EBI Regulatory Report #102

Business graphs and charts on table. Financial development, Banking Account, Statistics

EBI Report
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(11 September 2022)

Professor Dr. Christos V. Gortsos and Georgios Zervakis, LLM candidate
(Law School, National and Kapodistrian University of Athens)

Main developments since 18 July 2022:

22 July 

  • ECB: Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) 
  • The ECB Survey of Professional Forecasters – Third quarter of 2022 
  • Financial Stability Board (FSB): Public responses to consultation on Supervisory and Regulatory Approaches to Climate-related Risks: Interim Report 
  • EBA analyses the use of specific exemptions included in the large exposures regime 
  • ESAs’ Board of Appeal dismisses case against EBA on alleged non-application of Union law regarding payment services 

21 July 

  • ECB: The Transmission Protection Instrument 
  • ECB: Monetary policy decisions 
  • Committee on Payments and Market Infrastructures (CPMI):Can multilateral platforms improve cross-border payments? 
  • EBA launches discussion on 2023 EU-wide stress test methodology 
  • EBA publishes final regulatory products to harmonise the supervisory review and evaluation process of investment firms 
  • The EBA observes a reduction of high earners in 2020 and a slight decrease of bonus levels in the context of the COVID-19 pandemic 
  • ESMA finds NCAs’ scrutiny and approval of prospectuses satisfactory 
  • ESMA and EBA publish guidelines to harmonise the supervisory review and evaluation process of investment firms 

20 July 

  • ESMA proposes key risk indicators for retail investors 

19 July 

  • ECB: The euro area bank lending survey – Second quarter of 2022 
  • ESMA publishes annual peer review of EU CCP supervision 

18 July 

  • IADI Fintech Brief No. 8 – Introductory Brief (Part II): Opportunities for Deposit Insurers (DepTech)