Events listed in information
ESMA and NCAs to look at marketing of financial products
ID 21469
The European Securities and Markets Authority (ESMA) will launch „a common supervisory action (CSA) with national competent authorities (NCAs) on the application of MiFID II disclosure rules with regard to marketing communications across the European Union (EU) over the course of 2023“. ESMA has started this review to assess how investment firms and credit institutions have implemented MiFID II’s marketing communication requirements, which play ...
Corrigendum to Council Directive (EU) 2022/2523 of 15 December 2022 on ensuring a ...
ID 21465
A Corrigendum to Council Directive (EU) 2022/2523, the new minimum tax Directive for large multinational firms, was published in the Official Journal (OJ) of the EU. The Corrigendum simply modifies the adoption date noted on the cover page and pages 1 (title) and 58 (signature) of the Directive which incorrectly stated „December 14, 2022“. In either case, the adoption date must read „December 15, ...
Fitch reconduit le „AAA“ du Luxembourg
ID 21459
On 13 January 2023, the Luxembourg Ministry of Finance published a press release, informing about the confirmation by the rating agency Fitch of the „AAA“ credit rating for the Grand Duchy of Luxembourg, with a stable outlook. This better rating reflects the Grand Duchy’s good governance indicators, the good performance of public finances and the country’s economic resilience despite the current uncertain context. Following the ...
Joint ESAs public event on DORA – Technical discussion
ID 21451
The European Supervisory Authorities (EBA, EIOPA and ESMA) will jointly hold a public event on the upcoming Digital Operational Resilience Act (DORA). The ESAs are particularly interested in the submission of potential concerns and areas of attention related to the policy mandates and related matters within and beyond 12 months of the entry into force of the DORA, especially – as quoted: + RTS ...
Komunikat ws. decyzji podjętych przez Komisję Nadzoru Finansowego w dniu 13 ...
ID 21449
The Polish Financial Supervision Authority (KNF) has published a press release to inform of several decisions that the KNF made at its meeting on January 13, 2023. These include the following: (1) The decision to disapprove the application of Rafał Chraboł, running a business under the name BIZPARK Rafał Chraboł, for a listing in the „register of payment service providers and electronic money issuers“ ...
New consolidated version: Directive 2004/109/EC of the European Parliament and of ...
ID 21445
A new consolidated version of Directive 2004/109/EC, the so-called Transparency Directive, specifying disclosure requirements of listed issuers was published in the Official Journal (OJ) of the EU. This latest consolidated version includes the modifications made by Directive (EU) 2022/2464, the so-called Corporate Sustainability Reporting Directive (CSRD), (a) to set out provisions as regards issuers‘ obligation to obtain and publicly disclose an „assurance opinio ...
Stewardship Code : 322 institutional investors have signed up to the Principles for ...
ID 21443
On 12 January 2023, the Financial Services Agency (FSA) published an update of its list of institutional investors who have notified the FSA of their intention to accept Japan’s Stewardship Code to promote sustainable growth of companies through investment and dialogue, counting 202 investment managers as of 31 December 2022. These Principles for Responsible Institutional Investors were published as [**Finalization of the Japan’s Stewardship ...
Corrigendum to Commission Implementing Regulation (EU) 2022/2581 of 20 June 2022 ...
ID 21441
The EU Commission has published a Corrigendum to Commission Implementing Regulation (EU) 2022/2581 in the Official Journal (OJ) of the EU. To recall, the Implementing Regulation defines the templates to be used for submitting information referred to in Articles 1 through 9 in Commission Delegated Regulation (EU) 2022/2580 in connection with an application for authorization as a credit institution in the EU. It also ...
Oświadczenie BFG i KNF w związku z wysłuchaniem w Sejmie RP dot. Getin Noble Bank ...
ID 21438
The Polish Financial Supervision Authority, KNF, has issued a statement in connection with the forced restructuring of Getin Noble Bank S.A.. Therein, KNF primarily states that it is NOT responsible for the losses incurred by investors of „Getin Noble Bank S.A.“. Specifically, KNF notes that during the past six years, between 2016 and 2022 shortly before the forced restructuring notice, the bank incurred losses ...
Corrigendum to Commission Delegated Regulation (EU) 2022/2580 of 17 June 2022 ...
ID 21437
The EU Commission has published a Corrigendum to Commission Delegated Regulation (EU) 2022/2580 in the Official Journal (OJ) of the EU. To recall, the Delegated Regulation defines the information that shall be submitted by financial institutions when applying for authorization as a credit institution in an EU member state, including information on the financial soundness of the institution, information of its operational structure or ...