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
FSB finalized the toolkit of effective practices to assist financial institutions in their cyber incident response and recovery activities.
HKMA urged authorized institutions to take early action to adhere to the IBOR Fallbacks Protocol, which ISDA is expected to publish soon.
FSB published a global transition roadmap for London Inter-bank Offered Rate (LIBOR).
HM Treasury published a document that summarizes the responses received from a consultation on the approach of UK to transposition of the revised Bank Resolution and Recovery Directive (BRRD2).
HM Treasury published the government response to the feedback received on the consultation for updating the prudential regime of UK before the end of the Brexit transition period.
In a recent statistical notice, BoE announced publication of the reporting schedule for statistical returns for 2021.
EC welcomed the joint declaration by 25 EU member states on building the next generation of cloud in Europe.
PRA published the final policy statement PS22/20, which contains the updated supervisory statement SS12/13 on counterparty credit risk.
FSB published an update on its work to address market fragmentation. FSB is working in this area in collaboration with the other standard-setting bodies.
EBA proposed revisions to the guidelines on major incident reporting under the second Payment Service Directive (PSD2).