Financial Regulation Weekly Bulletin – 18 January 2024

1 min read

Includes developments in relation to: DORA; SDR; sustainable finance; CRR; CRD IV; P2P lending; crowdfunding; margin models; BMR; benchmarking; MiFID II; MiFIR; IDD; and AML/CTF.

General

  • DORA - ESAs publish first set of final draft RTS and ITS
  • SDR and investment labels - FCA establishes industry-led working group for financial advisers

Banking and Finance

  • CRR - EBA publishes report on specific aspects of the net stable funding ratio framework
  • CRR - EBA publishes Consultation Paper on targeted amendments to prudential valuation framework
  • Loan-based peer-to-peer lending platforms - FCA publishes portfolio letter setting out expectations
  • Investment-based crowdfunding platforms
  • FCA publishes portfolio letter setting out expectations

Securities and Markets

  • Transparency and responsiveness of initial margin in centrally cleared markets - BCBS, CPMI and IOSCO launch joint consultation
  • Streamlining variation margin processes and initial margin responsiveness of margin models in non-centrally cleared markets - BCBS and IOSCO publish report
  • BMR - ECON publishes draft report
  • MiFIR and MiFID II - European Parliament votes to adopt new rules on market data transparency

Insurance

  • IDD - EIOPA publishes second report on application

Financial Crime

  • AML/CTF - Council of the European Union and the European Parliament reach provisional agreement on proposed AML Regulation and MLD6

Enforcement

  • IDD - EIOPA publishes Annual Report on administrative sanctions and other measures