EBI Regulatory Report #215

EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(02 May 2025)

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 weeks 14 April – 2 May:

2 May
  • ESMA: consultation on rules for ESG Rating Providers
30 April
  • ECB/Eurosystem: ECB introduces changes to the dedicated credit facility for euro area CCPs
  • ECB/Eurosystem: ECB study – money market turnover rose from 2022 to 2024
  • Basel Committee on Banking Supervision: Principles for the Management of Credit Risk
  • EBA: consultation on draft amending technical standards on factors assessing the appropriateness of real estate risk weights
  • ESMA: publication of annual transparency calculations for non-equity instruments and bond liquidity data
  • ESMA Report: increased data use across EU and first effects of reporting burden reduction efforts
29 April
  • ECB/Eurosystem: ECB Consumer Expectations Survey results – March 2025
  • ESMA: Supervisory Guidelines to prevent Market Abuse under MiCAR
28 April
  • ECB/Eurosystem: Annual Report 2024
  • Committee on Payments and Market Infrastructures (CPMI) and IOSCO: Implementation monitoring of Principles for Financial Market Infrastructures (PFMI): Level 2 assessment report for the European Union – PSs and CSDs/SSSs
  • Irvin Fisher Committee (BIS): Governance and implementation of artificial intelligence in central banks
25 April
  • EBA: criteria to determine when Crypto Assets Service Providers have to appoint a central contact point to help fight financial crime
  • EBA: publication of key indicators on climate risk in the EU/EEA banking sector
  • Council: Position (EU) No 1/2025 at first reading with a view to the adoption of a Regulation of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements Adopted by the Council on 24 March 2025 (OJ C, C/2025/2428, 25.4.2025)
24 April
  • ECB/Eurosystem: Project Meridian FX – possibility of cross-border linkages for FX transactions between wholesale payment infrastructures
  • ESM and Arab Monetary Fund renew Memorandum of Understanding
  • BIS Innovation Hub: Project Meridian FX: exploring synchronised settlement in FX
  • SRB: Technical meeting on the public consultation on resolvability testing for banks
  • ESMA: assessment of risks posed by the use of leverage In the fund sector
23 April
  • ECB/Eurosystem: Danish krone now available in all TARGET Services
  • Financial Stability Board (FSB): Chair calls for continued vigilance on financial sector vulnerabilities
  • BIS Innovation Hub: Project Promissa: tokenisation of promissory notes
22 April
  • ECB/Eurosystem: Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
  • OECD: R&D tax incentives continue to outpace other forms of government support for R&D in most countries
18 April
  • ECB/SSM: ECB sanctions SEB Baltics for breaching ECB requirements on internal models
17 April
  • ECB/Eurosystem: Monetary policy decisions
16 April
  • Council: agreement on position on the ‘Invest EU’ regulation to boost EU competitiveness
  • OECD: International aid falls in 2024 for first time in six years
  • EBA: update of list of indicators used to perform risk assessments
  • ESAs: Joint Annual Report for 2024
15 April
  • FSB: finalisation of the common Format for Incident Reporting Exchange (FIRE)
  • EBA’s Benchmarking Report: a material gender pay gap persists across EU banks and investment firms
  • ESMA; publication of Implementing Rules on liquidity management tools for funds
  • ESMA: latest Edition of Its Newsletter
14 April
  • ECB/Eurosystem: Survey on the Access to Finance of Enterprises: firms report lower interest rates amid reduced need for bank loans