Blog
EMIR 3: Provisional Request on Fee Determination
EMIR 3 enhances EU financial stability by reducing reliance on third-country CCPs, boosting EU-based CCP competitiveness, and strengthening regulatory oversight, aligning with the Capital Markets Union's goals for a more resilient financial system.
Financial Data Access Framework (FiDA): Regulatory Insights
The Financial Data Access framework (FiDA) is a transformative EU regulatory initiative designed to standardise and secure data management across the financial sector. AFME proposes a phased approach to FiDA's implementation, market alignment, customer value, and data security.
The Bank Recovery and Resolution Directive (BRRD) – Latest Implementing ITS
The BRRD is vital to EU financial stability, managing bank failures without taxpayer bailouts. Recent updates to the Implementing Technical Standards (ITS) enhance data reporting, improving accuracy, consistency, and detail.
IFRS 9: Overlays, Model Improvements, and Governance for Novel Risks
IFRS 9 requires banks to include forward-looking data in expected credit loss calculations, posing challenges with risks like COVID-19, geopolitical instability, high interest rates, inflation, and climate change. Overlays and strong governance are vital for managing these risks effectively.
SFDR Regulation: Q&A and Compliance Requirements
The Sustainable Finance Disclosure Regulation (SFDR), Regulation (EU) 2019/2088, enhances transparency in financial markets by mandating disclosures on sustainability risks and impacts.