ECB”) published a speech on bank’s role in greening the economy.
The PRA published a discussion paper (DP1/21) that explores the options for developing a simpler prudential framework for non-systemic banks and building societies.
The FCA published a summary of insights from its cyber co-ordination group meetings on current cyber risks and firms practices for responding to them.
The European Insurance and Occupational Pensions Authority (“
EIOPA”) published a discussion paper on blockchain and smart contracts in insurance.
28 April
The FCA published a consultation paper (CP21/9) on changes to conduct and organisational requirements laid down in UK laws and regulations implementing the MiFID II Directive (EU/2014/65) (“
Recent regulatory developments of interest to most financial institutions.
Contents
Tackling financial exclusion: House of Lords Liaison Committee follow-up report
Safe harbour provisions to support the wind-down of critical benchmarks: RFRWG letter
Net zero and the future of green finance: Treasury Committee report
UK Future Regulatory Framework Review: BoE speech on PRA policymaking
UK MiFID research and best execution reporting requirements: FCA CP21/9
Strengthening financial promotion rules for high-risk investments and firms approving financial promotions: FCA DP21/1
Compliance, culture and evolving regulatory expectations: FCA speech
Improving effective regulation: FCA speech
Why black inclusion matters: FCA speech
Climate change and sustainable finance: FCA webpage
To embed, copy and paste the code into your website or blog:
Reports on key recent regulatory developments focussing on banking and finance. See also our Financial institutions general regulatory news and other sector news in the Related Materials links.
Contents
Mortgage Guarantee Scheme: PRA statement on regulatory treatment of mortgage loans
LIBOR transition in sterling structured products: Working Group paper
EU CRR: Implementing Regulation on ITS on public disclosures
Targeted review of internal models: ECB results
CRR: EBA final draft RTS on methods of prudential consolidation
BRRD: updated Implementing Regulation on ITS on MREL reporting by resolution authorities
BCBS 2021-22 work programme
LIBOR Transition: Challenges for Islamic Finance Transactions | King & Spalding jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The European Commission published a
30 March
FSB”) published a
speech made by Randal Quarles, FSB Chair, that sets out details of the FSB s areas of focus for 2021.
European Securities and Markets Authority (“
ESMA”) published an updated version of its
Q&As (ESMA34-32-352) on the application of the Alternative Investment Fund Managers Directive (EU/2011/61) (“
AIFMD”).
HM Treasury published a
statement concerning the first meeting of the Joint Committee established under the UK-US bilateral agreement on insurance and reinsurance prudential measures.
ESMA published its
final report (dated 23 March 2021) (ESMA74-362-1013) on reference data and transaction reporting obligations under the Markets in Financial Instruments Regulation (600/2014) (“