EPC publishes response to EBA consultation on RTS specifying the requirement on strong customer authentication and secure communication under PSD2
The European Payments Council has published its response to the EBA's consultation on draft regulatory technical standards (RTS) on strong customer authentication and common and secure communication under the Directive on payment services in the internal market.
European Payments Council, 21 October 2016
FCA regulation round-up October 2016
The FCA has published its regulation round-up email which it sends to all regulated firms with news affecting the sector.
FCA, October 2016
Alasdair Smith speech on the expected impact of the CMA’s banking investigation
The Competition and Markets Authority has published a speech given by Alasdair Smith, CMA Inquiry Chair, at the Beesley Lectures.
Competition and Markets Authority, October 2016
CML - Gross mortgage lending reaches £20.5 billion in September
The Council of Mortgage Lenders has estimated that gross mortgage lending reached £20.5 billion in September, 7% lower than August and 2% higher than September 2015.
Council of Mortgage Lenders, October 2016
PSR announces chair for new Payment System Operator Delivery Group
The Payment Systems Regulator has announced the membership of a Payment System Operator (PSO) Delivery Group to oversee the proposed consolidation of Bacs, Faster Payments Service and Cheque and Credit Clearing Company.
The Payment Systems Regulator, 21 October 2016
EC Implementing Regulation amending ITS on templates for submission of information to supervisory authorities under Solvency II published
Commission Implementing Regulation (EU) 2016/1868 amending Implementing Regulation (EU) 2015/2450, laying down implementing technical standards (ITS) with regard to templates for the submission of information to supervisory authorities under the Solvency II Directive has been published in the Official Journal.
Official Journal of the European Union, 21 October 2016
INVESTMENTS AND FUNDS
European Parliament does object to Regulation supplementing the PRIIPs regulation regarding product intervention
The European Parliament has decided not to object to the Commission Delegated Regulation supplementing the Regulation on key information documents (KIDs) for packaged retail and insurance-based investment products (PRIIPs) in relation to product intervention.
European Parliament, 21 October 2016
MAR corrigendum published
A corrigendum to the Market Abuse Regulation has been published in the Official Journal.
Official Journal of the EU, 21 October 2016
ESMA publishes guidelines on market soundings and delayed disclosure of inside information under MAR
ESMA has published final guidelines under the Market Abuse Regulation in relation to the following:
- Persons receiving market soundings (ESMA/2016/1477).
- Delay in the disclosure of inside information (ESMA/2016/1478).
ESMA, October 2016