The European Commission’s (EC) MiFID/ MiFIR 2 review has zeroed in on the key issues of data inefficiency, CCPs open access (especially in the Brexit context) and bolstering existing market structure.
The European regulation on packaged retail and insurance-based investment products (Priips), implemented in 2018, will evolve as from 1 January 2022 but a broad revision of Priips as a whole is widely asked.
Dutch experts assess climate litigation cases could rise and weigh more on the financial sector in the near future.
Following the scandal surrounding Wirecard, Germany’s Federal Ministry of Finance has announced the reorganisation of BaFin, where the current President Felix Hufeld will be replaced.
Finansinspektionen (FI) issued a warning to Nasdaq Clearing for serious deficiencies in its operations and has levied an administrative fine of SEK 300m (€29.71m).
The European fund and asset management association (Efama) has responded to the European commission’s consultation on improvements to the European long-term investment fund regime (Eltif).
Finma, the Swiss financial market supervisory authority, has investigated four high-ranking managers of Julius Baer for serious breaches in anti-money laundering regulations, in connection with alleged cases of corruption in Venezuela.
Next 10 March will open a new era in the investment management industry as the European Sustainable Finance Disclosure Regulation (SFDR) will kick off, paving the way for the other EU "green" frameworks to be released throughout the next two years.
The European Insurance and Occupational Pensions Authority (EIOPA) has called for experts to joint a Practitioners Network on Pension Tracking Systems (Network).