1 min read
Includes developments in relation to: CRR III; cryptoassets; MIFID II; FSMA; and anti-money laundering
General
- MiCA - European Commission adopts Delegated Regulations on classification of ARTs and EMTs, product intervention powers, supervisory fines and fees
- Strategic approach to AI - Information request sent to FCA and Bank of England
- Operating a pensions dashboard service - new regulated activity
- Review of PRA rules - Policy statement published
- Consumer duty implementation and closed products - FCA publishes review findings and speech
- Digital assets and personal property rights - Law Commission consults
Banking and Finance
- CRR III - EBA consults on amendments to operational risk supervisory reporting requirements and business indicator
- ECB internal models under SSM - Final guide published
- Supervision of third-country banks in EU - ECB publishes memorandum of cooperation
- Interest-only mortgages - FCA launches industry working group
- Fair business banking - APPG publishes report on de-banking
Securities and Markets
- MiFID II market data access and transparency - Council of EU adopts proposed Directive and Regulation
- Approach to discretionary payments by CCPs - Bank of England publishes policy statement
Asset Management
- Proposed Directive amending AIFMD and UCITS Directive - Council of EU publishes text
Financial Crime
- Proposed AMLA Regulation - Council of EU publishes text of political agreement
Enforcement
- Insider dealing and fraud - Investment analyst found guilty