On 18 December 2024, the German Parliament (Bundestag) passed the Act on the Digitalization of Financial Markets (Finanzmarktdigitalisierungsgesetz, the "Act"). The Act is intended to complement key measures of the European...more
12/24/2024
/ Capital Markets ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Digital Operational Resilience Act (DORA) ,
EU ,
European Commission ,
Financial Markets ,
Financial Services Industry ,
Germany ,
Regulatory Oversight
I. IMPLEMENTING BASEL III THROUGH THE CRR III REGULATION -
The Basel III standards comprise a package of reforms that were largely agreed by the Basel Committee on Banking Supervision ("BCBS") in December 2017 and set out...more
6/21/2024
/ Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Basel III ,
Borrowers ,
Capital Markets ,
Capital Requirements Regulation (CRR) ,
Consumer Financial Products ,
Environmental Social & Governance (ESG) ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
Financial Institutions ,
Financial Services Industry ,
Risk Management ,
Securities
In order to harmonize the regulatory framework governing the European fund market, the European Commission has revised the existing Alternative Investment Fund Manager Directive – Directive 2011/61/EU (the "AIFMD"), with the...more