The Austrian Financial Market Authority (FMA) has set itself the goal for 2022 of conducting a cross-sector survey to determine the extent to which sustainability risks are already integrated into the strategy, governance and risk management of the Austrian financial market. For this purpose, the FMA Guide on Dealing with Sustainability Risks…

The IAIS has published its monthly newsletter with the main focus on the "Year in Review 2021" report.

Please find the newsletter here.

The EBA has published its annual report on the convergence of supervisory practices for 2021. Competent authorities have made progress in implementing…

The Council Presidency and the European Parliament reached a preliminary agreement on the Digital Operational Resilience Act (DORA), which aims to ensure that the financial sector in Europe is able to maintain its operations in the event of a severe operational disruption.

DORA establishes uniform requirements for the security of…

The report Impacts of the Russian invasion of Ukraine on financial market conditions and resilience: assessment of global financial markets (OECD 2022) assesses the…

The Oesterreichische Nationalbank points out that after completion of the annual audit, reports are to be submitted without delay, at the latest 6 months after the annual financial statements, in which any changes to ITS data or nGAAP FINREP data are transmitted. In these reports, the item "Audited data" is to be set to "Y". It should also be…

The ESMA has published its latest edition of its Spotlight on Markets Newsletter. It focuses on the advice to the European Commission on elements of retail investor protection. In addition, the European Supervisory Authorities’ (ESAs) published their Annual Report providing a detailed account of joint work completed over the past year. The main…

The EBA published a Report on non-bank lending in response to the European Commission’s February 2021 Call for Advice on this topic. The EBA’s proposals aim at addressing risks arising from the provision of lending by non-bank entities in the areas of supervision, consumer protection, anti-money laundering and countering the financing of…

Climate-related risks, including physical, transition and liability risks, may be transmitted across the financial system through various transmission channels and may be amplified by the financial system, including across borders and across sectors. A more consistent global approach to addressing climate-related risks will help to better…

The Single Resolution Board (SRB) has published its minimum requirement for own funds and eligible liabilities (MREL) dashboard covering the reporting period Q4.2021. It shows that banks continue to make progress in building up their levels of MREL.

Please find the dashboard…