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DPE Regime for Post-Trade Transparency of OTC Transactions

DPE Regime for Post-Trade Transparency of OTC Transactions

On July 22, 2024, ESMA introduced the Designated Publishing Entity (DPE) regime under the MiFIR review to enhance OTC transaction transparency and streamline reporting. This article details ESMA's guidelines, focusing on the DPE register, technical integration, and the transition timeline.

ELTIF Regulation: Adoption and Regulatory Analysis

ELTIF Regulation: Adoption and Analysis

The European Long-Term Investment Fund (ELTIF) framework, under Regulation (EU) 2015/760, supports the EU's Capital Markets Union by facilitating long-term investments. A Delegated Regulation adopted on 19 July 2024 enhances transparency, investor protection, and risk management.

CRR III: Credit Risk for the Internal Ratings Based Approach

CRR III: Credit Risk for the Internal Ratings Based Approach

The Capital Requirements Regulation III (CRR III) enhances EU banking stability by integrating Basel III. Effective January 1, 2025, it sets strict capital requirements to mitigate risks and fortify banks.

MiFID II Regulation: ESMA's Consultation on Draft RTS

MiFID II Regulation: ESMA's Consultation on Draft RTS

ESMA's July 16, 2024, consultation paper proposes new MiFID II standards to improve order execution policies of investment firms. It highlights current deficiencies like poor documentation and generic disclosures, emphasizing transparency and compliance.

Basel Committee’s Adjustments to the IRRBB Standard

Basel Committee’s Adjustments to the IRRBB Standard

On July 16, 2024, the Basel Committee on Banking Supervision (BCBS) updated the Interest Rate Risk in the Banking Book (IRRBB) standard. Key changes include expanded calibration periods, local shock factors, a 99.9th percentile value, and precise interest rate shocks.

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