28 Jan 2022

Financial Regulation Weekly Bulletin - 27 January 2022

Includes developments in relation to: cyber risk; sustainable finance; CRD IV and IFD; CRR; net short positions; MiFID II; and EMIR

Click on the headings below to access each section:

General

  • Cyber risk - ESRB publishes recommendation on establishing pan-European systemic cyber incident co-ordination framework
  • Sustainable Finance - EU Platform on Sustainable Finance makes recommendations on draft Taxonomy Complementary Delegated Act
  • Regulated firms - FCA publishes consultation on approach to compromises (GC22/1)
  • Transforming data collection - FCA publishes new webpage
  • Wider Implications Framework - established by FOS, FCA, Pensions Regulator, FSCS and MaPS

Banking and Finance

  • CRD IV and IFD - EBA publishes three Consultation Papers on draft remuneration Guidelines
  • CRR and ESG risks - EBA publishes Final Report and factsheet on draft ITS covering prudential disclosures
  • CRR - EBA publishes Final Report on draft amending ITS on currencies with constraints on the availability of liquid assets
  • Economy-wide climate stress test - ECB announces launch and publishes macro-financial scenarios
  • Market review of card-acquiring services - PSR publishes consultation paper

Securities and Markets

  • Net short positions - ESMA publishes statement on new reporting requirements
  • MiFID II - ESMA publishes consultation paper on Guidelines on suitability requirements, reflecting sustainability matters
  • EMIR - ESMA consults on review of RTS on anti-procyclicality margin measures for CCPs

Asset Management

  • Investment Firms Regulation - Commission Delegated Regulation setting out RTS on K-factor daily trading flow published in OJ
  • Money market funds - ESRB publishes policy recommendation on increasing resilience

Insurance

  • Insurance stress testing - EIOPA publishes third paper on methodological principles

 

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