Events listed in Banks
FAQ Virtual Assets – Undertakings for collective investment (Updated on 18.12.2023)
ID 26361
Th CSSF published an update to its FAQ Virtual Assets – Undertakings for collective investment. The FAQ covers the regulatory framework for investment in virtual assets by UCITS and AIFs in Luxembourg. It outlines the restrictions on UCITS and the conditions under which AIFs may invest in virtual assets. The document also details the authorization requirements for investment fund managers, considerations for mitigating money ...
The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023
ID 26359
The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 were recently published on the official journal of the UK. They serve to amend the Payment and Electronic Money Institution Insolvency Regulations 2021 (SI 2021/716) to apply the 2021 Regulations to the insolvency of payment institutions and electronic money institutions formed under the law of Northern Ireland and to institutions that are limited liability ...
Adressausfallrisiken im Interbankbereich – ARIS 5.19
ID 26356
Die SNB veröffentlicht das aktuelle Erhebungsformular (Meldewesen) für folgendes Fachgebiet: + Erhebungsgegenstand: Erfassung der 10 beziehungsweise 20 größten Forderungs- und Verpflichtungspositionen gegenüber anderen Banken beziehungsweise Bankgruppen im Inland und im Ausland + Art: Teilerhebung + Auskunftspflicht: Alle Banken bzw. Bankengruppen ohne Filialen ausländischer Banken in der Schweiz + Erhebungsstufe: Konzern + Periodizität: Quartalsweise + Einreichefrist: 6 Woch ...
Corrigendum to Council Implementing Regulation (EU) 2023/1045 concerning ...
ID 26354
A corrigendum to Council Implementing Regulation (EU) 2023/1045 concerning sanction measures in view of activities that undermine the sovereignty of the Republic of Moldova or threaten democracy and stability in the Republic was published in the Official Journal (OJ) of the EU. The corrigendum modifies the Annex of the 2023 Council Implementing Regulation and thus the first Annex of Council Regulation (EU) 2023/888 by ...
The Bank of England’s supervision of financial market infrastructures – ...
ID 26352
The Bank of England (BoE) has published its annual report on the supervision of financial market infrastructures (FMIs). The report covers the period from December 15, 2022 through December 16, 2023 and primarily describes the Bank’s supervisory focus and corresponding activities in the following three key areas: (1) The enhancement of the financial resilience of FMIs, particularly central counterparties (CCPs); (2) The improvement of ...
Banks and insurance have key role to play in reducing climate-related financial ...
ID 26351
The ECB and the ESRB jointly released a comprehensive report addressing the implications of climate change on the EU financial system. The report introduces three frameworks to assess climate risks in relation to financial stability: risk surveillance, macroprudential policy, and broader risks associated with nature degradation. Indeed, the first framework focuses on financial stability risk surveillance, emphasizing advancements in measuring and modeling climate risk ...
Questions and Answers: twelfth package of restrictive measures against Russia
ID 26350
Following the European Council’s adoption of a twelth package of restrictive measures against Russia in response to the invasion of the Ukraine by Russia, the European Commission (EC) has published corresponding new questions and answers (Q&As) in that regard. The Commission thereby outlines the rationale for adopting the new measures and briefly summarizes the scope of the new measures which involve further financial restrictions ...
Berichtigung der Verordnung (EU) 2022/2474 angesichts der Handlungen Russlands, die ...
ID 26349
A corrigendum to the German version of Council Regulation (EU) 2022/2474 setting out additional sanction measures towards Russia following its invasion of Ukraine was published in the Official Journal (OJ) of the EU. The corrigendum corrects an error in Annex VIII which itself replaces Annex XXIII of Council Regulation (EU) No 833/2014 containing three lists of products that are prohibited to be sold, exported, ...
Council Implementing Regulation (EU) 2023/2875 concerning restrictive measures in ...
ID 26348
In view of the persisting aggression of Russia towards Ukraine, the European Council has placed further individuals and entities on the EU sanctions list. In new Council Implementing Regulation (EU) 2023/2875 which was now published in the Official Journal (OJ) of the EU, the Council placed another 61 persons and 86 entities on the sanctions list set out in Annex I of [Council Regulation ...
Council Regulation (EU) 2023/2873 concerning restrictive measures in respect of ...
ID 26347
New Council Regulation (EU) 2023/2873 as regards sanction measures with respect to persons and entities that threaten or undermine the safety, independence, and sovereignty of Ukraine was published in the Official Journal (OJ) of the EU. The regulation modifies Council Regulation (EU) No 269/2014 in that it – extends the grounds for sanctioning persons, entities, and bodies which are subsequently listed in Annex I ...