Highlights

March 2021

Regulation The latest episode in the PRIIPs saga

The application of PRIIPs has been mired in controversy. Our view remains that the latest attempts to address problems with the regulation are a step forward but fail to remedy the fundamental flaws. The analysis of Anastasia Petraki, Head of Policy Research at (...)

Regulation

ESMA tells fund managers to improve readiness for future adverse shocks

Regulation

Will climate risks be incorporated into cost of capital calculations under Solvency 2?

Archives

Latest articles

Popular articles

March 2020

Regulation ESMA requires net short position holders to report positions of 0.1% and above

The European Securities and Markets Authority (ESMA) has issued a decision temporarily requiring the holders of net short positions in shares traded on a European Union (EU) regulated market to notify the relevant national competent authority (NCA) if the position reaches or (...)

April 2019

Regulation ESMA clarifies format for disclosure of risk factors in prospectuses

The European Securities and Markets Authority (ESMA) has published its final guidelines on how national competent authorities (NCAs) should review risk factors, as required by the new Prospectus Regulation (PR).

March 2019

Regulation EIOPA investigates how ESG and climate risks will be included in Solvency 2

In March 2018, the European Commission adopted an action plan to integrate sustainable finance within the financial system. For this purpose it asked EIOPA and ESMA to submit proposals on how to take ESG and climate risks into account under Solvency 2 and the Insurance (...)

January 2019

Regulation ESMA consults on measures to promote sustainability in EU capital markets

The European Securities and Markets Authority (ESMA) has today launched three public consultations on sustainable finance initiatives to support the European Commission’s (EC) Sustainability Action Plan in the areas of securities trading, investment funds and credit rating (...)

September 2018

Regulation Volatility spikes underline fragilities and risks to EU securities markets and investors

European Union (EU) securities markets, infrastructures and investors face new risks in the form of high volatility, the European Securities and Markets Authority (ESMA) said today in its latest Trends, Risks, and Vulnerabilities (TRV) Report (No 2, 2018). ESMA also (...)

March 2018

Regulation ESMA agrees to prohibit binary options and restrict CFDs to protect retail investors

The European Securities and Markets Authority (ESMA) has agreed on measures on the provision of contracts for differences (CFDs) and binary options to retail investors in the European Union (EU).

January 2018

Regulation Investors should join forces to demand better sell-side research

A new survey draws attention to widespread flaws in sell-side research. But the advent of MiFID II may provide an opportunity for investors to push for change, write Steve Waygood and Anita Skipper.

September 2017

Regulation ESMA sees valuation risk at highest levels due to financial weakness and geopolitical uncertainty

The European Securities and Markets Authority (ESMA)’s latest report on Trends, Risks and Vulnerabilities No. 2, 2017 (TRV) identifies high asset price valuations as the major risk for European financial markets in the second half of (...)

July 2017

Regulation ESMA issues sector-specific principles on relocations from the UK to the EU27

The European Securities and Markets Authority (ESMA) has published three Opinions setting out sector-specific principles in the areas of investment firms, investment management and secondary markets, aimed at fostering consistency in authorisation, supervision and (...)

July 2017

Regulation ESMA consults on the evaluation of the short-selling regulation

The European Securities and Markets Authority (ESMA) issues today a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR)...

June 2017

Regulation ESMA issues principles on supervisory approach to relocations from the UK

The European Securities and Markets Authority (ESMA) has published an Opinion setting out general principles aimed at fostering consistency in authorisation, supervision and enforcement related to the relocation of entities, activities and functions from the United (...)

May 2017

Regulation ESMA consults on Money Market Funds rules

The European Securities and Markets Authority (ESMA) has published a Consultation Paper (CP) on the Money Market Funds Regulation (MMFR).

April 2017

Regulation ESMA reports on EU accounting enforcement in 2016

ESMA reports on EU accounting enforcement in 2016 The European Securities and Markets Authority (ESMA) has published its annual report on the enforcement and regulatory activities of accounting enforcers within the European Union (EU) in (...)

April 2017

Regulation ESMA proposes updates to endorsement guidelines for 3rd country credit ratings

The European Securities and Markets Authority (ESMA) has published a consultation paper (CP) on updating its Guidelines on the application of the endorsement regime under the CRA (Credit Rating Agencies) Regulation.

March 2017

Regulation ESMA publishes final rules to ensure integrity of EU financial benchmarks

The European Securities and Markets Authority (ESMA) has published its final report containing the draft regulatory and implementing technical standards (RTS/ITS) under the Benchmarks Regulation (BMR)...

1 | 2 | 3 | 4 | 5 | 6 |>

Latest articles

Popular articles

Logo

Regulation Solvency II: Advantage convertible bonds

The results of QIS 5 confirmed that convertible bonds bear low capital cost. A balanced-profile convertible bond portfolio with optimized convexity therefore obtains a moderate intrinsic SCR whilst benefiting from «equity» (...)

Logo

Regulation ESMA consults on future rules for financial benchmarks

The European Securities and Markets Authority (ESMA) has today published a consultation paper regarding its draft regulatory and implementing technical standards (RTS/ITS) which will implement the Benchmarks Regulation (...)

Logo

Regulation ESMA consults on UCITS remuneration guidelines

The European Securities and Markets Authority (ESMA) has launched a consultation on proposed Guidelines on sound remuneration policies under the UCITS V Directive and AIFMD. The Directive includes rules that UCITS must comply with when establishing and applying a (...)

Logo

Regulation Financial transactions taxation is applicable to France

According to the firm 99 Partners Advisory, it is possible, from now, to put in place a tax on financial transactions,

Logo

Regulation ESMA consults on implementation of the Benchmarks Regulation

The European Securities and Markets Authority (ESMA) has today published a Discussion Paper (DP) regarding the technical implementation of the incoming Benchmarks Regulation (BR)...

Logo

Regulation ESMA readies MiFID II, MAR, and CSDR

The European Securities and Markets Authority (ESMA) today published its final technical standards (TS) on some of the most important pieces of post-crisis financial regulation: the Markets in Financial Instruments Directive (MiFID (...)

Logo

Regulation Investors should join forces to demand better sell-side research

A new survey draws attention to widespread flaws in sell-side research. But the advent of MiFID II may provide an opportunity for investors to push for change, write Steve Waygood and Anita Skipper.

Logo

Regulation Aviation in the EU ETS: ECJ clears the runway

The inclusion of the aviation sector from January 1st 2012 onwards represents a new step in the implementation of the EU Emissions Trading Scheme (EU ETS)…

Logo

Regulation Short-selling bans unlikely to prevent share price slides

New evidence from 30 countries shows short-selling restrictions fail to support stock prices and reduce market liquidity, study suggests

Logo

Regulation ESMA consults on the evaluation of the short-selling regulation

The European Securities and Markets Authority (ESMA) issues today a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR)...

Logo

Regulation EDHEC-Risk Institute denounces short selling bans

EDHEC-Risk Institute condemns the August 11 decisions by the financial market authorities in Belgium, France, Italy and Spain to impose or extend short-selling bans in the wake of renewed market volatility.

Logo

Regulation ESMA proposes updates to endorsement guidelines for 3rd country credit ratings

The European Securities and Markets Authority (ESMA) has published a consultation paper (CP) on updating its Guidelines on the application of the endorsement regime under the CRA (Credit Rating Agencies) Regulation.

Logo

Regulation Amundi Alternative Investments obtains AIFM authorisation

Amundi Alternative Investments SAS (Amundi AI), a wholly-owned subsidiary of Amundi, has obtained AIFM authorisation from the French securities regulator (Autorité des Marchés Financiers) for all of its investment solutions. The AIFM directive, transposed by the EU member (...)

Logo

Regulation ESMA publishes letter from European Commission on AIFMD passport

The European Securities and Markets Authority (ESMA) has published the letter it received from the European Commission (EC) in respect of its advice on the application of the Alternative Investment Fund Managers Directive (AIFMD) passport to non-EU AIFMs and AIFs, and ESMA’s (...)

Logo

Regulation AMF publishes 2010 report on credit rating agencies

The AMF’s seventh annual report on credit rating agencies (CRAs) covers international regulatory developments, the European registration procedure and credit ratings.

Focus

Regulation Regulatory prospects: 2012 and beyond

2009 was a year of intense reflection on the functioning of the financial sector. There followed an intense regulatory activity in 2010, unfortunately with few formal adoptions of regulations. 2011 marked the surge of the will to succeed with provisional schedules. Where do (...)

Focus

Solvency II

Solvency II: What is the impact of Solvency II for asset allocation? | Using of hedging strategies for portfolios via derivatives | Internal model or a standard model

Selection: Regulation

Note The impact of Solvency 2 on insurers asset allocation

Implications for asset allocation? Incitement to diversification? Optimization of the volatility hedging ratio ? Allocation depending on the level of wealth of the insurance company? Groupama AM updates on the impact of Solvency 2 for (...)

Note Challenges for Europe’s banks

Even in the seemingly unlikely case that a comprehensive solution to the sovereign crisis is found, the changed regulatory backdrop is a major challenge for the banks, and probably for the economy as a whole.

News Forex: the list of unauthorised websites in France

ACP and AMF update the list of unauthorised websites offering forex investments

Advanced search

© Next Finance 2006 - 2024 - All rights reserved