The European Securities and Markets Authority (ESMA) updated the reporting manual to assist issuers and software vendors to comply with the regulatory technical standards on the European Single Electronic Format or ESEF. ESMA also updated the sets of questions and answers (Q&As) on certain regulations under its purview, including Q&A on the Benchmarks Regulation. The Q&A update relates to the disclosure requirements for an administrator of the EU Climate Transition Benchmark (EU CTB) or an EU Paris-aligned Benchmark. The regulatory Q&As are intended to answer queries raised by market participants, in an effort to promote common, uniform, and consistent supervisory approaches and practices in the day-to-day application of the respective regulations.
Keywords: Europe, EU, Banking, Securities, ESEF, Benchmarks Regulation, Reporting, Climate Change Risk, Q&A, Climate Transition Benchmarks, ESG, ESMA
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The Australian Prudential Regulation Authority (APRA) released the final Prudential Practice Guide on management of climate change financial risks (CPG 229) for banks, insurers, and superannuation trustees.
The European Council adopted its position on two proposals that are part of the digital finance package adopted by the European Commission in September 2020, with one of the proposals involving the regulation on markets in crypto-assets (MiCA) and the other involving the Digital Operational Resilience Act (DORA).
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The European Commission (EC) has adopted a package of measures related to the Capital Markets Union.
The European Banking Authority (EBA) published the final report on draft regulatory technical standards for the calculation of risk-weighted exposure amounts of collective investment undertakings or CIUs, in line with the Capital Requirements Regulation (CRR).
The Board of Governors of the Federal Reserve System (FED) published a report that summarizes banking conditions in the United States, along with the supervisory and regulatory activities of FED.
The Australian Prudential Regulation Authority (APRA) recently completed two pilot initiatives in its 2020-2024 Cyber Security Strategy, which was published in November 2020.
The Basel Committee on Banking Supervision (BCBS) published further information related to its 2021 assessment of global systemically important banks (G-SIBs), with additional details to help understand the scoring methodology.
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US Agencies issued a statement that summarizes the work undertaken during the interagency policy sprints focused on crypto-assets and provides a roadmap of future work related to crypto-assets.