General
- ESFS omnibus proposals – Council of the EU adopts text
- Cyber resilience – FCA publishes questionnaire
Brexit
- UK CCPs – European Commission confirms intention to extend temporary equivalence decision and recognition
Banking and Finance
- Open banking – Basel Committee publishes report
- Capital Markets Union – European Commission announces composition of a high-level forum
- Basel III reforms – European Commission consults on inception impact assessment
- Risk Reduction Measures Package – EBA publishes roadmaps
- Fundamental Review of the Trading Book – EBA launches consultation on specific supervisory reporting requirements for market risk
- LIBOR transition – FCA publishes statement on conduct risk
- Next steps in transition from LIBOR – speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy at the FCA
- Pre-cessation triggers for IBORs – FSB publishes letter to ISDA
- 2019 SEPA payment scheme rulebooks – EPC announces entry into force
- CRM fee for ‘no blame’ victims – Pay.UK publishes report and recommendations
- BRRD II – FMLC publishes letter on legal uncertainties
- Case C-255/18 State Street Bank International GmbH v Banca d’Italia
Securities and Markets
- CSDR – ICMA announces intention to update buy-in rules
- Securitisation Regulation – ESMA updates Q&As on disclosure requirements
- CSDR Penalties Framework – ECSDA publishes updated version
- Cryptoassets and smart contracts – UK Jurisdiction Taskforce publishes legal statement on status
Asset Management
- Responsible investment framework – launched by IA
Insurance
- Recovery planning – IAIS publishes application paper
- Liquidity risk management – IAIS consults on draft application paper
- ICPs 1 and 2 – IAIS publishes peer review
- Risk-based global insurance capital standard – IAIS publishes comments and feedback to consultation
- Global frameworks on IAIGs and systemic risk – IAIS publishes comments and feedback to consultation
- Solvency II - Implementing Regulation published in Official Journal
- Solvency II Delegated Regulation – PRA publishes statement on the impact on the calculation of the SCR
- FCA Finalised Guidance FG19/5 - The GI distribution chain: Guidance for insurance product manufacturers and distributors
Financial Crime
- Financial Action Task Force strategic review – speech by David Lewis, Executive Secretary of the FATF
Enforcement
- Anti-competitive arrangements in the financial services sector – CMA updates case timetable
- Lack of integrity – FCA and PRA publish provisional Decision Notice imposing prohibition order and fining a former CEO of a mutual insurance firm
- Failure to treat customers fairly - FCA fines Henderson Investment Funds Limited £1.9 million
Contacts
Selmin Hakki (professional support lawyer)
