Events listed in regulation
Uitvoeringsbesluit wijzigingsverordening Europese langetermijnbeleggingsinstellingen
ID 25925
The Implementing Decree no. 2023002190 amending European long-term investment funds has been published in the Official Dutch Gazette on 24 november 2023. This Decree implements Regulation (EU) 2023/606, which amends Regulation (EU) 2015/760 regarding the requirements related to investment policies and conditions for the business operations of European Long-Term Investment Funds (ELTIFs). The regulation **aims to encourage long-term investments in companies and projects and .. ...
Order No. 139 of 23 November 2023
ID 25912
IVASS published Provision No. 139 of 23 November 2023 regarding the determination of the percentage for the calculation of the management charges to be deducted from the insurance premiums collected in 2024 for the calculation of the supervisory fee on insurance and reinsurance. Based on the financial statements of insurance companies for the year 2022, the average impact of management expenses on direct labor ...
Stamp Duty Ordinance (Cap. 117) (Version Date: 17/11/2023)
ID 25910
A new version of the Stamp Duty Ordinance was published on Hong Kong’s e-Legislation platform, the official site for the publication of legal documents. The updated version contains amendments to the First Schedule which reflect the recent enactment of the Stamp Duty (Amendment) (Stock Transfers) Bill 2023 lowering the stamp duty rate on stock transfers from 0.13% to 0.1% (please see EventID 24059 in ...
Commission Regulation (EU) 2023/2579 of 20 November 2023 amending Regulation (EU) ...
ID 25885
Commission Regulation (EU) 2023/2579 with respect to the applicability of international accounting standards has been published in the Official Journal (OJ) of the EU. The regulation modifies Commission Regulation (EU) 2023/1803 which sets out the international accounting standards to be applied by public companies in accordance with Regulation (EC) No 1606/2002 by revising the International Financial Reporting Standard 16 Leases (IFRS 16) which provides ...
The Insurance Companies (“The Long-term Business Fixed Capital”) Regulations 2023
ID 25879
The Insurance Companies (“The Long-term Business Fixed Capital”) Regulations 2023 (SI 2023/1236) were published on legislation.gov.uk, the official UK website for the publication of legal government documents. The new regulations specify the definition of „structural assets“ held by insurers that are part of their long-term business and capital base. Structural assets are excluded from the typical (trading) tax that arises when the value of ...
Gebührenordnung zum Kotierungsreglement (revidiert) – (SIX Swiss Exchange)
ID 25869
Die Gebührenordnung zum Kotierungsreglement wurde von der SIX Swiss Exchange AG erlassen und regelt die Gebühren für die Leistung und Pflege von verschiedenen Finanzinstrumenten, sie tritt am 1. Februar 2024 in Kraft. Die Verordnung deckt folgende Arten von Finanzinstrumenten ab: – Partizipationsrechte wie Aktien und Partizipationszertifikate – Kollektivanlageprodukte wie Investmentfonds und börsengehandelte Fonds – Anleihen – Derivate wie Optionen und ...
SEC Adopts Rules to Improve Clearing Agency Governance and Mitigate Conflicts of ...
ID 25838
The U.S. Securities and Exchange Commission (SEC) has published a press release to announce the finalization of new rule 17 CFR Part 240, § 240.17Ad-25 under the Securities Exchange Act of 1934 to enhance governance standards of registered clearing agencies and to mitigate the risks of conflicts of interest among Board members, nominating committees, and other relevant stakeholders. The final rule follows a [corresponding ...
The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 1) ...
ID 25834
The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 1) Regulations 2023 was published on legislation.gov.uk, the official website for publicizing legal documents. The regulations bring into force various provisions under the Economic Crime and Corporate Transparency Act 2023 which includes legislation to hold companies responsible for the prevention of fraud. To recall, the Act aims to combat financial crime, particularly money laundering, ...
Standards for Safeguarding Customer Information
ID 25782
Following a corresponding consultation in 2021 (EventID 13610), the Federal Trade Commission (FTC) has published in the Federal Register its final rule with respect to the notification of unauthorized retrieval of unencrypted customer information from financial institutions. Specifically, the new rule mandates that financial institutions, which include insurance companies, brokers, banks, building societies, mutual funds, and all other entities offering financial products and ...
Agencies announce dollar thresholds for smaller loan exemption from appraisal ...
ID 25781
The Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board (FED), and Office of the Comptroller of the Currency (OCC) have announced an upcoming regulation to increase the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans from $31,000 to $32,400, effective January 1, 2024. This means that financial institution granting mortgage loans of less than $32,400 will not need to ...