EBI Regulatory Report #112

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
(12 November 2022)

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

All previous entries have been put in two archives, which can be retrieved here.

Main developments during the week 7-11 November 2022: 

11 November 

  • Letter from the ECB President to Mr Markus Ferber, MEP, on climate change 
  • European Commission: Autumn 2022 Economic Forecast: The EU economy at a turning point 
  • Financial Stability Board (FSB) Chair writes to G20 Leaders ahead of the Bali Summit 

10 November 

  • ECB Guideline ECB/2022/39 amending Guideline ECB/2022/8 on a new generation TARGET 
  • ECB Decision ECB/2022/38 amending Decision ECB/2022/22 on terms and conditions of TARGET-ECB 
  • FSB Europe Group: discussion on financial stability outlook and policies to address risks from crypto-asset activities 
  • FSB: policy proposals to address systemic risk in non-bank financial intermediation 

9 November 

  • ECB Consumer Expectations Survey results – September 2022 
  • EBA: commitment to contribute to a more resilient and sustainable financial system 
  • IOSCO: regulatory priorities for sustainability disclosures, mitigating greenwashing and promoting integrity in carbon markets 
  • IOSCO: consultation on the development of sound and well-functioning carbon markets 

8 November 

  • Banking sector: Council agrees its position on the implementation of Basel III reforms 
  • Several Commission Delegated and Implementing Regulations supplementing Regulation (EU) 2020/1503 of the European Parliament and of the Council  

7 November  

  • Decision (EU) 2022/2128 of the ECB of 27 October 2022 amending Decision (EU) 2019/1311 on a third series of targeted longer-term refinancing operations (ECB/2019/21) (ECB/2022/37) (OJ L 285, 7.11.2022, pp. 15-30) 
  • Written overview ahead of the exchange of views of the Chair of the Supervisory Board of the ECB with the Eurogroup 
  • European Systemic Risk Board (ESRB): Warning of 22 September 2022 on vulnerabilities in the Union financial system (ESRB/2022/7) (OJ C 423, 7.11.2022, pp. 1-6) 
  • EBA: clarifications on the operationalisation of intermediate EU parent undertakings of third country groups 
  • SRB Bi-annual reporting note to Eurogroup 
  • IOSCO: Call for Action (IOSCO Good Sustainable Finance Practices for Financial Markets Voluntary Standard Setting Bodies and Industry Associations)