Blog
Regulatory Compliance: EBA Reporting Framework
EBA published guidelines on April 9, 2024, for historical data resubmission to maintain regulatory efficiency. These emphasize proportionality, aiming to streamline processes and maintain data consistency. Precision adjustments aim to reduce resubmissions, ensuring high-quality data for authorities.
REMIT II: Wholesale Energy Market Regulation in the EU
REMIT amendments approach finalization: European Parliament voted on 29 Feb 2024, followed by Council approval on 18 Mar 2024. Pending Official Journal publication, certainty arises regarding upcoming changes.
Credit Rating Agencies (CRAs) regulatory framework
ESMA's consultation on 2 April 2024 proposes crucial amendments to CRA Regulation, focusing on integrating ESG factors for enhanced transparency and sustainability in credit ratings.
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.