EBI Regulatory Report #156

Business graphs and charts on table. Financial development, Banking Account, Statistics

EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(2 December 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 3 archives, which can be retrieved here.

Main developments during the week 27 November – 1 December 2023:

1 December 

  • ECB/Eurosystem: Decisions taken by the Governing Council (in addition to decisions setting interest rates) 
  • Opinion of the ECB of 13 October 2023 on a proposal for a regulation on the legal tender of euro banknotes and coins (CON/2023/31) (OJ C, C/2023/1355, 01.12.2023) 
  • Opinion of the ECB of 4 October 2023 on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities (CON/2023/30) (OJ C, C/2023/1354, 01.12.2023) 
  • European Commission: Questions & Answers on the NGEU Green Bond Allocation and Impact Report 
  • IOSCO: Statement on the consultation on the Proposed International Standard on Sustainability Assurance (ISSA) 5000 and the related global outreach program 

30 November 

  • Regulation (EU) 2023/2631 of the European Parliament and of the Council of 22 November 2023 on European Green Bonds and optional disclosures for bonds marketed as environmentally sustainable and for sustainability-linked bonds (OJ L, 2023/2631, 30.11.2023) 
  • ESAs: provision of clarity and tips to consumers on sustainable finance 
  • EBA: reaffirmation of its commitment to enhance climate-related and broader sustainability considerations in the EU banking sector 
  • EBA: Opinion on a measure to address macroprudential risk following a notification by the Ministry of Business, Industry, and Financial Affairs of Denmark 
  • European Court of Auditors: Report pursuant to Article 92(4) Regulation (EU) No 806/2014 on any contingent liabilities arising as a result of the performance by the Single Resolution Board, the Council or the Commission of their tasks under this Regulation for the 2022 financial year (OJ C, C/2023/1353, 30.11.2023) 

29 November 

  • Basel Committee on Banking Supervision (BCBS): Public consultation paper on a Pillar 3 disclosure framework for climate-related financial risks
  • EBA: consultation on standards for assessing the materiality of extensions and changes to the new market risk internal models under the Fundamental Review of the Trading Book 
  • SRB: publication of MREL dashboard Q2.2023 

28 November 

  • Directive (EU) 2023/2673 of the European Parliament and of the Council of 22 November 2023 amending Directive 2011/83/EU as regards financial services contracts concluded at a distance and repealing Directive 2002/65/EC (OJ L, 2023/2673, 28.11.2023) 
  • Financial Stability Board (FSB) assesses risks of multi-function crypto-asset intermediaries 
  • BCBS: Progress in adopting the Principles for effective risk data aggregation and risk reporting  

27 November 

  • FSB: publication of 2023 G-SIB list 
  • BCBS: Supervisory newsletter on the adoption of POR and PSMOR 
  • EBA: Guidance to AML/CFT supervisors of CASPs