EBI Regulatory Report #197
EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(23 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 18 – 22 November 2024:
22 November
- ECB/Eurosystem: Response to EU Commission’s consultation on macroprudential policies for non-bank financial intermediation (NBFI)
- ESMA: response to the European Commission consultation on Non-Bank Financial Intermediation (NBFI)
21 November
- OECD: Average tax revenues remain steady as spending pressures grow
- BIS: OTC derivatives statistics at end-June 2024
- IOSCO: Consultation Report on Pre-Hedging
20 November
- ECB/Eurosystem: Financial Stability Review, November 2024
- European Commission: EU continues to be a global leader on sustainable finance
- Financial Stability Board (FSB): Legal and regulatory challenges to the use of compensation tools
- Basel Committee on Banking Supervision: BCBS reaffirms expectation to implement Basel III; finalises guidelines to strengthen banks’ counterparty credit risk management; and progresses work to strengthen supervisory effectiveness
- European Supervisory Authorities (ESAs): Joint Guidelines on the system for the exchange of information relevant to fit and proper assessments
- EBA: Updated list of Common Equity Tier 1 (CET1) instruments
- ESMA: Active Account Requirement – seeking first input under EMIR 3
19 November
- G20 Rio de Janeiro Leaders’ Declaration
- BIS Innovation Hub: Project Spectrum: using generative AI to enhance inflation nowcasting
- International Association of Deposit Insurers (IADI): Annual Report 2023/2024
- IOSCO: New Roadmap to enhance Retail Investor Online Safety
- ECB/SSM: Transition risk losses alone unlikely to threaten EU financial stability, “Fit-For-55” climate stress test shows
- ECB/SSM: Fit-for-55 climate scenario analysis
- Council of the EU: Greenlighting of new regulation on environmental, social and governance (ESG) ratings
- Council of the EU: Capital Markets Union – adoption of revamped rules for EU clearing services
- ESMA: final advice on the CSDR Penalty Mechanism
18 November
- FSB: Chair calls on G20 Leaders to implement agreed reforms fully
- FSB: Promoting Global Financial Stability: 2024 FSB Annual Report
- ECB/SSM: Administrative Board of Review – Ten years of experience reviewing ECB supervisory decisions
- ESMA: proposal to move to T+1 by October 2027