EBI Regulatory Report #124

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
(5 March 2023)

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 27 February – 3 March 2023:

3 March 

  • Speech by Eurogroup President, Paschal Donohoe, at Trinity College Dublin on “Eurozone and the Permacrisis”  
  • Commission Delegated Regulation (EU) 2023/451 of 25 November 2022 specifying the factors to be taken into consideration by the competent authority and the supervisory college when assessing the recovery plan of central counterparties (OJ L 67, 3.3.2023, pp. 7-16) 
  • Commission Delegated Regulation (EU) 2023/450 of 25 November 2022 supplementing Regulation (EU) 2021/23 of the European Parliament and of the Council with regard to regulatory technical standards specifying the order in which CCPs are to pay the recompense referred to in Article 20(1) (…), the maximum number of years during which those CCPs are to use a share of their annual profits for such payments to possessors of instruments recognising a claim on their future profits and the maximum share of those profits that is to be used for those payments (OJ L 67, 3.3.2023, pp. 5-6) 

2 March 

  • ECB: Monetary Policy Account: Meeting of 1-2 February 2023 
  • ECB: Disclosure report – TARGET2-Securities assessment against the principles for financial market infrastructures 

1 March 

  • SRB Chair Dominique Laboureix’s first speech at the ECON Committee 
  • ESRB: The externalities of fire sales: evidence from collateralized loan obligations 
  • ESRB: Financial fragility in open-ended mutual funds: the role of liquidity management tools 
  • ESMA: Results of the annual transparency calculations for equity and equity-like instruments 
  • ESMA: MCM had no measurable impact on financial markets under current market conditions 

28 February 

  • Council of the EU: Sustainable finance: Provisional agreement reached on European green bonds 
  • Basel Committee on Banking Supervision: Basel III Monitoring Report 

27 February 

  • 2023 IADI Deposit Insurance Report: Global Trends and Key Issues  
  • EBA: No-action letter on the boundary between the banking book and the trading book provisions 
  • SRB: MREL dashboard Q3.2022