PRIIPs KID: revised RTS
[Newsflash n. 25] Following the rejection by the European Parliament (in September 2016) of the previous draft, on 8 March 2017 the European Commission published a revised version of its “level 2” Regulatory Technical Standards [...]
Robo-advisory in the US
On 23 February 2017, the Securities and Exchange Commission (S.E.C.) published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer [...]
Report on InsurTech (IAIS)
On 21 February 2017, IAIS (International Association on Insurance Supervisors) issued a report on “FinTech Developments in the Insurance Industry”, which contains a description of the emerging technologies and innovative business models that have the [...]
ESAs consult on the establishment of central contact points to strengthen fight against financial crime
On 10 February 2017, the Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched a public consultation on draft regulatory technical standards (RTS) to help Member States determine when [...]
ESAs consult on packaged retail and insurance-based investment products with environmental or social objectives (EOS PRIIPs)
On 10 February 2017, the European Supervisory Authorities (ESAs) launched a consultation on a proposal to set minimum requirements, which manufacturers of packaged retail and insurance-based investment products with environmental or social objectives (EOS PRIIPs) [...]
IOSCO Report on FinTech
On 8 February 2017, IOSCO published a report on the evolution of financial technologies and its intersection with securities markets regulation. Many definitions of FinTech have been provided in the last year or so. IOSCO [...]