Mondo Visione Worldwide Financial Markets Intelligence

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  • EBA Consults On Revised Guidelines On Money Laundering And Terrorist Financing Risk Factors

    Date 05/02/2020

    The EBA issued today a public consultation on revised money laundering and terrorist financing (ML/TF) risk factors Guidelines as part of a broader communication on AML/CFT issues. This update takes into account changes to the EU Anti Money Laundering and Counter Terrorism Financing (AML/CFT) legal framework and new ML/TF risks, including those identified by the EBA’s implementation reviews. These Guidelines are central to the EBA’s work to lead, coordinate and monitor the fight against money laundering and terrorist financing, explained in the accompanying factsheet. The consultation runs until 5 May 2020.

  • ESMA Launches A Common Supervisory Action With NCAs On MiFID II Suitability Rules

    Date 05/02/2020

    The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a common supervisory action (CSA) with  national competent authorities (NCAs) on the application of MiFID II suitability rules across the European Union (EU). The CSA will be conducted during  2020

  • EBA Acts To Improve AML/CFT Supervision In Europe

    Date 05/02/2020

    • Results from the first AML implementation review highlight that competent authorities are working hard to reform their approach to AML/CFT supervision. 
    • Challenges remain that need to be addressed to ensure AML/CFT supervision is risk based, proportionate and effective.
    • The EBA is reviewing competent authorities’ approach to AML/CFT supervision as part of its duty to lead, coordinate and monitor European supervisors’ AML/CFT policies and efforts.

  • ESMA Proposes To Amend The Technical Standards In View Of The Postponing Of The Entry Into Force Of The CSDR Settlement Discipline

    Date 05/02/2020

    The European Securities and Markets Authority (ESMA) has published today a Final Report on draft regulatory technical standards (RTS) on postponing the date of entry into force of the Commission Delegated Regulation (EU) 2018/1229 (RTS on settlement discipline) to 1 February 2021.

  • EBA Issues Updated List Of Validation Rules And Related Taxonomy To Improve Data Quality

    Date 05/02/2020

    The European Banking Authority (EBA) issued today an updated list of validation rules and XBRL taxonomy related to its Implementing Technical Standards (ITS) on supervisory reporting. This update aims to improve data quality issues for the reporting framework v 2.9.