The European Securities and Market Authority (ESMA) will launch an assessment of German regulator BaFIN and the Financial Reporting Enforcement Panel (FREP), following Wirecard collapse.
The EU regulator European Securities and Markets Authority (ESMA) conducted its third stress test on European Central Counterparties (CCPs), confirming the overall resilience to common shocks, multiple defaults for credit, liquidity and concentration stress risks.
The Norwegian €1trn Government Pension Fund Global (GPFG) called for EU-level harmonisation in the areas of corporate sustainability reporting, supply chain due diligence and shareholder voting, to reinforce sustainable finance goals.
European Securities and Markets Authority (ESMA) clarified that money market funds (MMFs) may enter into transactions with third parties, if stipulations in Article 35 of MMF Regulations are met.
The Swiss Financial Market Supervisory Authority (Finma) has granted OSIF and OSFIN the first licences as supervisory organisation to oversee portfolio managers and trustees.
Global index, data and analytics provider FTSE Russell publishes daily indicative term SONIA reference rates based on overnight indexed swaps (OIS) to replace LIBOR by 2021.
With negotiations on future trade relations bogging down, London and Brussels ratchet up their warnings on the issue of equivalence.
The climate risk analysis pilot exercise for French banks and insurers scheduled for the second half of 2020 is proving especially hard to conduct.