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.
IAIS has published two publications which the completion of its multi‑year cycle of assessing implementation of the supervisory material of the Holistic Framework for systemic risk in the insurance sector. These comprise a report on the 2025 targeted jurisdictional assessment which evaluated six new jurisdictions supervising 10 internationally active insurance groups, and ab update on progress made by the 10 original jurisdictions in addressing implementation gaps identified in the 2022 assessment.
This paper considers international experiences with open finance, including the UK.
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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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EIOPA has submitted its draft amendments of two implementing technical standards that set out supervisory reporting and disclosure requirements under Solvency II to the EC.
FATF’s report highlights how gaps in oversight of offshore virtual asset service providers are exploited to facilitate large-scale fraud, money laundering, and terrorism financing. The report includes a chapter on good practices to detect, license or register and supervise such providers.
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