02 Jun 2023

Financial Regulation Weekly Bulletin - 1 June 2023

Includes developments in relation to: DORA; greenwashing monitoring and supervision; Financial Services and Markets Bill; CVA risk; Single Payments Area; APRC calculations; BMR; LIBOR transition; and MLD4.

Click on the headings below to access each section:

General

  • DORA - European Supervisory Authorities publish joint Discussion Paper
  • Greenwashing monitoring and supervision - European Supervisory Authorities publish progress reports
  • Nature loss and climate change - Science Based Targets Network publishes statement
  • Climate transition plans - Network for Greening the Financial System publishes report

Beyond Brexit

  • Financial Services and Markets Bill - HM Treasury publishes Policy Paper on technical amendments to overseas CCPs

Banking and Finance

  • CVA risk - EBA publishes Peer Review report
  • CRD V - EBA publishes Consultation Paper on draft RTS and ITS on functioning of supervisory colleges
  • CRR - Joint Committee of ESAs publishes Consultation Paper on amending ITS on mapping credit assessments of ECAIs
  • Single Payments Area - EPC publishes version 3.1 of the Single Euro Payment Area Request-To-Pay scheme rulebook
  • FSMB - Changes to credit union legislation - FCA publishes new webpage
  • APRC calculations - FCA publishes statement

Securities and Markets

  • BMR - ESMA publishes Final Report on review of RTS on information to be provided in application for authorisation and registration
  • Fifth EU-wide CCP stress test - ESMA publishes report on framework
  • LIBOR transition - FCA publishes notice and Feedback Statement (FS23/2)

Financial Crime

  • AML/CTF - JMLSG publishes proposed revisions to guidance
  • MLD4 - EBA publishes Consultation Paper
  • Insider Dealing (Securities and Regulated Markets) Order 2023 - Statutory instrument and explanatory memorandum published

 

This material is provided for general information only. It does not constitute legal or other professional advice.

Contact Information
Selmin Hakki
PSL Counsel at Slaughter and May
Sarah Redlich
Practice Development Lawyer at Slaughter and May