( Only in Italian)

IVASS ha posto in pubblica consultazione l’aggiornamento del Regolamento ISVAP n. 7/2007 e relativi allegati, concernente gli schemi per il bilancio delle imprese di assicurazione e di riassicurazione che sono tenute all’adozione dei principi contabili internazionali di cui al Titolo VIII (Bilancio e scritture contabili), Capo I (Disposizioni generali sul bilancio), Capo II (Bilancio di esercizio), Capo III (Bilancio consolidato) e Capo V (Revisione legale dei conti) del decreto legislativo 7 settembre 2005 n. 209 (Codice delle Assicurazioni private) .

L’aggiornamento è finalizzato principalmente a recepire le novità introdotte dall’IFRS 17 (Contratti assicurativi), omologato nella legislazione europea con il Regolamento (UE) 2021/2036 della Commissione del 19 novembre 2021.

La pubblica consultazione rimarrà aperta fino al 16 aprile 2022.

ESMA has publishes the first Trends, Risks and Vulnerabilities (TRV) Report of 2022 and, in its outlook for 2022, continues to see high risks to institutional and retail investors of further, possibly significant, market corrections.

The pandemic’s resurgence at the end of 2021 and an uncertain economic and monetary policy outlook are leading market participants to revisit their growth and market expectations. Going forward, we continue to see high risks to investors of further – possibly significant – market corrections as markets remain nervous and geopolitical tensions are rising.

ESMA has published its response to the European Commission’s targeted consultation on the Listing Act.

The response reflects ESMA’s views on the functioning of the existing regulatory framework for companies’ listing on public markets, particularly in relation to prospectus, corporate governance, transparency, and market abuse rules.

ESMA has updated its Guidelines on stress test scenarios pursuant to Regulation (EU) 2017/1131 on money market funds (MMFs).

These Guidelines apply in relation to Article 28 of the MMF Regulation and establish common benchmarks for stress test scenarios to be included in stress tests conducted by the MMF or MMF managers in accordance with that Article.

The amendments concern technical clarifications on the typology of stress tests and their calibration so that MMF managers have the necessary information to fill in the corresponding fields in the reporting template referred to in Article 37 of the MMF Regulation.