EBI Regulatory Report #196
EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(16 November 2024)
Professor Dr. Christos V. Gortsos and Daphne Farmaki
(Law School, National and Kapodistrian University of Athens)
All previous entries have been put in 4 archives, which can be retrieved here.
Main developments during the week 11 – 15 November 2024:
15 November
- Financial Stability Board (FSB): FSB Europe Group discusses private credit, financial and operational vulnerabilities and securitisation
- Committee on the Global Financial System (CGFS): Interest rate risk exposures of non-financial corporates and households
- ESAs: announcement of timeline to collect information for the designation of critical ICT third-party service providers under the Digital Operational Resilience Act (DORA)
14 November
- ECB/Eurosystem: Monetary Policy Account: Meeting of 16-17 October 2024
- Guideline (EU) […] of the ECB of 14 November 2024 amending Guideline (EU) 2024/[XX] on the management of collateral in Eurosystem credit operations (ECB/2024/22) (ECB/2024/36)
- Guideline (EU) […] of the ECB of 14 November 2024 repealing Guideline (EU) [2024/XX] amending Guideline (EU) 2015/510 on the implementation of the Eurosystem monetary policy framework (ECB/2024/23) and amending Guideline (EU) 2015/510 (ECB/2014/60) (ECB/2024/37)
- European Commission: Autumn 2024 Economic Forecast: A gradual rebound in an adverse environment
- OECD: Renewed momentum for emissions trading systems as tax-based carbon pricing stalls post energy crisis
- Financial Stability Board (FSB): The Financial Stability Implications of Artificial Intelligence
- EBA: Opinion in response to the European Commission’s proposed amendments to the EBA final draft technical standards on supervisory reporting and Pillar 3 disclosures
- EBA: Final guidance on internal policies, procedures and controls to ensure the implementation of Union and national sanctions
- European Systemic Risk Board (ESRB): Recommendation of 27 September 2024 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (ESRB/2024/5) (OJ C, C/2024/6967, 14.11.2024)
- IOSCO: Final Report on Promoting Integrity and Orderly Functioning of Voluntary Carbon Markets (VCMs)
- Regulation (EU) 2024/2809 of the European Parliament and of the Council of 23 October 2024 amending Regulations (EU) 2017/1129, (EU) No 596/2014 and (EU) No 600/2014 to make public capital markets in the Union more attractive for companies and to facilitate access to capital for small and medium-sized enterprises (OJ L, 2024/2809, 14.11.2024)
- Directive (EU) 2024/2811 of the European Parliament and of the Council of 23 October 2024 amending Directive 2014/65/EU to make public capital markets in the Union more attractive for companies and to facilitate access to capital for small and medium-sized enterprises and repealing Directive 2001/34/EC (OJ L, 2024/2811, 14.11.2024)
- Directive (EU) 2024/2810 of the European Parliament and of the Council of 23 October 2024 on multiple-vote share structures in companies that seek admission to trading of their shares on a multilateral trading facility (OJ L, 2024/2810, 14.11.2024)
- ESMA: collection of data on costs linked to investments in AIFs and UCITS
13 November
- European Commission: Notice on the interpretation of certain legal provisions in Directive 2013/34/EU (Accounting Directive), Directive 2006/43/EC (Audit Directive), Regulation (EU) No 537/2014 (Audit Regulation), Directive 2004/109/EC (Transparency Directive), Delegated Regulation (EU) 2023/2772 (first set of European Sustainability Reporting Standards, first ESRS delegated act), and Regulation (EU) 2019/2088 (Sustainable Finance Disclosures Regulation, SFDR) as regards sustainability reporting (OJ C, C/2024/6792, 13.11.2024)
- Financial Stability Board (FSB): The importance of resolution planning and loss-absorbing capacity for banks systemic in failure: Public statement
- BIS: Whither inflation targeting as a global monetary standard ?: Lecture by Claudio Borio, Head of the Monetary and Economic Department
- ECB/Eurosystem: Sound practices for managing intraday liquidity risk
- ECB/Eurosystem: Supervision Newsletter – November 2024
- EBA: update of list of third-country groups and branches operating in the European Union and the European Economic Area
- IOSCO: Report on Transition Plans Disclosures
- Commission Regulation (EU) 2024/2862 of 12 November 2024 amending Regulation (EU) 2023/1803 as regards International Accounting Standard 21 (OJ L, 2024/2862, 13.11.2024)
12 November
- European Parliament: European Semester for economic policy coordination 2024 – Resolution of 13 March 2024 on the European Semester for economic policy coordination 2024 (2023/2063(INI)) (OJ C, C/2024/6554, 12.11.2024)
- European Stability Mechanism (ESM): Climate change and financial stability – presentation by Rolf Strauch
- Financial Stability Board (FSB): Achieving Consistent and Comparable Climate-related Disclosures: 2024 Progress report
- EBA: consultation on Guidelines on proportionate retail diversification methods
- EBA: publication of methodology, draft templates, and key milestones for its 2025 EU-wide stress test
- IOSCO: Statement of Support on the IAASB’s International Standard on Sustainability Assurance (ISSA) 5000
- ESMA: latest edition of its newsletter
11 November
- Opinion of the ECB of 11 November 2024 on the supervision of compliance with sanctions by credit and financial institutions (CON/2024/37) (Austria)
- IOSCO: Consultation Report on Updated Liquidity Risk Management Recommendations for Collective Investment Schemes