COVID-19: PRA Dear CEO letter on treatment of payment deferrals under IFRS 9 and CRR -
On 4 June 2020, the UK Prudential Regulation Authority (PRA) published a Dear CEO letter on International Financial Reporting Standard...more
6/9/2020
/ Basel Committee on Banking Supervision (BCBS) ,
Capital Requirements Regulation (CRR) ,
Coronavirus/COVID-19 ,
CRD IV Directive ,
EU ,
European Banking Authority (EBA) ,
Financial Markets ,
IFRS ,
Prudential Regulation Authority (PRA) ,
RTS ,
Single Resolution Board ,
Supervisory Highlights ,
UK
Our latest Funds and asset management regulatory news reports on ESMAs recent updates under the MMF Regulation. For regulatory developments of broad application, see also our Financial institutions general regulatory news in...more
The current situation is fast-moving in light of the COVID-19 pandemic. Many financial supervisory and regulatory authorities as well as local governments have issued measures which are relevant for financial institutions...more
4/28/2020
/ Basel Committee on Banking Supervision (BCBS) ,
Capital Requirements ,
EU ,
European Central Bank ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FSB ,
IOSCO ,
Loans ,
Prudential Regulation Authority (PRA) ,
Regulatory Requirements ,
Short Selling ,
UK
COVID-19: PRA letter to credit unions and direction modifying minimum provisioning requirements -
On 8 April 2020, the Prudential Regulation Authority (PRA) published a letter to directors, staff members and volunteers of...more
4/9/2020
/ Banks ,
Basel Committee on Banking Supervision (BCBS) ,
Basel III ,
Coronavirus/COVID-19 ,
EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
Financial Services Industry ,
Liquidity ,
Prudential Regulation Authority (PRA) ,
UK
FCA 2020/21 business plan -
The Financial Conduct Authority (FCA) has published its 2020/21 business plan setting out its business priorities for the year ahead. The FCA's immediate focus is to address the challenges...more
BMR: European Commission consults on equivalence for Japanese benchmarks -
The European Commission is consulting on a draft Implementing Decision on the equivalence of the legal and supervisory framework applicable to...more
Funding no-blame APP scams: PSR considers options -
The Payment Systems Regulator (PSR) has published slides and speaker notes of Chris Hemsley, PSR Managing Director, for a call on authorised push payment (APP) scams,...more
COVID-19: EBA statement on actions to mitigate financial crime risks -
On 31 March 2020, the European Banking Authority (EBA) published a statement on actions to mitigate financial crime risks in light of COVID-19....more
ESMA publishes guidance on performance fees in UCITS and certain AIFs Following consultation, the European Securities and Markets Authority -
(ESMA) has published its final report on performance fees in investment funds,...more
COVID-19: FCA updates statement on short selling bans and reporting -
On 31 March 2020, the UK Financial Conduct Authority (FCA) updated its webpage on short selling bans and reporting to confirm that the required changes...more
AIFMD: ESMA consults on guidance to address leverage risk -
The European Securities and Markets Authority (ESMA) has published a consultation paper on guidelines under Article 25 of the Alternative Investment Fund Managers...more
The European Securities and Markets Authority (ESMA) has published a public statement to clarify issues regarding the application to firms of the MiFID II requirements on the recording of telephone conversations. ESMA...more
PSR issues new directions and response to consultation feedback -
The Payment Systems Regulator (PSR) has issued new versions of its directions following its consultation in CP19/3. It has also published a document,...more
3/16/2020
/ ATMs ,
Consultation Papers ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Interchange Fees ,
Payment Systems ,
Regulatory Requirements ,
SEPA ,
UK ,
UK Payment Systems Regulator