Events listed in procedure
Aktualisierte Sanktionsmeldung
ID 26444
Das WBF hat eine Änderung des Anhangs 1 der Verordnung vom 17. Oktober 2018 über Maßnahmen gegenüber Myanmar (SR 946.231.157.5) veröffentlicht, und die Liste der in diesem Kontext sanktionierten Personen, Unternehmen und Organisationen geändert. Das WBF hat daher die für die Schweiz maßgebliche Sanktionsdatenbank SESAM (SECO Sanctions Management) angepasst, und die Anpassung auf seiner Internetseite publiziert. Die Einträge folgender Individuen wurden neu aufgenommen: – ...
Guideline (EU) 2022/912 of the European Central Bank on a new-generation ...
ID 26433
A new consolidated version of Guideline (EU) 2022/912 of the European Central Bank concerning the operation of the TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer) system was published in the Official Journal (OJ) of the EU. This latest consolidated version includes the modifications made by Guideline (EU) 2023/2415 of the ECB which made various changes to update definitions, introduce the term „network service ...
Publication of Updated Guidance on Implementation of the Price Cap Policy for Crude ...
ID 26429
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office announced that it has – added various entities and one vessel to its Specially Designated Nationals and Blocked Persons List (SDN List) due to their involvement in the circumvention of the Russian oil price cap; – issued two new general licenses in relation ...
Further update to ancillary activities exemption for commodity derivatives ...
ID 26426
The Financial Conduct Authority, FCA, has published a follow-up statement to provide a further update on the market share test that is required by firms engaged in commodity derivatives trading to determine whether or not registration as a MiFID investment firm is needed, that is whether or not they can (continue to) rely on the ancillary activities exemption pursuant to [Article 2 of the ...
[ESMA84-2037069784-2106 ] Report on CRA Market Share Calculation 2023
ID 26412
In order to enhance market competition among credit rating agencies (CRA) and to foster the use of smaller agencies for rating purposes, the European regulators developed Article 8d in the Credit Rating Agencies Regulation (CRAR). This article requires issuers or related third parties to „consider appointing at least one credit rating agency with no more than 10 % of the total market share“ in ...
The EBA updates the Guidelines on the specification and disclosure of systemic ...
ID 26405
EBA has updated its Guidelines on the specification and disclosure of systemic importance indicators. These guidelines are applicable to the largest institutions in the EU with a leverage ratio exposure measure exceeding EUR 200 billion. The update includes changes and clarifications related to indicators relevant for the identification process of G-SIIs. The guidelines aim to align with internationally agreed standards developed by the **BCBS ...
Russian Oil Services ban
ID 26403
The HM Treasury has published a revised version of its Russian Oil Services Ban industry guidance that was created by the Treasury itself or better its Office of Financial Sanctions Implementation (OFSI) to assist firms in their compliance with implemented sanction measures targeting the Russian Federation. Specifically, the guidance deals with the imposed ban on the import of Russian oil and petroleum (products) and ...
OFSI General Licence – INT/2023/3749168
ID 26402
The UK government has updated its license under the Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019 (“the CT2 Regulations 2019”) which permits otherwise prohibited (financial) transactions for the purpose of allowing the United Nations and other non-government organisations to provide humanitarian aid in connection with the Israel-Palestinian conflict. Specifically, the license permits the processing of any funds or other economic resources whenever nec ...
ESMA updates the parameters and methodology for MMF stress testing
ID 26396
ESMA has released a Final Report on Guidelines on stress test scenarios under the MMF Regulation. The update includes changes in methodology to simulate hypothetical liquidity changes in MMF portfolios and an annual calibration of risk parameters. The adjustments are based on stakeholder feedback and introduce parameters reflecting liquidity stress in the money market and a new risk factor representing the additional cost of ...
Update Q&A en Good Practice Informatiebeveiliging: de belangrijkste wijzigingen
ID 26393
DNB has released updated Q&A and Good Practice Information Security 2023 on Open Book Supervision. The Good Practice provides supervised institutions with current guidelines and control measures to comply with legal requirements, ensuring the continuous availability, integrity, confidentiality, and authenticity of automated data processing. The update is motivated by DNB’s findings in supervision investigations and the TIBER program, where they encountered effectiv ...