
MONEYVAL report on Lithuania: improvements in transparency of legal persons and in ...
ID 21504
MONEYVAL has published the 3rd enhanced follow up report (FUR) & Technical Compliance Re-Rating on Lithuania summarising the anti-money laundering counter financing of terrorism (AML/CFT) measures in place in Lithuania as adopted by the MONEYVAL Committee at its 64th Plenary Session (5-9 December 2022). The mutual evaluation report (MER) of Lithuania was adopted in December 2018 and its 1st and 2nd Enhanced Follow-up Reports ...
FinCEN Identifies Virtual Currency Exchange Bitzlato as a “Primary Money Laundering ...
ID 21503
The Financial Crimes Enforcement Network (FinCEN) has published a press statement to announce the first ever designation of a financial institution as a „primary money laundering concern in connection with Russian illicit finance“ under the National Defense Authorization Act. Specifically, FinCEN has issued an order to designate the virtual currency exchange Bitzlato Limited (Bitzlato) incorporated in Hong Kong as such „primary money laundering concern“ ...
Economic Crime and Corporate Transparency Bill 2022: Factsheets
ID 21502
In view of the current scrutiny of the Economic Crime and Corporate Transparency Bill 2022 in the UK Parliament which proposes major legislative changes to require additional transparency over firms conducting business in UK and to enhance the enforcement powers of government agencies with respect to economic crimes, including crimes relating to money laundering (ML) and the financing of terrorism (FT), the UK government ...
Nałożenie kar pieniężnych na Zakłady Mięsne Henryk Kania SA w upadłości
ID 21500
The Polish Financial Supervision Authority (KNF) has published a press release to inform that it has fined Zakłady Mięsne Henryk Kania SA for breaching Article 56 of the Act on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Act on Public Offerings). Specifically, the company was fined for various breaches of this article because of its failure ...
BaFin konsultiert Änderungen zur Sanierungsplanmindestanforderungsverordnung und ...
ID 21499
Die BaFin stellt den Entwurf der 1. Änderungsverordnung zur Sanierungsplanmindestanforderungsverordnung (MaSanV) und den Entwurf des geänderten Merkblatts zur Sanierungsplanung zur Konsultation. Die 1. Änderungsverordnung zur MaSanV bezweckt insbesondere die Umsetzung der Neufassung der Leitlinien der Europäischen Bankenaufsichtsbehörde (EBA) zu Sanierungsplanindikatoren (EBA/GL/2021/11 vom 9. November 2021). Zudem sollen Anforderungen an die Sanierungsplanung von weniger bed ...
FMA-Analyse zur Berücksichtigung von Nachhaltigkeitsrisiken auf dem ...
ID 21498
Die FMA sieht in ihrer Analyse der „Berücksichtigung von Nachhaltigkeitsrisiken auf dem österreichischen Finanzmarkt“ Potentiale, die Implementierung im operativen Risikomanagement zu verbessern. So befragte die FMA eine repräsentative Gruppe ihrer beaufsichtigten Banken, Versicherungen, Pensionskassen, Wertpapierfirmen, Asset Manager sowie Betrieblichen Vorsorgekassen. Umweltrisiken wurde mit (96% bis 100%) eine hohe Bedeutung zugemessen, sozialen Risiken und Ris ...
Regulatory Notice 23-02
ID 21497
The Financial Industry Regulatory Authority, FINRA, has published new Regulatory Notice 23-02 to announce final modifications to its Rule 2231 pertaining to customer account statements which includes requirements on the content, frequency, and form of account statements that must be sent to clients on a regular basis. Specifically, FINRA is amending this Rule to align it with a similar Rule applicable only to FINRA ...