PwC's Managing upstream risk: Regulatory reform review - An asian perspective November 2013 | Page 30

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• End of year review of financial regulations that we’ve been tracking,
impact on the region and what to expect in 2014;
• PwC’s report “Deleverage Take 2” on capital shortfall that European
banks are facing through combined Basel III requirements and an
analysis of the potential requirements for European banks to raise
capital;
• ESMA’s updated Q&A on ETFs and UCITs published on 27
November 2013;
• ESMA’s technical advice to the EC on small and medium CRAs and
IOSCO’s supervisory colleges established for internationally active
CRAs; and
• IOSCO’s update to the EU Commissioner Barnier on further action
on recognition of Asia Pacific Central Counterparties ander EMIR.

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