On 5 July 2024, the European Banking Authority (EBA) issued a press release announcing that it had published for informal consultation its draft methodology, templates and guidance for the 2025 EU-wide stress test.
Among other things the press release notes that the EBA is making a number of changes following the 2023 exercise.
On 5 July 2024, the FCA published a Direction it had made under regulation 67A(2) of The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (the Regulations).
The Direction provides that the operator of: (i) a stand-alone scheme that is a recognised scheme by virtue of regulation 62 of the Regulations; or (ii)
On 4 July 2024, the European Banking Authority (EBA) issued new guidelines on the ‘travel rule’.
The EBA publicly consulted on a draft version of the guidelines between 24 November 2023 and 26 February 2024. A public hearing took place on 17 January 2024.
The guidelines specify which information should accompany a transfer
On 3 July 2024, the European Securities and Markets Authority (ESMA) issued its second final report on the Markets in Crypto-Assets Regulation (MiCAR).
The publication of the final report follows a consultation that ESMA conducted between 15 October 2023 to 14 December 2024.
The final report contains draft regulatory technical standards
On 3 July 2024, the European Systemic Risk Board (ESRB) published a summary compliance report which provides a second assessment of implementing actions taken, following ESRB Recommendation on guidance for setting countercyclical buffer rates. The report assesses compliance with the Recommendation based on submissions to the ESRB Secretariat using a dedicated template. The
On 3 July 2024, the EU Agency for the Cooperation of Energy Regulators (ACER) published its slides and minutes for a joint roundtable that it held on 29 May 2024 with Associations of Energy Market Participants, Organised Market Places (OMPs) and Registered Reporting Mechanisms on the implications of REMIT 2 (Regulation
In our latest Global Regulation Tomorrow Plus podcast, Anna Carrier, Nikolai de Koning, Sebastien Praicheux and Simon Lovegrove discuss the first milestone of Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR).
Listen to the episode here.