Events listed in Capital Markets
BaFin erlässt Allgemeinverfügung zu Vergütungsanzeigen für Wertpapierinstitute
ID 24552
Die BaFin hat eine neue Allgemeinverfügung betreffend Vergütungsanzeigen von Wertpapierinstituten zum Meldestichtag 31. Dezember 2022 veröffentlicht. Dies ist eine Reaktion auf überarbeitete Richtlinien der EBA. Seit Mitte 2021 legt die IFD Anzeigepflichten von Wertpapierinstituten in Bezug auf Vergütungen fest. Diese Vorschriften werden im WpIG umgesetzt und betreffen u.a. die jährliche Meldung von Daten über Beschäftigte, die als Einkommensmillionäre gelten. Die EBA hat die ...
The EBA publishes its first Report on the implementation of the European Resolution ...
ID 24545
EBA issued a first report aimed at fostering convergence in resolution practices across the EU. This report assessed the progress made by RAs in incorporating key topics from the EBA’s 2022 EREP into their priorities and activities during the year 2022. The report’s primary focus centered on three key priorities: Monitoring MREL, developing MIS for valuation, and addressing liquidity needs in resolution. MREL monitoring ...
Ensuring continuity of critical clearing services: the Bank of England’s approach ...
ID 24529
**The Bank of England (BoE) has launched a new consultation on a proposed new Statement of Policy (SoP) – „Ensuring continuity of critical clearing services: the Bank of England’s approach to discretionary payments by central counterparties“ which would outline the Bank’s approach to give directions to recognized UK central counterparties (CCPs) that restrict or prohibit „discretionary payments“ (dividend payments, flexible remuneration, eq ...
Written reply to Parliamentary Question on impact of artificial intelligence on ...
ID 24527
In a recent parliamentary sitting, **the Prime Minister of Singapore was asked if he was aware if the Monetary Authority of Singapore (MAS) has evaluated the influence of artificial intelligence (AI) on financial market trading platforms. Specifically, a current member of the Parliament inquired whether MAS has examined the risks related to „herding“ in securities trading which involves the use of AI models or ...
Exploratory study into management of sustainability risks by management companies ...
ID 24520
The Dutch Authority for the Financial Markets (AFM) conducted an exploratory study on how management companies of Dutch collective investment companies handle sustainability risks. The study was prompted by changes to the Undertaking for Collective Investment in Transferable Securities (UCITS) Directive and the delegated Alternative Investment Fund Managers Directive (AIFMD), which apply from 1 August 2022. It took place in two phases and focused ...
FCA Innovation explainer video
ID 24519
The Financial Conduct Authority (FCA) has published a first video to provide information to UK financial market firms on the options they have as regards the testing of innovative products and services or as regards the evaluation of such products and services in terms of applicable regulatory requirements. Specifically, the video briefly describes the pro-innovation support the FCA offers to firms of all sizes, ...
Interim Report of the Working Group on Capital Market Regulations
ID 24515
The FSA has recently released „Cabinet Office Order to Amend the Cabinet Office Order on Financial Instruments Business, etc.“ (only available in Japanese) following a comprehensive public consultation process. This development was instigated by recommendations delineated in the „Interim Report of the Working Group on Capital Market Regulations“ (only available in Japanese) a document crafted by the Working Group on Capital Market Regulations within .. ...
Digital Sandbox explainer video
ID 24514
The Financial Conduct Authority, FCA, has published a first brief digital sandbox explainer video to aid firms in their decision to participate in a sandbox and in their way along. Specifically, the video describes – the scope of the sandbox; – who the sandbox is for; – what support firms can expect from the regulator in the participation of the sandbox. Additional information on ...
Regulatory Sandbox explainer video
ID 24513
The Financial Conduct Authority, FCA, has published a first brief regulatory sandbox explainer video to aid firms in their decision to participate in a sandbox and in their way along. Specifically, the video describes – the scope of the sandbox; – who the sandbox is for; – what support firms can expect from the regulator in the participation of the sandbox. Additional information on ...
Silicon Valley Bank: BaFin erkennt Maßnahmen von US-Behörden an
ID 24505
Mit der Veröffentlichung einer Allgemeinverfügung hat die BaFin offiziell die Maßnahmen anerkannt, die die FDIC, die US-Einlagensicherungsbehörde, infolge des Ausfalls der Silicon Valley Bank ergriffen hat. Im März 2023 transferierte die FDIC bestimmte Geschäftsbereiche der US-basierten Bank zu einem Brückeninstitut und veräußerte in der Folge Teile des Geschäfts an die First-Citizens Bank & Trust Company in den Vereinigten Staaten. Dabei blieb das Geschäft der ...