This month's roundup of developments affecting banks, wealth managers, brokers and funds sees: delay in announcement of PRIIPs Regulation disclosure rules; European Commission adopts CSDR level 2 legislative acts; ESMA has published its final report on delaying EMIR; and three Delegated Regulations published in the Official Journal of the EU.

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General Developments

• FMLC response to ESMA consultation on technical standards under Benchmark Regulation
• Leading investment and pension bodies publish consultation to improve pension and investment transfers and re-registrations
• Speech by ESMA Executive Director at the 2016 Global Capital Markets Conference
• Council of EU announces final compromise text of MMR Regulation
• Implementing Regulation on ITS for reporting results of internal approach calculations under CRD IV published in OJ
• ECON report on proposed Regulation amending date of application of PRIIPs Regulation
• Compromise proposal on Regulation amending EuVECA Regulation and EuSEF Regulation
• FSB discussion note on essential aspects of CCP resolution planning: responses
• EC report on round 15 of TTIP negotiations
• Legislative proposal for Regulation on CCP resolution and recovery from EC
• IA outsourcing working group updates guidance
• Speech on regulation and distributed ledger technology published by ESMA
• PRIIPs Regulation disclosure rules changes: FCA announces delay until 2017
• FCA finds weak price competition in some areas of the asset management industry
• Consultation on regulatory fees and levies 2017/18
• Consultation on Handbook changes to reflect Lifetime ISA
• Political agreement on MMF Regulation
• Final report on guidelines on validation and CRAs' methodologies review from ESMA
• European Parliament to consider proposed Regulation amending date of application of PRIIPs Regulation at 30 November and 1 December 2016 plenary session
• European Commission adopts CSDR level 2 legislative acts
• EC letter to ESAs requesting opinions on key information documents 
• ESMA publishes final report on technical advice under the Benchmarks Regulation
• Proposal to extend PRIIPs regulation application
• EC green paper on retail financial services: ECON report
• ESMA publishes list of designated NCAs under Article 40 of the Benchmark Regulation
• EBA discussion paper on designing a new prudential regime for investment firms
• Equity trading costs continue to decline in the UK 
• Sales in September driven by mixed asset and global equity funds 

Investments & Investment Services

• New FCA webpage for firms subject to MiFID II transaction reporting obligations
• European Commission adopts MiFID II delegated regulation on commodity derivatives
• PRA's second consultation on implementation of MiFID II
• Three Delegated Regulations under MiFIR have been published in OJ
• ESMA has published new Q&As on MiFID II and MiFIR market structures topics
• ESMA has updated MiFID II transparency Q&As relating to waivers
• Speech on improving outcomes for investors in EU-based investment funds 
• ESMA publishes consultation paper on draft RTS on package orders under MiFID II
• Call for evidence on pension funds and social investment
• Consultation on other CRA products
• MiFID II transparency Q&As updated by ESMA 
• ESMA prepares for MIFID II Systematic Internaliser regime

EMIR & Derivatives

• Outcomes of EMIR review reported by EC
• Supervisory approach for CCPs' product and service extensions and changes to risk models under EMIR
• ESMA has published its final report on delaying EMIR clearing obligation for financial counterparties with a limited activity volume
• ESMA corrects consultation on draft technical standards under SFT Regulation and amendments to related EMIR RTS

Funds

• ESMA updates Q&A on application of UCITS Directive
• FCA will not issue guidance on application of UCITS Remuneration Code
• IOSCO consultation responses on good practices for investment fund termination
• FCA bank review into sales of interest rate hedging products

Market Conduct

• ESMA Risk Dashboard
• ESMA to provide free credit ratings information to public
• FCA consultation on amendments to DTR 2.5 under MAR 
• Financial Services and Markets Regulations 2016 announced
• ESMA Chair says safeguarding investors is key to Capital Markets Union's success
• ESMA MAR guidelines on persons receiving market soundings 
• EBA responds to Commission call for advice report on standardised approach for counterparty credit risk and own funds requirements for market risk