ESMA published the regulatory work program for 2019. The work program provides an overview of ESMA’s Single Rulebook work. It lists all the technical standards and technical advice that ESMA has been mandated to draft by the relevant legislation. Among others, this work program lists planned activities in the areas of STS Securitization Regulation, Capital Requirements Regulation, and Sustainable Finance Action Plan.
Annex I of the regulatory work program lists the mandates for technical standards and technical advice that are contained within legislative proposals. ESMA will begin work on those mandates once the legislation has been adopted. Annex II gives the full references for the legislation in force that is referred to in this regulatory work program. Finally, Annex III gives the full references for the legislative proposals that have not yet been adopted.
Related Link: Regulatory Work Program
Keywords: Europe, EU, Banking, Securities, CRR, Securitization Regulation, Sustainable Finance, ESMA
HKMA has published a circular that sets out the regulatory and reporting treatment for loans that participating authorized institutions may grant to eligible borrowers under the 100% Personal Loan Guarantee Scheme.
ECB published the results of the assessment of internal models that banks use to calculate risk-weighted assets for credit, market, and counterparty credit risks.
PRA published a statement on the regulatory treatment of retail residential mortgage loans under the Mortgage Guarantee Scheme, or MGS.
FCA is consulting, via CP21/7, on the second phase of proposed rules to introduce the UK Investment Firm Prudential Regime (IFPR).
HM Treasury and BoE announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential central bank digital currency in UK.
EIOPA published an opinion to set out its expectations on the supervision of the integration of climate change risk scenarios by insurers in their Own Risk and Solvency Assessment (ORSA).
Bundesbank published two circulars on AnaCredit reporting requirements. Circular 27/2021 covers changes to the reporting of branches, additional attributes to be reported for investment funds from August 01, 2021, and updates to the list of international organizations.
EC published the Implementing Regulation 2021/622 that lays down implementing technical standards for reporting of the minimum requirement for own funds and eligible liabilities (MREL).
BCBS has set out the strategic work priorities, as part of its the work program for 2021-22.
PRA published the policy statement PS8/21, which contains the final supervisory statement SS3/21 on the PRA approach to supervision of the new and growing non-systemic banks in UK.