Regulatory framework

Commission Delegated Regulation (EU) 2016/522 of 17 December 2015

supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council as regards an exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notifications of delays, the permission for trading during closed periods and types of notifiable managers’ transactions

Resolution 2253 (2015)

Expands the listing criteria to include individuals and entities supporting the Islamic State in Iraq and the Levant (ISIL, also known as Da’esh). Directs the Monitoring Team to submit reports on the global threat posed by ISIL (Da’esh), Al-Qaida, and associated individuals, groups, undertakings, and entities. Encourages all Member States to (a) designate national focal points on issues related to the implementation of the measures described in the resolution, (b) report to the Committee on obstacles to the implementation of the measures described in the resolution; also, calls upon all States to submit an updated report to the Committee no later than 120 days from the adoption of the resolution. Extends the mandates of the Monitoring Team and the Office of the Ombudsperson to December 2019.

Commission Delegated Regulation (EU) 2017/747 of 17 December 2015

supplementing Regulation (EU) No 806/2014 of the European Parliament and the Council with regard to the criteria relating to the calculation of ex ante contributions, and on the circumstances and conditions under which the payment of extraordinary ex post contributions may be partially or entirely deferred

ESRB Recommendation on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures

ESRB/2015/2

Commission Delegated Regulation (EU) 2016/451 of 16 December 2015

laying down general principles and criteria for the investment strategy and rules for the administration of the Single Resolution Fund

Circular CSSF 15/628

National resolution fund – Information on/announcement of raising 2015 ex-ante contributions according to Articles 4, 13 and 20 of the Commission Delegated Regulation (EU) 2015/63

Commission Delegated Regulation (EU) 2016/1434 of 14 December 2015

correcting Delegated Regulation (EU) 2015/63 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to ex ante contributions to resolution financing arrangements

ESRB Recommendation on recognising and setting countercyclical buffer rates for exposures to third countries

ESRB/2015/1

Circular CSSF 15/629 (as amended by Circular CSSF 16/641)

Supplementary supervision to be applied to financial conglomerates and definition of structure coefficients to be observed by the regulated entities belonging to these financial conglomerates pursuant to Article 56 of the Law of 5 April 1993 on the financial sector, as amended

Circular CSSF 15/627

New monthly reporting for the CSSF – U 1.1 reporting

CSSF Regulation No 15-03

laying down detailed rules for the application of Article 46 of the Law of 12 July 2013 on alternative investment fund managers on the marketing of foreign alternative investment funds to retail investors in Luxembourg

Circular CSSF 15/625

Guidance on the countercyclical capital buffer

Ministerial Regulation of 1 December 2015

CSSF Regulation No 15-04 of 30 November 2015

on the setting of a countercyclical buffer rate

UN designation of 30 November 2015 – SC/12144

CSSF Regulation No 15-05 of 30 November 2015

on the exemption of investment firms qualifying as small and medium-sized enterprises from the requirements to maintain a countercyclical capital buffer and a capital conservation buffer

Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015

on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC

Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015

on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012

Ministerial Regulation of 3 November 2015

UN designation of 2 November 2015 – SC/12104