Some approaching compliance deadlines and Central Bank speeches
Asset Management & Investment FundsESA consultation on KIDs for PRIIPs; ESMA Update on Brexit; Use of derivatives by equity UCITS; ESMA TRV; Benchmarks; ESMA work programme; Joint Committee of ESAs work programme; AML/ CTF.
Asset Management & Investment FundsWhat is the Senior Executive Accountability Regime or SEAR?
Asset Management & Investment FundsOn 19 October 2019, after a day in the House of Commons which the UK Prime Minister Boris Johnson must have found frustrating (because the Meaningful Vote on his Revised Withdrawal Agreement did not take place), the Prime Minister sent an unsigned letter to the President of the European Council.
BrexitThe Irish Minister for Finance and Public Expenditure & Reform, Mr Paschal Donohoe, made his Budget speech to the Irish Parliament on Tuesday 8 October 2019 and published the Finance Bill 2019 on 17 October 2019.
FinanceLet us assume that the negotiators in the “tunnel” agree a deal, then what happens next?
BrexitCustoms unions might be described as a form of free trade agreements (FTA) in which parties to such an agreement agree to provide each other with certain trade benefits such as no tariffs on trade in goods within such a union.
EU, Competition & ProcurementAt a domestic level, the Register of Beneficial Owners went live and the Central Bank finalised its Anti-Money Laundering Guidelines. At EU level, the ECB made some statements in relation to 'stablecoins' and there were a number of different surveys and reports published relating to the future of the financial system.
Financial RegulationThis month, the Central Bank publishes new rules to be included in the Consumer Protection Code 2012 and the Central Bank Deputy Governor voiced concern over readiness of insurance companies for Brexit; EIOPA published an opinion on sustainability within Solvency II and published a report on cyber resilience frameworks for insurers
Financial RegulationOn the domestic front: CBI issued a consultation paper CP130 on the treatment, correction and redress of errors in investment funds; plus details of CBI deadlines for Christmas 2019 and more. In European News, ESMA issued guidelines on liquidity stress testing in UCITS and AIFs and details on China's foreign exchange...
Financial RegulationThis month, the Central Bank introduced an addendum to its Consumer Protection Code which includes new rules around the payment of commission to financial intermediaries; At EU level, ESMA issued its latest double volume cap data.
Financial RegulationThis month, the Credit Reporting Act 2013 was amended to avoid duplication for lenders or other CIPs subject to other verification obligations; At EU level, the ECB introduced a two-tier system for remunerating excess liquidity holdings and made comments in relation to future concerns around the financial system.
Financial Regulation
