Blog
DORA Regulation: ICT Service Subcontracting in Finance
On July 26, 2024, the European Supervisory Authorities (ESAs) published the Final Report on the draft Regulatory Technical Standards (RTS), as mandated by Article 30(5) of DORA.
Capital Requirements Regulation 3 (CRR III) for Market Risk Requirements
On July 24, 2024, the European Commission adopted a Delegated Regulation amending the Capital Requirements Regulation (CRR) regarding the application date of market risk requirements. This amendment, effective January 1, 2026, gives financial institutions more time to adapt to new standards.
Solvency II Directive: Sustainability Risk Plans
The Solvency II Directive's 2022 update integrates sustainability risks, aligning with the EU Green Deal. Enhancements include mandatory sustainability risk plans and the proportionality principle to ease the burden on smaller firms.
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 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.