EBI Regulatory Report #95

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
(1 September 2021 – 4 June 2022)

Professor Dr. Christos V. Gortsos and Georgios Zervakis, LLM candidate
(Law School, National and Kapodistrian University of Athens)

Key developments since 30 May 2022

3 June 

  • Opinion of the ECB of 1 June 2022 on a proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 600/2014 as regards enhancing market data transparency, removing obstacles to the emergence of a consolidated tape, optimising trading obligations and prohibiting receiving payments for forwarding client orders (CON/2022/19)  
  • FSB holds 2022 Roundtable on External Audit 
  • ESMA proposes EUR 1 billion increase of the commodity derivatives EMIR clearing threshold 

2 June 

  • Regulation (EU) 2022/858 of the European Parliament and of the Council of 30 May 2022 on a pilot regime for market infrastructures based on distributed ledger technology, and amending Regulations (EU) No 600/2014 and (EU) No 909/2014 and Directive 2014/65/EU (OJ L 151, 2.6.2022, pp. 1-33) 
  • ECB: EU structural financial indicators: end of 2021 
  • Cohesion in Europe towards 2050: Council approves conclusions 
  • ESMA publishes technical standards to suspend the CSDR buy-in regime 
  • ESAs provide clarifications on key areas of the RTS under SFDR: https://www.eba.europa.eu/esas-provide-clarifications-key-areas-rts-under-sfdr (2/6/2022) 
  • European Court of Auditors: Special report No 8/2022, ERDF support for SME competitiveness – design weaknesses decrease effectiveness of funding 2022/C 218/04 (OJ C 218, 2.6.2022, p. 6)  

1 June 

  • ECB: Convergence Report, June 2022 
  • ECB: Survey on the Access to Finance of Enterprises in the euro area – October 2021 to March 2022 
  • ECB: Euro area insurance corporation statistics: first quarter of 2022 
  • Financial Stability Board (FSB): Propelling a graceful transition: the role of the financial system 
  • Convergence Report reviews Member States’ preparedness to join the euro area and paves the way for Croatia’s euro adoption on 1 January 2023 
  • SRB statement on EU Court judgments related to the Banco Popular Español resolution 
  • ESAs publish the joint Report on the withdrawal of authorisation for serious breaches of AML/CFT rules 

31 May 

  • Basel Committee finalises principles on climate-related financial risks, progresses work on specifying cryptoassets’ prudential treatment and agrees on way forward for the G-SIB assessment methodology review, Press release 
  • ESMA reports on supervision of costs and fees in investment funds 
  • ESMA provides supervisors with guidance on the integration of sustainability risks and disclosures in the area of asset management 

30 May 

  • IADI Survey Brief No. 3 – “COVID-19 and Deposit Insurer Fund Sizes”