Events listed in Banks
Regulation (EU) 2023/2859 establishing a European single access point providing ...
ID 26427
Over two years after initiating original consultations in the context, the European Commission has now published a first regulation, namely Regulation (EU) 2023/2859, for the creation of a European Single Access Point (ESAP). This regulation is a first 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 ...
Further update to ancillary activities exemption for commodity derivatives ...
ID 26426
The Financial Conduct Authority, FCA, has published a follow-up statement to provide a further update on the market share test that is required by firms engaged in commodity derivatives trading to determine whether or not registration as a MiFID investment firm is needed, that is whether or not they can (continue to) rely on the ancillary activities exemption pursuant to [Article 2 of the ...
PROVVEDIMENTO 12 dicembre 2023 : Disposizioni in materia di obblighi informativi e ...
ID 26424
The Bank of Italy issued Provision of 12 December 2023, published in the Official Gazette on 20 December 2023. It regulates informational and statistical obligations of special purpose vehicles (SPVs) involved in securitisation transactions, in accordance with ECB Regulation (EU) 1075/2013 and replaces the previous Provision of the Bank of Italy of 7 June 2017. The provision establishes a list of securitisation special purpose ...
Berichtigung der Verordnung (EU) 2023/1214 über restriktive Maßnahmen angesichts ...
ID 26422
A corrigendum to the German version (and Italian, Latvian, and Portugese versions) of Council Regulation (EU) 2023/1214 with respect to sanction measures imposed on Russia, Russian entities, and individuals in view of the continued aggression towards Ukraine was published in the Official Journal (OJ) of the EU. The corrigendum to the German version modifies Annex VI of the 2023 Regulation which itself replaced Annex ...
CP23/33: The framework for a UK consolidated tape
ID 26420
The Financial Conduct Authority (FCA) has published a combined policy statement and consultation paper in relation to the introduction of a consolidated tape (CT) in the UK. As stated in the corresponding initial consultation paper (CP15/23) (EventID 22066), the aim of the CT is to improve availability and quality of market (trading) data while enhancing transparency and reducing overall market data costs, primarily by ...
WSA oddalił skargę Prosper Capital DM SA na decyzję KNF
ID 26419
Following KNF’s imposition of a fine on Prosper Capital Dom Maklerski SA in March 2023 (eventid=20339) in the amount of PLN 1.200.000 for: 1. failing to adequately assess the suitability of products for a target market, 2. failing to adequately assess the suitability of a product for clients (the questionnaire used did not sufficiently support such assessment), 3. distributing bonds to customers which were ...
Gesetz über die Digitalisierung des Finanzmarktes ...
ID 26418
Das BMF hat den Regierungsentwurf eines Gesetzes über die Digitalisierung des Finanzmarktes (Finanzmarktdigitalisierungsgesetz – FinmadiG) veröffentlicht. Dieses Gesetz zielt darauf ab, die europäischen Vorgaben des DORA-Rahmenwerks (Verordnung und Richtlinie) sowie der MiCA-Verordnung in nationales Recht zu überführen. Das DORA-Rahmenwerk setzt umfassende Anforderungen an den Umgang mit IKT im Finanzsektor fest, während die MiCA-Verordnung einen Rechtsrahmen für Märkte ...
EU banks’ liquidity coverage ratio declined but remains well above the minimum ...
ID 26417
EBA published its Report on liquidity measures, assessing liquidity coverage requirements in the EU. The report covers the period between June 2022 and June 2023, revealing a decline in the EU banks‘ LCR. While the LCR remained comfortably above the minimum requirement, it experienced a 3-percentage-point drop, ending at 163% as of June 2023. This decrease was attributed to fluctuations in the components of ...
Commission Delegated Regulation (EU) 2021/2139 establishing the technical screening ...
ID 26416
A new consolidated version of Commission Delegated Regulation (EU) 2021/2139, the so-called EU Taxonomy Climate Delegated Act, as regards the conditions to be met for economic activities to qualify „as contributing substantially to climate change mitigation or climate change adaptation“ and as activities to qualify as not causing „significant harm to any of the other environmental objectives“ was published in the Official Journal (OJ) ...
Zweite Verordnung zur Änderung der Steueroasen-Abwehrverordnung
ID 26414
Im Bundesgesetzblatt wurde die Zweite Verordnung zur Änderung der Steueroasen-Abwehrverordnung veröffentlicht. Diese Änderung betrifft § 2 der StAbwV, in welchem nicht kooperative Steuerhoheitsgebiete gemäß der EU-Liste aufgeführt sind. Die Aktualisierung bezieht sich auf die im Anhang I der Schlussfolgerungen des Rates zur überarbeiteten EU-Liste nicht kooperativer Länder und Gebiete für Steuerzwecke vom 17. Oktober 2023, genannten Gebiete. Diese Liste, veröffentlicht im ABl ...