European Central Bank

Financial Services Quarterly Report - First Quarter 2013: The UCITS Agenda

The first item on the UCITS agenda for 2013 – the ESMA Guidelines on ETFs and Other UCITS Issues (the “Guidelines”) – has gone live. This article provides an update and clarity around the recently finalised Guidelines2 since...more

European Agreement on Creation of a Single Supervisory Mechanism

An agreement has been reached on the way the European Central Bank (ECB) will be responsible for the supervision of banks within the framework of the single supervisory mechanism. ...more

ECB Approves Oversight Expectations for Links Between Retail Payment Systems

On 23 November 2012 the Governing Council of the European Central Bank (ECB) approved the “Oversight expectations for links between retail payment systems”, which lay down Eurosystem oversight requirements with regard to...more