EBI Regulatory Report #128

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
(2 April 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 – 31 March 2023:

31 March 

  • Decisions of the Governing Council of the ECB (in addition to decisions setting interest rates) 
  • ECB gender targets: interim assessment 
  • IADI Sponsored Paper No. 3 – Who will run their Bank? (by Edwin L. Weinstein and Yaz Gulnur Muradoglue) 
  • ECB concludes asset quality reviews of Crelan, Citadele Banka, Goldman Sachs and Morgan Stanley 
  • EBA: Guidelines to challenge unwarranted de-risking and safeguard access to financial services to vulnerable customers 

30 March 

  • SRB: EU regulators will ‘fully and entirely’ respect write-down hierarchy if another bank fails 
  • SRB: EU regulators distance themselves from Credit Suisse bond write-downs 
  • Perbadanan Insurans Deposit Malaysia (PIDM) and SRB announce cooperation to strengthen cross-border cooperation 
  • IOSCO: Retail Market Conduct Task Force Final Report 
  • ESMA: Statement on the Derivatives Trading Obligation 
  • ESMA: Guidance for supervision of copy trading services 

29 March 

  • EBA: consultation on amendments to Guidelines on risk-based AML/CFT supervision to include crypto-asset service providers 
  • SRB: Pay attention to market panic over banks — but not too much, top regulator warns 
  • SRB: Dying banks won’t get ‘free lunch’ on EU funds 
  • European Court of Auditors: Special report 07/2023 ‘Design of the Commission’s control system for the RRF – Assurance and accountability gap remains at EU level in the new delivery model, despite extensive work being planned’ 2023/C 114/04 (OJ C 114, 29.3.2023, p. 5) 
  • ESMA withdraws the CRA registration of Scope Hamburg GmbH 
  • ESMA: 2022 Corporate Reporting Enforcement and Regulatory Activities Report 

28 March 

  • Financial Stability Board (FSB) Plenary statement on recent market developments 
  • EBA: publication of new set of indicators to identify potential causes of consumer harm 
  • IOSCO Report on International Work to Develop a Global Assurance Framework for Sustainability-related Corporate Reporting 
  • ESMA: consultation on position calculations for Trade Repositories 
  • ESMA: Guidance on fractional shares 

27 March 

  • ECB: Monetary developments in the euro area: February 2023 
  • Committee on Payments and Market Infrastructures: Facilitating increased adoption of payment versus payment (PvP) – final report 
  • ESMA: update of guidance on product governance