Events listed in Capital Markets
23-211MR ASIC extends transitional relief for foreign financial services providers
ID 24595
ASIC Corporations (Amendment) Instrument 2023/588 has extended the transitional relief for foreign financial services providers (FFSPs) by an additional 12 months. This extension allows FFSPs to provide financial services to Australian wholesale clients without the need for an AFS license, and it is effective until 31 March 2025. The existing transitional arrangements for ASIC’s sufficient equivalence relief and limited connection relief, originally set to ...
Reporting and Information Requirements for Derivatives Clearing Organizations
ID 24591
Following the announcement of finalized regulation including revisions to various rules under Statutory Instrument 17 CFR Part 39 concerning business operation requirements of DCOs and revisions to rule § 140.94 under Statutory Instrument 17 CFR Part 140 pertaining to various registration, filing, or publication requirements of derivatives clearing organizations (DCOs) (please see EventID #22513 in this context), the Commodity Futures Trading Commission (CFTF) has ...
Kolejne wydanie Metodyki oceny odpowiedniości członków organów podmiotów ...
ID 24588
KNF has issued a new version of the methodology for assessing the governing members‘ responsibilities of firms supervised by KNF. The new document has been enhanced by the following: 1. new market sector – TFI: the methodology now includes Module 3, which relates to the assessment of qualifications of governing members within a TFI. Module 3 stresses out topics for consideration: – the rule ...
FCA Listing Authority Advisory Panel (LAAP) and Markets Practitioner Panel (MPP) ...
ID 24586
The Listing Authority Advisory Panel (LAAP) and the Markets Practitioner Panel (MPP) of the Financial Conduct Authority (FCA) have published a joint response to the FCA’s consultation on the implementation of a new listing regime. To recall, in May 2023, the FCA launched a consultation on a proposed overhaul of the UK listing regime in an effort to remove current barriers to listing in ...
Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
ID 24582
Following the notification by the US Commodity Futures Trading Commission (CFTC) in July this year (please see EventID #22513), the Commission has now published in the Federal Register its proposed rule to amend Statutory Instrument 17 CFR Part 23 to change the margin requirements for uncleared swaps, specifically those pertaining to swap dealers (SDs) and major swap participants (MSPs) not under the oversight of ...
[Open – closing date: 08 September 2023] Licensing exemptions for foreign ...
ID 24579
The Australian Government is seeking input from stakeholders on proposed legislation regarding licensing exemptions for FFSPs. The exposure draft legislation outlines four key exemptions: 1. Comparable Regulator Exemption: This exemption allows FFSPs regulated by comparable foreign regulators to provide financial services to wholesale clients in Australia without the need to hold an Australian financial services license. 2. Professional Investor Exemption: FFSPs operating fro ...
Consolidated assessment ratings | Mutual Evaluations of Benin, Buthan, Burkina ...
ID 24577
The FATF has published its latest updates to its Consolidated assessment ratings together with the publications of Mutual Evaluation Reports of Benin, Buthan, Burkina Faso, Brunei, Côte d’Ivoire, Laos & Liberia on progress in strengthening measures to tackle money laundering and terrorist financing. The updated Consolidated assessment ratings provide an **up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the ...
Cross-Agency Steering Group announces priorities to further strengthen Hong Kong’s ...
ID 24576
On August 7, 2023, the Securities and Futures Commission of Hong Kong, SFC, published a press statement to inform that the Green and Sustainable Finance Cross-Agency Steering Group in Hong Kong presented its main objectives to further foster sustainable finance and promote the city’s position as a sustainable finance hub. These objectives include the following: (1) Developing strong regulations aligned with global standards: The ...
Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
ID 24571
Following the announcement of finalized regulation concerning the publication of information on cybersecurity incidents by public companies and on policies and procedures that firms have in place to manage related risks (please see EventID 22504 in this context for a detailed description of the final regulation), the Securities and Exchange Commission (SEC) has now published this final rule in the Federal Register. In brief, ...
Informationsblatt zur Übermittlung einer elektronischen Stimmrechtsmitteilung
ID 24562
Die BaFin veröffentlicht ein aktualisiertes Informationsblatt zur Nutzung des Fachverfahrens Stimmrechtsmitteilungen (§§ 33 ff WpHG). Das Fachverfahren ermöglicht die elektronische Übermittlung über die MVP von Stimmrechtsmitteilungen an die BaFin und dient der effizienteren Abwicklung der Stimmrechtsmitteilungen. Dafür gibt es ein Online-Formular mit verschiedenen Hilfsfunktionen sowie die Möglichkeit, eine selbst erstellte XML-Datei hochzuladen. Nach erfolgreicher Übermittl ...