Events listed in regulation
MAR 9.2A Consolidated tape providers MAR 9.2B Operating requirements MAR 9.2C ...
ID 26425
The Financial Conduct Authority (FCA) has updated its Handbook to implement first provisions for the introduction of a UK consolidated tape (please see EventID 24578 in this context for more information). Specifically, the FCA has inserted the following new Market Conduct Sourcebook provisions which will be effective on April 5, 2024: – MAR 9.2A Consolidated tape providers – MAR 9.2B Operating requirements – [MAR ...
FCA 2023/43: Technical Standards (Authorisation, Organisational Requirements and ...
ID 26423
The FCA has issued a new Instrument (FCA 2023/43) as regards the revocation of two technical standards in relation to data reporting services providers (DRSPs) that were retained by the UK following its exit from the EU. This move comes in an effort to repeal all retained EU legislation (REUL) in accordance with the Retained EU Law (Revocation and Reform) Act 2023 and to ...
CP23/33: The framework for a UK consolidated tape
ID 26420
The Financial Conduct Authority (FCA) has published a combined policy statement and consultation paper in relation to the introduction of a consolidated tape (CT) in the UK. As stated in the corresponding initial consultation paper (CP15/23) (EventID 22066), the aim of the CT is to improve availability and quality of market (trading) data while enhancing transparency and reducing overall market data costs, primarily by ...
Zweite Verordnung zur Änderung der Steueroasen-Abwehrverordnung
ID 26414
Im Bundesgesetzblatt wurde die Zweite Verordnung zur Änderung der Steueroasen-Abwehrverordnung veröffentlicht. Diese Änderung betrifft § 2 der StAbwV, in welchem nicht kooperative Steuerhoheitsgebiete gemäß der EU-Liste aufgeführt sind. Die Aktualisierung bezieht sich auf die im Anhang I der Schlussfolgerungen des Rates zur überarbeiteten EU-Liste nicht kooperativer Länder und Gebiete für Steuerzwecke vom 17. Oktober 2023, genannten Gebiete. Diese Liste, veröffentlicht im ABl ...
Community Reinvestment Act Regulations Asset-Size Thresholds
ID 26409
As previously announced by the Office of the Comptroller of the Currency (EventID 24582), the Board of Governors of the Federal Reserve System (FED) and the Federal Deposit Insurance Corporation (FDIC) have now published in the Federal Register the yearly adjustment of the asset size thresholds to be classified as „small“ and „intermediate small“ institutions for 2024**. These categories are used (a) by regulatory ...
Commission Regulation (EU) 2023/2822 as regards International Accounting Standard 1
ID 26401
Commission Regulation (EU) 2023/2822 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 Accounting Standard 1 (IAS 1) which provides standards for ...
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. ...
ID 26391
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Order 2023 was recently published on the official journal of the UK. The new order primarily focuses on amending the criteria and procedures for classifying individuals as high net worth individuals and self-certified sophisticated investors for purposes of determining their status and permitting eligible investments only, as well as the associated documentation ...
Council Regulation (EU) 2023/2877 concerning restrictive measures in view of the ...
ID 26390
New Council Regulation (EU) 2023/2877 as regards sanction measures „in view of the situation in Syria“ was published in the Official Journal (OJ) of the EU. The regulation modifies Council Regulation (EU) No 36/2012 relating to same issue, specifically Article 16a of the 2012 regulation, to **extend the permission for otherwise prohibited (financial) transactions to enable continuous humanitarian aid in the country following the ...
The Register of Overseas Entities (Verification and Exceptions) (Amendment) ...
ID 26380
On December 19, 2023, the Register of Overseas Entities (Verification and Exceptions) (Amendment) Regulations 2023 were published on legislation.gov.uk, the official UK platform for the publication of legal texts. To recall, the „Register of Overseas Entities“ was created by the Economic Crime (Transparency and Enforcement) Act 2022 (ECTEA) in an emergency in response to Russia’s invasion of Ukraine. Under the Act, overseas entities wishing ...
SFC’s enhanced position limit regime to take effect
ID 26376
The Securities and Futures Commission (SFC) has published a press release to inform that the new position limits regime as outlined in the above noted consultation conclusions will come into force on December 22, 2023. The final changes to the Securities and Futures (Contracts Limits and Reportable Positions) Rules have been made and will come into force on that day. Among other things, the ...