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CENTURY 21 Discovery100 West Valencia Mesa Drive
Fullerton, CA 92835
Customer Testimonials
"Valentina has been a long time friend and has been a true voice for us in the real estate realm. Valentina has been our "go-to" friend and real estate agent for years and so happy that she was able to help us get into our home in Fullerton.
Valentina provided full attention to detail from the start. She asked all the right questions and highlighted some key concerns about the home.
Valentina eloquently executes each category here with her performance as a real estate agent."
Vanessa , Fullerton CA (Buyer) Thu, 19 Sep 2019 04:21:34 +1000
"Working with Judy Borowski was "MAGICAL." She sold my house for more than what I was expecting and in less time than the average "days on the market." Judy Borowski is a level above all the other realtors that I've worked with in the past. I am grateful and appreciative to have the opportunity to work with Judy Borowski and her team."
Nate Chen, Fullerton (Seller) Thu, 12 Sep 2019 08:24:41 +1000
"Working with Shonnie Jones was the best experience my husband and I could have asked for. I would recommend her to family and friends. Buying our first home with Shonnie Jones couldn't have been more smooth and easy. She pays attention to details and helped us feel confident in buying our house. She took her time to show us up to 10 houses in one day and no was never an answer from her. She wanted us to be happy and we are. Thank you Shonnie Jones for our dream home."
Kristin Riley, Anaheim Hills (Buyer) Sat, 07 Sep 2019 09:31:54 +1000
Susan Braunrecommended by Seller view agent's profile
"Sue Braun was very helpful and sharing her detailed knowledge of the local market. Also Sue really knows how to get things done. Our property had been a rental unit for sometime prior to the sale so there was some deferred maintenance and fix up required. Sue was instrumental in helping us get through all that. Sue is the best of the best in my experience. We were very fortunate to have Sue working for us on this sale. We would strongly recommend Sue to anyone buying or selling in Fullerton."
Marty and Joyce Poole in Houston Texas (Seller) Thu, 05 Sep 2019 02:46:31 +1000
"Debbie and team where available to answer any question i had. And I never hesitated to ask due to their friendly demeanor. I asked too many questions due to my lack of knowledge and they were always available. The team did not go by the "business hours." They answer call and text back quickly, patiently and were ready to provide an answer regardless of the time of day (mornings, afternoons and late evenings) I was impressed with Jacobs knowledge in spite of his age. He's respectful, knowledgeable and is always willing to help in any way.
Debbie, Jacob and Jessica are very knowledgeable and so willing to please their clients. In my opinion All perform above and beyond their call of duty. I will definitely recommend the team to family and friends. I cant'' thank them enough."
Maria E Martinez, Fullerton CA (Seller) Sun, 01 Sep 2019 09:21:55 +1000
Christine Truxawrecommended by Buyer view agent's profile
"She went above and beyond. She made me feel comfortable from the beginning. She was genuine, confident, consistent, intelligent, organized, and lovely to be around."
Stephanie Loe, MD. From Brea to Corona (Buyer) Sat, 31 Aug 2019 23:16:43 +1000
"We had to sell my mother's home after she passed away this past May, since she had a reverse mortgage against her home. Never having to sell a home before, needless to say I was quite nervous at first. After interviewing several realtors, my brother chose Babette Carlson & Corliss Martin as our realtors. I truly believe the good Lord had his hand in this, as we couldn't have been happier with this real estate team. They were very professional, knowledgeable, trustworthy and set our minds at ease right from the start. We dealt with Babette Carlson 99% of the time. She was very friendly, personable, and a lot of fun, which was very welcoming during this stressful time for our family. She was spot on with the asking price and the final selling price turned out to be even higher than we expected, which was a blessing in itself. Babette also contacted and dealt with the reverse mortgage company herself, which took a huge load off our shoulders. Babette took care of all the details, including recommending the termite company, plumber, and escrow company, which kept us from having to find these businesses on our own. There were many documents to sign, but she uses "Docu-Sign" which makes it so easy since documents were sent to us and we just signed either on our computer or cell phone... Coolest thing ever. She always kept us informed either through phone calls, texts, or emails and was always available to answer any questions. What we anticipated to be a very stressful experience actually was a very easy process thanks to the team of Babette Carlson and Corliss Martin. I would definitely recommend them. Thank you Babette and Corliss for an excellent job well done!"
Carol Wolf, La Mirada, CA (Seller) Sat, 31 Aug 2019 11:27:47 +1000
"What I appreciated the most was the great communication and attention to detail from the McCann Team."
Lynnette Hunt (Seller) Fri, 30 Aug 2019 06:30:52 +1000
"We have worked with Trilby Smith on the purchase of 3 homes and one sale. She always goes above and beyond to ensure things run smoothly and issues are resolved, with a positive outcome for both buyer and seller. We are entrusting Trilby Smith and Cindy Berg with the sale of another property in the upcoming months.
Trilby Smith is extremely professional and enjoyable to work with. She has a way to put people at ease, and is skilled in conflict resolution.
We have been successful in acquiring three houses under the guidance of Trilby Smith and Cindy Berg. We are very pleased with their performance working with sellers.
Cindy Berg is knowledgeable, and works tirelessly to get the deal done. We appreciate her dedication and experience in the field."
Amber Lardas-Hayden (Buyer) Tue, 27 Aug 2019 11:39:38 +1000
Mike Wolitskirecommended by Buyer view agent's profile
"If i purchase another home , i will not think about it twice
before calling Mike again. His service was just amazing, the vibe and
his personality made everything easy. He strives to get you what you need,
he is fast and efficient . i have no complaints about his service, he is truly what
customer service represents. he was very respectful, patient and comprehensive.
there was no pressure on his behalf to sell a house, he knew as first time home buyers
that we where gonna be a bit complicated yet never pressured is into any house. We could not have chosen someone better, we will for ever be greatful for the service provided.
Thank you Mike W!!!!!!"
Cesar Romero, San Bernardino CA (Buyer) Sat, 24 Aug 2019 11:55:21 +1000
Lauren Dunnrecommended by Seller view agent's profile
"You are very professional and an absolute joy to work with. I was so comfortable and confident in our transactions. I don't think I could have done better with anyone else. Your the best in my book."
Robert Landry (Seller) Sat, 24 Aug 2019 05:54:38 +1000
Ismael Chavezrecommended by Seller view agent's profile
"Ismael Chavez is an exceptional agent. He provided tremendous assistance prior to the open house. The photos taken for the presentation were stunning and multiple offers were received within days. I would refer Ismael Chavez without reservation to family and friends."
Mary W. Fullerton, Ca (Seller) Wed, 21 Aug 2019 14:30:27 +1000
"Upon the recommendation of our aunt we met with Babette and Corliss. We have bought and sold many homes so we knew what we were looking for as far as agent(s) for our parents home. It did not take us long to know that we did not have to look any further. Babette and Corliss were so personable, energetic, knowledgeable with the type of experience one would want.
Babette and Corliss were excellent at all of these qualities. They responded as quickly as possible with text, emails or phone calls if we ever had any questions, concerns or needs. Never were they impatient, but just the opposite, when the stress was getting to us, they had a way of putting us at ease. All those things are harder to find today where they truly are working for you and not solely for themselves.
Babette Carlson, Corliss Martin and the entire Century 21 team were such a pleasure to work with on the sale of our parent's home. Having that type of loss followed by an, what seemed like an insurmountable task, Babette and Corliss immediately stepped up giving us encouragement, assistance and through their professionalism, they gave us a sense that all would be fine. Indeed, it all turned out well.
As mentioned previously, we have bought and sold a lot of homes, but never had such hard work in presenting the home for sale, advertising, open houses EVERY weekend (even on holiday) and the handling of any issues that arose.
We were introduced and greeted with a smile. Century 21 staff let us know they would be there to help us with any and all of our needs."
P&S Ballard, Fullerton (residing Grass Valley) (Seller) Fri, 16 Aug 2019 09:03:15 +1000
"Our experience with Ismael was awesome! My husband and I were casually looking for months and when we were ready to really shop, we reached out to Ismael. He was super organized, professional, and made us feel at ease through the whole process. As we viewed homes he was able to give us advice and point out simple fixes which was really helpful since we were first time home buyers. We decided we wanted to put in an offer on a home and it was about to have an open house in a few days. We luckily were able to lock in our offer and he saved us from a bidding war, woo! Ismael kept us informed throughout escrow and checked in with us periodically - the whole thing went very smoothly. We couldn't be happier and I'm so thankful for all his help!! We will definitely be going through him again and referring to our friends and family. Thank you SO MUCH Ismael!!"
Trisha, Fullerton (Buyer) Wed, 14 Aug 2019 05:55:30 +1000
"Debbie and Jacob were there for us every step of the way. We had lived in the home 26 years. We were the original owners. When I said I needed to have a garage sale, Debbie said, "Let's have two!" Debbie not only put out all the signs for the garage sales but she was there WITH ME at 5:30 am!! For both garage sales!!! Before we listed, the front yard needed sprucing up. Debbie bought wood chips to spread in the front. I cannot say enough about the service we received from the McCann Team.
The McCann Team was there when they said they would be there. They had multiple Open Houses. They were always professional, accessible, patient and kind. My husband and I had different ideas about the initial asking price. Debbie was completely understanding and kept saying, "We'll know within a couple weeks if the asking price is too high." And she was right! We lowered the price just a bit and immediately got two offers. I always felt that we were in excellent hands with the McCann Team.
For professional, outstanding service please consider the McCann Team."
Kathryn Kadletz, Brea (Seller) Mon, 12 Aug 2019 11:42:32 +1000
"We chose Scott Gooding as our Realtor because he came highly recommended by our friends that had a really great experience with him when Scott helped them sell their home and buy a new one, so we knew we would be in good hands but we had no idea just how good until we experienced all of his hard work, professionalism and dedication to us through our entire purchase process, well exceeding our expectations.
Scott was always so easy to reach, he actually answers his phone and was always available regardless of the time or day and was quick to answer any of our questions, which weren't too many because Scott is so unbelievably thorough and explained literally everything we were going through. So we felt very relaxed and comfortable at a time that's usually stressful.
We were confident that Scott knew exactly what he was doing and were very pleased with the job he did for us, from when he successfully negotiated our purchase price and our repair request to when he facilitated our close of escrow right on schedule, Scott was always right on top of everything and we would highly recommend him to anyone in need of an experienced professional Realtor."
Young Chung, Fullerton (Buyer) Fri, 09 Aug 2019 08:16:26 +1000
"Babette & Corliss were our dream team for finding our dream home. On our first day with Babette, she showed us around the various neighborhoods of Fullerton, explaining the different home styles as wells as the different school districts. Both Babette & Corliss genuinely listened to our wants, needs, & concerns when looking at various properties. They were always available to answer our (many!) questions, which was crucial for us as first-time home buyers. Having interacted with a fair amount of realtors, I can honestly say that Babette & Corliss were professional, knowledgeable, & excellent realtors - the icing on the cake was that they are both wonderful, kind, & charismatic individuals as well. Looking forward to telling our family, friends, & colleagues about how awesome Babette & Corliss are, and recommending them in the future!"
Jessica R., Fullerton, CA (Buyer) Mon, 05 Aug 2019 10:58:33 +1000
Jigar Shahrecommended by Seller view agent's profile
"I have been working with Jigar Shah for the past 10 years and have done 4 transactions with him. He provide impeccable services and is one of the most trustworthy person I have ever met. He is humble, respectful and knowledgeable with lot of experience."
Puneet Jain (Seller) Sun, 04 Aug 2019 06:55:52 +1000
"Valentina is one of the most professional, fascinating, productive, hard-working, engaging people I've come across. I liked her the first time I met her at an open house some years back and then made a point to see her again at another open house before I chose her after reviewing other contenders. She goes above and beyond the call of duty in every possible way and has become a true friend in the process . She gets extremely detailed, like at the beginning when we went through my home and yard and she pointed out many things that I could consider changing to get the best result. She was full of great guidance and was calm and collected when things were tough like the first escrow falling through due to an issue with the buyer. She and her son Alex were instrumental in finding a structural engineer that I needed at the last minute for some issues with my garage structure. She expertly handled the Inspection process which was quite outside the norm of behavior on the inspector's part, with grace and poise and was able to help me through a very challenging time. She is direct and knowledgeable beyond measure and is just a lot of fun to work with!
Valentina is a fantastic communicator and she is very responsive, these are just some of her great traits amidst all the others.
I love Valentina! She is a great professional and a great human."
Enie Tully-Fryer Fullerton (Seller) Thu, 01 Aug 2019 12:54:23 +1000
"The McCann team helped us find our forever home. They understood exactly what we were looking for. They worked around our crazy schedule and always made it happen. Thank you for being the best at what you do."
Enrique Diaz, Phillips Ranch (Buyer) Sat, 20 Jul 2019 09:51:01 +1000
"Debbie, Jacob & Jessica are truly an amazing team. Not only did they help sell our house but they helped us find our dream home. They are all heart and want the best for the clients. They show it & they mean it. I 100% recommend The McCann team!"
Diana Diaz, Phillips Ranch (Seller) Sat, 20 Jul 2019 03:42:11 +1000
"I truly believed in Ismael Chavez from the start of our home buying process. I knew he had an outstanding track record as a realtor from recommendations from my friends who had previously worked with Ismael. The best attribute of this purchase was the communication that Ismael provides to his clients. Ismael and his team were always ready to answer any questions and provide the latest most up to date details about each and every stage of the home buying process. Not only was the communication level top notch the speed and efficiency of the way Ismael and his team produce is astonishing. Ismael has confidence in his decisions and made sure there were no chances of error. Every step of the process was scheduled, happened on time and an update was always provided.
The experience Ismael Chavez has obtained is why I would recommend him to anyone who would ask me for reference when buying a home. The service he provides puts you at ease and pushes back any mixed emotions when purchasing a home. The trust we put in him to guide us to buying our home was still present 2 weeks after closing checking up on how we are adjusting to home ownership."
Lawrence- La Mirada, CA (Buyer) Tue, 16 Jul 2019 05:50:35 +1000
"Extremely happy with my home sale , Cindy does an excellent job and knows what she is doing"
Phil Buck Fullerton (Seller) Fri, 12 Jul 2019 07:44:57 +1000
"Scott Gooding was a pleasure to work with. He was professional, knowledgeable, extremely helpful, and positive through the unexpected ups and downs of the process. He made it really easy for us and we would not hesitate to work with him again!"
Max Los Angeles (Buyer) Thu, 11 Jul 2019 23:32:38 +1000
"We can't thank Cindy enough for helping us sell our home! We bought our home with Cindy 15 years ago, and during 8 of those years Cindy helped us find renters and manage the property. Then when we decided we were going to move our family to Texas, she helped us sell our home in 21 days! We got our full asking price and received a fantastic offer all before even listing our home on the MLS! This process couldn't have been any easier, we are thankful to Cindy and Century 21 and can't wait to start our new adventure!
Thank you Cindy!"
Frank Soria, Brea (Seller) Sun, 07 Jul 2019 00:59:39 +1000
Amanda Michaelrecommended by Seller view agent's profile
"Thank you Amanda Michael for being there every step of the way through the process of selling our home. You were absolutely delightful and so kind. When we envisioned this process, we had pretty high expectations and without us having to say much, you made sure to exceed in every way. We cannot thank you enough for making it seem so effortless, even though we know you were working hard behind the scenes. We will be referring all of our family and our friends without hesitation."
Garrett and Jessica Earls - Chino, California (Seller) Sat, 06 Jul 2019 03:12:15 +1000
Sunny Kimrecommended by Seller view agent's profile
"Sunny Kim came recommended from a business associate. She lived up to the rave reviews. Her review of the market and neighborhood was well researched and thorough . She responded promptly to all emails we sent her doing the "For Sale' period. She found a great, very qualified buyer in a very short period of time. During escrow, she stayed on top of things, keeping the process on schedule.
Being out of town sellers, she went out of her way to handle things that normally we would have handled if we lived nearby. She was a tremendous help.
I would recommend her to anyone looking to sell or buy a property in Fullerton."
Bill Crosson, Omaha NE. (Seller) Tue, 02 Jul 2019 03:39:16 +1000
Winston Creelrecommended by Seller view agent's profile
"Winston is very hands on and personally involved. Winston treated my home as if it were his own. His ability to work and relate with others was outstanding when critical issues developed ,which kept our home sold.
I was a difficult client as I am very impatient and Winston never let his frustration with me show or influence him. Winston never forced his opinions on me and gave me time to consider options and helped walked me through the process.
Winston's wonderful personality, patience and kindness, not only to my family but to the buyers as well would cause me to highly recommend him to anyone needing to sell or buy a home."
Larry D. Peterson Fullerton, California (Seller) Sat, 22 Jun 2019 01:01:28 +1000
"Valentina helped me make my condo look its best for prospective buyers by making suggestions for decor with attention to detail. Her group then took beautiful pictures of the condo. Her listings included a perfect video showing my condo at its best. It was important to me to sell fast, and Valentina made that happen. We closed escrow in under a month from listing! I was very happy with Valentina's service."
Parvin Shahrestani (Seller) Thu, 13 Jun 2019 10:52:34 +1000
Terri Thompsonrecommended by Buyer view agent's profile
"We simply love Terri and her partner Lindy. I would give Terri and Lindy a million-star review if I could. She was quick, caring, kind and detailed. It was a wonderful experience buying my first house. I would recommend her and Century 21 to any friends/family members I look forward to working with Terri over and over again."
Bryan Nguyen, Fullerton, CA 92833 (Buyer) Wed, 12 Jun 2019 08:38:19 +1000
Lindy Dylarecommended by Seller view agent's profile
"Working with Lindy was a pleasure. She helped me through a process that could have been a nightmare and made it all so easy. She has a wonderful personality and was so easy to work with. ALWAYS kept me in the loop as to what was happening with my sale. I would highly recommend her and will.
I marked some of the questions "Not Applicable " because we got two offers so quickly that I don't think Lindy had much time to advertise.
Lindy was a pleasure to work with.
Can't say enough good things about Lindy"
Robert Moreno Fullerton (Seller) Wed, 05 Jun 2019 03:51:26 +1000
"Working with Trilby made the purchase of the property a great experience.
Trilby made sure that our best interest was foremost through the entire transaction.
It would be great if all business professionals' had Trilby's ethics and values."
Bob Hayden Newport Beach, Ca. (Buyer) Thu, 23 May 2019 03:44:53 +1000
"Thanks so much Christine and Mike Wolitski! You guys made something that was very stressful and difficult- easy! I had NO idea what I was doing or where to start. You guys just picked up the sale and started rolling:) I know it was a difficult sale for you guys so thanks so much! I appreciate you both!"
Tammy Lafleur, Greeley Colorado (Seller) Tue, 14 May 2019 07:34:13 +1000
"thank you Jacob and Debbie"
Elliott, Anaheim (Buyer) Mon, 13 May 2019 03:56:17 +1000
"Valentina was patient and understanding during this process. She was thoughtful to our needs and provided excellent advice and insight from her experience. I highly recommend her and look forward to working with her again in the future.
Trust was a major factor in choosing to go with our agent. And I knew she had our best interest in mind during this entire process."
Jason, Rancho Santa Margarita (Buyer) Thu, 09 May 2019 07:10:08 +1000
"Cindy sold us our present home knowing what we needed for my handicapped husband. We used Cindy when we sold my mother-in-law's home. We have also listed other properties with her. She is very friendly, knowledgeable and a very hard worker. We highly recommend her.
Great. Cindy is so easy to work with.
Since the renters had some personal credits issues buying the home, Cindy was very good about keeping me abreast of the progress solving their issues."
Carolyn Wood, Placentia (Seller) Thu, 09 May 2019 07:00:20 +1000
"This was the 3rd time I've used services of The Sharp Team for my real estate needs. I recently relocated to Dallas TX and had to sell my home in LA in a timely manner and in order to make the transition as smooth as possible, Alex was great once again. The property was prepared and listed with professionally taken pictures within a week. We had a buyer in only a couple of weeks from then and right about that time was when my wife and I had to leave for TX. Alex handled the entire transaction as a true professional. As always, he was there for daily updates and Alex also represented the buyer as well who happen to be an attorneys. He navigated his way through the complex relocation transaction easily, I would most definitely recommend Alex and Valentina of The Sharp Team to anyone I know and will for sure use their services again in the future."
Chris Schroeder, Los Angeles (Seller) Sun, 05 May 2019 03:43:57 +1000
Gregory Smithrecommended by Buyer view agent's profile
"Gregory Smith was friendly and knowledgeable.
I had a good experience and found Greg to be easy to talk to and always have my interest at hand. I felt well represented .
Greg made this process easy for me. I am very happy with my results and would recommend him to others looking to buy a home ."
Naida Cabrera , La Habra (Buyer) Fri, 03 May 2019 20:23:54 +1000
"Molly did a fantastic job overall and managed to get the deal done in a matter of days. She is very professional and one of the most friendly agents I've dealt with. Molly kept me informed thought out all the transaction steps/details, that was very important for me. It was a pleasure working with Molly on this transaction, she is an excellent real estate agent. Thank you!"
German C (Buyer) Fri, 03 May 2019 12:20:39 +1000
"They made the transition very smoothly for us. Also a pleasure to work with them all."
Perry Prior Anaheim ca (Buyer) Fri, 03 May 2019 06:34:23 +1000
"Debbie and Jacob went above and beyond our expectations in all aspects of the transaction. We were very impressed by their professionalism. We will defiantly be using them in future sales. I have already referred their team to family and friends."
Yolanda Randolph Fullerton Ca. (Buyer) Fri, 03 May 2019 06:10:39 +1000
"Selling a home can be challenging, yet with the help of Babette and Corliss, the process moved along smoothly. They staged my home beautifully and made my home look amazing. They also helped me find my new dream home! They handled everything, so I had to take very little time off work. They got me multiple offers and recommended I go with an all cash one that closed quickly and smoothly. Babette and Corliss were a pleasure to work with I would definitely recommend them to my family and friends."
Linda Song, Fullerton (Seller) Wed, 01 May 2019 23:19:54 +1000
"The sales process for us was an emotional one due to some family issues. Dea Wemmer was very understanding and helpful through each step. She gave us useful suggestions but allowed us to move at our own pace. She made a difficult personal situation as painless as she could. We will definitely use Dea again if we sell or buy another house.
Sharon Gehringer, Fullerton, CA (Seller) Wed, 01 May 2019 08:33:25 +1000
"Ismael is a true professional. He consistently exceeded my expectations and never stopping working until the deal was finalized. He was there from the beginning until the very end. He was punctual for every meet, he communicated well, and processed necessary paperwork fast. He was prepared every step of the way."
Raúl Reynoso (Buyer) Wed, 01 May 2019 04:02:37 +1000
"Cindy's the best"
TRENT MOglia. Whittier,ca (Buyer) Thu, 25 Apr 2019 06:01:19 +1000
"Valentina Sharp and Alex Tipakov were smart, savvy and so helpful during this huge process. They were always available, informed, patient, tireless and ready with a great sense of humor to calm our nerves when needed. We are so grateful they were our amazing agents for the purchase of our first home!"
Gina Garcia-Sharp, Inglewood, CA (Buyer) Thu, 25 Apr 2019 05:36:28 +1000
"I have been around real estate my entire life as my mother was an agent. I knew that I needed to select an agent that was familiar with the neighborhood and actively participating in it. Valentina exceeded my expectations on every level. She was incredibly responsive and quick. Once I decided to list with her, everything (pictures, MLS, advertising, sign) was done within a few days and she was holding an open house. Honestly, it was amazing. And thanks to her dedication and motivation, we got a fabulous offer and sold in under two weeks."
Gina Perry, Fullerton (Seller) Tue, 23 Apr 2019 03:36:18 +1000
"Thanks for everything Cindy"
Nick Grenert (Seller) Thu, 18 Apr 2019 05:53:36 +1000
Lindy Dylarecommended by Buyer view agent's profile
"Terri brought Lindy on board and the two of them were very thoughtful and helpful in our search for our forever home. They both were in constant communication with me during the whole process and made me feel confident in their ability to get my family in a home of our own."
Angel Croston (Buyer) Thu, 18 Apr 2019 03:14:16 +1000
"Experience makes a good sales woman. Cindy chooses to be reputable fair and kind which is why she is successful!
She evokes positive energy and really becomes focused on getting you your dream home.
Cindy is a pro. I would feel comfortable recommending her to anyone as she is down to earth and super likable.
Cindy speaks very highly and devotes time telling her journey with this great Company
Cindy can advocate for her buyer because she knows real-estate law.
If you want to buy a home Cindy goes the extra mile to show you properties, work with sellers agents and stay with you until you find your property. She truly loves the process and makes you feel like she has all the time to find your dream home."
Kitty McCabe Fullerton (Buyer) Thu, 11 Apr 2019 11:55:13 +1000
"We were very satisfied with our sales experience with Valentina. She facilitated all communication with the seller, escrow, and our loan officer. She responded to every call and text promptly and was always available to answer all of my questions. Due to a potential promotion, we needed to close escrow earlier than anticipated and Valentina worked with the seller to make this possible for us in a way that made both seller and buyer happy. We appreciated very much that Valentina was transparent about the renovations that would need to happen to the property we purchased, which was sold as is, such that we had a clear idea of what we were getting into. When we did the final walk through, the seller had left some items in the home, which we did not want. Valentina took care of this for us with her own resources, which made things much easier on us as new home owners. We will work with Valentina again in the future and would recommend her to friends and family. She is approachable, knowledgeable, and easy to work with."
Parvin Shahrestani, Fullerton (Buyer) Thu, 04 Apr 2019 12:44:43 +1000
Nick Baclitrecommended by Seller view agent's profile
"Nick was attentive and always there whenever we had questions, comments and concerns. He worked hard for us to get what we wanted and was patient and professional through the entire process. So grateful we had Nick as our agent."
Christina argott (Seller) Tue, 26 Mar 2019 13:56:07 +1000
"Ismael Chavez was very helpful since we met up with him to discuss whether it was a good time for me to purchase a home or not. He really motivated me to get a house and he was very helpful when looking at properties. He is very patient and he is willing to answer all your questions and concerns. Ismael went above and beyond to get me the house I wanted. I would definitely recommend him to my friends and family."
Rodi, California (Buyer) Tue, 26 Mar 2019 12:05:15 +1000
Danny Krauserecommended by Seller view agent's profile
"We selected our real estate agent, Danny Krause, based on the quick sale of our neighbors' home which sold over their asking price.
When we were ready to sell our own home, Danny took us step by step through the process and we agreed, setting the initial sales price was essential to getting the home sold.
Danny grew up in the Placentia/Yorba Linda area so he knows the market and he could see the value in our particular home and what features to highlight.
Our home, while move-in-ready, needed some minor staging. Danny works with his wife Janie who has an eye for space, color, and decor. Magically, my home was transformed to appeal to today's buyer. The yard sign was placed prominently, the photos including the drone aerial were beautiful and the flyer was professional. We appreciated all of his services which also included blasting our home out to social media. It is amazing how many potential buyers walked through the doors on the Open House weekend.
A few of the qualities which set our agent, Danny, above the rest is his ability to communicate, his sense of urgency when appropriate, and his experience.
Overall, he made a stressful process easy and we trusted him. Danny Krause exceeded our expectations in all areas!"
Bill & Mary Ann (Placentia, CA) (Seller) Tue, 19 Mar 2019 07:40:07 +1000
Nick Baclitrecommended by Buyer view agent's profile
"Very professional. As first time home buyers/new to the state of California, it was critical to work with someone who is patient and has a very good understanding of the industry. Nick and Marlena made sure we understood the process and walked us through each step. Above all, the Baclits always encouraged us to take our time and think things through before making any decision and/or signing any documents. Overall, great learning experience.
The Baclits are extremely organized which makes everything run very smoothly and transparent. Always offered a solution. Excellent problem solvers. Great at communicating and following up. Always available. Always offered their professional opinion is a very respectful way. True professionals.
Marlena Baclit - fun to work with, great conversations, very organized, pays exceptional attention to details, always on top of things.
The Baclits are very personable and fun to work with.
Nick and Marlena made this long and challenging ride as pleasant as possible. They really stood up beside us."
Ana Urena - Los Angeles, California (Buyer) Mon, 11 Mar 2019 08:00:25 +1000
"Valentina was very professional and on top of everything. She made it very clear what we needed to do and when. We never had to worry about how she was handling her end of the work because she always told us what she was going to do and let us know when it was done.
We loved working with Valentina and our daughter loved having her be a part of our life!! Going into this we did not realize how much we would be seeing and communicating with Valentina. She made it easy and enjoyable. Always knowledgeable, polite, and prompt. But more than that she was a pleasure to have as a part of our life during this process!
We would 100% work with Valentina Sharp again and highly recommend her!!"
Miller Family, Fullerton (Seller) Thu, 07 Mar 2019 06:35:38 +1000
"The McCann Team did an excellent job from our first meeting to the moment we got our house keys. They went above and beyond that is expected of a realtor and were critical to our house purchase-success. Our family thanks The McCann Team and Debbie in particular, for helping us make our dream of owning a house a beautiful reality.
Thank you so much!"
Lucia Alcala, Buena Park CA (Buyer) Wed, 27 Feb 2019 11:57:08 +1000
"Judy came up with a wonderful sales plan for the sale of our house. She provided the contractors and strategy prior to putting the house on the market that ensured maximum return and quick sale. Judy has an extraordinary sense of the Fullerton real estate market. We will continue to use Judy for our real estate needs in the future!"
Rick Briggs, Fullerton (Seller) Wed, 20 Feb 2019 05:25:33 +1000
Solon Shawrecommended by Seller view agent's profile
"Solon Shaw did a great job assisting us with the sale of the house. He's very professional, knowledgeable and friendly. He answered all our questions and was always available. It went very smoothly with Solon's help and experience. I would highly recommend him and seek his help again if needed."
Steve Tolar Thornton, Co./Stanton, Ca. (Seller) Sat, 16 Feb 2019 23:31:13 +1000
"Babette and Corliss were excellent communicators. They were always in touch with me in a timely manner and were in touch with my personal concerns in regard to the sale of my property. I could not have had more professional, trustworthy agents. I went through a trying ordeal and they were there for me the whole way.
Because of the assistance of Babette and Corliss Martin, my overall experience was tolerable. I thank them for their cooperation with me throughout my experience.
I never did business with Century 21 Discovery before, but if I had to do go through another sale, if all the agents are of the calabre of these two agents, I would definitely choose Century 21 Discovery again.
I highly recommend Babette and Corliss Martin as Real
Estate agents especially for estate sales, which is how I utilized their services.
Mary L. Shields"
MARY L. SHIELDS (Seller) Tue, 29 Jan 2019 04:36:40 +1000
"I hired CINDY over licensed family."
Tracy guiled Long Bch (Seller) Fri, 18 Jan 2019 10:49:39 +1000
"It was very smooth and easy experience for a buying house of my expectation .
Shonnie Jones was attention to communication , timely dedication and fully understanding of what we looking for .
It was comfortable working with her and very satisfied on our mission."
Yoon Kim , Fullerton CA (Buyer) Fri, 04 Jan 2019 04:34:58 +1000
"Scott was recommended to me as having experience in the area which was very important for me. Scott was very professional and transparent. The sale of the property was not easy since my sister and I inherited it from my father, but Scott guided us to excellent professionals to help us get the property prepared to be sold and had a solution for every challenge along the way. Scott was very patient and sold the property at a time when the market was getting difficult for sellers. I would recommend Scott with no hesitation."
Zachari Mateev, Fullerton, CA (Seller) Thu, 03 Jan 2019 05:50:39 +1000
"Great transaction, Scott worked hard to get me the price and credits I wanted."
Martha Hernandez (Buyer) Wed, 02 Jan 2019 04:13:30 +1000
Donald Palmerrecommended by Seller view agent's profile
"Don is a consumate professional, even when faced with unexpected challenges Don jumped right in (literally in the case of a pool overflow). I highly recommend Donald Palmer!"
Jeanne Webb (Seller) Thu, 20 Dec 2018 02:13:08 +1000
"Babette Carlson and Corliss Martin go above and beyond for their clients. They listen to find out what you're looking for and respond quickly to questions through texts and phone calls. They epitomize the term, "service with a smile.""
Linda Song Fullerton (Buyer) Thu, 13 Dec 2018 09:39:29 +1000
"Good honest people! Thank you Scott."
Josh. Fullerton (Buyer) Wed, 12 Dec 2018 14:58:05 +1000
Marilyn Gaudiorecommended by Seller view agent's profile
Patricia L Olson (Seller) Tue, 11 Dec 2018 09:45:37 +1000
"Scott was well prepared and his presentation was excellent to list the house. I interviewed four realtors and Scott was by far was the most knowledgeable. Scott was very familiar with home values in my area and was able to price the home to sell in today's market in a timely manner. The complete process went exactly the way he said from start to finish."
Kurt Pollock (Seller) Tue, 11 Dec 2018 06:43:07 +1000
Susan Braunrecommended by Buyer view agent's profile
"I know Sue since 2000 and I trust her as my Mother or sister."
Rose Nafar/ 755 S. Edgeview CIR, ANaheim Hills, ca 92808 (Buyer) Wed, 05 Dec 2018 11:47:51 +1000
"Trilby Smith did a great job helping my parents find a home last year, I knew she would be the right agent to help us again.
Trilby Smith is engaging, warm and friendly. She is easy to talk to and is very diplomatic in sensitive situations.
Cindy Burg was amazing through the entire process. Always available to answer questions and is very knowledgeable.
Trilby Smith and Cindy Burg handled the purchase of the home with confidence and I feel we were able to purchase the home at a reasonable price."
Catherine Lardas-Hayden (Buyer) Mon, 03 Dec 2018 16:22:28 +1000
"Ismael was great. His flexibility, knowledge of properties and communities and professionalism were second to none. Enjoyed working with him. Almost like a part of family now."
Jaime Neri, Cerritos, CA (Buyer) Sun, 02 Dec 2018 06:15:07 +1000
Terry Scribnerrecommended by Seller view agent's profile
"Terry knows his stuff and led me through the arduous process of selling and buying homes. I could always reach him when I needed to, and he provided me with informed answers. He often told me that it was his job to make things work and that I shouldn't worry about the details.
I love working with Terry (and Bonnie)."
VJ, Southern California (Seller) Wed, 28 Nov 2018 06:49:53 +1000
"Super happy with their service"
Jorge Figueroa/ Moreno Valley Ca (Buyer) Tue, 27 Nov 2018 13:20:39 +1000
"Cindy Berg went above & beyond! She made us feel like we were her only client! She got our old home in escrow in less than 30 days, while we were in Hawaii on vacation. She helped us find exactly what we were looking for in a new home! She made sure our escrow closed on the day it was suppose too even though our buyer ended up closing late & it almost caused us to delay our close. Cindy went out of her way to make sure our close closed on schedule which helped with our already scheduled new floor installation, cleaning team, & the hired movers. She also had no problem taking us to look at our new home 4 different times before we put in a offer. Cindy helped us buy our last home, sell it, and purchase our new one. We would definitely use her again in any future real estate needs! :)"
Brooke, San Clemente (Buyer) Mon, 19 Nov 2018 14:51:15 +1000
"Christine Truxaw did a great job.
Christine Truxaw did a great job in selling my home that I have lived in for over 50 years.
Joan Marie Jones, Placentia (Seller) Fri, 09 Nov 2018 15:24:32 +1000
"Cindy was a huge help! She was ALWAYS available to my husband & I."
Brooke, San Clemente (Seller) Wed, 07 Nov 2018 02:25:42 +1000
"The Best"
Bruce Hunt (Seller) Mon, 05 Nov 2018 06:47:09 +1000
"I am so thankful that I was given Molly's business card from a trusted friend.
Selling your home is a very stressful thing to do, but Molly was there every step of the way. I never had a doubt that Molly always had my back. Her knowledge and professionalism was evident in the way she handled herself. She explained every document and was right there when something needed extra attention.
Not only is she an excellent real estate agent, but she is a wonderful, kind and compassionate person, who I now consider a dear friend.
I will always recommend Molly. In my opinion there is not a better qualified agent in the area. I am so lucky to have found her."
Linda E. (Seller) Mon, 29 Oct 2018 11:18:53 +1000
"We had seen Judy's signs before but had never met her. We had met with other agents but just didn't feel they had our interests as priority and that we were just a sale for them. When we met Judy, she listened to or questions and then gave us some suggestions on preparing our home to sell. Judy is friendly, knowledgeable and was aggressive in selling our home. She actually got us more money than the other agents thought we could get. We certainly recommend Judy to others. She's the best agent in So Cal!"
Scott and Marcia Stanford, Orem Utah (Seller) Mon, 29 Oct 2018 03:08:07 +1000
"Molly was able to handle a re-fi and a purchase, co-ordinate the two transactions in two different counties, and have everything timed so that there was no lag time where I was without a roof over my head. She dealt with the sellers, the appraisers, the home inspectors and I really didn't have to do anything but sign paperwork. I could not be happier with my choice to use Molly and Brian Kurzbard, they proved themselves to have integrity, intelligence and consideration. I love my new house and I would not hesitate to recommend the Kurzbards and Century 21 to anyone who needs an honest realtor who was willing to deal with a purchase of a property so far from the area where they usually work.
Molly could always be reached on phone and several times she came out to the desert communities to get signatures so that I wouldn't have to drive in to Orange County. Being considerate does not even come close to describing what Molly Kurzbard is.
Molly made this involved transaction as easy as it could have possibly been and she made it as worry-free for me as she could. I was always "in the loop" and knew where we were in the process and Molly was always available to answer any questions that I had."
Blanche Cummings, La Quinta, CA (Buyer) Sun, 21 Oct 2018 09:17:23 +1000
"Let us start of by saying, "The McCann team was awesome from day one.." They came HIGHLY recommended by Veterans United Home Loans. Debbie and Jacob went beyond the call of duty with us, especially with our needs and wants for our first starter home.
My wife and I may have been a little difficult with our wish list. But they understood how excited and worried we were at the same time. About what we want and needed for our home and helped us understand to compromise and plan for any future upgrades or renovations to "our new home". That can bring future value to our home if we decided to sell one day.
They were always available, day or night seven days a week. Ready to answer and questions or concerns we had. With no hesitation, push back or negativity. If we did not understand codes, abbreviations, lingo, or any of the documentation. They made sure that we understood what it meant or its purpose. So we can leave with peace of mind knowing that we had a clear understanding.
We HIGHLY recommend them to family and friends and anybody else who might need help from such a great team.
They were awesome can say it enough great team.. "GO TEAM McCann""
Cortez Family, Long Beach, CA. (Buyer) Fri, 19 Oct 2018 14:30:32 +1000
Shonnie Jonesrecommended by Seller view agent's profile
"Shonnie is a shining star. Though we ended up with an interesting buyer, Shonnie made sure that every issue they created was handled immediately. Being on top of everything is important to us when we hire someone. Shonnie's level of follow through, and care for her customers is top notch. You will never be dissatisfied with the professionalism and quality service that Shonnie provides."
The Enslows (Seller) Wed, 26 Sep 2018 03:45:55 +1000
"If you want the best you asked for Judy Borowski She can sell your house for the best price and she's there to follow through to the Very end. She's very easy to talk to and she can answer all your questions if not she will find out for you she's very professional"
Janice and Dennis Creager. La Quinta calf (Seller) Mon, 24 Sep 2018 07:58:56 +1000
"It was a simple decision to work with Ismael because everyone we spoke to had positive things to say about ismael.
Seriously Ismael was the best!!! If we ever plan on selling our home, he will be the first person we call to help us out!
Ismael was just a call or text away to answer any questions we had at anytime. Ismael explained every step making the process as smooth as possible."
Crystal Solorzano- Anaheim (Buyer) Thu, 06 Sep 2018 13:39:42 +1000
"Ismael was great."
Jc Gutierrez (Buyer) Thu, 06 Sep 2018 03:09:13 +1000
"Thanks for your patience and looking out for my best interest. Your professionalism and experience made it possible to get the best deal possible. Keep up the outstanding customer service."
Moises Vaca, Santa Ana (Buyer) Sat, 01 Sep 2018 03:50:05 +1000
"We met Shonnie Jones purely by chance. Once we started dealing with Her we were impressed with Her knowledge of the area (geographic) and expertise in the real estate arena.
This went much faster than we anticipated, and that's a good thing. Even thought there was a myriad of paper work and signatures to go thru any questions we had were explained to us with clarity. Shonnie was punctual and paid attention to detail.I would recommend Shonnie Jones to anyone looking to sell/buy a home."
James & Carolyn Chaney Moreno Valley, CA (Buyer) Thu, 16 Aug 2018 08:22:29 +1000
"Ismael was patient with us and was always available to talk or text. Thank you for always making us feel like your priority and getting the sale closed."
Vicky from Carson, Ca. (Buyer) Fri, 10 Aug 2018 12:03:03 +1000
"We've known Scott for years. He helped us purchase our first home. When we decided to make a move to purchase another home, he was there to help us out. It was a no brainer to ask for his assistance once again. Scott sold our house and helped us purchase an investment property. Scott worked nonstop with the sale of our home and the purchase of our investment property.
I recommend Scott because he will continue to work for you until you are completely satisfied.
Thank you Scott and Century 21 Discovery for our recent sale and purchase."
Hector and Angela Marquez, La Mirada, CA (Buyer) Sun, 05 Aug 2018 08:20:38 +1000
Phoebey Wurecommended by Buyer view agent's profile
"Phoebey is a great broker, she is straightforward, funny, and helpful. She always kept us up-to-date on every process of our purchase. She is also a great advocate for us when it came to negotiating with the sellers. We are blessed to have her as our agent. Thanks for helping us get our home."
Nancy W, Anaheim (Buyer) Sat, 04 Aug 2018 11:46:57 +1000
"I recommend Molly without hesitation. She was professional, enthusiastic and knowledgeable."
Bianca Mini Yorba Linda (Buyer) Fri, 03 Aug 2018 16:21:25 +1000
"Amanda Michael went up and beyond our expectations in finding us our home. It was a longer process, due to the competitiveness of the market, but she worked endlessly to help us find our perfect home. Amanda was super knowledgeable about the escrow process, contracts and the loan process. We knew we did not have to worry about anything being missed with her help! She is genuine and easy to talk to and be honest with. Really an amazing quality in an a realtor/broker.
Unfortunately I think Amanda Michael spoiled us - we will only work with her in the future. Could not be happier with our home buying journey which Amanda was absolutely instrumental in our positive outcome."
The LaScolas - Huntington Beach (Buyer) Fri, 03 Aug 2018 10:29:11 +1000
"It felt like the property was on the market for only minutes before we were in escrow. Molly kept me informed, asked my opinion on everything and offered her advice when it was appropriate. I appreciate all her support and expertise. It was such a fast sale and it went through with absolutely no problems that I will not hesitate to use Century 21, and Molly in specific, again. I cannot recommend the office and the broker more highly. Completely satisfied,
She treated me like I was a good friend. She took care of me and put my best interests first."
Jo Quigley Yorba Linda (Seller) Wed, 01 Aug 2018 14:05:58 +1000
"Even though we were aware of Dea we still checked her out and compared her to others in area and she was top notch!
oh my word. My wife and I cannot say enough about how great Dea is and was during our process of selling the home. She was right there every step of the way. Always answered our calls and addressed any concerns we had immediately. We have sold several homes and Dea was by far the best Realtor we have ever had. She has actually become what we would consider a good friend.
She was what we consider neat and orderly in all aspects of the sale. No loose ends or over seen items. Perfect! As in Mary Poppins, "Practically perfect in every way"
Dea is personable, kind and understanding. She added the extra touch that was needed to make us feel comfortable all along the way."
Greg Simon, Fullerton, Calif. (Seller) Wed, 01 Aug 2018 08:41:30 +1000
"Shonnie covers every detail and patiently walks you through what can be a very complex process of purchasing a home. She works with care and integrity and she made us feel safe through both the processes of negotiation and paperwork. She illcits a lot of trust and that makes all the difference in the world."
Chris Metzen, Irvine CA (Buyer) Tue, 31 Jul 2018 17:45:41 +1000
"Our journey to our new home with Amanda Michael was as good as it gets. Amanda was flexible when it came to times we could look at properties. She would always work with our schedules to make every viewing happen. She was never pushy and let us lead the way...which was HUGE for us. She never seemed irritated at our requests, even when they were probably out of reach :) She would always support our wishes and did everything she could to fulfill our dreams and accommodate our growing family. When one offer wouldn't work out, she never seemed discouraged-even if we were. She was one reason we felt good about continuing our search in a completive market. I would recommend Amanda because she is honest and truly cares for her clients. I would feel confident recommending her knowing my friends or family would get the exact same care we received. Amanda has integrity and it showed through every interaction she had. She was communicative with all members involved. Amanda made our experience during a stressful time...enjoyable. We are grateful she lead the way to our new house! Thank you Amanda :) Your the Best!!!!!"
Julia May, Costa Mesa (Buyer) Thu, 26 Jul 2018 14:24:16 +1000
"Amanda was extremely professional easy to deal with. I would gladly have her represent me again when it comes time to buy or sell in the future."
Stephen Garbutt, Los Angeles (Buyer) Wed, 25 Jul 2018 14:50:34 +1000
"I cannot add more than what is stated above. In a word, Valentina is simply the best."
Linda Hurley Anaheim Hills (Seller) Sat, 21 Jul 2018 06:50:21 +1000
Melinda Guinaldorecommended by Seller view agent's profile
"Melinda Guinaldo and Christine Truxaw understood that, for us, we were not just selling a house. We were selling a home with unique characteristics and a colorful history. We could not be happier with their services!"


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Lovely flatlet in Linden Randburg available for 1 september 2019. This simplex/ cottage contains a living and kitchen area, a bedroom, and a bathroom consisting of a toilet . There are 6 units on this property, Access via remote control gate in safe area, situated close to schools and shopping centres.Rent is R4800 deposit is one month's rent. Water included in rent, electricity is prepaid.
Find even more on Junk Mail by browsing through the similar ads below.

subset: commoncrawl


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Come join us today with the talented Matt Kersh. Matt is a native Texan that grew up in Boerne and makes his living as a singer songwriter performing around the state. He writes and plays Americana/Folk with a lot of heart and undeniably Texas roots. He'll be here to entertain us, so come hungry and thirsty and plan on hanging out with us all day with a glass or two or wine and a bite from The Grill. We'll be waiting!
Back to All Events
Earlier Event: August 24Weekend Special: BLT
Later Event: August 25Weekend Special: BLT


text:
unfortunately..people never learn
god talk about perfection
Cali dreamin
Be honest with who you are and how you look...confidence goes a long way. Plus if a man is THAT concerned about the outside, why would you want him anyway?
Hello guys I don't know what is happening with me but I think i'm addicted to this real hot…
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Festive cheer for Juventus as Cuadrado set to avoid knee surgery
Juan Cuadrado is likely to avoid the need for surgery on a knee injury, Juventus have confirmed.
The Colombia international was sent to Germany for assessment on the problem last week and missed the 1-0 Serie A victory over Roma last Saturday.
The 30-year-old has returned to Turin and will continue conservative treatment in a bid to restore him to full fitness.
"Juan Cuadrado is continuing conservative therapy with some improvement," a Juve statement said.
"At the moment, there are not enough indications to proceed surgically."
Cuadrado has made 15 appearances in all competitions for Massimiliano Allegri's side this season.
Despite his injury struggles, he remains fully committed to the Juve cause and has sought to play down any suggestion that he may consider leaving the club.
He told Marca in November: "I think only of Juventus and to reach the goals we have set ourselves, to arrive in March and to be in a race on all fronts.
"Then there will be the Copa America, it will be a great opportunity to win something with Colombia."
Juve are set to face Atalanta on December 26 before hosting Sampdoria three days later in their final match before the mid-season break.
Cuadrado will play no part in those fixtures, but will be hoping to come back into contention at some point in early 2019.


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Management Solutions compiles new regulations published in recent weeks by different regulatory and supervisory authorities (with a focus on the financial industry).
(28/06/2019) Fed – Comprehensive Capital Analysis and Review 2019: assessment framework and results
The Fed has published the assessment framework and results of the CCAR 2019, which includes both a quantitative assessment that evaluates a firm's capital adequacy and planned capital distributions, and a qualitative assessment of capital planning practices. In the CCAR 2019, 18 firms have participated, although only 17 firms were subject to the qualitative assessment.
Risk information Centre (CIR)
(27/06/2019) BdE – Proyecto de Circular por el que se modifica la Circular 1/2013, sobre la Central de Información de Riesgos / Anejo 1. Módulos de datos / Anejo 2. Instrucciones para elaborar los módulos de datos / Anejo 3. Información de los riesgos que se facilitará a las entidades declarantes y a los intermediarios de crédito inmobiliario
The Bank of Spain (BdE) has published a Draft Circular amending Circular 1/2013 on the CIR, to adapt the CIR to the changes introduced by the Law 5/2019. In particular, this Draft Circular aims to adapt these changes to the new regulatory developments and to include the adjustments identified in the reported information according to the AnaCredit Regulation for the purpose of improving the reporting to the CIR of certain operations and additional clarifications in relation to the requirements for reporting claims to the CIR.
Stress test 2020
(26/06/2019) EBA – Draft Methodological Note of the EU-wide stress test 2020 / Draft 2020 EU-wide stress test – Template Guidance / Draft 2020 EU-wide stress test – Draft Templates
The EBA has published the 2020 EU-wide stress test draft methodology for discussion, describing how banks should calculate the stress impact of the common scenarios and establishing constraints for their bottom-up calculations. In particular, this Draft aims to provide banks with adequate guidance and support for performing the EU-wide stress test and builds on the methodology prepared for the 2018 exercise. Further, it includes the preliminary list of institutions participating in the 2020 exercise.
(24/06/2019) Fed – Dodd-Frank Act Stress Test 2019: Supervisory Stress Test Results
The Fed has published the results for the Dodd-Frank Act Stress Test 2019 (DFAST 2019), in which 18 firms have participated. In conducting its supervisory stress test, the Fed calculates its projections of each firm's balance sheet, risk-weighted assets (RWAs), net income, and resulting regulatory capital ratios under the adverse and severely adverse scenarios.
Credit granting
(20/06/2019) EBA – Consultation Paper on Draft Guidelines on loan origination and monitoring
The EBA has now published a Consultation Paper (CP) on Guidelines (GL) on loan origination and monitoring in order to improve institutions' practices and associated governance arrangements, processes and mechanisms in relation to credit granting for ensuring that institutions have robust and prudent approaches to credit risk taking, management and monitoring, and newly originated loans are of high credit quality, whilst respecting and protecting the interests of consumers.
(17/06/2019) BdE – Proyecto de Circular, a establecimientos financieros de crédito, sobre normas de información financiera pública y reservada, y modelos de estados financieros
The BdE has published a Draft Circular, addressed to specialised lending institutions (SLIs), on public and confidential financial information rules and formats, with the aim to keep the convergence of the Spanish accounting standards of supervised institutions to the IFRS framework. In particular, the new Circular will be the accounting regime for SLIs and will cover the documents that these institutions and their groups must publish, as well as the rules on recognition, valuation, submission and disclosure of information to be included in the financial report and the rules on the breakdown that shall be applied in its preparation, including models on public and confidential financial statements.
Banking reform
(10/06/2019) EP and Council – Banking package. Revised rules on capital requirements (CRR II/CRD V) and resolution (BRRD II/SRMR II)
The EP and the Council have published in the OJEU a reform package of the banking system, which introduces amendments included to the Capital Requirement Directive (CRD IV), the Capital Requirement Regulation (CRR), the Bank Recovery and Resolution Directive (BRRD), the Single Resolution Mechanism Regulation (SRMR), and the Regulation on EMIR. In particular, some of the key elements of this reform are the leverage ratio (LR), the net stable funding ratio (NSFR), the minimum requirements for own funds and eligible liabilities (MREL), and the review of some issues regarding the framework for credit, market and counterparty credit risks.
(04/06/2019) FSB – Consultation Paper on Discussion Paper regarding disclosures on resolution planning and resolvability / Consultation Paper on Discussion Paper regarding solvent wind-down of derivatives and trading portfolios
The FSB has published a Consultation Paper (CP) on Discussion Paper regarding disclosures on resolution planning and resolvability, that explores how general and firm-specific disclosures on resolution planning and resolvability could be further enhanced, focusing mainly on disclosures of resolution planning for G-SIBs. Moreover, the FSB has also issued a CP on Discussion Paper regarding solvent wind-down of derivatives and trading portfolios, that sets out considerations related to the solvent wind-down of such portfolios of a G-SIB, draws on the practices that are emerging in some jurisdictions and describes capabilities and arrangements that may need to be put in place to ensure a solvent wind-down plan can be effectively executed.
Economic Bulletin
(27/06/2019) BdE – Boletín Económico 2/2019
The BdE has published the Economic Bulletin 2/2019, which covers the Quarterly Report on the Spanish economy, and the analytical articles and economic notes published during the second quarter of 2019. In particular, this Economic Bulletin analyses the recent developments in the Spanish economy, within the international context and the Euro area and includes an analysis of the main relevant economic issues.
Leverage ratio
(26/06/2019) BCBS – Standards on revisions to leverage ratio disclosure requirements / Standards on leverage ratio treatment of client cleared derivatives
The BCBS has published the Standards on revisions to leverage ratio (LR) disclosure requirements which sets out additional requirements for banks to disclose their LR based on quarter-end and on daily average values of securities financing transactions. Further, the BCBS has also issued the Standards on the LR treatment of client cleared derivatives which sets out a targeted revision to align the LR measurement of client cleared derivatives with the measurement determined per the standardised approach to measuring counterparty credit risk exposures (SA-CCR).
Contract for differences (CFD)
(26/06/2019) ESMA – Opinion on the product intervention measures relating to contract for differences proposed by CNMV of Spain
The European Securities and Markets Authority (ESMA) has published an Opinion, addressed to the Spanish National Securities Market Commission (CNMV) on the product intervention measures relating to contract for differences (CFD). In particular, this Opinion concludes that the national measure consisting of a permanent prohibition on the marketing, distribution or sale of CFD to retail clients in or from Spain is justified and proportionated.
(26/06/2019) EP and Council – Directive (UE) 2019/1023, on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132 (Directive on restructuring and insolvency)
The European Parliament (EP) and the Council have published the Directive (UE) 2019/1023 on preventing restructuring frameworks, on discharge of debt and disqualifications that introduces several amendments to the Directive (UE) 2017/1132 on, among other aspects, the preventive restructuring frameworks (e.g. availability of preventing restructuring frameworks); the discharge of debt and disqualifications (e.g. access and period of discharge); or measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt (e.g. judicial and administrative authorities, supervision and remuneration of practitioners).
(25/06/2019) SRB – Addendum to the SRB 2018 MREL policy on new CRR requirements
The Single Resolution Board (SRB) has published an Addendum that updates its policy on minimum requirement for own funds and eligible liabilities (MREL) in light of the amendments introduced into the CRR through the CRR II. In particular, this Addendum focuses on the total loss absorbing capacity (TLAC) requirements for globally systemically important institutions (G-SIIs), and the permission regime to replace or reduce eligible liabilities instruments for all banks in the CRR II. Moreover, this document also describes the key aspects of the approval process, including time-limits and documentation supporting the application.
(25/06/2019) PRA – Consultation Paper 14/19 on Pillar 2 liquidity: PRA110 reporting frequency threshold
The Prudential Regulation Authority (PRA) has published the Consultation Paper (CP) 14/19 on the proposal to amend the reporting frequency of the PRA110 reporting template when a firm is in stress. In particular, this CP introduces a further threshold of total assets of £5 billion and firms above this threshold, that would otherwise report PRA110 monthly, would report on every business day if (and for as long as) there is a specific liquidity stress, or market liquidity stress in relation to the firm, branch, or group in question.
Sustainable finance
(24/06/2019) ESMA – Explanatory Note on survey on undue short-term pressure on corporations from the financial sector
The ESMA has published an Explanatory Note on the survey related to potential short-term pressures on corporations stemming from the financial sector. In particular, this survey aims to collect information on market practices on investment strategy and investment horizon; disclosure of Environmental, Social and Governance (ESG) factors and the contribution of such disclosure to long-term investment strategies; the role of fair value in better investment decision-making; institutional investor's engagement; remuneration of fund managers and corporate executives; and use of credit default swaps (CDS).
Fed's annual report
(24/06/2019) Fed – Annual Report 2018
The Fed has published its 2018 Annual Report covering operations and activities during the last year. In particular, this Annual Report includes information on the monetary policy and economic developments; the Fed's operations, the regulatory developments and the policy actions and litigation, statistical data, and Fed's audits, budgets and organization.
Pillar 2
(21/06/2019) BCBS – Report on the overview of Pillar 2 supervisory review practices and approaches
The BCBS has published a Report with the overview of Pillar 2 supervisory review practices and approaches that describes key concepts of Pillar 2 and supervisory review practices in use across the BCBS' member jurisdictions. In particular, this Report analyses key areas such as the risk assessment process; risk appetites; Board and senior management roles and supervisory practices adopted to enhance transparency; and bank disclosure practices.
Corporate bond markets
(21/06/2019) IOSCO – Final Report 10/2019 on liquidity in corporate bond markets under stressed conditions
The International Organization of Securities Commissions (IOSCO) has published the Final Report 10/2019 on liquidity in corporate bond markets under stressed conditions, which examines how liquidity in secondary corporate bond markets tends to evolve when those markets experience stress. In particular, this Report concludes, among other aspects, that the structure of corporate bond markets has evolved since the financial crisis, driven primarily by changes in the behavior of market intermediaries and in the supply of and demand for corporate bonds.
(21/06/2019) EBA – Opinion on the elements of strong customer authentication under PSD2
The EBA has published an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2) which analyses the authentication approaches currently observed in the market and states whether or not they are considered to be SCA compliant regarding to the three elements of SCA, i.e. knowledge, possession and inherence. Further, the EBA clarifies that it is legally not able to postpone the application date of the PSD2, and therefore this Directive will be in force by September 2019
MiFID II
(21/06/2019) ESMA – Updated results of the annual transparency calculations for equity and equity-like instruments
The ESMA has updated the annual transparency calculations for equity and equity-like instruments in order to reflect, among other aspects, the adjustment of the average daily number of transactions (ADNTE) on the most relevant market in terms of liquidity (MRM); or late corrections of the underlying data used to perform the calculations by reporting entities.
Economic bulletin
(20/06/2019) ECB – Economic Bulletin Issue 4/2019
The ECB has published the Economic Bulletin 4/2019, which provides a comprehensive analysis of the economic and monetary developments, including an evaluation of macroeconomic projections by Eurosystem experts. In particular, this document covers the following aspects: i) external environment, ii) financial developments, iii) economic activity, iv) prices and costs, v) money and credit, and vi) fiscal developments.
Countercyclical capital buffer
(19/06/2019) BdE – Colchón de capital anticíclico
The Bank of Spain (BdE) has decided to maintain the countercyclical capital buffer (CCB) at 0% for credit exposures in Spain, during the third quarter of 2019.
Cyber regulation
(18/06/2019) IOSCO – Final Report on Cyber Task Force
The International Organization of Securities Commission (IOSCO) has published its Final Report on cyber regulation which is intended to serve as a resource for financial market regulators and firms, raise awareness of existing international cyber standards and frameworks, and encourage the adoption of good practices to protect against cyber risk. In particular, this Report examines the application of the CPMI-IOSCO Guidance on cyber resilience for financial market infrastructure; the National Institute of Standards and Technology (NIST) framework for improving critical infrastructure cybersecurity; and the International Organization for Standardization (ISO) 27000 series standards.
(18/06/2019) EC – Delegated Regulation (EU) 2019/981, amending Delegated Regulation (EU) 2015/35 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)
The European Commission (EC) has published the Delegated Regulation (EU) 2019/981, amending the Delegated Regulation (EU) 2015/35 supplementing the Directive on Solvency II. In particular, this Delegated Regulation includes new rules that will ease the capital requirements for insurance institutions and will allow them to invest more in equity and private debt in order to channel funds to the real economy, especially the investment of SMEs.
Central securities depository regulation (CSDR)
(18/06/2019) ESMA – Updated Q&As on the application of the CSDR
The European Securities and Markets Authority (ESMA) has updated its Q&As on the implementation of the Central Securities Depository Regulation (CSDR) in order to promote common supervisory approaches and practices in the application of CSDR. In particular, the new Q&As clarify the interaction between the main authorisation procedure and the passporting procedure; details what should be considered as a change in the range of services provided on a cross-border basis; and addresses the process to be followed in case a host Member State authority disapproves the assessment of the measures proposed by the CSD to comply with the law of that host Member State; among others.
Insurance stress test
(18/06/2019) PRA – Methodology on insurance stress test 2019
The Prudential Regulatory Authority (PRA) has launched its 2019 insurance stress test which covers the life insurance stress test and the general insurance stress test. In particular, the PRA has published the scenario specification, guidelines and instructions for both exercises as well as the templates that are required to comply with.
(17/06/2019) FSB – Sixth Progress report on the implementing the FSB Principles for sound compensation practices and their implementation standards
The FSB has published the sixth Progress Report on the implementation of the FSB's Principles and Standards for sound compensation practices and the evolvement of compensation practices since 2009. In particular, this Report highlights a number of changes for significant banks, such as compensation processes are conducted with greater oversight; compensation arrangements include mechanisms that better align them with effective risk management practices; or the increased focus on compensation as a tool to address conduct risk.
Deposit guarantee schemes
(17/06/2019) EBA – Updated data on Deposit Guarantee Schemes (DGS) across the EU
The EBA has updated data on Deposit Guarantee Schemes Directive (DGSD) in order to enhance the transparency and public accountability of DGSs regarding the available financial means and covered deposits. In particular, the available financial means data as of 31 December 2018 shows that 32 out of a total of 43 DGSs in EU Member States had increased their funds since 31 December 2017; and that the target level of 0.8% of covered deposits had already been achieved by 17 of the 43 DGSs in the EU.
Annual report
(17/06/2019) ESMA – Annual Report 2018
The ESMA has published its Annual Report 2018 which reviews its achievements against its 2018 priorities and objectives in meeting its mission of enhancing investor protection and promoting stable and orderly financial markets in the EU. In particular, this Report focuses on: i) promoting supervisory convergence; ii) assessing risks to investors, markets and financial stability; iii) completing single rulebook for EU financial markets; and iv) directly supervising specific financial entities.
CNMV annual report
(17/06/2019) CNMV – Informe anual sobre los mercados de valores y su actuación 2018
The Spanish National Securities Market Commission (CNMV) has published its Annual Report on 2018 which contains a description of market trends. In particular, this Report covers the following aspects: i) main features of the economic and financial environment and financial market trends; ii) activity of the CNMV in different areas of action (i.e. supervision of markets and financial intermediaries, investor relations and relations with other market participants, and international activity); iii) some aspects of the CNMV's internal organisation and strategy, including FinTech, advice on draft legislation and a set of indicators to evaluate the performance and activity of the CNMV.
(17/06/2019) Fed/FDIC/OCC – Final rule on reduced reporting for Covered Depository Institutions
The Fed, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have published a Final rule on reduced reporting for Covered Depository Institutions that permit insured depository institutions with total assets of less than $5 billion that do not engage in certain complex or international activities to file the most streamlined version of the FFIEC 051 Call Report. In particular, this Final rule would reduce by approximately one-third, the number of existing data items reportable for the first and third calendar quarters.
(14/06/2019) ESMA – Updated Q&As on EMIR data reporting
The ESMA has updated its Q&As on EMIR data reporting to promote common supervisory approaches and practices in the application of EMIR. In particular, these Q&As provide further clarity regarding the implementation of EMIR Refit with respect to: i) Q&A OTC 3 on the calculation framework towards the clearing thresholds; and ii) TR Q&A 51 regarding the notifications to be made by market participants to their competent authorities to apply an intragroup exemption from reporting.
(13/06/2019) ESMA – Updated register of derivatives to be traded on-venue under MiFIR
The European Securities and Markets Authority (ESMA) has updated its public Register of derivative contracts that are subject to the trading obligation under the Markets in Financial Instruments Regulation (MiFIR) in order to add to the list UK venues where the derivatives subject to the trading obligation are available for trading. In particular, this update provides clarity on, among others: i) the classes of derivatives subject to the trading obligation; ii) the trading venues on which those derivatives can be traded; and iii) the dates on which the obligation takes effect per category of counterparties.
Insurance sector's supervision
(13/06/2019) ECB/EIOPA – Common Minimum Standards for data revisions for supervisory and statistical reporting by (re)insurance undertakings
The ECB and the European Insurance and Occupational Pensions Authority (EIOPA) have published the Common Minimum Standards for data revisions in order to align their expectations for the minimum acceptable level of data quality for reporting. In particular, this document specifies the request for revisions to financial institutions, the synchronization (i.e. the same data has to be available at all levels and times), the timeliness, and the need for historical revisions (i.e. review of those issues that affect back-data).
SME's financing
(07/06/2019) FSB – Consultative document on evaluation of the effects of financial regulatory reforms on small and medium-sized enterprise (SME) financing
The FSB has published a Consultative document on the evaluation of the effects of financial regulatory reforms on small and medium-sized enterprise (SME) financing that examines the effects of the post-crisis financial regulatory reforms on the financing of SMEs. In particular, this document focuses on the SME financing trends (i.e. structure, trends and drivers), the financial regulations (i.e. regulation vs other factors, Basel III reforms), the evaluation approach (i.e. methodology, cost-benefit considerations), and the effects of reforms (e.g. effects of G20 reforms on SME financing, or effects across jurisdictions).
ESMA newsletter
(07/06/2019) ESMA – Newsletter Nº5
The ESMA has published the Fifth edition of its Newsletter providing the full list of publications from May and the consultations on EMIR 2.2. In particular, this Newsletter includes 25 publications on, among others, reporting guidelines under Securities Financial Transactions Regulation (SFTR) (e.g. information that should be reported by trade repositories (TRs); Brexit (e.g. application of the trading obligation for shares in a no-deal Brexit); EONIA to €STR transition (e.g. implementation of a legal action plan to ensure a smooth transition); and RTS on the mapping of External Credit Assessment Institutions (ECAIS) under the CRR.
MiFID II
(07/06/2019) ESMA – Update on Double Volume Cap (DVC) data
The ESMA has updated its public register with the latest set of double volume cap (DVC) data under MiFID II. In particular, this updated public register establishes 40 new breaches: 31 equities for the 8% cap, applicable to all trading venues; and 9 equities for the 4% cap, that applies to individual trading venues. Moreover, this register shows that a total of 275 instruments are suspended.
European single electronic format (ESEF)
(07/06/2019) ESMA – Final RTS amending Delegated Regulation (EU) 2018/815 on the updates of the taxonomy to be used for the ESEF
The ESMA has published a Final RTS on the European Single Electronic format (ESEF) to update the core taxonomy to be used for ESEF reporting. In particular, these RTS replace the last version with the most recent one published by the IFRS Foundation in March 2019 in order to promote electronic reporting which is up-to-date with the applicable reporting standards.
Deposit guarantee fund (FGD)
(07/06/2019) BdE – Consulta pública previa del proyecto de circular que modifica la Circular 8/2015, a entidades y sucursales adscritas al FGD, sobre información para determinar las bases de cálculo de las aportaciones
The Bank of Spain (BdE) has launched a Public consultation prior to the preparation of the Draft Circular amending Circular 8/2015, applicable to the branches and entities correspondent to the Deposit Guarantee Fund (FGD) for credit institutions on the information to establish the calculation basis of contributions to the FGD. In particular, this Draft Circular aims to clarify the information that must be submitted related to deposits, as well as to introduce additional information requirements that ensure the correct compliance of FGD cooperation obligations established in the EU.
Decentralised financial technologies
(06/06/2019) FSB – Report on financial stability, regulatory and governance implications of decentralised financial technologies
The FSB has published a Report on the financial stability, regulatory and governance implications of the use of decentralised financial technologies such as those involving distributed ledgers and online peer-to-peer, or user-matching, platforms. In particular, this Report focuses on technologies that may reduce or eliminate the need for intermediaries or centralised processes (i.e. decentralisation of decision-making, risk-taking and/or record-keeping) that have traditionally been involved in the provision of financial services; and notes that the application of these technologies could benefit financial stability in some ways (e.g. greater competition and diversity, and reduce systemic importance of some existing entities) although they may entail risks (e.g. concentration in the ownership and operation of key infrastructure and technology).
Climate risk
(05/06/2019) FSB – 2019 Status Report on Climate-related financial disclosures
The FSB has published a Status Report on Climate-related financial disclosures for 2019, in order to provide an overview of the extent to which companies in their 2018 reports included information aligned with the core Task Force on Climate-related Financial Disclosures (TCFD) recommendations. In particular, this Report highlights the increase of climate-related financial information disclosure since 2016, but still insufficient for investors; the need of more clarity on the potential financial impact of climate-related issues on companies; the non-disclosure of information on the resilience of companies using scenarios' strategies; and the requirement of involvement of multiple functions by mainstreaming climate-related issues (e.g. risk management or finance).
Sustainable finance
(05/06/2019) IOSCO – Report on sustainable finance in emerging markets and the role of securities regulators
The International Organization of Securities Commissions (IOSCO) has published a Report on sustainable finance in emerging markets and the role of securities regulators which explores the trends and challenges that influence the development of sustainable finance in emerging capital markets and provides 10 recommendations for emerging market member jurisdictions to consider when issuing regulations or guidance. In particular, this Report provides recommendations related to: i) integration by issuers and regulated entities of environmental, social and governance (ESG) specific issues in their overall risk assessment; ii) integration by the institutional investors of ESG-specific issues into their investment analysis, strategies and overall governance; iii) ESG-specific disclosures, reporting and data quality; iv) definition and taxonomy of sustainable instruments; v) specific requirements regarding sustainable instruments; and vi) building capacity and expertise for ESG issues.
(05/06/2019) EC – Implementing Regulation (EU) 2019/912 amending Implementing Regulation (EU) No 650/2014 laying down implementing technical standards with regard to the format, structure, contents list and annual publication date of the information to be disclosed by competent authorities in accordance with Directive 2013/36/EU of the European Parliament and of the Council
The European Commission (EC) has published the Implementing Regulation (EU) 2019/912 on the ITS with regard to the format, structure, contents list and annual publication date of the information to be disclosed by competent authorities (CA). In particular, this Implementing Regulation introduces amendments regarding the general remarks on filling templates regarding rules and guidance, options and discretions, supervisory review and evaluation process (SREP), and aggregate statistical data.
Quarterly review
(04/06/2019 BCBS – Quarterly Review. June 2019
The BCBS has published its Quarterly Review of June 2019 which provides information on international banking and financial market developments. In particular, this Review contains information related to concentration in cross-border banking, distribution of cross-border banking relationships, and concentration and the fall in cross-border interbank credit. Moreover, it also provides statistics on, among others, locational banking, consolidates banking, debt securities, derivatives, global liquidity indicators, and total credit to the non-financial sector.
Risk-free rates (RFRs)
(04/06/2019) FSB – User Guide on overnight risk-free rates
The FSB has published a User Guide on overnight risk-free rates (RFRs) in order to encourage adoption of these rates where appropriate (e.g. in business where exposure to bank credit risk is not necessary or desirable). In particular, this Guide provides an overview of RFRs, details on how RFRs are calculated to clarify how overnight RFRs can be used in cash products.
Market fragmentation
(04/06/2019) FSB – Report on market fragmentation
The FSB has published a Report on market fragmentation that explores issues around market fragmentation and considers tools to address them, where appropriate; focusing on instances where reducing market fragmentation might have a positive impact on financial stability or improve market efficiency without any detrimental effect on financial stability. In particular, this Report looks at some examples of financial activities where supervisory practices and regulatory policies may give rise to market fragmentation (e.g. trading and clearing of over-the-counter (OTC) derivatives across borders; banks' cross-border management of capital and liquidity; and the sharing of data and other information internationally).
(04/06/2019) IOSCO – Report on market fragmentation & cross-border regulation
The IOSCO has published a Report on market fragmentation and cross-border regulation in order to identify remaining challenges that can restrict cross-border activities as well as market fragmentation that arises as an unintended consequence of financial regulation. In particular, this Report provides examples of market fragmentation that IOSCO members consider to be significant and potentially harmful to the oversight and supervision of financial markets (i.e. trading and clearing of derivatives); as well as findings from survey respondents, lessons learned and potential ways forward that could assist IOSCO members in reducing and any adverse effects of harmful or unintended regulatory-driven market fragmentation.
(04/06/2019) ESMA – Updated Q&As on the application of the UCITS Directive / Updated Q&As on the application of the AIFMD
The European Securities and Markets Authority (ESMA) has updated its Q&As on the application of the Undertakings for the Collective Investment in Transferable Securities (UCITS) Directive and the Alternative Investment Fund Managers Directive (AIFMD) in order to promote common supervisory approaches and practices in the application of AIFMD and the UCITS. In particular, the new Q&As cover the distinction between depositary functions and mere supporting tasks that are not subject to the delegation requirements; the delegation of safekeeping functions; and the performance of depositary functions where there are branches in other Member States; among others.
MiFID II / MiFIR
(03/06/2019) ESMA – Supervisory Briefing ensuring compliance with the MiFIR pre-trade transparency requirements in commodity derivatives
The ESMA has published an updated version of its supervisory briefing on MiFIR pre-trade transparency requirements in commodity derivatives in order to increase supervisory convergence among national competent authorities (NCAs), in their implementation of the requirements, and to provide a common timetable for the enforcement of the commodity derivatives pre-trade transparency regime. In particular, this document sets a three-step timetable: i) NCAs should gather information on the plans of each relevant trading venue to comply with the pre-trade transparency requirements, and ESMA should assess those plans; ii) NCAs should make sure that all the relevant trading venues either operate under a compliant pre-trade waiver or are pre-trade transparent; and iii) NCAs should take supervisory measures in case of non-compliance.
(03/06/2019) ESMA – Updated Q&As on MiFID II and MiFIR transparency topics
The ESMA has updated its Q&As on the transparency issues under MiFID II and MiFIR in order to promote common supervisory approaches and practices in the application of both rules. In particular, this update includes new Q&As on the mandatory systematic internaliser (SI) regime; the voluntary SI regime; and the quoting obligation for SI in non-trading on a traded venue (TOTV) instruments.
Sustainable finance
(03/06/2019) EIOPA – Consultation Paper on an Opinion on sustainability within Solvency II
The European Insurance and Occupational Pensions Authority (EIOPA) has published a CP on an Opinion on sustainability within Solvency II as part of the strategic activities on sustainable finance that is carrying out, and with the objective of integrating sustainability risks, especially those related to climate change, in the investment and underwriting practices of (re)insurers. In particular, this CP addresses the valuation of assets and liabilities, assesses current investment and underwriting practices and seeks to contribute to the integration of sustainability risks in market risks and natural catastrophe underwriting risks for the solvency capital requirements.
(31/05/2019) FSB – Report on crypto-assets. Work underway, regulatory approaches and potential gaps
The FSB has published a Report on crypto-assets which considers the work underway, regulatory approaches and potential gaps. In particular, this Report concludes that differences in regulation between jurisdictions reflect different national market developments and differences in underlying legal and regulatory frameworks for the respective financial systems; and that gaps may arise from cases where crypto-assets are outside the perimeter of market regulator and payment system oversight, or from the absence of international standards or recommendations.
(31/05/2019) ECB – Calculation of the spread between €STR and EONIA
The ECB has calculated the spread between new euro short-term rate (€STR) and current euro overnight index average (EONIA) based on the methodology on euro risk-free rates which was adopted by the European Money Market Institute (EMMI) for the recalibration of the EONIA methodology. In particular, the spread has been calculated at 0.085% on the basis of daily EONIA and pre-€STR data for the most recent year of publicly available pre-€STR data.
(31/05/2019) ECB – AnaCredit Reporting Manual Part I – General Methodology, second edition / AnaCredit Reporting Manual Part II – Datasets and data attributes, second edition
The ECB has updated the AnaCredit Reporting Manual in order to acknowledge and incorporate the additional explanations provided by the ECB and adjustments to address previous inconsistencies. In particular, the Manual Part 1 covers, among others, the reporting and observed agents; the counterparties in AnaCredit; the instruments covered in AnaCredit; the criteria triggering the reporting obligation; and the concept of credit. In addition, the Manual Part II on Datasets and data attributes covers, among others, financial and accounting datasets as well as counterpart-instrument data.
Real estate loans
(31/05/2019) BdE – Procedimiento para acreditar los conocimientos y competencia del personal que comercialice préstamos inmobiliarios
The Bank of Spain (BdE) has published the procedure to certify the knowledge and competence of the staff trading real estate loans. In particular, this document covers and establishes the requirements to request the BdE's recognition by certification bodies or institutions; and the requirements to request the integration of titles or certificates for the recognition of knowledge and competence requirements into the list of the BdE. Further, it also includes information on the publication of the relationship between relevant certification firms or institutions and the list of titles and certifications; as well as on the procedure for submitting the information required.
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© GMS Management Solutions, S.L., 2019. All rights reserved. The information contained on this publication is of a general nature and does not constitute a professional opinion or an advisory service. The data used in this publication come from public sources. GMS Management Solutions, SL assumes no liability for the veracity or accuracy of such data.