The Financial Stability Board (FSB) has published two final guidance papers to assist the resolution planning work of authorities and firms:
The International Organization of Securities Commissions (IOSCO) has published a consultation report on the good practices for termination of investment funds.
The purpose of the consultation report is to obtain feedback from stakeholders on a proposed set of good practices on the voluntary termination process for collective investment schemes and other fund structures
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have issued a second consultative report on harmonisation of the unique product identifier (UPI).
The UPI system will assign a code to each over-the-counter derivative product which maps to a set of data
On 16 August 2016, the Securities and Futures Commission of Hong Kong (SFC) and the China Securities Regulatory Commission (CSRC) jointly announced the approval, in principle, of the establishment of Shenzhen-Hong Kong Stock Connect, which will provide mutual stock market access between Hong Kong and Shenzhen via a northbound Shenzhen trading link and a southbound Hong Kong trading link.
The Lending Standards Board (LSB) has published a report on its findings from its third party outsourcing themed review. The objectives of the review were to assess the adequacy of subscribers’ systems, processes and controls to ensure that where processes are outsourced, the Lending Code (the Code) is complied with and
The City of London Law Society (CLLS) and Law Society Company Law Committees’ Joint Working Parties on Market Abuse, Share Plans and Takeovers Code (have published a second Q&A setting out their suggested approach to implementing certain aspects of the Market Abuse Regulation (MAR). The Q&A includes questions and answers in
The GC100 and Investor Group (Group) has published an updated version of its directors’ remuneration reporting guidance. The guidance relates to the disclosures required by Schedule 8 to the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 (as amended) which came into force on 1 October 2013. The guidance was
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have published two reports that are intended to enhance the resilience of central counterparties (CCPs).
The first report is a consultative report, Resilience and recovery of central counterparties: Further guidance on the PFMI
In April 2015 the Financial Stability Board (FSB), together with the Basel Committee on Banking Supervision, the Committee on Payments and Market Infrastructures (CPMI), and the International Organization of Securities Commissions (IOSCO) agreed on a joint work plan to coordinate their action to enhance the resilience, recovery and resolvability
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has published a general decree on the reporting of supervisory financial information in line with the relevant European Regulation. It specifies the dates on which credit institutions, that fall under the European Capital Requirements Regulation (CRR), are required to remit their financial information