Events listed in report / study
ESMA sees high risks amid fragile markets
ID 21789
The European Securities and Markets Authority (ESMA), has published its first 2023 Report on Trends, Risks and Vulnerabilities (TRV). In its report, ESMA highlights the continuous high level of risk, and investors should be ready for additional market corrections. ESMA defines the drivers of risk in EU financial markets: The geopolitical environment, the slowdown in economic activity, high inflation, global financial tightening, and the ...
New Treasury Report Assesses Opportunities, Challenges Facing Financial Sector ...
ID 21784
In view of a recent trend towards the use of third party cloud service providers by financial market participants, particularly banking institutions, the U.S. Department of the Treasury has released a new report entitled The Financial Services Sector’s Adoption of Cloud Services. The report outlines the findings from its investigation as regards the „current state of cloud adoption in the financial sector“ and primarily ...
Results of the Semi-Annual FX Turnover Surveys in October 2022
ID 21763
Following a corresponding survey among 27 UK financial institutions in October 2022, the Bank of England has published the results on the turnover of foreign exchange (FX) trading activity for same month. The survey is conducted semi-annually to assess market activities in that regard. The results, which are outlined in a corresponding report, may be briefly summarized as follows: (1) Compared to the April ...
Asset Management
report / study
Impact underwriting: EIOPA reports on insurers’ use of climate-related adaptation ...
ID 21746
The European Insurance and Occupational Pensions Authority (EIOPA) published a report on insurers’ inclusion of adaptation measures to climate change in their non-life underwriting practices. The report is the outcome of an impact underwriting pilot project that EIOPA conducted in 2022 with 31 willing insurance companies from 14 different European countries. The research evaluates how the market currently underwrites policies for adapting to climate ...
Financial promotions data 2022
ID 21732
The Financial Conduct Authority, FCA, has published the latest financial promotion data covering the period from January 1, 2022 through December 31, 2022. The regulator was thereby stunned about the number of interventions it has undertaken to remove or alter deceptive, fraudulent, or simply wrong promotions of a large range of financial market participants and therefore urgently calls upon firms to review their marketing ...
Asset Management
report / study
ACER publishes its latest report on how electricity network tariffs are set in ...
ID 21710
The EU Agency for the Cooperation of Energy Regulators (ACER) has published the 3rd edition of its biannual Report on Electricity Transmission and Distribution Tariff Methodologies in Europe. It includes: + Reviews the tariff methodologies across EU Member States and Norway; + A Focus on selected topics (i.e. cost models, cost cascading, injection charges, connection charges, reactive energy charges and time-of-use network tariffs ); ...
Künstliche Intelligenz: Drei Studien für mehr Cyber-Sicherheit von KI-Systemen
ID 21703
Das Bundesamt für Sicherheit in der Informationstechnik (BSI) stellt im Rahmen des Projekts „Sicherheit von KI-Systemen: Grundlagen“ die folgenden drei Studien zur Sicherheit von Systemen basierend auf Künstlicher Intelligenz (KI) – Artificial Intelligence (AI) vor, welche Handlungsempfehlungen für Experten auf dem Gebiet liefern und auch als Informationsquelle für andere Gruppen wie Entwickler dienen. – Security of AI-Systems: Fundamentals – Adversari ...
ESMA issues Opinion on the trading venue perimeter
ID 21700
The European Securities and Markets Authority, ESMA, has published the Final Report on the Opinion on the trading venue perimeter, providing guidance on when certain systems and facilities qualify as multilateral and therefore should seek authorisation as a trading venue. Following a consultation (eventid=14271), the opinion elaborates on the MiFID II definition of multilateral systems and provides guidance on how to understand its constituent ...
Asset Management
report / study
IOSCO revises its 2011 Principles for the Regulation and Supervision of Commodity ...
ID 21658
On 31 January 2023, the International Organization of Securities Commissions (IOSCO) published a revised version of its Principles for the Regulation and Supervision of Commodity Derivatives Markets, and seeking to support the physical commodity derivatives markets in providing their fundamental price discovery and hedging functions, while operating free from manipulation and abusive trading schemes. The aim of the revision is to ensure that these ...
The TCFD Consortium has published „TCFD Guidance 3.0 Case Examples“
ID 21649
On 31 January 2023, the Task Force on Climate-related Financial Disclosures (TCFD) published Case Examples supplementing its Guidance on Climate-related Financial Disclosures 3.0 (TCFD Guidance 3.0). Back on 5 October 2022, the TCFD Consortium announced the release of the Guidance on Climate-related Financial Disclosures 3.0, with an aim of increasing corporate value and increasing the activity of financial and capital markets through the effective ...