Events listed in Capital Markets
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 ...
FCA 2023/43: Technical Standards (Authorisation, Organisational Requirements and ...
ID 26423
The FCA has issued a new Instrument (FCA 2023/43) as regards the revocation of two technical standards in relation to data reporting services providers (DRSPs) that were retained by the UK following its exit from the EU. This move comes in an effort to repeal all retained EU legislation (REUL) in accordance with the Retained EU Law (Revocation and Reform) Act 2023 and to ...
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) ...
Asset Management
report / study
FR15/23 Anti-dilution Liquidity Management Tools – Guidance for Effective ...
ID 26415
IOSCO published its Final Report on Anti-dilution Liquidity Management Tools: Guidance for Effective Implementation of the Recommendations for Liquidity Risk Management for Collective Investment Schemes. The report addresses liquidity risk and its management in OEFs during the Covid-19 induced market turmoil. It emphasizes the **importance of effective liquidity risk management and the use of LMTs to mitigate investor dilution and potential first-mover advantage arising ...
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 ...