- Most Member States have implemented the derogation under
EBA report on the application of derogations to the deferral and pay out in instruments
AFM publishes 10 waypoints for CSRD reporting
The Corporate Sustainability Reporting Directive (CSRD) will come into effect for large listed companies for the 2024 financial year. According to the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) an important part of the CSRD is the double materiality analysis. The aim is to demonstrate what effect
Navigating DORA: Essential steps for financial enterprises
As the deadline of 17 January 2025 for the Digital Operational Resilience Act (DORA) approaches, financial undertakings must intensify their efforts to meet its stringent requirements. Both the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB
NGFS publishes an information note on “Improving Greenhouse Gas Emissions Data”
- Outlines the use cases of Greenhouse Gas (GHG) emission data by supervisors, regulators and central banks. It describes the different countries’ experience about the availability, sources,
Basel Committee makes targeted adjustments to its standard on IRRBB
On 16 July 2024, the Basel Committee on Banking Supervision (Basel Committee) announced that it had made targeted adjustments to the specified interest rate shocks in the interest rate risk in the banking book (IRRBB) standard.
The IRRBB standard requires banks to calculate measures of interest rate risk for their banking
FSB consults on recommendations related to data flows and regulation and supervision in cross-border payments
On 16 July 2024, the Financial Stability Board (FSB) issued consultation reports on proposed recommendations intended to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.
The recommendations regarding data frameworks follow an FSB stocktake of national and
ESMA consults on firms’ order execution policies under MiFID II
On 16 July 2024, the European Securities and Markets Authority (ESMA) published a consultation paper on draft technical standards specifying the criteria for how investment firms establish and assess the effectiveness of their order execution policies.
During its work related to the MIFID II best execution requirements and more profoundly by Member State
EBA consults on amending ITS on the joint decision process for internal model authorisation
On 16 July 2024, the European Banking Authority (EBA) issued a consultation paper on draft implementing technical standards (ITS) amending Commission Implementing Regulation (EU) 2016/100 specifying the joint decision process with regard to the application for certain prudential permissions pursuant to the Capital Requirements Regulation (CRR).
Commission Implementing Regulation
FCA and PSR launch call for information on big tech and digital wallets
On 15 July 2024, the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) published a call for information on the benefits and risks that digital wallets bring to people and businesses.
The FCA and PSR highlight that digital wallets have become one of the most significant ways in
EBA consults on NCA’s data reporting guidelines under MiCAR
On 15 July 2024, the European Banking Authority (EBA) issued a consultation paper containing draft guidelines on templates to assist Member State competent authorities in performing their supervisory duties regarding issuers’ compliance under Titles III and IV of the Regulation on markets in crypto-assets (MiCAR).
The draft guidelines specify the content