Blog
PRIIPS Modernization: European Parliament's ECON Report
On March 26, 2024, the ECON Committee released a report proposing amendments to modernize the key information document under Regulation (EU) No 1286/2014.
ECON: Investor Protection Rules
On April 3, 2024, ECON published a report reinforcing investor protection rules in the EU. It focuses on amending key directives, including (EU) 2016/97, the Insurance Distribution Directive.
Crisis Management and Deposit Insurance (CMDI) package
Launched by the European Commission on April 2, 2024, the CMDI package strengthens EU financial stability by amending key directives like DGSD, SRM, and BRRD. This critical legislation enhances the resilience of the EU's banking sector, ensuring robust crisis management and deposit insurance.
EMIR: Third-Country Pension Scheme Clearing
ESMA advises EU authorities to ease supervision on derivative transactions involving exempted third-country pension schemes, aligning with EMIR 3's provisional agreement.
MiFID/MiFIR Regulation Updates Transition
ESMA updates MiFID II/MiFIR regulations, enhancing transparency and compliance across EU financial markets. Key changes include a singular volume cap mechanism, refined Systematic Internaliser (SI) framework, and expanded transaction reporting.