Global

  • 3 May 2024 – On 26 February 2024, the Financial Action Task Force announced it was considering revisions to Recommendation 16 (R.16), its Interpretive Note (INR.16) and the related glossary of specific terms, to adapt them to the changes in payment business models and messaging standards. The deadline for comments is 3 May 2024.

EU

  • 29 April 2024 – On 29 January 2024, the European Securities and Markets Authority launched public consultations on two sets of guidelines it is mandated to develop for the purpose of the application of the Regulation on Markets in Crypto-Assets. The draft guidelines cover reverse solicitation and the qualification of crypto-assets as financial instruments. Stakeholders have until 29 April 2024 to provide comments on the draft guidelines.
  • 30 April 2024 – On 20 February 2024, the European Banking Authority (EBA) published a consultation paper to consult on the draft implementing technical standards amending Commission Implementing Regulation (EU) 2021/637 to implement the disclosure requirements coming from the introduction of the new regulatory framework for operational risk in the Capital Requirements Regulation (CRR). The deadline for comments is 30 April 2024.
  • 1 May 2024 – Article 1, point 33, points (a) and (b), of the CSDR Refit Regulation come into force on 1 May 2024.
  • 3 May 2024 – On 1 February 2024, the EBA issued a consultation paper containing draft regulatory technical standards on the exemption from the residual risk add-on own funds requirements for certain type of hedges under Article 325u(4a) of the CRR. The deadline for comments is 3 May 2024.

UK

  • 30 April 2024 – On 8 February 2024, the Bank of England published two discussion papers on its Real Time Gross Settlement service operating hours and access policies. The deadline for responding to both discussion papers is 30 April 2024.
  • 30 April 2024 – On 31 January 2024, the Prudential Regulation Authority published Consultation Paper CP3/24 setting out its proposal for a new statement of policy that will outline the PRA’s approach to the granting of rule permissions made under Section 138BA of the Financial Services and Markets Act 2023. The consultation closes on 30 April 2024.
  • 30 April 2024 – On 19 March 2024, the Financial Conduct Authority (FCA) published a Guidance Consultation, GC24/1, on proposed amendments to FG21/4: Guidance for insolvency practitioners on how to approach regulated firms. The deadline for responses to GC24/1 is 30 April 2024.
  • 30 April 2024 – On 27 February 2024, the FCA published a Consultation Paper (CP24/2) proposing, amongst other things, a new approach to publishing its enforcement investigations. The FCA is asking for feedback on its proposals by 30 April 2024.
  • 3 May 2024 – On 28 February 2024, the Financial Markets Standards Board published for consultation a transparency draft of a standard for client onboarding documentation and processes. The deadline for comments is 3 May 2024.