Regulatory Updates

Local updates

01/02/2021 - Guidance Document on Reporting through goAML
Link to the document can be found here.

03/02/2021 - Communication on Reporting: Monitoring Quality, Deletion of Draft Reports after 14 days, and Automatic Rejection Rules
Link to the release can be found here.
 

International updates

25/02/2021 - Jurisdictions under increased monitoring - February 2021
Link to the publication can be found here.

25/02/2021 - High Risk Jurisdictions subject to Call for Action - February 2021
Link to the publication can be found here.

Local updates

03/02/2021 - The Investment Firms Regulation and Directive - 2nd Briefing
Circular can be found here.

09/02/2021 - The implementation of the Sustainable Finance Disclosure Regulation (“SFDR”) - Process to be adopted with respect to the submission of updates to the pre-contractual document (prospectus) of locally based Collective Investment Schemes applicable as from 10 March 2021 (“SFDR Deadline”) 
Circular can be found here.

17/02/2021 - Circular on Regulation No. 648/2012 - The European Markets Infrastructure Regulation (“EMIR”/ the “Regulation”) - Compliance Requirements
Circular can be found here.
 

International updates

01/02/2021 - ESMA finalises rules on standardised information to facilitate cross-border distribution of funds
Link to the release can be found here.

01/02/2021 - ESMA publishes report on proposed fees for benchmark administrators 
Link to the release can be found here.

03/02/2021 - ESMA updates Q&As on MiFID II and MiFIR market structure topics
Link to the release can be found here.

24/02/2021 - ESMA updates Q&As on MiFID II and MiFIR market structure topics
Link to the release can be found here.

25/02/2021 - ESMA publishes first Q&As on crowdfunding
Link to the release can be found here.

Local update

03/02/2021 - Circular to Significant Credit Institutions on Developments in relation to the ECB IMAS Portal
Circular can be found here.
 

International update

16/02/2021 - EBA publishes final guidelines on the conditions for the alternative treatment of “tri-party repurchase agreements” for large exposure purposes
Link to the release can be found here.

Local updates

08/02/2021 - Cross Border Marketing of Investment Services Targeting Spanish Market on Freedom of Services Basis
Circular can be found here.

17/02/2021 - Common Supervisory Action in relation to MiFID II Product Governance Rules
Circular can be found here.

Local update

12/02/2021 - The MGA publishes its Interim Performance Report for the Gaming Industry for the period January to June 2020
Link to the report can be found here.

International updates

17/02/2021 - EIOPA defines its supervisory convergence priorities for 2021
Link to the release can be found here.

19/02/2021 - Business Model sustainability and adequate product design identified as new strategix supervisory priorities for national supervisors
Link to the release can be found here.

International update

04/02/2021 - The Three European Supervisory Authorities publish Final Report and draft RTS on disclosures under SFDR
Link to the report can be found here.