Day: 1 July 2016

FATF reports on money laundering and terrorist financing risks for FinTechs

In a speech at the XXV International Financial Congress in St Petersburg on 1 July 2016, David Lewis, FATF Executive Secretary, highlighted the risks and opportunities of FinTech with a view to anti-money laundering and combatting the financing of terrorism. Lewis gave a brief overview of FATF and its work and eluded to the importance of financial inclusion for anti-money laundering …

FATF reports on money laundering and terrorist financing risks for FinTechs Read More »

Ready for the new Market Abuse Regulation? Applicable from 3 July!

Starting Sunday, 3 July, the new EU Market Abuse Regulation (MAR) is applicable in member states of the European Union. It brings significant changes to the existing Market Abuse regimes and if you haven’t done so yet, you should urgently make adjustments to your internal controls and procedures. Below is a summary of the key …

Ready for the new Market Abuse Regulation? Applicable from 3 July! Read More »

European Supervisory Authorities plan to issue Q&As on PRIIPS

The Joint Committee of the three European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – has published today a letter to the European Parliament and European Council on the supervisory convergence work by the ESAs in relation to the draft regulatory technical standards on Key Information Documents (KIDs) for Packaged Retail and Insurance-based Investment …

European Supervisory Authorities plan to issue Q&As on PRIIPS Read More »

ESMA reminds issuers Alternative Performance Measures Guidelines come into force on 3 July

The European Securities and Markets Authority (ESMA) wishes to remind listed issuers and persons responsible for drawing up prospectuses that its Guidelines on Alternative Performance Measures (APMs) come into force on 3 July 2016. An APM is a financial measure of historical or future financial performance, financial position, or cash flows other than a financial …

ESMA reminds issuers Alternative Performance Measures Guidelines come into force on 3 July Read More »

New EU rules to fight market abuse in Europe's financial markets take effect

The European Commission today published a statement in relation the new EU Market Abuse Regime. A revamped EU legal framework, applicable as of 3 July, will ensure even more efficient, transparent and trustworthy European financial markets. This new rulebook, will increase investor protection and confidence by allowing deeper and more integrated financial markets, and contribute …

New EU rules to fight market abuse in Europe's financial markets take effect Read More »

Consob provides information for notifications under Market Abuse Regulation

The Italian regulator Consob has published in relation to notifications under Market Abuse Regulation. From 3 July 2016 Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse (Market Abuse Regulation – MAR) is directly applicable in the entire European Union and the operators are obliged to comply with it fully. Starting …

Consob provides information for notifications under Market Abuse Regulation Read More »

ESMA proposes two amendments to natural person identifiers under MiFID II

The European Securities and Markets Authority has today submitted two amendments to the European Commission in relation to the draft regulatory technical standards on reporting obligations under Article 26 of the Markets in Financial Instruments Regulation- MiFIR (RTS 22). ESMA first submitted RTS 22 to the European Commission on 25 September 2015. The amendments concern …

ESMA proposes two amendments to natural person identifiers under MiFID II Read More »

ESAs write to Commission on delay to bilateral margin rules for derivatives

The Joint Committee of the three European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – has issued a joint letter to Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, on the delayed adoption of the joint draft regulatory technical standards on risk mitigation techniques for non-centrally cleared OTC derivatives. …

ESAs write to Commission on delay to bilateral margin rules for derivatives Read More »

PRA publishes latest monthly regulatory digest

The Prudential Regulation Authority (PRA) today published a regulatory digest for the month of June. The digest is for people interested in the UK financial services industry and highlights key regulatory news and publications delivered for the month. This months top news and publications include: Uncertainty, the economy and policy – speech by Mark Carney PRA publishes Annual Report and Accounts 2016 PRA publishes Annual Competition Report …

PRA publishes latest monthly regulatory digest Read More »

Scroll to Top

Add Article

Add your article to Planet Compliance.