Regulatory News
ESMA has published Q&As on the onboarding of data contributors to the EU’s consolidated tapes, and on the operational rules for the consolidated tape providers.
EIOPA has published its annual report on the costs and past performance of retail investment products in the EU, covering the period from 1 January 2020 to 31 December 2024.
EIOPA has published its third report on the application of the IDD, which considers changes in insurance intermediaries' market structure, developments in cross-border activity, the quality of advice and selling methods, the impact of the IDD on insurance intermediaries that are SMEs, and whether competent authorities are sufficiently empowered and have adequate resources to carry out their tasks.
ECB reports that it is streamlining how it assesses changes to banks’ internal models for credit risk. By shifting from an ex ante to an ex post assessment, ECB states that it is making the approval process faster and more predictable for banks.
This update from the ESAs focuses on the challenges arising from ongoing geopolitical tensions and developments in private finance.
FSB has published its report on work undertaken in 2025.
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The EC has sent letters of formal notice to Cyprus, Hungary, the Netherlands, Portugal, Romania, Slovakia, Slovenia and Spain for not having notified any implementation measures for AMLD V. If the EC does not receive a satisfactory response within two months, reasoned opinions may be sent to the Member States.
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ESMA has issued four opinions concerning product intervention measures in relation to CFDs and binary options taken by the German, Hungarian, Maltese and Polish national competent authorities.
The EC has found that Hungarian and Italian plans aimed at transferring non-performing loans off the balance sheets of Hungarian and Italian banks to be free of any state aid, concluding that the pricing models used by the Hungarian asset management company ensure it will buy non-performing loans at market prices. The EC decided that, under the state guarantee scheme arranged by Italian authorities, the state will be remunerated in line with market conditions for the risk it will assume by granting a guarantee on securitised non-performing loans.
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EIOPA has announced that it has updated the technical information on the relevant risk free interest rate term structures for the Hungarian forint. Technical information related to all other currencies has not changed.
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