Search

ACPR and AMF Joint Approach on Client Sustainability Preferences

The ACPR and AMF have jointly developed a supervisory approach to help financial investment advisers and life insurance professionals comply with client sustainability preferences under MiFID II and IDD. This guidance aims to facilitate the effective application of regulatory requirements and enhance client protection.

ACPR Adapts to AI Risks and Gains in Financial Sector

The ACPR, France's financial supervisor, has published guidance on adapting to the risks and gains of Artificial Intelligence in the financial sector. This guidance supplements the European AI Act and outlines the ACPR's approach to supervising AI systems, emphasizing the need for enhanced expertise and cooperation.

Report on Preventing Rebound Accounts for Laundering Fraud Proceeds

The Autorité de contrôle prudentiel et de résolution (ACPR) has released a report detailing a thematic study on French accounts used for laundering fraud proceeds and the AML/CTF systems of supervised financial institutions. The report aims to prevent the use of rebound accounts for illicit activities.

Global Data Protection Authorities Statement on AI Imagery Privacy

Sixty global data protection and privacy authorities have issued a joint statement outlining privacy principles for AI-generated imagery. The statement calls on organizations developing and using AI content generation systems to implement safeguards and protect individuals, particularly children, from potential harm.

Health Canada Implements ICH Pharmaceutical Guidelines

Health Canada is implementing new International Council for Harmonisation (ICH) guidelines for pharmaceuticals, including M13A and Q12/Q14. These implemented ICH guidelines will take precedence over existing Health Canada guidance documents where discrepancies exist, potentially leading to amendments or withdrawals of current guidance.

Canada Beneficial Ownership Requirements Guidance

FINTRAC has released a video explaining beneficial ownership requirements in Canada, crucial for combating money laundering and terrorist financing. The guidance is relevant to all reporting entities except title insurers.

Eurosystem Appia Roadmap for Tokenised Finance Ecosystem

The Eurosystem has published the Appia roadmap, a strategic initiative to shape Europe's tokenised financial ecosystem. The roadmap outlines objectives and approaches for developing integrated, innovative, and resilient tokenised wholesale financial markets, with a blueprint expected in 2028. This initiative aims to ensure central bank money remains the anchor of the financial system amid digital transformation.

Ofgem Decision on Market Arrangements for Multi-Purpose Interconnectors

Ofgem has decided to implement Offshore Bidding Zones (OBZs) with implicit trading arrangements as the preferred market model for Multi-Purpose Interconnectors (MPIs). This decision follows a consultation on market arrangements and aims to improve market efficiency and integrate offshore renewables. Further development of the regulatory framework is ongoing.

Ofgem: Electricity Distribution GSOP Payments Adjusted for 2026-2027

Ofgem has published guidance detailing adjustments to Guaranteed Standards of Performance (GSOP) payments for electricity distribution network operators for the 2026-2027 regulatory year. These adjustments reflect inflation and are effective from April 1, 2026.

Ofgem Decision on NESO's Annual C9 Review Submission

Ofgem has responded to the National Energy System Operator's (NESO) annual submission of revisions to its Electricity System Operator licence condition C9 statements. Ofgem has decided not to use its veto powers, allowing the proposed revisions to proceed.