Events listed in information
Corrigendum to Directive (EU) 2022/2555 on measures for a high common level of ...
ID 26505
A corrigendum to various language versions of the Network and Information Security (NIS) Directive 2 aimed at achieving a high common level of cyber security and further improving the resilience and incident response capacities of both public and private sector entities was published in the Official Journal (OJ) of the EU. The corrigendum corrects – in the English version – Article 19(1) relating to ...
Delegierte Verordnung (EU) 2023/2175 zur näheren Präzisierung der Anforderungen an ...
ID 26499
A new German consolidated version of Commission Delegated Regulation (EU) 2023/2175 as regards European standards for the risk retention requirement for securitizations was published in the Official Journal (OJ) of the EU. The new consolidated version includes the modifications of a prior corrigendum which made numerous corrections to the original German version of the Delegated Regulation relating to nearly all provisions outlined in the ...
TRANSITIENIEUWS – Gesprekken tussen DNB en pensioenfondsen bieden inzichten ...
ID 26483
DNB published a news article sharing information from a DNB seminar held for smaller pension funds, considering the outcome useful for other pension funds as well. More specifically, DNB conducted discussions to assess the governance risks during the transition to the new pension system. The focus was on identifying risks related to the roles and responsibilities of fund organs and key functions, as well ...
Consultation Paper on Proposed Changes to Complex Products Regime
ID 26476
On December 21, 2023, the Monetary Authority of Singapore, MAS, has launched a response paper to its public consultation on the complex product regime. Under the regime, all investment products are classified based on their characteristics in terms of risk as either „simple“ investment products, also called Excluded Investment Products (EIPs) or „complex“ investment products, also called Specified Investment Product (SIPs). Products classified as ...
[JC 2023 82 ] List of Financial Conglomerates 2023
ID 26470
The three European Supervisory Authorities (ESAs) have published a revised list of firms considered to be financial conglomerates with the head of the group situated in the EU or the EEA which are subsequently subject to the Financial Conglomerates Directive (FICOD). The list is based on the most recent annual financial statements provided by the groups and considers data up to October 30, 2023. ...
Działalność w modelu „family office”
ID 26462
Since 2019, KNF has observed a spike in the number of firms calling themselves „family offices“ offering broker services. Broker services are only allowed if a firm is officially registered with KNF’s register. Failing to do so is a violation of Article 178 of the Act on Trading in Financial Instruments and, since 9 September 2023, can result in a monetary fine up to ...
New consolidated version: Council Directive 2011/16/EU on administrative ...
ID 26461
A new consolidated version of Council Directive 2011/16/EU, the so-called Directive on administrative cooperation (DAC), was published in the Official Journal (OJ) of the EU. The Directive sets out standards for collaboration in the field of taxes within the EU member states. The consolidated version includes remaining amendments made by Council Directive (EU) 2021/514 which – among other things – stipulated provisions for the ...
DNB publiceert voor het eerst haar Cyberstrategie
ID 26460
On 21 december 2023, DNB published for the first time its cyber strategy. DNB discusses its efforts in enhancing cyber resilience in the financial sector in the face of external developments. The increasing digitization, geopolitical tensions, and outsourcing of digital processes pose complex and dynamic risks, particularly in terms of cyber threats. The document outlines key cyber risks in 2023, such as **ransomware, attacks ...
Berichtigung der Verordnung (EU) 2023/1214 über restriktive Maßnahmen angesichts ...
ID 26422
A corrigendum to the German version (and Italian, Latvian, and Portugese versions) of Council Regulation (EU) 2023/1214 with respect to sanction measures imposed on Russia, Russian entities, and individuals in view of the continued aggression towards Ukraine was published in the Official Journal (OJ) of the EU. The corrigendum to the German version modifies Annex VI of the 2023 Regulation which itself replaced Annex ...
Nowa sprawozdawczość funduszy TFI i funduszy inwestycyjnych
ID 26421
Starting 1 January 2024, there will be changes to reporting and disclosure obligations therefore KNF has posted a summary on this website. The following information is posted online: 1. Reporting rules after 1 January 2024. 2. Information on the reporting format changes. 3. Information about on the IT systems used. 4. Reporting map, to find information quickly. 5. Q&As and FAQ on reporting obligations