Events listed in consultation
CFTC Approves Proposed Amendments to Regulations Regarding Real-Time Public ...
ID 26315
On December 15, 2023, the Commodity Futures Trading Commission (CFTC) published a press statement to inform that it has approved proposed rule amendments under Statutory Instruments 17 CFR Part 43 and 17 CFR Part 45 aimed at enhancing real-time public reporting and swap data recordkeeping and reporting. The proposed measures – designed to align with international data standards to ensure accurate, complete, and high-quality ...
ESMA consults on draft guidelines for supervision of corporate sustainability ...
ID 26311
ESMA launched a consultation on Draft Guidelines on Enforcement of Sustainability Information (GLESI), aiming to ensure consistent supervision by NCAs over listed companies‘ sustainability information in line with the CSRD, ESRS, and the TR. The primary goals of these guidelines are twofold. Firstly, ESMA seeks to ensure that NCAs supervise sustainability information of listed companies in a converged manner. This involves adhering to the ...
EBA publishes discussion paper on the centralisation of EEA banks Pillar 3 ...
ID 26279
EBA has released a discussion paper outlining the development of the Pillar 3 data hub, a central repository for prudential disclosures from institutions in the EEA. The hub aims to enhance transparency and comparability of banking data by providing a single access point for users. It will include visualisation and exploration tools for better analysis across institutions and disclosure periods. The EBA invites feedback ...
The EBA consults on draft technical standards on market and counterparty credit ...
ID 26276
EBA is consulting on two sets of draft RTS regarding market and counterparty credit risk as part of its roadmap for implementing the Banking Package in the EU. The amendments focus on the FRTB and the SA-CCR. These changes aim to align existing RTS with the CRR 3. The CRR 3 introduces alterations to the FRTB, and the EBA is mandated to amend the ...
ESMA offers recommendations on digitalisation of retail investment services
ID 26265
ESMA has recently released a discussion paper that addresses the digitalization of retail investment services and its implications for investor protection. The paper explores the changing landscape of retail investments, specifically examining the increased adoption of digital tools and social media by both firms and investors in the aftermath of the COVID-19 pandemic. ESMA aims to collect feedback from stakeholders until 14 March 2024, ...
Asset Management
consultation
IOSCO seeks feedback on Proposed Good Practices to improve trading venues’ ...
ID 26260
IOSCO has released a Consultation Report on Market Outages, emphasizing operational resilience, a global priority for securities regulators. Recent market disruptions underscore the diverse approaches of trading venues in coordinating recovery pathways for participants and the public. Market outages, stemming from technical or operational issues, can significantly disrupt trading venues, impacting price discovery and market integrity. Recognizing the potential severity, **IOS ...
The EBA consults on the amendments to the Pillar 3 disclosure and supervisory ...
ID 26256
EBA has initiated a public consultation on two sets of draft ITS amending Pillar 3 disclosures and supervisory reporting frameworks. These changes are part of the implementation of the Banking Package (CRR 3 and CRD 6) and are aligned with the Basel III reforms in the EU (please see EventID#24579). The amendments focus on areas such as **output floor, credit risk, immovable property losses, ...
Insurance
consultation
EIOPA consults on the prudential treatment of sustainability risks
ID 26244
EIOPA has initiated a consultation on the prudential treatment of sustainability risks, marking the second phase in its approach under the Solvency II Directive. This directive mandates EIOPA to assess whether a dedicated prudential treatment for assets or activities associated substantially with environmental or social objectives is justified. The consultation paper follows a risk- and evidence-based approach, assessing the potential for prudential treatment of ...
Insurance
consultation
EIOPA seeks feedback on its proposed approach to tackle greenwashing in the ...
ID 26202
EIOPA consults on its draft Opinion on sustainability claims and greenwashing, outlining four principles to guide providers in making accurate and substantiated sustainability claims. EIOPA is taking steps to combat greenwashing in the insurance and pensions sectors. With the increasing demand for sustainable investments, providers have expanded their offerings, leading to a rise in potential instances of misleading sustainability claims, known as greenwashing. 1. ...
DP23/5: Advice Guidance Boundary Review – proposals for closing the advice gap
ID 26169
The HM Treasury and the Financial Conduct Authority, FCA, have jointly launched a discussion paper (DP23/5) in relation to the Advice Guidance Boundary Review (AGBR) to bridge the advice gap and make financial advice more accessible to retail customers. The advice gap results either from – consumers NOT having the information they need at the time when they need it to make informed financial ...