01/27/2021
As the main providers of finance to companies across the EU, the ability of the banking system to track and report on whether corporate activities are sustainable or not could prove crucial in assessing the rules’ success or otherwise.
01/27/2021
These challenges are set to continue into 2021 and beyond, as the sector continues to deal with unprecedented levels of complex regulatory change and ongoing, large-scale external stress events.
01/26/2021
The paper also tackles well-trodden ground regarding the potential for algorithmic collusive practices, discussing both explicit and tacit coordination between firms, as well as hub-and-spoke collusion.
01/25/2021
McGuiness has written to the EU’s three main financial regulators to demand they agree with the regulatory technical standards covering the presentation of costs and performance scenarios, according to the FT.
01/25/2021
The consultation itself acknowledges the rapid pace of change in this area that has been accelerated not only by evolving technology and innovations but by changing consumer needs and expectations, including as a result of the coronavirus pandemic.
01/25/2021
EU regulators have been given an end of January deadline by the European Commission's financial services commissioner Mairead McGuinness to come to an agreement about the overhaul of PRIIPs rules, the Financial Times has reported.