Key developments during the week 29 June – 3 July
3 July
- ESMA: launch of Common Supervisory Action with NCAs on the Risk Management Function
- ESMA: reminder to firms of existing rules and obligations under binary option measures amid growing popularity of prediction markets globally
2 July
- EBA: Targeted peer review finds high compliance on Pillar 3 disclosures but calls for greater consistency
- ESMA: identification of up to €1 billion in potential annual savings from simplifying EU transaction reporting
1 July
- OECD: Large companies need to turn commitments to responsible business conduct into action
- OECD: Digital trade accounted for one quarter of total trade across the OECD in 2023
- ESMA: recognition of the Clearing Corporation of India Limited as a Tier 1 third-country CCP
- EIOPA: consultation on enhancements to insurance corporate disclosures under EU Taxonomy for environmentally sustainable activities
- ESMA: consultation on simplifying EU Taxonomy disclosure framework
- EBA: consultation on key performance indicators of Taxonomy disclosures
30 June
- EBA: EU deposit guarantee scheme funds to protect depositors against bank failures continue to grow and have reached a volume of €85bn
- SRB: 2025 Annual Report stresses progress on crisis readiness
- EIOPA: peer review follow-up shows progress in product oversight and governance supervision
- EBA: clarification of its Product Oversight and Governance Guidelines which address greenwashing risks in ESG products
29 June
- European Stability Mechanism (ESM): Bulgaria joins ESM as its 21st Member
- ECB/SSM: ECB sanctions Banque Internationale à Luxembourg (BIL) for breaching ECB decision on internal models
- EBA: publication of 2025 Report on supervisory convergence, supporting a simpler and more efficient EU prudential framework
- EBA: publication of a roadmap on the delivery of its mandates under the revised Deposit Guarantee Schemes Directive (DGSD)
- SRB: introduction of a new procedure for faster approval of early redemptions of MREL instruments
