Events listed in Asset Management
PROVVEDIMENTO 23 dicembre 2022 : Regolamento in materia di vigilanza sulle SIM. ...
ID 21454
The following two provisions of the Bank of Italy have been published in the Official Journal, Gazzetta ufficiale, with regard to the regulation of investment firms: 1. The Provision of 23 December 2022 amending the Bank of Italy Regulation of 5 December 2019 implementing Articles 4-undecies and 6(1)(b) and (c-bis) of the Italian Consolidated Law on Finance (TUF), which mainly concern the rules applicable ...
Exemption from Profits Tax (Debt Instrument Issued by Mainland Local People’s ...
ID 21453
The Hong Kong government has recently gazetted a new order, namely the Exemption from Profits Tax (Debt Instrument Issued by Mainland Local People’s Government at Any Level) Order, which will come into force on March 31, 2023. The order exempts capital gains and interest income derived from government bonds issued in Hong Kong by any (local) government of the People’s Republic of China from ...
Federal Reserve Board releases results of survey of senior financial officers at ...
ID 21452
Following a survey among senior financial officers at banks about their strategies and practices for managing reserve balances between November 4, 2022 and November 18, 2022, the Board of Governors of the Federal Reserve System (FED) has now published the results. The survey helps the regulator to gain an understanding of „deposit pricing and behavior, bank liability management, the provision of financial services, and ...
Joint ESAs public event on DORA – Technical discussion
ID 21451
The European Supervisory Authorities (EBA, EIOPA and ESMA) will jointly hold a public event on the upcoming Digital Operational Resilience Act (DORA). The ESAs are particularly interested in the submission of potential concerns and areas of attention related to the policy mandates and related matters within and beyond 12 months of the entry into force of the DORA, especially – as quoted: + RTS ...
The liquidity coverage ratio of EU banks declined in the first half of 2022 but is ...
ID 21450
The EU’s existing liquidity coverage requirements are monitored and evaluated in the EBA’s report on liquidity measures: In June 2022, the liquidity coverage ratio (LCR) dropped to 166%. Because of higher interest rates and increased volatility, there was a rise in outflows, which contributed to the reduction in asset prices in the first half of the year. Given the hazy economic outlook, high levels ...
Komunikat ws. decyzji podjętych przez Komisję Nadzoru Finansowego w dniu 13 ...
ID 21449
The Polish Financial Supervision Authority (KNF) has published a press release to inform of several decisions that the KNF made at its meeting on January 13, 2023. These include the following: (1) The decision to disapprove the application of Rafał Chraboł, running a business under the name BIZPARK Rafał Chraboł, for a listing in the „register of payment service providers and electronic money issuers“ ...
Key messages by BVI in the context of the ESAs’ call for evidence on better ...
ID 21448
Der BVI hat auf die Aufforderung der Europäischen Aufsichtsbehörden (EBA, EIOPA und ESMA – ESAs) zur Stellungnahme zum Thema Greenwashing reagiert und in diesem Zusammenhang seine Stellungnahme sowie ein Papier, das die Kernaussagen enthält, veröffentlicht. Folgende Punkte sind zu beachten: Der BVI glaubt nicht, dass Greenwashing unbeabsichtigt geschehen kann, und betrachtet die versehentliche Fehlinterpretation von gesetzlichen Anforderungen (SFDR-Regelungen und die Mi ...
EU-Standards für Nachhaltigkeitsberichterstattung
ID 21447
Der Gesamtverband der Versicherer (GDV) veröffentlicht ihre Stellungnahme zum ersten Entwurf der Europäischen Standards für die Nachhaltigkeitsberichterstattung (ESRS) von der European Financial Reporting Advisory Group (EFRAG). Der GDV begrüßt den von der EFRAG vorgelegten Entwurf der ESRS, weist jedoch auf verbleibende Herausforderungen bei der Umsetzung in der Versicherungsbranche hin. Primär muss im Hinblick auf die Wesentlichkeit geprüft werden, ob alle als obligatorisch ...
Payment Services Regulations Review and Call for Evidence
ID 21446
The HM Treasury has launched a review and call for evidence on the general functioning of the Payment Services Regulations 2017 and on ways to improve the current regulations particularly in view of government’s objectives to foster consumer trust while promoting competition, resilience, and customer protection. The Treasury thereby also considers – to some extent – the functioning of the Electronic Money Regulations 2011 ...
New consolidated version: Directive 2004/109/EC of the European Parliament and of ...
ID 21445
A new consolidated version of Directive 2004/109/EC, the so-called Transparency Directive, specifying disclosure requirements of listed issuers was published in the Official Journal (OJ) of the EU. This latest consolidated version includes the modifications made by Directive (EU) 2022/2464, the so-called Corporate Sustainability Reporting Directive (CSRD), (a) to set out provisions as regards issuers‘ obligation to obtain and publicly disclose an „assurance opinio ...