This note discusses the European Banking Authority’s (EBA’s) report, published on July 23, 2025, which addresses whether and when EU non-bank entities should be allowed to deal with locally unregulated non-EU banks.
In some...more
Directive 2024/1619 (CRD VI) will (among other things) establish a new and more prescriptive EU regulatory regime for EU branches of non-EU banks. New harmonised licencing, authorisation, capital, liquidity, booking, and...more
7/30/2025
/ Banking Sector ,
Banks ,
Capital Requirements ,
Capital Requirements Regulation (CRR) ,
EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
Financial Services Industry ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management
In order to increase the use of instant credit transfers in euros at Union level, the EU legislators have amended Regulation (EU) No 260/2012 establishing technical and business requirements for credit transfers and direct...more
Although the Regulation of the European Parliament and of the Council (EU) 2023/1114 of 31 May 2023 on crypto-assets markets (the MiCAR) was published in June 2023, the work on laws implementing it in Poland is still in...more
9/4/2024
/ Asset Freeze ,
Banking Sector ,
Capital Markets ,
Cryptoassets ,
Cryptocurrency ,
EU ,
Fees ,
Financial Institutions ,
FinTech ,
New Legislation ,
New Rules ,
Poland ,
Regulatory Oversight
The EU has published its AML Package in the Official Journal of the EU. Here we explore the key changes introduced in the package, what they mean for EU member states – and how they will impact businesses...more
Last month the Polish government published a draft act on crypto-assets (the Draft Act) that aims to align the national legal framework with the EU regulation on crypto-assets. The Draft Act transposes the provisions of the...more
Artificial Intelligence (AI) generative models (such as GPT3 and GPT4) are powerful tools that can create realistic and diverse content, such as images, text, audio, and video, from data or latent variables. However, as these...more