The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have published a consultation report on the assessment methodology for the oversight expectations applicable to critical service providers. The consultation paper contains:
The International Organization of Securities Commissions (IOSCO) has published its final report on regulatory issues raised by changes in market structure.
In the final report, IOSCO makes four recommendations that seek to promote market liquidity and efficiency, price transparency and investors’ execution quality in a fragmented environment.
The final report identifies possible outstanding issues and
The International Organization of Securities Commissions (IOSCO) has published its final report on trading fee models and their impact on trading behaviour. The report provides a summary of responses received to a survey IOSCO conducted among regulators and trading venues in different jurisdictions. The survey included questions relating to:
The PRA has published a number of Supervisory Statements concerning the Capital Requirements Directive IV and the Capital Requirements Regulation.
These are:
The PRA has published Policy Statement 7/13: Strengthening capital standards: implementing CRD IV, feedback and final rules (PS7/13).
In PS7/13, the PRA sets out its final statement of policy, rules and supervisory statements required to implement the Capital Requirements Directive IV and the Capital Requirements Regulation for banks, building societies and PRA-designated investment firms. The
The FCA has published Policy Statement 13/10: CRD IV for investment firms (PS13/10).
In PS13/10, the FCA provides feedback to the responses to its three earlier consultations on implementing the Capital Requirements Directive IV and the Capital Requirements Regulation (together the CRD IV reforms): CP13/6, CP13/9 and CP13/12. It also sets out the final Handbook
The Capital Requirements Regulations 2013 have been published along with an accompanying explanatory memorandum. These Regulations implement certain provisions of the Capital Requirements Directive IV and the Capital Requirements Regulation and will come into force on 1 January 2014.
View The Capital Requirements Regulations 2013, 9 December 2013
The European Banking Authority (EBA) has published final draft implementing technical standards (ITS) on joint decisions on institution-specific prudential requirements under article 113 of the Capital Requirements Directive IV (CRD IV) along with an accompanying web page and press release.
Article 113 of the CRD IV requires the EBA to develop draft ITS on joint
The European Banking Authority (EBA) has published part three of its final draft regulatory technical standards (RTS) on own funds as required under the Capital Requirements Regulation. As a result, the EBA is mandated with preparing draft RTS covering the deduction of indirect and synthetic holdings, conditions for qualifying as broad market indices and the
The European Banking Authority (EBA) has published the following final draft technical standards on information exchange between home and host Member State regulatory authorities under the Capital Requirements Directive IV (CRD IV), namely the: