(Only in Italian)

Banca d’Italia ha pubblicato gli ultimi aggiornamenti alle proprie Circolari sulle segnalazioni statistiche e di vigilanza individuali e consolidate delle banche e degli altri intermediari finanziari vigilati. In particolare, gli aggiornamenti hanno ad oggetto:

EBA published today a Report on the application of early intervention measures under the Bank Recovery and Resolution Directive (BRRD). The Report highlights the key challenges faced by supervisors in the application of the current regulatory framework on the early intervention measures (EIMs) and various options for addressing them. The Report  follows the Discussion Paper launched in June 2020 to explore ways of enhancing crisis management tools available for competent authorities in addition to well-established and widely used supervisory powers laid down in the Capital Requirements Directive (CRD) and in the Single Supervisory Mechanism Regulation (SSMR).

ESMA has today launched a consultation, as part of the post-Covid MiFID II Recovery Package, seeking input from market participants on its draft Technical Standards for commodity derivatives. ESMA’s proposals relating to the application of position limits to commodity derivatives focus on:

  • developing procedures for financial entities undertaking hedging activities and for liquidity providers to apply for an exemption from position limits; and
  • suggesting other technical adjustments to improve the application of the position limit regime in practice.

In addition, the Consultation Paper also contains ESMA’s proposals for technical standards on position management controls.

The consultation will end on 23 July 2021.