Events listed in Banks
Targeted consultation on the implementation of the Sustainable Finance Disclosures ...
ID 26438
The ABBL responded to the EC’s Targeted Consultation on SFDR Implementation. As a reminder, the EC launched a targeted consultation and a public consultation on 14 September 2023 to assess the implementation of the SFDR. The focus of the consultation was directed towards legal certainty, the usability of the regulation, and proposals for enhancing the existing framework. The Commission sought insights into the practical ...
CP23/31: Primary Markets Effectiveness Review: Feedback to CP23/10 and detailed ...
ID 26437
The Financial Conduct Authority, FCA, has issued a combined feedback statement and a new consultation on a proposed new listing regime in the UK and enhanced requirements of sponsors of issuing firms (new sponsoring regime). The paper comes in response to a consultation (CP23/10) that was launched in May 2023 (EventID 21064), in which the FCA presented some high level preliminary policy proposals on ...
The EBA publishes amendments to disclosures and reporting on MREL and TLAC
ID 26436
EBA has released draft ITS amending the ITS on disclosures and reporting on MREL and TLAC. These modifications, set to take effect from 30 June 2024, are in response to changes in the prudential framework, particularly the introduction of the ’daisy chain‘ framework. The ‚daisy chain‘ framework mandates entities not designated as resolution entities to deduct investments in eligible liabilities instruments issued by their ...
ABBL answer to ESMA – Call for evidence on shortening of the settlement cycle
ID 26435
In response to ESMA’s call for evidence on the potential shortening of the securities settlement cycle in European markets, the ABBL, together with its members, has submitted a comprehensive response. As a reminder, the initiative by ESMA is driven by the objective of evaluating the feasibility of reducing the settlement cycle from the current T+2 to T+1, and potentially even T+0. The consultation aims ...
ESAs propose extending the EMIR equity option exemption
ID 26434
The ESAs have proposed a two-year extension to the equity option exemption from bilateral margining under EMIR. The current temporary exemption, set to expire on 4 January 2024, could be extended until 4 January 2026, according to joint draft RTS published by the ESAs. These RTS provide guidance to market participants on handling equity options from the expiration of the current temporary exemption. This ...
Guideline (EU) 2022/912 of the European Central Bank on a new-generation ...
ID 26433
A new consolidated version of Guideline (EU) 2022/912 of the European Central Bank concerning the operation of the TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer) system was published in the Official Journal (OJ) of the EU. This latest consolidated version includes the modifications made by Guideline (EU) 2023/2415 of the ECB which made various changes to update definitions, introduce the term „network service ...
Rückkauferlaubnis: BaFin verlängert Allgemeinverfügung
ID 26432
Die BaFin hat die Geltungsdauer der am 27. Dezember 2021 erlassenen Allgemeinverfügung, welche eine Rückkauferlaubnis für bestimmte Institute erteilt, um ein weiteres Jahr bis zum 27. Dezember 2024 verlängert. Diese Verlängerung folgt auf eine vorherige Fristverlängerung bis zum 27. Dezember 2023 (eventid=18850). Die Rückkauferlaubnis betrifft Institute, die außerhalb des Zuständigkeitsbereichs des SRB gemäß Artikel 7 Absätze 2, 4b, und 5 der Verordnung zum Einheitlichen ...
Directive (EU) 2023/2864 of the European Parliament amending certain Directives as ...
ID 26431
The European Commission has published a final Directive, Directive (EU) 2023/2864, as regards the creation of a European Single Access Point (ESAP). This Directive concludes a series of legislative measures to create and manage such access point which will permit access to diverse company data, ESG-related data, and capital markets data of firms located inside the European Union (please see EventID 24439 and EventID ...
Regulation (EU) 2023/2869 amending certain Regulations as regards the establishment ...
ID 26430
The European Commission has published a another regulation, namely Regulation (EU) 2023/2869, for the creation of a European Single Access Point (ESAP). This regulation is a second one in a series of legislative measures to create and manage such access point which will permit access to diverse company data, ESG-related data, and capital markets data of firms located inside the European Union (please see ...
Publication of Updated Guidance on Implementation of the Price Cap Policy for Crude ...
ID 26429
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office announced that it has – added various entities and one vessel to its Specially Designated Nationals and Blocked Persons List (SDN List) due to their involvement in the circumvention of the Russian oil price cap; – issued two new general licenses in relation ...