EBI Regulatory Report #158

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
(17 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 11 – 15 December 2023:

15 December

  • ECB/Eurosystem: Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
  • Financial Stability Board (FSB): outline of work to further increase the resolvability of banks, central counterparties and insurers
  • EBA: publication of Guidance to assess the knowledge and experience of the management or administrative organ of a credit servicer
  • EBA: proposal for a voluntary EU green loan label to help spur markets
  • CMDI reform: the SRB view
  • IOSCO: Recommendations on Accounting for Goodwill
  • IOSCO: Statement on online harm
  • ESMA: New Q&As
  • ESMA: consultation on potential changes to the CSDR penalty mechanism
  • ESMA: consultation on draft guidelines for supervision of corporate sustainability information

14 December

  • ECB/Eurosystem: Monetary policy decisions
  • Eurosystem staff macroeconomic projections for the euro area, December 2023
  • Decision (EU) 2023/2796 of the ECB of 4 December 2023 amending Decision (EU) 2022/1981 on the use of services of the European System of Central Banks by competent authorities (ECB/2022/33) (ECB/2023/30) (OJ L, 2023/2796, 14.12.2023)
  • Basel Committee on Banking Supervision: Cryptoasset standard amendments
  • IADI Report: The 2023 banking turmoil and deposit insurance systems: Potential implications and emerging policy issues
  • EBA: consultation on draft technical standards on market and counterparty credit risk as part of its roadmap for the implementation of the Banking Package in the EU
  • EBA: publication of Roadmap on the implementation of the EU Banking Package
  • EBA: consultation on the amendments to the Pillar 3 disclosure and supervisory reporting frameworks in the context of the implementation of the Basel III reforms in the EU
  • EBA: publication of discussion paper on the centralisation of EEA banks Pillar 3 disclosures in the EBA Pillar 3 data hub
  • SRB: public consultation on the future review of MREL
  • IOSCO: Consultation Report on Market Outages
  • ESMA: proposal for changes and updates timeline for its Guidelines on funds’ names
  • ESMA: Recommendations on digitalisation of retail investment services

13 December

  • ESMA: launch of and participation in Common Supervisory Action on ESG disclosures for Benchmarks Administrators

12 December

  • Commission Delegated Regulation (EU) 2023/2779 of 6 September 2023 supplementing [the CRR] with regard to regulatory technical standards specifying the criteria for the identification of shadow banking entities referred to in Article 394(2) of Regulation [CRR] (OJ L, 2023/2779, 12.12.2023)
  • EBA: The EU banking sector remains resilient despite pockets of risk stemming from the change in interest rates
  • EBA: issue of revised list of ITS validation rules
  • ESMA: publication annual peer review of EU CCP supervision

11 December

  • ECB/Eurosystem: Product Environmental Footprint study of euro banknotes as a payment instrument
  • EBA: publication of peer review on supervision of creditors’ treatment of mortgage borrowers in arrears under the Mortgage Credit Directive
  • ESAs: recommendations on steps to improve activities of innovation facilitators across the European Economic Area