On 11 October 2024, the Basel Committee on Banking Supervision (Basel Committee) published a report providing an update to G20 Finance Ministers and Central Bank Governors on its analytical work of the 2023 banking turmoil. Specifically, the report provides an update on the analytical work on liquidity risk dynamics that were observed during the turmoil
On 8 October 2024, the Council of the EU announced that it has adopted the listing act, a legislative package that is intended to make EU public capital markets more attractive for EU companies and facilitate the listing of companies of all sizes, including SMEs, on European stock exchanges. Following the Council’s adoption, the
On 11 October 2024, the European Securities and Markets Authority (ESMA) issued its first consolidated report on sanctions imposed by Member State competent authorities in 2023.
In all 976 administrative sanctions and measures were taken by Member State competent authorities (NCAs).
The purpose of the report is to foster discussion among
On 9 October 2024, the European Commission adopted a Delegated Regulation supplementing the Markets in Crypto-Assets Regulation (MiCAR) with regard to regulatory technical standards (RTS) on information to be exchanged between Member State competent authorities (NCAs). The Delegated Regulation has been developed by the European Securities and Markets Authority
On 9 October 2024, the European Banking Authority (EBA) published final guidelines on the content of the redemption plan to be developed by issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs). The Guidelines are addressed to Member State competent authorities (NCAs) and issuers of ARTs and
On 9 October 2024, the European Commission (Commission) published a targeted consultation on the functioning of the EU securitization framework. The Commission writes that the size of the European securitisation market has decreased significantly since the 2008-2009 global financial crisis while the securitisation markets outside the EU have fully recovered and surpassed pre-crisis
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
On 7 October 2024, the Joint Committee of the European Supervisory Authorities (ESAs) issued its work programme for 2025.
Among other things the work programme notes that the ESAs will focus on:
On 7 October 2024, the European Securities and Markets Authority (ESMA) issued its first EU carbon markets report.
The report provides details and insights into the functioning of the EU Emissions Trading System (EU ETS) market.
It has four key sections covering prices and volatility, auctions, secondary markets trading and
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