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Final Guidance European Union

Goodwin

ESG and EU Fund Names: ESMA’s Final Guidelines

Goodwin on

On 14 May 2024, the European Securities and Markets Authority (ESMA) published its final guidelines ESMA34-472-440 Final Report on the Guidelines on funds names (europa.eu) on the use of ESG- or sustainability-related terms...more

Latham & Watkins LLP

ESMA Finalises Guidelines on Fund Names

Latham & Watkins LLP on

Guidelines indicate when asset managers may legitimately use ESG or sustainability-related terms in their fund names. On 14 May 2024, ESMA published its final Guidelines on funds’ names using ESG- or...more

Latham & Watkins LLP

FCA Publishes Final Guidance on the Trading Venue Perimeter

Latham & Watkins LLP on

UK regulator follows the European Securities and Markets Authority in clarifying the scope of the trading venue perimeter. On 5 July 2023, the FCA published its Policy Statement (PS23/11) containing final guidance on the...more

Latham & Watkins LLP

BIS Issues Final Guidance on Stablecoin Regulation

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The global central bank cooperative body would bring stablecoins within the international standards for payment, clearing, and settlement systems....more

A&O Shearman

Final EU Guidelines For Improving Settlement Efficiency Published

A&O Shearman on

The European Securities and Markets Authority has published a final report and final Guidelines on standardized procedures and messaging protocols for investment firms under the Central Securities Depositaries Regulation....more

A&O Shearman

European Securities and Markets Authority Publishes Final Guidance on Liquidity Stress Tests for Investment Funds

A&O Shearman on

The European Securities and Markets Authority has published a report containing its final guidelines on liquidity stress testing in Alternative Investment Funds and Undertakings for Collective Investment in Transferable...more

Latham & Watkins LLP

Latest UK Developments on the Regulation of Cryptoassets

Latham & Watkins LLP on

FCA finalises guidance on cryptoassets and consults on product intervention measures. FCA guidance on the regulation of cryptoassets - As previously reported in this blog, the FCA consulted on guidance on cryptoassets...more

A&O Shearman

European Central Bank Publishes Final Guides for Capital and Liquidity Management

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The European Central Bank has published two finalized Guides, one on the internal capital adequacy assessment process (ICAAP) and the other on the internal liquidity adequacy assessment process (ILAAP). The ECB consulted on...more

A&O Shearman

EU National Regulators To Confirm If They Intend to Comply With MiFID II Suitability Guidelines

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The European Securities and Markets Authority has published on its website the official translations of its revised Guidelines on aspects of the suitability requirements under the revised Markets in Financial Instruments...more

A&O Shearman

European Banking Authority Final Guidelines on Managing Non-Performing and Forborne Exposures

A&O Shearman on

The European Banking Authority has published a final report setting out finalized Guidelines on management of non-performing exposures (NPEs) and forborne exposures (FBEs). The EBA consulted on a draft of the Guidelines in...more

A&O Shearman

Financial Action Task Force Publishes Final Guidance on a Risk-Based Approach for the Securities Sector

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The Financial Action Task Force has published the finalized version of its Guidance on a Risk-Based Approach for the Securities Sector. The finalized Guidance was adopted at the FATF's plenary meeting held on October 17—19,...more

A&O Shearman

Final EU Guidelines on Internalized Settlement Reporting Under the Central Securities Depositories Regulation

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The European Securities and Markets Authority has published final Guidelines on Internalized Settlement Reporting under the Central Securities Depositories Regulation. The CSDR, which introduces common standards for...more

A&O Shearman

European Securities and Markets Authority and European Banking Authority Final Guidelines on Suitability of Management Body...

A&O Shearman on

Following consultation in late 2017, the European Securities and Markets Authority and European Banking Authority have jointly published final Guidelines on the assessment of the suitability of members of management bodies...more

A&O Shearman

Final EU Guidelines on Information Required for Authorization Applications by Payment Institutions

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The European Banking Authority has published final Guidelines on the information to be provided for the authorization of payment institutions and electronic money institutions, and for the registration of account information...more

A&O Shearman

Leveraged Lending: Summary of ECB Guidance compared to US Guidance

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In May 2017, the European Central Bank published its final Guidance on Leveraged Transactions (the “ECB Guidance”). The ECB Guidance will come into effect six months after publication and will apply to all “significant credit...more

Latham & Watkins LLP

European Central Bank Publishes Final Guidance on Leveraged Transactions

Latham & Watkins LLP on

The ECB final guidance reflects market feedback and is more closely aligned to the US leveraged lending guidance. The European Central Bank (ECB) published the long-awaited final guidance on leveraged lending on 16 May...more

A&O Shearman

UK Payment Systems Regulator Publishes Final Guidance on the European Interchange Fee Regulation

A&O Shearman on

The UK Payment Systems Regulator published the final Guidance on its approach to monitoring compliance with the EU Interchange Fee Regulation. The final Guidance consolidates the previous final Guidance published in March...more

A&O Shearman

Final EU Guidelines on Transaction Reporting, Order Record Keeping and Clock Synchronization Published

A&O Shearman on

The European Securities and Markets Authority published a Final Report providing its responses to the feedback on the proposed Guidelines on transaction reporting, order record keeping and clock synchronization under the...more

A&O Shearman

Final EU Guidelines on Information regarding Commodity Derivatives and Spot Markets

A&O Shearman on

The European Securities and Markets Authority published a Final Report and final Guidelines on information expected or required to be disclosed on commodity derivatives markets or related spot markets under the Market Abuse...more

A&O Shearman

The White House Final Greenhouse Gas Guidance Directs Federal Agencies to Consider Climate Change and Greenhouse Gas Emissions...

A&O Shearman on

On August 1, 2016, the White House Council on Environmental Quality published its final guidance to federal agencies requiring the consideration of greenhouse gas (GHG) emissions and effects on climate change when evaluating...more

Morgan Lewis

ESMA Publishes Guidelines for UCITS V Remuneration Policy

Morgan Lewis on

The guidelines, which apply from 1 January 2017, seek to clarify the concepts of disclosure, governance, and risk alignment in respect of remuneration; in advance of this date, non-EU investment managers of UCITS should...more

Eversheds Sutherland (US) LLP

UK Payment Systems Regulator Issues Guidance Setting Credit and Debit Interchange Caps

On March 24th, the United Kingdom’s Payment Systems Regulator (PSR) issued final guidance establishing interchange fee caps on credit and debit card transactions where the point of sale is located in the United Kingdom. The...more

Cadwalader, Wickersham & Taft LLP

The EBA’s New Remuneration Guidelines: Expanding the Scope of the Bonus Cap

On 21 December 2015 the European Banking Authority (“EBA”) published its final guidelines on sound remuneration policies (the “Guidelines”), together with its opinion on proportionality (the “EBA Opinion”)....more

Orrick - Finance 20/20

EBA Issues Guidelines on Management of Interest Rate Risk Arising from Non-Trading Activities

On May 22, 2015, the European Banking Authority (EBA) published its final guidelines on the management of interest rate risk arising from non-trading activities (EBA/GL/2015/08). The guidelines cover the management of...more

Orrick - Finance 20/20

EBA Issues Guidance on the Implementation of Resolution Tools

Orrick - Finance 20/20 on

The EBA has published three sets of final guidelines aimed at facilitating the implementation of resolution tools in the banking sector across the EU. The guidelines have been developed under Articles 39, 42 and 65 of the EU...more

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