The European Securities and Markets Authority (ESMA) has begun its consultation process for the implementation of the revised Markets in Financial Instruments Directive (MiFID II) and the new Markets in Financial Instruments Regulation (MiFIR).
The European Securities and Markets Authority (ESMA) has published its eighth updated questions and answers paper (Q&A) on the implementation of the European Markets Infrastructure Regulation (EMIR).
The Financial Ombudsman Service (FOS) has published its annual review for 2013/14. Points of interest in the annual review include:
The Islamic Financial Services Board (IFSB) has published its Ten-Year Framework and Strategies document. The document sets out the IFSB’s aims and objectives and these include to:
The following European Commission delegated Regulations, which supplement the Capital Requirements Regulation with regard to certain regulatory technical standards (RTS), were published in volume 57 of the Official Journal of the European Union:
The following European Commission delegated Regulations, which supplement the Capital Requirements Directive IV with regard to certain regulatory technical standards (RTS), were published in volume 57 of the Official Journal of the European Union:
The European Banking Authority (EBA) has published its annual report for 2013, together with a summary.
The European Payments Council (EPC) has published a press release announcing the launch of consultations on possible modifications to the Single Euro Payments Area (SEPA) Credit Transfer and SEPA Direct Debit Rulebooks. The EPC has therefore published the following change request consultation documents:
The European Banking Authority (EBA) has published an updated list of incorrect validation rules found in its implementing technical standards on supervisory reporting under the Capital Requirements Regulation. Further, in a related press release, the EBA states that the list of incorrect validation rules is expected to increase as more real data will become available in the near future. The EBA intends to publish updated versions of such data as soon as it becomes available thereafter.
The European Banking Authority (EBA) has published an updated template and instructions for participating banks to use in connection with its data collection exercise on credit valuation adjustment (CVA), which was launched on 30 April 2014. The purpose behind it is to inform international discussions on CVA risk.