Events listed in Capital Markets
FMA & APAB: Enge Zusammenarbeit auch bei den neuen Themen ESG, CSRD und CSDDD ...
ID 26243
Die Abschlussprüferaufsichtsbehörde APAB und die FMA betonen in einer gemeinsamen Pressemitteilung die enge Zusammenarbeit bei neuen Themen wie ESG, CSRD und CSDDD für einen nachhaltigen Finanzmarkt. Auf einer Onlinekonferenz informierten sie mehr als 350 Aufsichtsräte von Unternehmen im öffentlichen Interesse über aktuelle Entwicklungen in Corporate Governance, Fit & Properness von Aufsichtsratsmitgliedern und die Zusammenarbeit zwischen Aufsicht, Abschlussprüfern und P ...
[ESMA81-168987738-671 ] Report on sanctions imposed under the Benchmarks Regulation ...
ID 26239
The report by ESMA on Administrative Sanctions and Measures and Criminal Sanctions under the Benchmarks Regulation in 2022 is the second annual report under the Benchmarks Regulation. In 2022, the report reveals that one administrative sanction and one administrative measure were imposed by two NCAs for infringements of the Benchmarks Regulation, with no criminal sanctions reported. The low number of sanctions in 2022 limits ...
Identifying controllers – example structure chart [pdf]
ID 26237
In an effort to ensure that FCA-regulated financial services firms are well-managed and operate with integrity, the Financial Conduct Authority (FCA) requires notification when there’s a change in control, such as a change in ownership, acquisition of a significant number of shares, or changes in key personnel that could affect the management or decision-making of a firm. This notification obligation helps the FCA assess ...
New consolidated version: Council Regulation (EU) concerning restrictive measures ...
ID 26236
A new consolidated version of Council Regulation (EU) 2017/2063 concerning „restrictive measures in view of the situation in Venezuela“ was published in the Official Journal (OJ) of the EU. The Regulation contains amendments to its Annex IV setting out a list of persons, entities, or bodies that are sanctioned due to their engagement in „serious human rights violations or abuses or the repression of ...
SEC Approves 2024 PCAOB Budget and Accounting Support Fee
ID 26235
The U.S. Securities and Exchange Commission has issued an order to approve the 2024 budget and the so-called accounting support fees of the Public Company Accounting Oversight Board (PCAOB) which is responsible for overseeing and regulating the auditing of public companies and their financial reports to protect investors and enhance the integrity of financial markets. The accounting support fees is relevant for issuers and ...
Counter Terrorism Designations
ID 26234
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added eight individuals to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594 and Executive Order 13224) for their engagement in or the financing of terrorist organization Hamas. The following persons are affected ...
The CSSF’s approach to the execution of the write-down and conversion of capital ...
ID 26233
The document titled „The CSSFs approach to the execution of the write-down and conversion of capital instruments and bail-inable liabilities in resolution“ outlines the approach of the CSSF as the Luxembourg resolution authority (RA) to the operational steps necessary to execute the write-down and conversion of relevant capital instruments or the use of the bail-in tool. It is published in compliance with the Guidelines ...
Basel Committee publishes assessment reports on the implementation of its global ...
ID 26232
The BCBS published assessment reports evaluating the implementation of its global standards in Mexico and Switzerland. The assessments are conducted as part of the Committee’s RCAP, a comprehensive initiative aimed at evaluating the adherence of member jurisdictions to Basel standards. These assessment reports provide valuable insights into the regulatory frameworks of Mexico and Switzerland concerning NSFR, LEX, and LCR standards. The publication of such ...
Investing in Domestic Capital Markets Made Easier for Foreign Investors
ID 26231
The Financial Services Commission has disclosed a series of measures aimed at improving foreign investors‘ access to domestic capital markets, effective from 14 December 2023. The reforms involve the elimination of the foreign investor registration requirement, enabling investors to open accounts using an LEI or passport number without prior registration. Existing foreign investor registration numbers will still be valid, minimizing disruption. Additionally, **amendment ...
Kann die Nachhaltigkeitsregulierung ihre Ziele erreichen?
ID 26230
In einem Artikel berichtet der GDV über eine Diskussion zwischen Regulierungsbehörden und regulierten Unternehmen, die in Brüssel im Rahmen eines politischen Dialogs mit dem Titel „Sustainable Finance – What’s next“ stattfand und bei der sich führende Persönlichkeiten über die Zukunft der Nachhaltigkeitsregulierung austauschten. Die Diskussion, moderiert von Jacki Davis, brachte Paulina Dejmek Hack von der DG FISMA der EU-Kommission und Christoph Jurec ...