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  • Article

    EBA Publishes Final Report On Provision Of Information In Summary Or Collective Form

    On April 19, 2016, the European Banking Authority published its final report providing guidelines on the provision of information in summary or collective form for the purposes of Article 84(3) of Directive 2014/59/EU.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    EBA Publishes Guidance On How To Determine Whether A Firm Is Failing Or Likely To Fail Under The BRRD

    On May 26, 2015, the European Banking Authority (EBA) published its final guidelines (EBA/GL/2015/07) on how to determine whether an institution is failing or likely to fail for the purposes of the BRRD.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    EBA Revises Implementing Technical Standards On Supervisory Reporting

    On September 10, 2015, the European Banking Authority (EBA) issued a revised list of validation rules in its implementing technical standards on supervisory reporting under the Capital Requirements Regulation.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    EBA Updates Single Rulebook Q&As

    On February 14, the European Banking Authority published over 70 answers on the issue of supervisory reporting including common reporting, financial reporting, leverage, liquidity and large exposures.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ECB Administrative Board Of Review Formally Established

    A Decision of the ECB on the establishment of an administrative board of review and its operating rules was published in the Official Journal of the European Union.
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    ECON Adopts Resolution On CMU

    On June 16, 2015, the European Parliament published a press release announcing that its Economic and Monetary Affairs Committee (ECON) has adopted a resolution on the capital markets union (CMU).
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ECON Publishes Draft Reports On Regulation On Banking Structural Reforms And Regulation On Securities Financing Transactions

    Each of the draft reports contains a European Parliament legislative resolution on each of the Regulations which set out suggested amendments to the European Commission’s original proposals.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ECON Report On Proposed Directive On Payment Accounts

    On November 20, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) published its report (dated November 19) on the proposed Directive on payment accounts.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ECON Votes In Favor Of The MIF Regulation

    On January 27, the Economic and Monetary Affairs Committee released a press release stating that it had voted in favour of the proposed Regulation on multilateral interchange fees.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ESAs’ Joint Committee Publishes Report On Risks And Vulnerabilities In The EU Financial System

    On September 22, the Joint Committee of the European Supervisory Authorities published its bi-annual report on the risks and vulnerabilities in the EU financial system.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ESMA Consults On Remaining MiFID II Draft ITS

    On August 31, 2015, the European Securities and Markets Authority (ESMA) published a consultation paper on the remaining draft implementing technical standards...
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ESMA Guidelines For Assessment Of Knowledge And Competence Under MiFID II

    On December 18, the European Securities and Markets Authority ("ESMA") published a final report on guidelines for the assessment of knowledge and competence under the MiFID II Directive (2014/65/EU) ("Directive").
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ESMA Produces Guideline On AIFMD Reporting Obligations

    On October 1, the European Securities and Markets Authority published guidelines on reporting obligations under Articles 3 and 24 of the Alternative Investment Fund Managers Directive in Annex II of its final report.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ESMA Publishes 17th Extract From EECS' Enforcement Decisions

    The aim of the publication is to provide issuers and users of financial statements with relevant information on the appropriate application of the IFRS.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    ESMA Updates MiFIR Data Reporting Q&As: July 2019

    On July 29, ESMA published an updated version of it Q&As on data reporting under the Markets in Financial Instruments Regulation (MiFIR) ((EU) 600/2014).
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    EU Equivalence Decision On Recognized Third Countries For Treatment Of Exposures Of Banks

    On February 17, 2016, a Commission Implementing Decision was published in the Official Journal of the European Union, updating the list of third countries with equivalent regulatory arrangements...
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    EU Regulation On Currencies With Constraints On Availability Of Liquid Assets Published

    On December 16, 2015, the Regulation setting out Implementing Technical Standards for currencies with constraints on the availability of liquid assets under the CRR was published in the Official Journal of the European Union.
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    EU Regulation On Joint Processes For The Application Of Prudential Permissions Published In Official Journal Of European Union

    On January 28, 2016, a Regulation was published in the Official Journal of the European Union, setting out ITS on the joint decision process for the application for certain prudential permissions under the CRR.
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    EU Regulation Supplementing Bank Recovery And Resolution Directive Published

    The BRRD requires firms to identify all of the critical functions within the firm or its group in the firm's recovery plan to aid the assessment of how a critical function could be continued when the firm is under financial stress.
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    EU Regulations On Prudent Valuations Published In Official Journal Of European Union

    On January 28, 2016, a Regulation setting out Regulatory Technical Standards for prudent valuations under the CRR was published in the Official Journal of the European Union.
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman

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