International Regulatory Updates
MARCH 15, 2013
Organizations will cooperate on promoting worldwide risk based supervision and fostering consumer protection
FRANKFURT, March 15, 2013 - The European Insurance and Occupational Pensions Authority (EIOPA) and the World Bank have signed an operational Memorandum of Understanding (MoU) to cooperate ...
FEBRUARY 28, 2013
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published a warning to retail investors about the dangers of investing in contracts for difference (CFDs).
The two authorities are concerned that during the current period of low investment returns, ...
FEBRUARY 22, 2013
EIOPA Report on Good Practices related to the provision of information for Defined Contribution (DC) schemes draws on the latest insights from behavioural economics and communication science to advise how information to pension scheme members should be presented;
EIOPA argues that effective infor ...
FEBRUARY 19, 2013
The European Securities and Markets Authority (ESMA) has published its Final Report on The Proxy Advisor Industry. The report contains an analysis of the responses received to its March 2012 consultation and sets out the next steps for ESMA and the industry.
The Report has found that there is no ...
FEBRUARY 14, 2013
The European Securities and Markets Authority (ESMA) has published today its first report on trends, risks and vulnerabilities in European Union (EU) securities markets and a risk dashboard for the 4th Quarter 2012. The report looks at the performance of securities markets in 2012, assessing both tr ...
FEBRUARY 12, 2013
The European Securities and Markets Authority (ESMA) has published a Call for Evidence on the evaluation of the Regulation (EU) No236/2012 on short selling and certain aspects of credit default swaps (SSR). This follows receipt of a formal mandate from the European Commission (EC) seeking technical ...
FEBRUARY 06, 2013
HM Revenue & Customs has announced that it formally recognises as a stock exchange a new joint-venture listing entity unveiled last year by Ireland and Malta.
Read full Article. ...
FEBRUARY 04, 2013
Inside this issue:
Joint Press Release by The Central Bank of Malta and the Malta Financial Services Authority on the establishment of a Joint Financial Stability Board
New US Dollar Funding Rules for Banks
Industry update on the Alternative Investment Fund Management Directive (‘AIFMD� ...
JANUARY 23, 2013
The EBA adopted a formal Recommendation to ensure that major EU cross-border banks develop group recovery plans by the end of 2013. The plans shall be submitted to the respective competent authorities and discussed within colleges of supervisors. The aim of the Recommendation is to spur the developm ...
JANUARY 21, 2013
The European Securities and Markets Authority (ESMA) has today published a review of 2011 IFRS financial statements related to impairment testing of goodwill - the value of intangible assets which has a quantifiable value - and other tangible assets. The review, which looked into the accounting prac ...
