The report covers the progress made to date in improving EMIR data quality for regulatory and supervisory use and concludes that, while good progress has been made, additional efforts are needed by national competent authorities (NCAs) and ESMA to further improve EMIR data quality.
The analysis of reported data indicates that there are a significant number of derivatives that are being reported late, not in line with the EMIR format and content rules, as well as derivatives that do not reconcile or are not reported altogether.
In view of the fact that the SFTR reporting regime was only launched recently, presents a limited overview of SFTR data quality in terms of key data quality indicators, such as rejection rates, as well as an overview of the data reporting landscape.
In the report ESMA finds that the costs of investing in key financial products, such as UCITS funds, retail alternative funds, and structured investment products (SRPs) remain high and diminish the investment outcome for final investors.
EBA has published its final draft Regulatory Technical Standards (RTS) specifying the conditions according to which consolidation shall be carried out in line with Article 18 of the Capital Requirements Regulation (CRR)
These final draft RTS specify the conditions for the application of the different methods of prudential consolidation applied for the calculation of the CRR requirements on a consolidated basis. Entities to be included in the scope of prudential consolidation are, in particular, institutions, financial institutions and ancillary services undertakings.
Compared to the Consultation Paper, the final draft RTS have been revised also to reflect the amendments introduced as part of the Risk Reduction Measures Package adopted by the European legislators.
EBA has updated today the list of Other Systemically Important Institutions (O-SIIs) in the EU, which, together with Global Systemically Important Institutions (G-SIIs)
This list is based on end-2019 data and also reflects the O-SII score and the capital buffers that the relevant authorities have set for the identified O-SIIs.
– “CapitalEU”(website www.capitaleu.com);
– SPTrade24 Ltd(website www.sptrade-24.com);
– “MarketsEU”(website www.marketseu.com).
The number of websites blacked out since July 2019 has thus risen to 426.
(Only in Italian)
È stato pubblicato il decreto del 9 marzo 2021 del Ministero dello sviluppo economico d’intesa con il Ministero del lavoro e delle politiche sociali che riorganizza le funzioni e la composizione della Struttura per le crisi d’impresa.
Il decreto, che ha ottenuto il via libera della Corte dei Conti, potenzia l’organismo che supporta il vertice politico-amministrativo nella gestione dei tavoli di crisi, dotandolo di competenze professionali qualificate, funzionali a elaborare proposte operative e di intervento per il superamento delle crisi aziendali.
L’obiettivo è individuare strumenti innovativi per favorire azioni direindustrializzazioneericonversionedelle aree colpite dalla crisi, nonché tutelare e salvaguardare i lavoratori coinvolti.
La Struttura avrà inoltre il compito di favorire l’attrazione di investimenti, sia attraverso investitori nazionali che internazionali, quale strumento per la risoluzione di crisi aziendali.