BANKING

Delegated Regulation on classes of arrangements protected in partial property transfers under BRRD published in OJ

The Commission Delegated Regulation ((EU) 2017/867) on classes of arrangements to be protected in a partial property transfer under Article 76 of the Bank Recovery and Resolution Directive (2014/59/EU) (BRRD) has been published in the Official Journal of the EU. OJEU, 20 May 2015

INVESTMENTS AND FUNDS

ESMA opinion on meaning of traded on a trading venue for OTC derivatives under MiFID II

ESMA has published an opinion to clarify the concept of traded on a trading venue (TOTV) in respect of OTC derivatives under the MiFID II Directive and the Markets in Financial Instruments Regulation.

In ESMA's view, only OTC derivatives sharing the same reference data details as the derivatives traded on a trading venue should be considered to be TOTV and, therefore, subject to the MiFIR transparency and transaction reporting requirements. ESMA, 22 May 2017

FSB and CGFS joint report on FinTech credit

The Financial Stability Board and the Committee on the Global Financial System (CGFS) have published a report on FinTech credit. The report has been produced by a working group established by the FSB and CGFS. It aims to help policymakers understand the functioning of FinTech credit markets. Financial Stability Board, 22 May 2017