The crypto markets have long been a hot topic among investors and are now worth billions. They promise stability and can be traded around the clock. The underlying blockchain technology has also long since arrived and is being used in pilot projects as part of the DLT (distributed ledger technology) pilot regime for the settlement of financial instruments.
On June 29, 2023, Bafin published what is now the 7th amendment to the “Minimum Requirements for Risk Management – MaRisk” framework, which has been in place since 2005. We briefly summarize the contents for you:
Key content of the EBA guidelines on lending and monitoring (EBA/GL/2020/06) is incorporated into MaRisk, in part as references to the guidelines themselves, while maintaining proportionality. This includes but is not limited to
The EU taxonomy, more precisely Regulation EU/2020/852, establishes the basis for assessing the sustainability of economic activities, with a classification system allowing to classify whether the desired sustainability of the investment is given.
The Data Point Model (DPM), as it is known in its current version, was already designed by the EBA and EIOPA in 2012 and further developed independently of each other. However, little has changed in the basic structure during this time.