The Council of the EU has published a revised text of the Payment Accounts Directive (PAD) which it adopted on 23 July 2014. The text is a revised version of the text published on 16 July 2014, by the Council of the EU.
The Lending Standards Board (LSB) has published a report outlining the findings of its themed review of the costs to customers of calling telephone service and helplines.
The European Banking Authority (EBA) has published revised versions of the final draft implementing technical standards (ITS) relating to:
The European Banking Authority (EBA) has updated its Q&As on the single rulebook, publishing nine new answers to questions. The Q&As relate to the CRD IV package of reforms: the CRD IV Directive, the Capital Requirements Regulation and the related technical standards and guidelines developed by the EBA. The nine updated Q&As cover various issues including:
The European Supervisory Authorities (ESAs) have published a Joint Consultation Paper on draft regulatory technical standards (RTS) on risk concentration and intra-group transactions under article 21a(1a) of the Financial Conglomerates Directive (FICOD).
The Bank of England (BoE) has published a policy statement setting out two statutory statements of procedure on its supervision of financial market infrastructures. The two statements relate to recognised clearing houses (RCHs) and qualifying parent undertakings of UK RCHs (QPUs) and cover the BoE’s:
The European Banking Authority (EBA) has published a report on its peer review of the credit concentration risk aspects of its guidelines on the management of concentration risk under the supervisory review process (GL 31).
The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014 and explanatory memorandum have been published on www.legislation.gov.uk.
The PRA has published Consultation Paper CP13/14: Implementing the Bank Recovery and Resolution Directive (CP13/14).
In CP13/14, the PRA sets out its approach to implementing the Bank Recovery Resolution Directive (BRRD) provisions on:
The Presidency of the Council of the EU has published its second compromise proposal relating to the proposed Directive on payment services in the internal market.