Examples of Regulatory Technical Standards in a sentence
Finductive ensures that the personalised security features conform to all Regulatory Technical Standards and are not accessible to anyone other than the Account Holder, without prejudice to the obligations on the Account Holder.
Secondary legislation (known as “Level 2 measures”)MiFID II/MiFIR contain over 100 requirements for ESMA to draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS).
At this point, all regulated entities (Payment Service Providers) had to ensure that they individually complied with PSD2 and the Regulatory Technical Standards (RTS) set out by the European Banking Authority (EBA).There is a clear regulatory expectation that the financial industry will organise itself to make sure that the implemented solutions for PSD2 are interoperable.
For certain disclosures, these requirements are further detailed through the European Banking Authority (“EBA”) Regulatory Technical Standards (“RTS”) and Implementing Technical Standards (“ITS”) which include a number of common templates.
On 19 December 2012, the European Commission adopted nine of ESMA's Regulatory Technical Standards (the "Adopted RTS") and Implementing Technical Standards (the "Adopted ITS") on OTC Derivatives, CCPs and Trade Repositories (the Adopted RTS and Adopted ITS together being the "Adopted Technical Standards"), which included technical standards on clearing, reporting and risk mitigation (see further below).
As set out in paragraph 170 of ESMA’s Consultation Paper regarding the Regulatory Technical Standards underlying the Commission Delegated Regulation (ESMA/2014/1186), this exemption was drawn up with the intention to cover roadshows and to avoid that a new roadshow would have to be organised in order to deliver an amended version of the information provided in the original roadshow.
As at the date of this Supplement, the implementing Regulatory Technical Standards (Level 2) for SFDR have been released but not adopted by the European Commission and certain concepts newly introduced by SFDR are not currently the subject of centralised implementing standards, local guidance or established market practice.
The specific information required to be disclosed is set out in the European Securities and Markets Authority’s (ESMA) Regulatory Technical Standards 28 (RTS 28) of MiFID II.
These guidelines (GL) specify how loss given default (LGD) appropriate for an economic downturn, which has been identified in accordance with the final draft Regulatory Technical Standards (RTS) on economic downturn, should be quantified.
This information contains a summary on the quality of execution and is made available on our website when published by us:www.cantorfitzgerald.ie/important-disclosuresAs a market maker in Irish Government Bonds Cantor publishes on our website (in accordance with Regulatory Technical Standards (“RTS 27”)), information on the quality of our execution, in arrears on a quarterly basis.