Financial Regulation Weekly Bulletin - 16 February 2023

Click on the headings below to access each section:

General

• Decentralised finance – FSB publishes report on assessment of financial stability risks
• Macroprudential tools for cyber resilience - ESRB publishes report
• Distance marketing of consumer financial services - Council of the European Union publishes compromise text of proposed amending Directive
• Finance for positive sustainable change - FCA publishes Discussion Paper (DP23/1)
• Complaints - FOS publishes quarterly complaints data

Banking and Finance

• Principles for Responsible Banking - United Nations Environment Programme Finance Initiative publishes statement
• CRD VI/CRR III - ECON publishes reports
• Resolution - EBA publishes final Guidelines on publication of bail-in tool approach
• Green loans and mortgages - EBA launches survey
• Buy Now Pay Later credit products - HM Treasury publishes further Consultation Paper and draft legislation
• Open Banking - HM Treasury, FCA, CMA and PSR publish Final Report
• RTGS Renewal and CHAPS - Bank of England publishes two Consultation Responses
• Unvested pay, material risk takers and public appointments - PRA publishes Policy Statement (PS1/23)
• Standards of Lending Practice - LSB and FCA publish statements

Securities and Markets

• CCP default management auctions - IOSCO and CPMI publish update
• Digital securities - UK Jurisdiction Taskforce publishes legal statement

Asset Management

• ELTIF Regulation - European Parliament adopts proposed Regulation

Insurance

• Roles and functioning of Policyholder Protection Schemes - IAIS publishes draft Issues Paper
• Solvency II - Commission Implementing Regulation on technical information for calculating technical provisions and basic own funds for Q1 2023 reporting published in OJ

Financial Crime

• Correspondent Banking Due Diligence Questionnaire - Wolfsberg Group publishes announcement

Enforcement

• Affordability checks - FCA publishes Final Notice to Amigo Loans Ltd