EBI Regulatory Report #139

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 26 – 30 June 2023:

30 June

SRB: Annual Report for 2022
ESMA: adequate setup of measures to reduce volatility in trading of energy derivatives

29 June

ESRB: Corporate credit and leverage in the EU: recent evolution, main drivers and financial stability implications
ESRB: Risk dashboard, June 2023 (Issue 44)
Capital markets union: Council and Parliament agree on proposal to strengthen market data transparency

28 June

Proposal for a Regulation of the European Parliament and of the Council on the legal tender of euro banknotes and coins (COM/2023/364 final)
Proposal for a Regulation of the European Parliament and of the Council on the establishment of the digital euro (COM/2023/369 final)
Proposal for a Regulation of the European Parliament and of the Council on the provision of digital euro services by payment services providers incorporated in Member States whose currency is not the euro (…) (COM/2023/368 final)
Proposal for a Regulation of the European Parliament and of the Council on a framework for Financial Data Access (…) (COM/2023/360 final)
Proposal for a Directive of the European Parliament and of the Council on payment services and electronic money services in the Internal Market amending Directive 98/26/EC and repealing Directives 2015/2366/EU and 2009/110/EC (COM/2023/366 final)
ECB welcomes European Commission legislative proposals on digital euro and cash
Statement by the Eurogroup President, Paschal Donohoe, on the publication of the European Commission’s Single Currency Package
OECD: Strengthening SMEs and entrepreneurs key to a strong, resilient economy

27 June

Council of the EU: Banking sector: Provisional agreement reached on the implementation of Basel III reforms
Central Securities Depositories: Council and Parliament reach agreement

26 June

IFRS Foundation Monitoring Board welcomes finalization of the first two sets of standards by the International Sustainability Standards Board (ISSB)
Financial Stability Board (FSB): welcome of publication of International Sustainability Standards Board (ISSB) disclosures standards
FSB: Industry outreach on third-party risk management and oversight
ECB/SSM: Market risk SREP methodology
SRB: Europe’s bank resolution authority seeks “firepower” to deal with collapsed lenders

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