1 min read
Includes developments in relation to: European single access point; Rule Review Framework; CRD IV; Financial Conglomerates Directive; UK Special Resolution Regime; IRB approaches; MiFID II; MiFIR; CCP Special Resolution Regime; DAML exemptions; and motor finance complaints.
General
- European single access point - ESAs launch consultation
- Rule Review Framework - final version published by FCA
Banking and Finance
- Supervisory colleges under CRD IV - EBA publishes draft RTS and ITS
- FRTB reporting - EBA publishes draft ITS
- Financial conglomerates - ECB publishes final guide on significant risk concentrations and intragroup transactions
- Enhancing the Special Resolution Regime - HM Treasury launches consultation
- Resourcing of approvals of IRB approaches and impact of countercyclical capital buffer - PRA responds
- Supervision of UK deposit-takers - PRA sets out priorities for 2024 in Dear CEO letter
- Supervision of international banks - PRA sets out 2024 priorities in Dear CEO letter
- Supply of card-acquiring services - PSR consults on changes to specific directions
Securities and Markets
- Post-trade transparency under MiFID II and MiFIR - ESMA updates manual
- MiFIR waivers from pre-trade transparency - ESMA updates opinion
- MiFID II - ESMA announces common supervisory action on pre-trade controls
- CCP Special Resolution Regime - HM Treasury publishes Code of Practice
Insurance
- Supervision of insurers - PRA sets out 2024 priorities in Dear CEO letter
Financial Crime
- Money laundering reporting in relation to DAML exemptions - Home Office publishes guidance
Enforcement
- Conduct rule breaches - PRA publishes final notice and imposes financial penalty with respect to former bank CEO
- Motor finance - FCA announces new work and publishes Policy Statement (PS24/1) introducing temporary changes