4 October
UK
On 9 September 2024, the Financial Conduct Authority (FCA) published a Guidance Consultation, GC24/5, setting out proposed changes to its Payment Services and Electronic Money Approach Document to support new legislation to tackle authorised push payment (APP) fraud. The deadline for responses to GC24/5 is 4 October
On 3 October 2024, the European Securities and Markets Authority (ESMA) published a consultation paper on the review of regulatory technical standard 22 (RTS 22) on transaction data reporting under Article 26 and RTS 24 on order book data to be maintained under Article 25 of the revised text of the
On 3 October 2024, the European Banking Authority (EBA) issued a report on credit insurance.
Mandate
The EBA has prepared the report per the mandate given to it under the Capital Requirements Regulation 3 (CRR3), which requires the European Supervisory Authority to report to the European Commission on the eligibility and
On 30 September 2024, the European Securities and Markets Authority (ESMA) published its Annual Work Programme for 2025, which it says reaffirms its strategic orientation and commitment to safeguarding resilient, transparent and sustainable European financial markets.
ESMA explains that it will focus on key strategic priorities and the implementation of new mandates
On 30 September 2024, the European Banking Authority (EBA) published its work programme for 2025.
The work programme discusses the EBA’s priorities, with a brief overview of the priorities for 2025-2027 followed by a more detailed presentation of priorities for 2025. It then sets out its work under 19 activities, grouped in
On 25 September 2024, the European Union Agency for the Cooperation of Energy Regulators (ACER) published an Open Letter on the designation of representatives by non-EU market participants and on the new obligations of persons professionally arranging or executing transactions (PPAETs) as set out under the revised Regulation (EU) 1227/2011 on
On 30 September 2024, the European Commission adopted a Delegated Regulation supplementing the Regulation on markets in crypto-assets with regard to regulatory technical standards (RTS) specifying the requirements, templates and procedures for the handling of complaints relating to asset referenced tokens.
The RTS set out the handling of complaints and requirements related to
On 30 September 2024, the European Securities and Markets Authority (ESMA) issued a press release containing further details on the selection of Consolidated Tape Providers (CTPs) for bonds and for shares and exchange-traded funds (ETFs).
Key points from the communication include:
On 30 September 2024, the Single Resolution Board (SRB) issued a communication on the changes to its minimum requirements for own funds and eligible liabilities (MREL) requirements which are to be implemented in line with the Daisy Chains Act (Directive 2024/1174 amending Regulation 806/2014 (SRMR) and Directive 2014/59/EU (
On 26 September 2024, the European Central Bank (ECB) issued a paper which outlines how the European framework for threat intelligence-based ethical red teaming – the TIBER-EU framework – can help Member State competent authorities (NCAs) and financial entities fulfil the threat-led penetration testing (TLPT) requirements in the Digital