Global Trustee and Fiduciary Services Bite-Sized Issue 1 2025

24 Global Trustee and Fiduciary Services Bite-Sized | Issue 1 | 2025 Publication Release date Link Europe European Commission Newsletter – Sustainable finance Coming soon – a new European standard for green bonds 6 December 2024 Link to Newsletter here ESG Ratings Regulation published in the EUOfficial Journal 12 December 2024 Link to ESG Ratings Regulation here ESMA publishes its Final Report on bond transparency and reasonable commercial basis under MiFIR Review 16 December 2024 Link to Report here ESMA delivers technical standards on CTPs and other DRSPs 16 December 2024 Link to Final Report here Link to Feedback Statement here ESMA Final Report on the amendments to certain technical standards for commodity derivatives 16 December 2024 Link to Final Report here Switzerland: FINMA publishes new “Nature-related financial risks” circular 17 December 2024 Link to Press Release here MiCA: ESMA publishes statement on transitional measures 17 December 2024 Link to Statement here ESA’s publishes results of DORA dry run exercise 17 December 2024 Link to Report here Luxembourg: CSSF Newsletter No 287 19 December 2024 Link to Newsletter here European Commission newsletter on the implementation of MiCA and DORA 19 December 2024 Link to Newsletter here Netherlands AFM: Proprietary trading firms prioritise IT security, extra steps needed for DORA 20 December 2024 Link to Press Release here Luxembourg's New Blockchain IV Law Enters Into Force 20 December 2024 Link to Blockchain IV Law (French) here Luxembourg: CSSF publishes communiqué on European Green Bonds Regulation 23 December 2024 Link to Communique here Luxembourg bill implementing EU AI Act published 23 December 2024 Link to Bill here Luxembourg law implementing Daisy Chains Directive enters into force 28 December 2024 Link to Law (in French) here Luxembourg: CSSF updates FAQs and compendiumof instructions relating to national reporting by credit institutions on shareholders and regulated functions and activities 30 December 2024 Link to FAQs here CRR3: ITS on disclosures by credit institutions published in Official Journal 31 December 2024 Link to Regulation (EU) 2024/3172 here UK FCA Updates SDR Webpage for illustrative examples of pre-contractual disclosure requirements 2 December 2024 Link to Updated FCAWebpage here FCA publishes tender process for bond consolidated tape provider 3 December 2024 Link to Press Release here ‘Establishing trust in sustainable investment products’ by Sacha Sadan, Director of Sustainable Finance, FCA 6 December 2024 Link to FCAWebpage here FCA QCP24/26: Quarterly Consultation Paper No. 46 – including making minor amendments to the anti-greenwashing rule and SDR 6 December 2024 Link to QCP24/26 here FCA: Perimeter Report 9 December 2024 Link to FCA Perimeter report here FCA publishes Primary Market Bulletin 53 13 December 2024 Link to PMB53 here FCA publishes independent study for establishing an equities-consolidated tape 16 December 2024 Link to Press Release here Updated HMT Guidance on Task Force on Climate-related Financial Disclosure (TCFD) - aligned disclosure application guidance 17 December 2024 Link to Guidance here