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EU & UK Reg Round Up: 13/12/2024

European Banking Authority ESAs publish guidelines on crypto-asset classification - 10 December 2024 The European Supervisory Authorities (EBA, EIOPA, and ESMA) have issued joint Guidelines to standardize the regulatory classification of crypto-assets under MiCAR. The Guidelines include a standardized test and templates for legal opinions and white paper explanations, ensuring

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EU & UK Reg Round Up: 27/11/2024

European Banking Authority EBA updates list of CET1 instruments - 27 November 2024 The EBA has released an updated list of capital instruments classified as Common Equity Tier 1 (CET1). This update incorporates several significant changes since the last publication in December 2022. Notably, references to grandfathered instruments have been

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EU & UK Reg Round Up: 13/11/2024

European Banking Authority EBA publishes follow-up report on supervision of non-performing exposures management - 07 November 2024 The European Banking Authority (EBA) has released a follow-up to its 2022 Peer Review report, assessing how competent authorities supervise credit institutions' management of non-performing exposures (NPEs). The report highlights notable improvements

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EU & UK Reg Round Up: 30/10/2024

European Banking Authority EBA publishes draft technical package for reporting framework 4.0 - 23 October 2024 The EBA published a draft technical package for version 4.0 of its reporting framework, marking an early step towards the final release in December 2024. This draft, which applies to reporting obligations

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EU & UK Reg Round Up: 10/10/2024

European Banking Authority EBA published its final guidelines on how token holders should be redeemed in the event of an issuer related crisis - 9 October 2024 These Guidelines, part of the Markets in Crypto-Assets Regulation (MiCAR), are directed towards competent authorities and apply to issuers of asset-referenced tokens (ARTs)

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EU & UK Reg Round Up: 19/09/2024

European Banking Authority EBA issues revised list of validation rules - 12 September 2024 The European Banking Authority (EBA) has released a revised list of validation rules under its Implementing Technical Standards (ITS) on supervisory reporting. The update highlights rules that have been deactivated due to either incorrectness or IT

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EU & UK Reg Round Up: 29/07/2024

European Banking Authority EBA updates list of systematically important institutions - 11 July 2024 The EBA has updated the list of other systemically important institutions (O-SIIs) in the EU, based on data from year-end 2023. This list, along with the list of global systemically important institutions (G-SIIs), is created using

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EU & UK Reg Round Up: 18/06/2024

European Banking Authority EBA issues Opinion on adjusting the risk weight for commercial immovable properties - 7 June 2024 The Norwegian Ministry of Finance notified the EBA about their intention to amend the risk weights for exposures secured by mortgages on commercial immovable property. The EBA acknowledges the concerns raised

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EU & UK Reg Round Up: 27/05/2024

European Banking Authority EBA launch a consultation on its draft RTS regarding the equivalent mechanism for unfinished property - 13 May 2024 The consultation is regarding the draft RTS under the CRR3 regulation where they specify new conditions that a legal mechanism should meet to recognise a property under construction

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EU & UK Reg Round Up: 09/05/2024

European Banking Authority EBA launch a public consultation on the specification of long and short positions - 24 April 2024 This public consultation will focus on identifying the main risk driver and determining whether a transaction represents a long or short position. This comes under the derogations for market and

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