BANKING

ECB Guideline on less significant institutions published in the Official Journal

A guideline and recommendation have been published by the ECB on the exercise of options and discretions available in European Union law by national competent authorities in relation to less significant institutions in the Official Journal of the EU.

ECB, 13 April 2017

 

Delegated Regulation laying down PRIIPs RTS published in the Official Journal

Commission Delegated Regulation 2017/653 has been published in the Official Journal, and shall apply from 1 January 2018. Article 14(2), relates specific information on each underlying investment option, and shall apply until 31 December 2019.

Official Journal, 13 April 2017

 

EBA calls for papers on quantitative models in financial regulation

The European Banking Authority has launched a call for research papers on ‘The future role of quantitative models in financial regulation.' The workshop will discuss how the financial sector is evolving in the use of quantitative modelling, and future challenges for firms and their regulators. The submission deadline is 4 August 2017.

EBA, 13 April 2017

 

Minutes of FCA board meeting on 22 and 23 February 2017

The FCA has published the minutes of its board meeting on 22 and 23 February 2017.

FCA, 13 April 2017

 

European Parliament extends scrutiny period for Commission Delegated Regulation amending list of high-risk third countries under MLD4

The European Parliament has updated its procedure file on the Commission Delegated Regulation amending Commission Delegated Regulation 2016/1675 supplementing the Fourth Money Laundering Directive 2015/849.

European Parliament, 13 April 2017

 

PSR consults on approach to monitoring and enforcing under PSRs 2017

A consultation paper has been published by the Payment Systems Regulator on its approach to monitoring and enforcing the regulations that it is responsible for under the draft Payment Service Regulations 2017.

PSR, 13 April 2017

 

FCA feedback on first round of annual conduct meetings and how firms are addressing the five conduct questions

The FCA has published new webpages following its first round of annual conduct meetings, aimed at helping understand how firms have considered the FCA's five conduct questions and the measures being taken taking to improve conduct in their firms.

FCA, 12 April 2017

 

FCA consults on implementation of PSD2

The FCA has published a consultation paper on the implementation of the revised Payment Services Directive 2015/2366, which must be implemented by EU member states by 13 January 2018.

FCA, 13 April 2017

 

The FCA publishes its Mission and Business Plan

The FCA has published its Mission, giving firms and consumers greater clarity about how its interventions in financial markets are prioritised.

FCA, 18 April 2017

 

INVESTMENTS AND FUNDS

FCA update on Benchmarks Regulation: April 2017

The FCA has published an update on the Regulation on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds.

FCA, 13 April 2017