Blog
UCITS Eligible Assets Directive
ESMA calls for evidence on UCITS EAD review to assess risks & benefits of UCITS exposure to diverse assets. Mandated by EU, ESMA aims to analyze implementation, address divergences & recommend revisions for market alignment.
EU AML Framework: Overview of the Proposed AML Package
The EU proposes an Anti-Money Laundering package to strengthen AML and CTF rules, including a single rulebook regulation, the 6th AML Directive, and the establishment of a European AML Authority in Frankfurt, Germany.
Payment Services Regulation: Legislative Update
The Parliament has adopted its negotiating positions on the EU's payment services framework. The package aims to harmonise regulations, enhance user data protection, and combat fraud. Trilogue negotiations are expected to begin after the summer recess, with final adoption anticipated in early 2025.
Listing Package: EU's 2024 Trilogue Agreement
In February 2024, the EU plenary adopted the Listing Package, aiming to simplify listing rules, reduce costs, and protect investors. Amendments also grant flexibility to investment firms in organizing payment for services.
Final Draft Standards for MiCA Regulation
On May 7, 2024, the EBA announced final draft RTS and ITS under MiCAR, covering ART issuer authorization, acquisition assessments, and white paper approval.