On 22 January 2024, there was published in the Official Journal of the EU, Commission Delegated Regulation (EU) 2024/358 of 29 September 2023 supplementing the EU Crowdfunding Regulation with regard to regulatory technical standards (RTS) specifying requirements on credit scoring of crowdfunding projects, pricing of crowdfunding offers, and risk management policies and procedures.
With a record number of enforcement cases resolved in recent years, the Financial Reporting Council (FRC) is continuing to show its determination to hold firms and individuals to account for serious accounting and audit failures. In our latest briefing, we set out five key themes for relevant firms and individuals to be aware
On 17 January 2024, the European Supervisory Authorities (ESAs) published the first part of their draft regulatory technical standards (RTS) and implementing technical standards (ITS) developed under the Digital Operational Resilience Act (DORA). The publication follows a public consultation on the draft measures that the ESAs conducted
For 19 years, Norton Rose Fulbright’s Annual North American Litigation Trends Survey has tracked changes and trends defining the litigation landscape by polling legal professionals at organizations of all sizes across key commercial sectors.
Survey results show that general counsel and in-house litigation leaders are dealing with more regulatory matters compared to prior years. They
On 18 January 2024, the European Banking Authority (EBA) issued a consultation on draft guidelines on the management of environmental, social and governance (ESG) risks.
The EBA has developed these draft guidelines in line with its roadmap on sustainable finance and they address the mandate specified in letters a, b, and
On 18 January 2024, the European Banking Authority (EBA) issued a consultation on draft guidelines on the management of environmental, social and governance (ESG) risks.
The EBA has developed these draft guidelines in line with its roadmap on sustainable finance and they address the mandate specified in letters a, b, and
On 15 January 2024, the Dutch Authority for Financial Markets (Autoriteit Financiële Markten, the AFM) published its supervisory agenda for 2024 (the AFM Agenda 2024). The AFM Agenda 2024 outlines the financial sector’s trends and risks while detailing the AFM’s priorities and other important events for this year. The AFM Agenda
On 17 January 2024, the European Parliament and Council of the EU (Council) reached a provisional agreement on parts of the anti-money laundering (AML) package that aims to protect EU citizens and the EU’s financial system against money laundering (ML) and terrorist financing (TF). Under the new
On 16 January 2024, the European Banking Authority (EBA) published a report on specific aspects of the net stable funding ratio (NSFR) framework.
The report has been prepared in accordance with the mandates set out in Article 510 (4), (6) and (9) of the Capital Requirements Regulation (CRR). These
The FCA published Consultation Paper CP23/27 on 4 December 2023, setting out its proposals for reforming the commodity derivatives regulatory framework. In our new briefing note, we look at the background to the consultation, the key areas covered by the FCA’s proposals, and expected next steps.