EU Regulatory Update

REGULATORY UPDATESGENERAL FSB Publishes Annual Report on Implementation and Effects of Financial Regulatory ReformsOn 13 November, the Financial Stability Board (“FSB”) published its 2020 report on the implementation and effects of the G20 financial regulatory...

EU Regulatory Update

GENERAL FSB Publishes Report Regarding BigTech Firms in Emerging Markets and Developing EconomiesOn 12 October, the Financial Stability Board (“FSB”) published a report titled “BigTechFirms in Finance in Emerging Market and Developing Economies” (“EMDEs”). The report...

EU Regulatory Update

REGULATORY UPDATESGENERAL European Commission DG FISMA Delivers Remarks Regarding Sustainable Finance StrategyOn 15 September, Patomak understands that Martin Spolc, Head of the Financial Technology and Sustainable Finance Unit of the European Commission’s...

EU Regulatory Update

REGULATORY UPDATESGENERAL FSB Publishes Questionnaire Regarding Continuity of Access to FMIs for Firms in ResolutionOn 14 August, the Financial Stability Board (“FSB”) published a questionnaire to collect information regarding the continuity of access to financial...

EU Regulatory Update

REGULATORY UPDATESGENERAL ESAs Publish Letter to European Commission Regarding Review of PRIIPs Delegated RegulationOn 21 July, the European Supervisory Authorities (“ESAs”) published a letter (dated 20 July 2020) sent to the European Commission regarding their review...

EU Regulatory Update

REGULATORY UPDATESGENERAL IOSCO Launches Consultation Regarding AI and ML for Market Intermediaries and Asset ManagersOn 25 June, the International Organization of Securities Commissions (“IOSCO”) launched a consultation regarding guidance on the supervision and...