EBI Regulatory Report #130

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
(28 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 24 – 28 April 2023:

28 April 

  • Eurosystem to explore new technologies for wholesale central bank money settlement 
  • Where next for the Basel Committee? Keynote speech by Pablo Hernández de Cos 
  • EBA: update of data on deposit guarantee schemes across the European Economic Area 
  • European Commission – Capital Markets Union: EU renews commitment to integration and development of capital markets 
  • ESMA: publication of the annual transparency calculations for non-equity instruments, bond liquidity data and quarterly SI calculations 

27 April 

  • Decision (EU) 2023/864 of the ECB of 13 April 2023 amending Decision ECB/2014/16 concerning the establishment of an Administrative Board of Review and its Operating Rules (ECB/2023/11) (OJ L 112, 27.4.2023, pp. 46-49) 
  • ECB Opinion on the review of the European Market Infrastructure Regulation (EMIR 3 package) (CON/2023/11)  
  • FSB Statement to encourage final preparations for the USD LIBOR transition 
  • EBA: draft version of its revised taxonomy architecture 

26 April 

  • Commission proposes new economic governance rules fit for the future 
  • EBA: updates on the definition of a large decline of net interest income in relation to the interest rate risk in the banking book 

25 April 

  • EBA: final draft technical standards on the determination of the exposure value of synthetic excess spread in synthetic securitisations
  • ESAs call for vigilance in the face of mounting financial risks 
  • SRB: EU resolution authority to look at how to handle digital bank runs after US crisis 
  • IOSCO: welcome of the initiative by the IAASB to seek early engagement and broad inputs in the consultation on the new international sustainability assurance standard 
  • ESMA: Over 140,000 EEA issuers and instruments rated by CRAs 

24 April 

  • ECB and EIOPA call for increased uptake of climate catastrophe insurance 
  • EBA: identification of fraud in retail payments and over indebtedness as key issues affecting consumers 
  • EBA: consultation on guidance on benchmarking of diversity practices