June 2021

On 28 June 2021, the Implementation decree concerning the registration of beneficial owners of trusts and similar legal arrangements (Implementatiebesluit registratie uiteindelijk belanghebbenden van trusts en soortgelijke juridische constructies, the Implementation Decree) was published for public consultation by the Dutch Minster of Finance.

The Implementation Decree, together with the Implementation act concerns

On 25 June 2021, there was published in the Official Journal of the EU a Commission Implementing Regulation that extends the transitional period during which EU credit institutions can treat exposures to a third-country central counterparty (CCP) that has not been recognised in accordance with the European Market Infrastructure Regulation as if they

On 28 June 2021, the Financial Action Task Force (FATF) published:

  • A press release concerning the outcomes of the FATF Plenary held on 20-25 June 2021. The press release for the plenary reports that delegates finalised work in a number of important areas. These include a report that details the financial flows linked

On 28 June 2021, HM Treasury published a draft of the Financial Services and Markets Act 2000 (PRA-regulated Activities) (Amendment) Order 2021.

The Statutory Instrument will enact consequential amendments to the Financial Services and Markets Act 2000 (PRA-regulated Activities) (Amendment) Order (the PRA RAO) as a result of the introduction of the Investment

On 28 June 2021, the International Organization of Securities Commissions (IOSCO) issued a report on issuers’ sustainability-related disclosures.

The report:

  • Provides background and context to IOSCO’s work in the area of sustainability disclosures.
  • Summarises the work that IOSCO has done to develop its vision for an International Sustainability Standards Board (ISSB)

On 28 June 2021, the European Banking Authority (EBA) issued a consultation on revised guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing. The purpose of the revisions is to implement recent changes introduced by the Capital Requirements Directive V and the

A new episode of RT Plus is out now and available to stream and download.

In this episode we’re playing a conversation that took place recently between Katie Stephen and Sonya Zywko regarding how to deal with enquiries from the regulator regarding market disclosures, including discussion of how to mitigate the risk of receiving an

On 25 June 2021, the European Banking Authority (EBA) issued final draft Implementing Technical Standards (ITS) on information on supervisory approaches and aggregate statistical data concerning the new prudential requirements that Member State competent authorities will have to disclose publicly for all types of EU investment firms authorised under MiFID II.