Financial Regulation Weekly Bulletin – 19 October 2023

Click on the headings below to access each section:

General

• Disclosure of cryptoasset exposures - Basel Committee launches consultation
• 2024 work programme - European Commission publishes communication and annexes
• 2024 work programme - Legislative proposals adopted by European Commission
• MiCA - EBA launches consultations on draft RTS and guidelines
• MiCA - ESMA publishes statement on implementation timeline
• Sexism in the City - Treasury Select Committee publishes FCA response
• Cyber risks and operational resilience - Bank of England publishes speech
• International growth and competitiveness - FCA publishes speech
• Complaints data - FCA publishes data for H1 2023 

Sustainability

• EU taxonomy - European Commission and Platform on Sustainable Finance launch stakeholder request mechanism

Beyond Brexit

• The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) Regulations 2023 - draft statutory instrument and explanatory memorandum published

Banking and Finance

• Lessons learnt from recent banking failures - PRA publishes speech

Securities and Markets

• MiFIR and MiFID II - Council publishes final texts of proposed amendments on market data access and transparency
• EMIR - ESMA publishes final report on draft RTS extending temporary emergency measures on CCP collateral requirements
• EMIR - ESMA publishes opinion on CCP back testing requirements
• CCP Resolution Liaison Panel meeting - HM Treasury publishes minutes
• The Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations 2023 - draft statutory instrument and explanatory memorandum published
• Securitisation rules - FCA publishes addendum to Consultation Paper

Asset Management

• Updating the asset management regime - FCA publishes speech

Financial Crime

• Proceeds of fraud and money mules - FCA publishes findings of multi-firm review
• Disclosure and fraud offences - Home Office announces independent review and publishes terms of reference
• Customer due diligence - JMLSG publishes revisions to guidance

Enforcement

• Cyber-security breach - FCA publishes Final Notice and fines Equifax Limited
• Imposing financial penalties - updated penalty statement published by PSR