The latest episode of the RT Plus podcast series on Evolution and Divergence – Markets in the EU and UK, is out now. In this third episode we look at potential changes to the bonds and derivatives regime in both the UK and Europe.
With the Wholesale Markets Review currently underway in the UK and
On 23 November 2021, the Financial Stability Board (FSB) published the 2021 list of global systematically important banks (G-SIBs) using end-2020 data and an assessment methodology designed by the Basel Committee on Banking Supervision (Basel Committee).
FSB member authorities apply the following requirements to G-SIBs:
On 23 November 2021, the Board of the International Organisation of Securities Commissions (IOSCO) published a final report with a set of recommendations calling for oversight of ESG Ratings and Data Product Providers.
The use of ESG ratings and data products has grown considerably in response to investors’ mounting interest in investing in
On 23 November 2021, the European Securities and Markets Authority published its annual report on administrative and criminal sanctions, as well as other administrative measures, issued across the European Union under the Market Abuse Regulation in 2020.
The annual report describes an increase in the number of administrative sanctions and measures in 2020 compared to
| 3 More London Riverside SE1 2AQ
08 December 2021 | 08:50 – 09:30 GMT There have been many macro-economic factors driving enhanced deal volumes in the last few years, from Brexit to pandemic-related realignments. Transactions involving regulated entities present unique challenges to principles, as well as their lawyers and other advisors throughout the transaction timeline. |
On 22 November 2021, the European Banking Authority (EBA) published its revised guidelines on sound remuneration policies for investment firms under the Investment Firms Directive (IFD).
The guidelines have been developed on the basis of Articles 30(4) and 32(9) of the IFD which mandates the EBA to develop guidelines on remuneration
On 22 November 2021, the European Banking Authority (EBA) published a final report containing revised guidelines on internal governance for investment firms under the Investment Firms Directive (IFD).
The guidelines have been prepared in accordance with Article 26 of the IFD which requires investment firms to have robust governance arrangements, including
On 22 November 2021, the European Securities and Markets Authority (ESMA) issued a document on EMIR clearing thresholds.
EMIR Refit introduces a mandate for ESMA to periodically review the clearing thresholds and update them where necessary, in order to ensure that the thresholds remain appropriate (e.g., to take account of any material changes
On 22 November 2021, Victoria Cleland, Executive Director for Banking at the Bank of England (BoE) gave a speech at the Central Banks Payments Conference.
The speech discusses how central banks and the private sector will work together to improve cost, speed, transparency and access to cross-border payments. Mrs Cleland also explains how
On 22 November 2021, the European Payments Council (EPC) published the following: