The European Securities and Markets Authority ("ESMA") has made available new data for bonds subject to the pre and post trade requirements of the Markets in Financial Instruments Directive ("MiFID II") and Regulation ("MiFIR") through its data register.

The European Banking Authority ("EBA") published its third updated Report on the monitoring of Additional Tier 1 ("AT1") instruments.

The European Securities and Market Authority (ESMA) has published supplementary guidance on the application of the endorsement regime for non-EU credit ratings under the Credit Rating Agencies Regulation ("CRAR").

The European Banking Authority ("EBA") issued a recommendation addressed to the Maltese Financial Intelligence Analysis Unit ("FIAU") after establishing it had breached Union law in relation to its supervision of Pilatus Bank.

Cyprus Securities and Exchange Commission ("CySEC") wishes to inform the Regulated Entities about the requested information by CySEC. 

ESMA has published an opinion which sets out how central counterparties (CCPs) in the EU should consider in their internal risk models the liquidity risk posed by all entities towards which the CCP has a liquidity exposure, such as liquidity providers.

The European Securities and Market Authority ("ESMA") confirmed that the temporary period allowing for a smooth introduction of the use of Legal Identifiers ("LEIs"), originally brought-in in December 2017, will not be further extended and cease in July 2018.

We would like to bring to your attention that the Temporary Tax Assessment for the tax year 2018 is approaching.

Extension to the deadline for the submission of personal income tax returns and final tax payment for 2017.

The Financial Conduct Authority ("FCA") is consulting on new guidance outlining factors financial services firms should consider under the Consumer Rights Act 2015 ("CRA") when drafting and reviewing variation terms in their consumer contracts.