Thu. Sep 19th, 2024

Insight EU Future of Finance Monitoring 1 April 2022

Apr 4, 2022 ,
EUROGROUP
  • Agenda highlights of the Eurogroup, 4 April 2022
FINANCIAL SANCTIONS: RUSSIA, BELARUS
  • FinCEN supports Task Force targeting Russian Elites, Proxies, and Oligarchs (REPO)
  • U.S. FinCEN issues alert on potential Russian sanctions evasion efforts
  • EBA Risk Dashboard indicates limited direct impact on EU banks from the Russian invasion of Ukraine but also points to clear medium-term risks
  • Kick-off meeting of the ESBG Task Force on Ukraine
  • ESBG members waive bank transfer costs to support Ukrainian people
AML/CTF/CPF
  • MEPs launched work on Anti-Money Laundering package with expert discussion
  • EU-Abgeordneter Markus Ferber (EVP/CSU) fordert strenge Anwendung europäischer Anti-Geldwäsche-Standards
  • Anti-money laundering and countering the financing of terrorism supervision is improving but not always effective yet, finds the EBA
  • FinCEN: FATF Identifies Jurisdictions with AML/CFT/CPF Deficiencies
  • FATF Public Statement on the Situation in Ukraine
  • Outcomes FATF Plenary, 2-4 March 2022
  • ESBG advocacy actions on the AML/CFT package
BANKING SUPERVISION
  • EBA updates list of institutions involved in the 2022 supervisory benchmarking exercise
  • ESBG: Efficient, fair and transparent EU macroprudential framework for banks
DE-RISKING
  • EU Commission: Answer to a written question – De-risking
DIGITAL EURO
  • ECB: A digital euro that serves the needs of the public: striking the right balance
DIGITAL FINANCE
  • Finanzminister Lindner eröffnet Digital Finance Forum: Austausch zwischen Politik und Praxis soll Deutschlands digitalen Finanzstandort stärken
CRYPTO ASSETS
  • EP Committees on crypto-assets: new rules to stop illicit flows in the EU
  • Crypto-Asset Reporting Framework; Public Consultation vom 22. März bis 29. April 2022
  • Bitkom: Europa droht Innovationsbremse bei Kryptowerten
  • IMF Working Paper: Crypto, Corruption, and Capital Controls: Cross-Country Correlations
  • UK ASA: Clampdown on misleading and irresponsible crypto ads
  • Crypto-assets in the EU: MEPs agree on draft rules to boost benefits and curb threats
  • EU-Abgeordneter Stefan Berger (EVP/CDU) zu Annahme von MiCA
  • S&D Group: With far-right support, conservatives block progressives’ push to cut colossal carbon footprint of crypto-currencies
  • Renew Europe supports an ambitious and future-proof regulation for Crypto-assets in Europe
  • ECR position on the regulation for markets in Crypto Assets
  • CSIS: Cryptocurrency’s Role in the Russia-Ukraine Crisis
CENTRAL BANK DIGITAL CURRENCIES
  • Policy Updates: EU CBDC and U.S. Digital Assets
  • ESBG: Meeting with Ms. Evelien Witlox, Programme Manager of the digital euro
INSTANT PAYMENTS
  • ESBG: Instant payments and cards – Apples and oranges or a possible substitute?
CURRENCY RESERVES
  • IMF Working Paper: The Stealth Erosion of Dollar Dominance: Active Diversifiers and the Rise of Nontraditional Reserve Currencies
ESG
  • Deutsches Aktieninstitut (DAI): ESG ist in den Unternehmen angekommen
MORTGAGE CREDITS
  • IMF Working Paper: What Drives Mortgage Default Risk in Europe and the U.S.?
  • ESBG Response to the EU Commission consultation on the upcoming review of the Mortgage Credit Directive
CAPITAL MARKETS UNION
  • EU Commission update on state of the Capital Markets Union
SUSTAINABLE FINANCE
  • Open call for tenders to assist EFRAG in its cost-benefit analysis of draft European Sustainability Reporting Standards
  • EFRAG issues its Due Process Procedures for Sustainability Reporting Standard Setting
  • Three key steps for EFRAG’s Sustainability reporting pillar before the end of April
  • ESAs issue updated supervisory statement on the application of the Sustainable Finance Disclosure Regulation
EU COMMISSION REGISTER
  • Documents of the Directorate-General for Economic and Financial Affairs in March 2022
  • COMMISSION DELEGATED REGULATION (EU) /… amending the regulatory technical standards laid down in Delegated Regulation (EU) 2020/1226 as regards the information to be provided in accordance with the STS notification requirements for on-balance-sheet synthetic securitisations
  • COMMISSION IMPLEMENTING REGULATION (EU) /… amending the implementing technical standards laid down in Implementing Regulation (EU) 2020/1227 as regards the templates for the provision of information in accordance with the STS notification requirements for on-balance-sheet synthetic securitisations
  • COMMISSION IMPLEMENTING REGULATION (EU) /… amending the implementing technical standards laid down in Implementing Regulation (EU) 2016/1646 as regards the main indices and recognised exchanges in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council
  • COMMISSION IMPLEMENTING REGULATION (EU) /… amending Implementing Regulation (EU) 2017/1093 laying down implementing technical standards with regard to the format of position reports by investment firms and market operators
  • COMMISSION DELEGATED REGULATION (EU) /… supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the content of position management controls by trading venues
  • COMMISSION DECISION on the adoption of the answers to be provided to questions submitted by the European Securities and Markets Authority under Article 16b(5) of Regulation (EU) No 1095/2010 of the European Parliament and of the Council
  • COMMUNICATION TO THE COMMISSION on the intention to endorse with amendments the draft of the delegated regulation supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards setting out a contractual template for liquidity contracts for the shares of issuers whose financial instruments are admitted to trading on an SME growth market and of the implementing regulation laying down implementing technical standards for the application of Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to the format of insider lists and their updates
  • COMMISSION DELEGATED REGULATION (EU) /… amending the regulatory technical standards laid down in Delegated Regulation (EU) 2017/653 as regards the extension of the transitional arrangement laid down in Article 14(2) of that Regulation and amending the regulatory technical standards laid down in Delegated Regulation (EU) 2021/2268 as regards the date of application of that Regulation
  • COMMISSION STAFF WORKING DOCUMENT EXECUTIVE SUMMARY OF THE IMPACT ASSESSMENT Accompanying the document Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) No 909/2014 as regards settlement discipline, cross-border provision of services, supervisory cooperation, provision of banking-type ancillary services and requirements for third-country central securities depositories
  • Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) No 909/2014 as regards settlement discipline, cross-border provision of services, supervisory cooperation, provision of banking-type ancillary services and requirements for third-country central securities depositories
  • COMMISSION STAFF WORKING DOCUMENT IMPACT ASSESSMENT REPORT Accompanying the document Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) No 909/2014 as regards settlement discipline, cross-border provision of services, supervisory cooperation, provision of banking-type ancillary services and requirements for third-country central securities depositories
  • Opinion of the Regulatory Scrutiny Board
  • REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on the activities of the IFRS Foundation, EFRAG and PIOB in 2020
  • Joint Proposal for a COUNCIL REGULATION amending Council Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine
  • COMMISSION DELEGATED REGULATION (EU) /… supplementing Regulation (EU) No 2013/575 of the European Parliament and of the Council with regard to regulatory technical standards specifying how to determine the indirect exposures to a client arising from derivatives and credit derivatives contracts where the contract was not directly entered into with the client but the underlying debt or equity instrument was issued by that client
  • COMMISSION DELEGATED REGULATION (EU) /… supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council by specifying fees relating to the supervision by the European Securities Markets Authority of data reporting service providers
  • COMMISSION IMPLEMENTING REGULATION (EU) …/… amending for the 330th time Council Regulation (EC) No 881/2002 imposing certain specific restrictive measures directed against certain persons and entities associated with the ISIL (Da’esh) and Al-Qaida organisations
  • REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL assessing the necessity and proportionality of harmonising the information included in the real estate registers and assessing the need for the interconnection of those registers
  • COMMISSION IMPLEMENTING REGULATION (EU) …/… amending for the 329th time Council Regulation (EC) No 881/2002 imposing certain specific restrictive measures against certain persons and entities associated with the ISIL (Da’esh) and Al-Qaida organisations
  • COMMISSION DELEGATED REGULATION (EU) /… amending Delegated Regulation (EU) 2021/2139 as regards economic activities in certain energy sectors and Delegated Regulation (EU) 2021/2178 as regards specific public disclosures for those economic activities
  • COMMISSION IMPLEMENTING REGULATION (EU) /… amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq
  • Joint Proposal for a COUNCIL REGULATION amending Regulation (EU) No 833/2014
  • Joint Proposal for a Council Regulation – Amendment to Regulation No 833/2014
  • COMMISSION IMPLEMENTING REGULATION (EU) /… laying down implementing technical standards for the application of Directive (EU) 2019/2034 of the European Parliament and of the Council with regard to the format, structure, content lists and annual publication date of the information to be disclosed by competent authorities
  • COMMISSION IMPLEMENTING REGULATION (EU) /… amending Implementing Regulation (EU) 2018/1624 laying down implementing technical standards with regard to procedures and standard forms and templates for the provision of information for the purposes of resolution plans for credit institutions and investment firms pursuant to Directive 2014/59/EU of the European Parliament and of the Council
  • COMMISSION DECISION on the adoption of the answers to be provided to questions submitted by the European Banking Authority under Article 16b(5) of Regulation (EU) 1093/2010
  • COMMISSION REGULATION (EU) …/… amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Accounting Standards 1 and 8
  • Commission Decision endorsing a resolution scheme
  • Commission Decision endorsing a resolution scheme

You can buy and download this issue as a PDF, below:

Important note

On this platform, we are publishing our Insight EU Monitoring editions with a delay of several hours. If you want to get our monitoring e-mails in real-time you can subscribe to our full-text services on our IEU Store page.

Please, do not hesitate to reach out to Insight EU if you need tailored regulatory monitoring services, focusing on certain policy fields, institutions, or issues.

Forward to your friends