Events listed in information
Consolidated assessment ratings – The Bahamas‘ progress in ...
ID 21380
On 9 January 2023, the Financial Action Task Force (FATF) has published an update to its Consolidated assessment ratings together with a Follow-up Report on The Bahamas, addressing the significant progress made in relation to Non-profit organisations and New technologies. CONSOLIDATED ASSESSMENT RATINGS The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the ...
PRA statement on the recalculation of the Transitional Measure on Technical ...
ID 21379
The Bank of England’s Prudential Regulation Authority (PRA) has published a statement addressed at insurance and reinsurance undertakings as regards the recalculation of the transitional measure on technical provisions (TMTP) which permits firms to recalculate and adjust their technical provisions on Solvency I Pillar 2 liabilities following the implementation of Solvency II over a period of time so as to reduce the overall impact ...
Berichtigung der Verordnung (EU) 2022/1917 der Europäischen Zentralbank vom 29. ...
ID 21372
A corrigendum to the German version of Regulation (EU) 2022/1917 which sets out provisions for the monitoring of financial institutions’s compliance with reporting obligations by national competent authorities and local central banks and the procedures that shall be followed in case of violations was published in the Official Journal (OJ) of the EU. Corrections were thereby made throughout the regulation relating, among others, to ...
HKSAR Government’s Institutional Green Bonds Offering
ID 21370
In view of the government’s latest Institutional Green Bonds Offering the Hong Kong Monetary Authority (HKMA) has published a press statement. The offering encompassed a total of US$5.75 billion worth of green bonds denominated in three currencies, namely US Dollars (USD), Euro (EUR), and Renminbi (RMB) and was therefore the largest ever offering of green bonds in Asia. The bonds were priced on January ...
[ESMA70-155-3832] List of trading venues benefiting from a transitional exemption ...
ID 21369
The European Securities and Markets Authority, ESMA, has published an updated version of the list of trading venues for which a temporary exemption from the open access provisions under 36(5) of the Markets in Financial Instruments Regulation (MiFIR) exists. While MiFIR allows firms to freely choose where to trade and clear their products, which both central counterparties (CCPs) and trading venues need to ensure, ...
New consolidated version: Commission Delegated Regulation (EU) 2021/2178 of 6 July ...
ID 21368
A new consolidated version of Commission Delegated Regulation (EU) 2021/2178, the EU Taxonomy Disclosure Delegated Act, setting out the technical standards for the presentation of sustainable activities was published in the Official Journal (OJ) of the EU. The consolidated version includes the modifications made by Commission Delegated Regulation (EU) 2022/1214 which specified additional disclosure requirements for businesses related to their activities in the gas ...
New consolidated versions: Commission Delegated Regulation (EU) 2017/1018 of 29 ...
ID 21365
New consolidated versions of „Commission Delegated Regulation (EU) 2017/1018“ as regards the notification requirements of investment firms, market operators, and credit institutions that are passporting into other EU jurisdictions for the provision of investment services or ancillary services were published in the Official Journal (OJ) of the EU. The consolidated versions include the modifications made by Commission Delegated Regulation (EU) 2022/2402 which correc ...
PRA Regulatory Digest – December 2022
ID 21361
The Prudential Regulation Authority (PRA) has published the latest version (December 2022) of its monthly regulatory digest. The digest outlines the Authority’s ongoing regulatory activities ranging from the launch of consultations, to the issuance of policy statements, to the implementation of regulatory changes and provides links to corresponding (legal) documents. The regulatory digest presents a viable source of information to stay up-to-date on regulatory ...
[ESMA35-43-3327] Compliance table on Guidelines on certain aspects of the MiFID II ...
ID 21359
On 3 January 2023, the European Securities and Markets Authority (ESMA) has published a revised version of the compliance table for its Guidelines on certain aspects of the MiFID II appropriateness and execution-only requirements (ESMA35-43-3006). Comparing the current compliance table (ESMA35-43-3327) with the previous one reveals that Malta now complies with the ESMA guidelines. CURRENT VERSION PREVIOUS VERSION: The *Malta Financial Services ...
Inside FCA podcasts
ID 21358
The Financial Conduct Authority (FCA) has published the transcript of a podcast relating to the new consumer duty. Specifically, the transcript includes an interview with the FCA’s Head of Competition, Mr. Ed Smith, as regards the price and value outcome of the new duty. Therein, the Head describes „how the FCA expects firms to assess their products and services, to ensure there is a ...