Events listed in European Union
Corrigendum to Council Implementing Regulation (EU) 2023/1045 concerning ...
ID 26354
A corrigendum to Council Implementing Regulation (EU) 2023/1045 concerning sanction measures in view of activities that undermine the sovereignty of the Republic of Moldova or threaten democracy and stability in the Republic was published in the Official Journal (OJ) of the EU. The corrigendum modifies the Annex of the 2023 Council Implementing Regulation and thus the first Annex of Council Regulation (EU) 2023/888 by ...
Banks and insurance have key role to play in reducing climate-related financial ...
ID 26351
The ECB and the ESRB jointly released a comprehensive report addressing the implications of climate change on the EU financial system. The report introduces three frameworks to assess climate risks in relation to financial stability: risk surveillance, macroprudential policy, and broader risks associated with nature degradation. Indeed, the first framework focuses on financial stability risk surveillance, emphasizing advancements in measuring and modeling climate risk ...
Questions and Answers: twelfth package of restrictive measures against Russia
ID 26350
Following the European Council’s adoption of a twelth package of restrictive measures against Russia in response to the invasion of the Ukraine by Russia, the European Commission (EC) has published corresponding new questions and answers (Q&As) in that regard. The Commission thereby outlines the rationale for adopting the new measures and briefly summarizes the scope of the new measures which involve further financial restrictions ...
Berichtigung der Verordnung (EU) 2022/2474 angesichts der Handlungen Russlands, die ...
ID 26349
A corrigendum to the German version of Council Regulation (EU) 2022/2474 setting out additional sanction measures towards Russia following its invasion of Ukraine was published in the Official Journal (OJ) of the EU. The corrigendum corrects an error in Annex VIII which itself replaces Annex XXIII of Council Regulation (EU) No 833/2014 containing three lists of products that are prohibited to be sold, exported, ...
Council Implementing Regulation (EU) 2023/2875 concerning restrictive measures in ...
ID 26348
In view of the persisting aggression of Russia towards Ukraine, the European Council has placed further individuals and entities on the EU sanctions list. In new Council Implementing Regulation (EU) 2023/2875 which was now published in the Official Journal (OJ) of the EU, the Council placed another 61 persons and 86 entities on the sanctions list set out in Annex I of [Council Regulation ...
Council Regulation (EU) 2023/2873 concerning restrictive measures in respect of ...
ID 26347
New Council Regulation (EU) 2023/2873 as regards sanction measures with respect to persons and entities that threaten or undermine the safety, independence, and sovereignty of Ukraine was published in the Official Journal (OJ) of the EU. The regulation modifies Council Regulation (EU) No 269/2014 in that it – extends the grounds for sanctioning persons, entities, and bodies which are subsequently listed in Annex I ...
[ESMA24-229244789-4623 ] SMSG Advice on second MiCA package
ID 26343
The SMSG provided advice to ESMA on the second consultation paper regarding Technical Standards for MiCA, covering various aspects of the MiCA Regulation. Proportionality was emphasized, with the SMSG supporting the approach to business continuity measures that consider the scale, nature, and range of crypto-asset services. They recommended incorporating proportionality in other aspects of MiCA to prevent barriers to small players without compromising safety ...
An increase in the current deposit coverage level of EUR 100,000 would have limited ...
ID 26337
EBA released a comprehensive report following a simulation and analysis of the deposit coverage level, responding to a request from the EC. The focus of the analysis is on the current coverage level of EUR 100,000 across the EEA. The findings indicate that under the existing coverage, 96% of depositors are fully covered, ensuring they would be reimbursed the full amount of their deposits ...
Integration, Sustainability and Competitiveness: Reflections and recommendations ...
ID 26333
AFME published a report issuing reflections and recommendations for banking and capital markets policy in anticipation of the next EU legislative cycle. Highlighting challenges arising from strained public finances, demographic shifts, and a significant need for annual investments, the report underscores the critical importance of fostering open, deep, and integrated capital markets to support EU corporates and citizens. The recommendations put forth by AFME ...
[ESMA12-2121844265-3173 ] Final report on Guidelines on position calculation under ...
ID 26332
ESMA published its Final report on Guidelines on position calculation under EMIR. This report presents proposed updates to the existing ESMA Guidelines on position calculation under EMIR Refit standards. The primary objective of these guidelines is to offer clarity regarding position calculations, scope of data, and methodologies in the context of the new EMIR Refit standards. The guidelines that will come into effect from ...