As German financial regulator BaFin awaits a drastic overhaul of its supervisory powers, the European Securities and Markets Authority has criticised it and accounting watchdog FREP for their “unaligned” handling of the Wirecard accounting scandal.
05 November 2020
Regulators should focus on attracting talent that can develop tailored suptech tools, according to a new report from the Financial Stability Board.
12 October 2020
In a move that could allow European investors to avoid publicly disclosing certain UK-based transactions, the European Securities and Markets Authority has confirmed it will assess UK trading venues before the end of the year – as the regulator gets greater powers to monitor non-EU firms transacting in the bloc.
05 October 2020
The EU’s securities regulator has said benchmark administrators should explain in detail any deviations from their methodology in times of extreme market conditions, after financial institutions noted rebalancing delays at the onset of the covid-19 crisis.
01 October 2020
O’Melveny & Myers partner Stevan Bunnell has joined Facebook’s cryptocurrency project Libra as chief legal officer, while the European Securities and Markets Authority has nominated members for the central counterparties supervision committee formed under last year’s EMIR revision.
04 September 2020
The European Securities and Markets Authority (ESMA) has confirmed that aspects of the upcoming securitisation regulation will come online later this month, shortly after the EU delayed the entry into force of the Central Securities Depositories Regulation (CSDR) settlement discipline regime.
04 September 2020
Banks should publish the research that informs their climate-related and environmental risk assessments, the European Central Bank has said.
22 May 2020
Six European countries are ending short-selling bans imposed at the outset of the covid-19 crisis.
20 May 2020
Regulators around the world are delaying long-planned reforms, cancelling stress tests and reducing or eliminating capital buffer requirements as financial institutions grapple with the economic impact of the Covid-19 outbreak.
20 March 2020
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