The Central Bank of Ireland is consulting (CP 119) on the amendments of its regulations on Undertakings for Collective Investment in Transferable Securities (UCITS). Comment period ends on June 29, 2018.
The first section of the paper contains details of the amendments to take account of matters arising from the 2017 review of the Central Bank UCITS Regulations. The second section contains amendments required to implement the ESMA Opinion to national competent authorities on Share Classes of UCITS. The third section introduces new obligations (formerly Central Bank guidance) related to UCITS that charge performance-related fees. Finally, the fourth section sets out amendments as a result of the EU Money Market Funds (MMF) Regulation (Regulation 2017/1131), which came into force on July 20, 2017.
Comment Due Date: June 29, 2018
Keywords: Europe, Ireland, Securities, MMF Regulation, UCITS, ESMA Opinion, Central Bank of Ireland
Previous ArticleOCC Publishes Final Rule Revising the Stress Testing Regulation
RBNZ published the financial stability report for May 2020. This review of the financial system in the country highlights that the economic disruption associated with COVID-19 will present challenges to the financial system.
Financial policymakers and international standard-setters met virtually with private-sector executives to discuss international policy responses to COVID-19 pandemic.
HKMA is consulting on revisions to the Supervisory Policy Manual module CR-G-14 on margin and other risk mitigation standards for non-centrally cleared over-the-counter (OTC) derivatives transactions.
EBA published thematic note presenting a preliminary assessment of the impact of COVID-19 outbreak on the banking sector in EU.
HKMA published a circular, addressed to authorized institutions, on the application of the Basel Committee guidance on certain COVID-related measures.
PRA provided further information on the application of regulatory capital and IFRS 9 requirements to payment holidays granted or extended to address the challenges arising from COVID-19 outbreak.
PRA published final policy (in PS13/20) setting out the approach and expectations for authorization and supervision of insurance special purpose vehicles (ISPVs or insurance SPVs).
BoE published version 2.0.1 of the Capital+ XBRL Utility, along with the related release notes.
HKMA announced the publication of a report on fintech adoption and innovation in the banking industry in Hong Kong.
BIS published a working paper that examines the drivers of cyber risk, especially in context of the cloud services.