On 13 November 2024, the Financial Stability Board (FSB) issued a public statement that sought to clarify the importance of resolution preparedness for those banks that are not global systemically important (G-SIB) but may be systemically significant or critical if they fail.
The public statement is informed by a workshop that
On 11 November 2024, the International Organization of Securities Commissions (IOSCO) issued a consultation report on revised recommendations for liquidity risk management for collective investment schemes (CIS), especially for open-ended funds. IOSCO is also consulting on complementary guidance for the effective implementation of the recommendations for liquidity risk management.
The recommendations
On 30 October 2024, the Dutch Authority for the Financial Markets (Autoriteit Financiele Markten, AFM) released findings from its exploratory study on the rising number of fund managers operating under the so-called Alternative Investment Fund Managers Directive (AIFMD) light regime. The AIFM-light regime applies to smaller fund managers with assets under €100 million
On 28 October 2024, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) published the results of an explorative study (in the form of a report) into how asset managers deal with the availability, reliability and comparability of Environmental, Social and Governance (ESG) data. The study
On 28 October 2024, the Dutch Central Bank (De Nederlandsche Bank, DNB) published their findings from its sector-wide self-assessment on Environmental, Social, and Governance (ESG) risk integration among pension funds. The report reveals that while many pension funds have taken steps to incorporate ESG risk into their policies, there is still a
On 17 October 2024, the Financial Stability Board (FSB) issued a consultation on a Format for Incident Reporting Exchange (FIRE).
FIRE is a common format for financial firms’ reporting of operational incidents, including cyber incidents. It provides a set of common information items for reporting incidents but does not define common
On 9 October 2024, the International Organization of Securities Commissions (IOSCO) issued its final report on investor education surrounding crypto-assets.
The report follows up on an earlier report published in 2020 and provides updated information on crypto-assets that will be useful to regulators when designing investor education initiatives for retail investors. The report