This letter, sent to the European Commission, Parliament and Council, updates policy makers on the status of applications received by national regulators and highlights issues for attention raised during the project’s first year
The ESAs’ original decision was made following the European Commission’s December 2022 inclusion of the United Arab Emirates on its list of high-risk third countries
The report measures the effectiveness of NCAs’ supervision of CCPs’ due diligence and review process of clearing members, in line with requirements outlined in EMIR
The Memorandum of Understanding establishes a framework for the Bank of England to place reliance on the Reserve Bank of India’s regulatory and supervisory activities
Through the new Union Strategic Supervisory Priority, ESMA hopes to keep pace with technology and market developments, monitor potential contagion effects of attacks and track disruptions across markets and firms
Duco has launched pre-configured processes within its EMIR assurance solution, providing core data controls between trade capture, trade reporting store and trade repository in line with EMIR ISO XML formatting
The report follows market structures between 2019 and 2022, placing a particular focus on the impact of Brexit and the UK’s “pivotal role” in equity markets
ESMA made the decision based on the inclusion of the United Arab Emirates on the high-risk third countries list included in the Commission Delegated Regulation