Pubblicazioni normative per: Altri intermediari finanziari
Ultime pubblicazioni delle autorità di vigilanza finanziaria che riguardano Altri intermediari finanziari, con tipo, impatto, date e verifiche da considerare.
Ultime pubblicazioni
Banco Central do Brasil · Comunicato · · Medio
BC - Comunicado N° 46.246 de 06/11/2026
The Banco Central do Brasil published Comunicado No. 46.246 of 6 November 2026 setting out conditions for repurchase agreement (compromissada) operations with financial institutions participating in the Ofpub module. The source text does not provide the detailed conditions, which would need to be read in the full communiqué.
Verifiche da considerare
Check whether your institution participates in the Ofpub module and would be affected by the repo conditions.
Review the full text of Comunicado No. 46.246 to confirm the specific conditions.
The FCA has published policy statement PS26/22 setting out final rules and perimeter guidance (PERG) for the regulation of ESG rating providers in the UK, following HM Treasury legislation bringing ESG ratings within the regulatory perimeter. The regime requires ESG rating providers to comply with baseline FCA rules and tailored requirements, and it is relevant to ESG rating providers, users of ESG ratings, rated companies and trade associations.
Date nel testo: 2026-12-07 Policy Statement webinar on the ESG ratings rules · 2027-01-26 Authorisations webinar for ESG ratings (registration opening soon at time of publication) · 2027-02-01 Pre-Application Support Service (PASS) becomes available from February 2027 (exact day not stated) · 2027-06-24 FCA authorisation gateway opens for ESG rating providers · 2028-06-29 New ESG ratings regime comes into effect; authorisation and permission required for ESG rating activity unless an exclusion applies
Verifiche da considerare
Check whether your activities could fall within the ESG rating provider perimeter and whether an exclusion applies.
Review the final rules and perimeter guidance in PS26/22.
Consider whether FCA authorisation would be required and plan for the application window opening on 24 June 2027.
Un anno al passaggio al regolamento T+1: il quadro normativo è completo, ora bisogna realizzarlo
ESMA pubblica un comunicato stampa in cui afferma che l'UE passerà al regolamento T+1 l'11 ottobre 2027 e che il quadro normativo per la transizione è ormai completo. Il comunicato fa riferimento alle RTS riviste sulla disciplina del regolamento (Settlement Discipline) e alle Linee guida CSDR riviste su procedure standardizzate e protocolli di messaggistica tra imprese di investimento e i rispettivi clienti professionali, che fissano requisiti in materia di allocazioni e conferme.
Date nel testo: 2026-12-07 Le imprese di investimento e i loro clienti devono rispettare i nuovi requisiti in materia di allocazioni e conferme, compreso l'uso obbligatorio di canali elettronici standardizzati ch · 2027-10-11 L'UE passa al regolamento T+1.
Verifiche da considerare
Verificare se gli attuali processi di allocazione e conferma con i clienti professionali soddisfano i requisiti obbligatori di comunicazione elettronica, standardizzata e leggibile dalle macchine, applicabili dal 7 dicembre 2026.
Valutare la prontezza di sistemi e processi lungo l'intera catena di negoziazione e regolamento in vista del passaggio a T+1 dell'11 ottobre 2027, e considerare l'avvio dei test il prima possibile.
The FSA published the results of the public comment on proposed amendments to its comprehensive supervisory guidelines for major banks and related guidelines for small and regional banks, cooperative financial institutions, fishing cooperative credit business, and financial service intermediaries. The amendments clarify measures to prevent user misunderstanding for services provided by banks with other businesses via APIs, and whether acts by other businesses qualify as banking agency (intermediation). The amended guidelines apply from the publication date, 6 November 2026.
Date nel testo: 2026-11-06 Amended supervisory guidelines apply from this date
Verifiche da considerare
Check whether services offered with other businesses via API arrangements have measures in place to prevent user misunderstanding, as required by the amended guidelines.
Review whether acts of other businesses in such arrangements may constitute banking agency (intermediation) under the amended text.
Review the relevant redline comparison annexes for the guideline sections applicable to your licence category.
PS26/21: Streamlining the UK EMIR Intragroup Regime
The FCA published Policy Statement PS26/21 setting out final Binding Technical Standards and revocation of certain EMIR Q&As to implement the Treasury's reform of the UK EMIR intragroup regime. It concerns UK EMIR counterparties subject to clearing and margin requirements, as well as industry associations, law firms and consultants.
Date nel testo: 2026-12-05 Recommended last date to submit notifications for new intragroup margin or clearing exemptions under the current process. · 2026-12-31 Temporary Intragroup Exemption Regime (TIGER) expires. · 2027-01-01 New streamlined intragroup regime comes into effect; all notifications from this date must use the Connect process.
Verifiche da considerare
Check whether existing intragroup margin or clearing exemptions remain valid under the new regime, given that exemptions in force before 1 January 2027 continue where conditions apply.
Consider whether any notification for a new intragroup exemption should be submitted before 5 December, or contact the FCA at EMIR@org.uk if submitting between 5 and 31 December.
Review notification procedures so that notifications from 1 January 2027 are submitted via Connect under the streamlined process.
The FCA, DWP and The Pensions Regulator published a joint Discussion Paper seeking views on proposals for a Guided Retirement framework in contract-based and trust-based workplace pension schemes. It concerns firms operating contract-based workplace pensions, trustees and sponsors, pension service providers and other stakeholders, and it proposes building on the COBS 9B targeted support conduct framework for contract-based providers.
Date nel testo: 2026-11-03 Discussion Paper opens · 2026-12-22 Deadline for submitting consultation responses
Verifiche da considerare
Review the Discussion Paper proposals on Guided Retirement and assess their potential relevance to contract-based workplace pension offerings.
Consider whether to submit a consultation response by the stated deadline.
ESMA aggiorna il proprio manuale sulla trasparenza con nuove linee guida per i derivati OTC e il regime del tick-size
L'ESMA ha aggiornato il proprio manuale sulla trasparenza post-negoziazione ai sensi di MiFID II/MiFIR. L'aggiornamento introduce linee guida sull'identificazione dei derivati OTC soggetti agli obblighi di trasparenza, sulla fornitura di dati di riferimento identificativi per i derivati OTC e sul regime del tick-size, incluse domande e risposte (Q&A) e raccomandazioni su quando le sedi di negoziazione e le autorità nazionali competenti possono intervenire. Il testo precisa che il manuale aggiornato è una bozza fino all'entrata in vigore dei relativi RTS 2 e dell'RTS sui dati di input/output del CTP.
Verifiche da considerare
Verificare se i derivati OTC della società sono soggetti agli obblighi di trasparenza alla luce delle linee guida aggiornate sull'identificazione.
Esaminare le modalità di fornitura dei dati di riferimento identificativi per i derivati OTC ai fini della segnalazione in materia di trasparenza, tenendo presente che il manuale è una bozza fino all'entrata in vigore degli RTS correlati.
Esaminare le Q&A sul tick-size e le raccomandazioni sull'intervento delle sedi di negoziazione e delle autorità nazionali competenti, ove pertinenti rispetto all'attività di negoziazione della società.
CP26/39: Income sharing distribution and operational incident reporting for consolidated tape providers
The FCA consults on rules for how the equity consolidated tape provider (CTP) should split its income among data contributors, and proposes extending enhanced operational incident reporting requirements to all CTPs. The consultation is relevant to trading venues, approved publication arrangements, systematic internalisers, current and potential CTPs, and trade associations.
Date nel testo: 2026-12-17 Consultation CP26/39 closes; responses via online form or email to cp26-39@fca.org.uk · 2027-03-18 Operational incident reporting rules in PS26/2, on which these proposals build, come into force
Verifiche da considerare
Check whether your firm is a data contributor, trading venue, APA or systematic internaliser that would be affected by the proposed income sharing rules.
Review the proposed operational incident reporting requirements against current internal incident reporting processes if your firm is or may become a CTP.
ESMA specifies requirements to facilitate safe use of post-trade risk reduction services
ESMA has published a final report specifying conditions and requirements for post-trade risk reduction (PTRR) services, which determine when certain OTC derivative transactions may be exempt from the clearing obligation under EMIR 3. The rules cover information to participants, exercise procedures, provider controls, record-keeping and monitoring of the exemption, and concern providers and users of PTRR services. The draft Regulatory Technical Standards will now be submitted to the European Commission for endorsement.
Verifiche da considerare
Check whether your firm provides or uses PTRR services relevant to the EMIR 3 clearing obligation exemption.
Review the final report ESMA74-1049116226-981 for the requirements on information, controls and record-keeping that would apply to your role.
CP26/37: Senior Managers and Certification Regime (SM&CR) Review: Phase 2
The FCA consults on the second phase of its review of the Senior Managers and Certification Regime (SM&CR), proposing to streamline senior manager applications, reduce the number of firms in the Enhanced regime, remove the Certification Regime and simplify Conduct Rule training and breach reporting thresholds. It applies to all firms in scope of the SM&CR, including third-country branches, and to cryptoasset firms expected to come into scope.
Date nel testo: 2026-10-22 Consultation opens · 2027-01-22 Deadline to send comments on CP26/37 · 2027-06-30 Expected publication of final rules in a Policy Statement in the first half of 2027
Verifiche da considerare
Check whether any of your current SMF roles would be affected by the proposed removal or notification changes.
Review the proposed changes to Statements of Responsibilities, Management Responsibilities Maps, Conduct Rule training and breach reporting thresholds against your current processes.
Consider whether your firm would be affected by the proposed change to Enhanced regime thresholds, and whether to respond by 22 January 2027.