ESMA has published a Final Report including Guidelines on standard templates, forms and formats to apply for permission to operate a DLT market infrastructure.

These Guidelines include templates to be used by market participants to apply for specific permission to operate any type of DLT market infrastructure (DLT MI) under the DLT Pilot Regulation (DLTR), namely: a DLT MTF, a DLT settlement system or a DLT trading and settlement system.
They also include templates for the applicants DLT MIs to request limited exemptions from specific requirements under MiFIR, MiFID II or CSDR, provided they comply with certain conditions.
Instructions on how to submit this information should be published by the national competent authorities on their website.
The Guidelines will enter into force on 23 March 2023.
Although the EU banking system proved overall resilient, the ample support provided does not give room to complacency, and the framework is to be further strengthened with a prompt implementation of Basel III.
The publication is accompanied by an update to the list of public guarantee schemes (PGS) and general payment moratoria schemes issued in response to the pandemic.
Finally, the EBA Guidelines on Covid-19 reporting and disclosure have been repealed in response to the decreasing relevance of the related public support measures, and the overall EBA proportionate approach to reporting.
Additionally, the report presents four topical focuses, notably about the impact of rising inflation and interest rates on insurers’ financial position, insurers’ use of derivates and related liquidity needs, the growing relevance of life portfolio transfers as well as non-life insurers’ underwriting exposure to physical climate change risk.