2018 Regulatory Newsflashes

Overview of all newsflashes issued in 2018

Find out all of the Regulatory Newsflashes issued in 2018

December 2018

18 December 2018 | Publication of the IDD Transposition Act in the Belgian Official Journal

On 14 November 2018 the Belgian Transposition Act of the Insurance Distribution Directive (IDD) was voted by the Parliament and on 18 December 2018, also officially published in the Belgian Official Journal. The IDD conduct of business rules have entirely been incorporated in the Act of 4 April 2014, and (part of) the AssurMiFID implementing regulations will be revoked. Read more

October 2018

16 October 2018 | NBB publishes the New Fit & Proper Circular and Handbook

On 2 October 2018, the National Bank of Belgium (NBB) published its Circular 2018_25 on the suitability of directors, members of the management committee, responsible persons of independent control functions and senior managers of financial institutions. Read more

10 October 2018 | Publication of the draft transposition act of the Insurance Distribution Directive

On 4 October 2018 the draft transposition act (ref. 54K3297) has finally been published and submitted to the Chamber of Representatives within the Parliament for vote. Read more

July 2018

25 July 2018 | European Banking Authority reports on prudential risks and opportunities of FinTech, and its impact on incumbent business models

On 3 July 2018, the European Banking Authority (EBA) published a report on the prudential risks and opportunities arising from FinTech, and a report on the impact of FinTech on incumbent credit institutions’ business models. These thematic reports are the first products of the EBA’s FinTech Roadmap issued in March 2018, and fall under the then established EBA FinTech Knowledge Hub. As such, they form part of the EBAs ongoing work to raise awareness and enhance knowledge sharing on FinTech topics within the supervisory community and the industry. Read more

10 July 2018 | FATF public consultations on draft risk-based approach (RBA) guidance for the life insurance sector and the securities sector
10 July 2018 | Cryptocurrencies and ICOs: challenging the regulatory perimeter
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