HomeCategoryArchiwa Banking and finance - Regulatory Compliance

EU: Suspension of the derivatives trading obligation under MiFIR for specific banks    Article 32a of Regulation (EU) No 600/2014 (MiFIR) empowers the Commission to suspend the derivative trading obligation for specific financial counterparties through an implementing act, following a request from a Member State’s competent authority and subject to certain conditions. In this case,...

EU: Listing Act, MiFID – rules on payment for research and execution services    The EU Commission has published the The Listing Act, that:  facilitates the listing of companies on EU capital markets  promotes the provision of investment research (particularly on SMEs) by allowing investment firms to pay for research and execution services either jointly or separately...

EU: Call for evidence on simplifying EU rules on direct taxation – omnibus   The EU Commssion is seeking evidence on simplifying EU rules on direct taxation. The omnibus on taxation is an integral part of the Commission’s efforts to simplify EU law and will cut red tape for businesses, in order to boost competitiveness...

EU: Review of the Regulation on a pan-European personal pension product (PEPP)   The EU Commission has published, for consultation, a review proposal for a regulation on a pan-European personal pension product. Ensuring that people across the EU can retire with dignity, security and adequate income lies at the heart of the EU’s social and...

EU: Updates to MiFIR: post-reform changes on RCB, liquid markets for equity instruments, and PTRR   The EU Commission is consulting a delegated act amending MiFIR. Regulation (EU) No 600/2014 (MiFIR) sets out the rules for trading in the EU. Its latest amendments, introduced through Regulation (EU) 2024/791 (the MiFIR review), removed key barriers to...

EU: EBA consultation on third-country branches under the Capital Requirements Directive (CRD)   The European Banking Authority (EBA) has recently launched three public consultations on Regulatory Technical Standards (RTS) and Guidelines (GL) concerning third-country branches under the Capital Requirements Directive (CRD). These consultations address key areas including booking arrangements, capital endowment, and supervisory colleges. The...

EU: Insurance and reinsurance firms – review of technical rules (Solvency II)   The EU has published a draft Commission delegated regulation amending Delegated Regulation (EU) 2015/35 as regards technical provisions, long-term guarantee measures, own funds, equity risk, spread risk on securitisation positions, other standard formula capital requirements, reporting and disclosure, proportionality and group solvency....

EBA: Technical standards on the joint decision process for internal model authorisation   The European Banking Authority (EBA) has released its final draft of Implementing Technical Standards (ITS), amending the existing Implementing Regulation governing the joint decision process for internal model authorization under the Capital Requirements Regulation (CRR). These revisions align the ITS with updates...

EU: EBA Launches Consultation on Fees for Pro Forma Model Validation Under EMIR   The European Banking Authority (EBA) has opened a public consultation on the fees that financial and non-financial counterparties must pay for the validation of pro forma models under the European Market Infrastructure Regulation (EMIR). The consultation is open until 7 April...