ESMA, AMF and CSSF Regulatory Update—Second Quarter 2022

AMF and ESMA Updates—June

• AMF: Update of Its Doctrine on the Regime for Digital Asset Service Providers

• European Supervisory Authorities (ESAs): Joint Report on the Withdrawal of Authorization for Serious Breaches of AML/CFT Rules

• ESAs: Clarifications on the ESAs’ Draft RTS Under SFDR

• AMF: Response to the European Commission’s Public Consultation on ESG Ratings

• ESMA: Final Report on EMIR RTS on the Commodity Derivative Clearing Threshold

• AFG: Response to the European Commission’s Public Consultation on ESG Ratings

• ESMA: Update of Its Report on Trends, Risks and Vulnerabilities

• FATF: Consolidated Assessment Ratings

• AMF: Adoption of ESMA’s Guidelines on Suitability and Execution-Only Requirements Under MiFID II

• EDPB: Proposition of a New Regulatory Framework on AML/CFT in Light of the GDPR

• AMF: Assessment on Money Market Funds (MMF) Between March 31, 2020 and March 31, 2021

• ACPR-AMF: 2021 Annual Report

• European Commission: Publication of the European Pilot Regime Regulation Regarding Market Infrastructures on Blockchain Technology

• AFG: 2021 Annual Report

• AMF: Application of the EU Regulation on Short Selling

• Council and European Parliament: Provisional Agreement on the Corporate Sustainability Reporting Directive (CSRD)

• AFG: Response to the Targeted Consultation on Digital Euro

• European Commission: Entry into force of the transitional regime of the PRIIPs Regulation for Undertakings for Collective Investment (UCIs)

• ESMA: Results of Its Call for Evidence on ESG Ratings

• France Invest: Annual Study on the Net Performance of Private Equity in France

• Article 29 of the Energy and Climate Law Reporting

AMF and ESMA Updates—May

• AMF: Consultation on the Integration of ESG Requirements into the AMF General Regulation
• AFG: Response to ESMA’s Consultation on Guidelines on Certain Aspects of the MiFID II ESG Requirements
• Digital Finance: Provisional Agreement Reached on the Digital Operational Resilience Act (DORA)
• ESMA: Final Report Regarding the Review of the MiFID II Framework on Best Execution Reports by Investment Firms
• ESMA and AMF: Focus on the Impact of the Ukrainian Conflict Ahead of the 2022 Half-Yearly Closing
• ESMA: Statement Regarding Actions to Manage the Impacts of the Russian-Ukrainian Crisis on Investment Fund Portfolios
• U.S. Subsidiary of German Insurer Fined by U.S. Authorities to Pay USD 6 billion for Hedge Fund Fraud
• ESMA: Consultation on Implementing Technical Standards (ITS) Regarding Notifications for Cross-Border Marketing and Management of AIFS and UCITS
• AMF: 2021 Annual Report and Review of Its Five-Year Strategic Plan #Supervision2022
• ESMA: Update of Its Q&As on the Application of the UCITS and AIFM Directives Regarding Performance Fees
• AMF: Summary of Its Findings Regarding Costs and Fees of UCITS Marketed to Retail Investors, and Update of Its Policy on Funds with High Fees
• ESMA: Report on the Common Supervisory Action (CSA) on Supervision of Fees and Costs in Investment Funds
• ESMA: Supervisory Briefing on Sustainability Risks and Disclosures in the Area of Investment Management
  
   

AMF and ESMA Updates—April

• ESMA: Update of Q&As Regarding the Benchmark Regulation, ESMA Guidelines on Environment, Society, Governance (ESG), and Data Reporting Under MiFIR and SFTR

• ESMA: Data Quality Report Under EMIR and SFTR Regulations

• ESMA: Final Report on the Review of the EU Regulation on Short Selling

• ESMA: Response to the Consultation of the European Commission on a Review of EMIR Regulation

• European Commission: Adoption of Technical Standards Under Regulation on Sustainability-Related Disclosure in the Financial Sector

• AMF: Summary of the SPOT Inspections on Bond Post-Trade Transparency

• AMF: Ombudsman’s Annual Report

• ACPR-AMF: Assessment of Marketing Practices Related to Online Financial Products

• European Commission: Update of Its Q&A on EU Sanctions in the Context of the Russian-Ukrainian Crisis

• Enforcement Committee of the AMF: EUR 150,000 Fine Against a Financial Investment Advisor (Conseiller En Investissement) and Its Manager for Breaching Their Professional Obligations

• AMF: Fees and Contributions for 2022

• AFG: Guide on Disclosure of New Gender Equality Requirements (Rixain Law)

• ESMA: Recommendations to Improve Retail Investor Protection

CSSF Updates

• CSSF: Update of Circular CSSF 21/769 on Governance and Security Requirements for Supervised Entities to Perform Tasks or Activities Through Telework

• European Commission: Publication of the Delegation Regulation (Level 2) of SFDR

• CSSF: Circular CSSF 22/806 on Outsourcing Arrangements

• CSSF: Circular CSSF 22/810 on Investment Fund Marketing Notification Files

• CSSF: Circular CSSF 22/811 on the Authorization and Organization of Entities Acting as UCI Administrators