Events listed in information
Report From FINRA Board of Governors Meeting – December 2023
ID 26307
The Financial Industry Regulatory Authority (FINRA) has published a news release to briefly inform of the results of its latest Board of Governors meeting. While most information appears to be rather non-relevant, there are two decisions of the Board we would like to make aware of simply to stay up-to-date. Specifically, the Board will submit to the Securities and Exchange Commission (SEC) for approval ...
Asset Purchase Facility: Gilt Sales – Market Notice 15 December 2023
ID 26303
The Bank of England (BoE) has published a new market notice to announce its plan to sell a total of £8.15 billion worth of gilts during the first quarter (Q1) of the year. Unlike in previous quarters, the sales will no longer be evenly divided across gilts within the short-term (3-7 years remaining maturity), medium-term (8-20 years remaining maturity, and long-term (beyond 20 years ...
Beoordeling prudentieel toezicht VK voor toepassing art. 130(f) en 134(2) Bgfo
ID 26300
At the end of 2021, DNB determined that the prudential banking supervision in the United Kingdom provides sufficient safeguards for the interests intended to be protected by the law, as outlined in the Financial Supervision Decree for Financial Enterprises (Bgfo). Specifically, DNB found that the prudential banking supervision in the UK ensures adequate protection for the interests outlined in Articles 130(f) and 134(2) of ...
Toezicht 2024
ID 26295
DNB annually outlines general points of attention for supervision across various sectors, including specific points for investment firms and institutions. In 2024, DNB will once again focus on the quality of submitted prudential reports including organizing knowledge sessions for report handlers. Furthermore it will focus on prudential risk management, especially in implementing EBA and ESMA SREP guidelines, particularly in the context of consolidated supervision. ...
Latest updates on the banking package
ID 26287
The European Commission has published information on the latest progress of the review of the regulatory framework on the capital requirements for credit institutions – the so called „banking package“. The proposed amendments to the Capital Requirements Regulation (CRR) and the Capital Requirements Directive IV (CRD IV) were endorsed by the Council and Parliament preparatory bodies. The new CRR rules are set to *take ...
Loan fee fraud partnership toolkit 2023 [zip]
ID 26286
The Financial Conduct Authority (FCA) has published a new „toolkit“ concerning its new campaign to inform of and raise customer awareness about so-called loan fee fraud. As with all toolkits published by the Authority, the material contained in this presentation may be used by „partner firms“ – that is firms supervised by the FCA and operating in this line of business – on their ...
VAT treatment of fund management: consultation
ID 26285
The HM Treasury and the HM Revenue & Customs have published a joint consultation conclusion as regards the tax treatment of investment funds for purposes of „replacing“ the retained Directive 2006/112/EC (UK VAT Tax Directive) as further described below. The conclusion follows a corresponding consultation launched in December 2022. ##### Background In the above noted consultation, the two government agencies sought views on the ...
Toezichtkalender verzekeraars 2024 gepubliceerd
ID 26284
Every December, DNB publishes a supervision calendar for insurers. This calendar outlines the supervision activities that DNB plans to carry out in the insurance sector in the upcoming year 2024. In addition to individual supervision plans for each insurer, DNB will focus on four sector-wide themes in 2024: Sustainability in Insurance Supervision, Mortgages & Real Estate Insurers, Artificial Intelligence (AI), and Cyber Resilience in ...
Toezichtkalender pensioensector 2024 gepubliceerd
ID 26283
Every year in December, DNB publishes a supervision calendar for pension funds and premium pension institutions. This calendar outlines the supervisory activities DNB plans to undertake in the sector for the upcoming year, in this case, 2024. The primary focus is on preparations for the transition to the Future of Pensions Act, involving partial assessments and evaluations of initial transfer decisions. Sustainability is also ...
Kalender der Handelstage 2024
ID 26278
Die BaFin veröffentlicht den Handelstagekalender 2024 für die Berechnung der Mitteilungs- und Veröffentlichungsfristen gemäß § 47 Wertpapierhandelsgesetz. „Für die Berechnung der Mitteilungs- und Veröffentlichungsfristen der §§ 33 ff. WpHG gelten als Handelstage alle Kalendertage, die nicht Sonnabende, Sonntage oder zumindest in einem (Bundes-)Land landeseinheitliche gesetzlich anerkannte Feiertage sind.“