On 20th May 2020, the Korean government announced specific plans to create a special purpose vehicle (SPV) aimed at supporting the corporate bond and commercial paper markets. The government, the Bank…
Multiple authorities submitted their response to the European Commission (EC) public consultation on the review of the MiFID II/MiFIR regulatory framework. The consultation period was extended to 18th May 2020 due to COVID-19. Highlights â…
On 19th May 2020, Korean government announced that it has approved the revisions to the enforcement decree of the Financial Investment Services and Capital Markets Act on May 19 in preparation…
On 14th May 2020, the General Board of the European Systemic Risk Board (ESRB) discussed the Market illiquidity and implications for asset managers and insurers due to coronavirus (COVID-19). ESRB stated…
On 14th May 2020, the AutoritĂ© des MarchĂ©s Financiers (AMF) announced that further to PACTE Law, it is updating its policy to take into account the impact of legislative and regulatory…
The CSSF has updated question 7 to include information about changes made for the reporting Early Warning on large redemptions (UCITS). The following has been added to the answer: The…
On 10 March 2020, the CSSF implemented a specific monitoring of the largest investment fund managers (âIFMâ) in view of the specific circumstances and risks to which these companies were…
Due to the high levels of market volatility and the disruption caused by COVID-19, ASIC has published a letter on liquidity management to mangers: Reminding them of their legal obligations…
The Financial Services Regulatory Initiatives Forum has launched a new initiative to help financial firms prepare for upcoming regulatory work â the Regulatory Initiatives Grid. The introduction of the Grid…
On 05th May 2020,the Federal Bank regulatory agencies announced an interim final rule that modifies the agenciesâ Liquidity Coverage Ratio (LCR) rule to support banking organizationsâ participation in the Federal…
