Financial Regulation Weekly Bulletin - 20 June 2024

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Includes developments in relation to: AI; SFDR; MiCA; Basel III; CRR; CRR III and CRD VI; climate-related disclosure; digital engagement practices; AML; and politically exposed persons.

General

  • AI in the financial sector - European Commission launches consultation
  • SFDR - ESAs publish opinion and recommendations for improvement
  • MiCA - EBA publishes final package of technical standards and guidelines

Banking and Finance

  • European Commission publishes speech announcing delay to Basel III reforms on market risk
  • CRR - Delegated Regulations published in Official Journal
  • CRR III and CRD VI published in Official Journal
  • Guide on climate-related disclosure for central banks - NGFS publishes second edition

Securities and Markets

  • Digital engagement practices - FCA publishes research note on trading apps experiment

Financial Crime

  • AML Regulation, MLD6 and AMLA Regulation published in Official Journal
  • Treatment of politically exposed persons by financial services firms - FCA delays publication of review findings