ESAs specify criticality criteria and oversight fees for critical ICT third-party providers under DORA

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The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their joint response to the European Commission’s Call for Advice on two EC delegated acts under the Digital Operational Resilience Act (DORA) specifying further criteria for critical ICT third-party service providers (CTPPs) and determining oversight fees levied on such providers. In relation

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FCA confirms leasehold buildings insurance reforms

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The FCA has confirmed new measures to support leaseholders in the multi-occupancy buildings insurance market. From the new year, insurance firms will be forced to act in leaseholders’ best interests, treat leaseholders as customers when designing products and will be banned from recommending an insurance policy based on commission or remuneration levels. Insurers will also

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The ACPR and the AMF warn the public against the activities of several players who offer investments in Forex and derivative products on crypto-assets in France without being authorized to do so

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L’Autorité bancaire européenne (ABE) a lancé le 31 janvier 2023 un test de résistance qui a porté sur les 70 groupes bancaires européens les plus importants, dont 57 groupes sous la supervision directe de la Banque centrale européenne (BCE), et couvrant environ 75% des actifs du système bancaire européen. En parallèle, la BCE a lancé

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ESAs analyse the extent of voluntary disclosure of principal adverse impacts under the SFDR

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The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their second annual Report on the extent of voluntary disclosure of principal adverse impacts under the Article 18 of the Sustainable Finance Disclosure Regulation (SFDR). Similar to the approach adopted for 2022 Report, the ESAs launched a

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