1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) EU -
EBA: Report on the exemption of third country undertakings from the requirement to set-up a branch for the provision of banking services to EU...more
8/5/2025
/ Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Capital Requirements ,
Cross-Border Transactions ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Investment Firms ,
Regulatory Oversight ,
Regulatory Requirements
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
On June 18, 2025, the Council of the European Union (EU) took a significant step forward in modernising the EU’s payment services framework by formally agreeing on its negotiating mandate for the Payment Services Directive 3...more
Our monthly regulatory newsletter monitors all relevant developments regarding European regulatory law in English language....more
The study on enhancing EU competitiveness in the banking sector, requested by the ECON, has been published by the Economic Governance and EMU Scrutiny Unit. The study emphasises the importance of a resilient and efficient...more
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General
(i) EU -
EBA: Updated methodology on the regulatory and supervisory equivalence of non-EU countries -
Status: Final -
The EBA has published its updated...more
4/2/2025
/ Anti-Money Laundering ,
Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Capital Markets ,
Digital Operational Resilience Act (DORA) ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Investment Firms ,
Investment Funds ,
MiFID ,
Payment Services Directive ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Requirements
In this edition of our "MiCAR under the microscope" series, we examine the prudential requirements, with a specific focus on the capital requirements that are applicable to issuers of ARTs and EMTS and CASPs under Regulation...more
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) International -
BCBS: Work programme and strategic priorities for 2025/26
Status: Final -
The BCBS has published its work programme and strategic...more
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) EU -
EC: Communication on EU competitiveness compass -
Status: Final -
The EC has published a communication on a Competitiveness Compass for the EU,...more
The new Regulation (EU) 2024/886 on instant credit transfers in euros (IPR), amending the so-called SEPA Regulation, is here, and it’s time to gear up! Effective from April 8, 2024, the first set of obligations kicks in on...more
1/15/2025
/ Anti-Money Laundering ,
Banking Sector ,
Compliance ,
Economic Sanctions ,
EU ,
Eurozone ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Payment Systems ,
Regulatory Agenda ,
Regulatory Requirements
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
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) International -
FSB: Plenary December 2024 -
Status: Final -
The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of...more
1/6/2025
/ Anti-Money Laundering ,
Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Capital Markets ,
Cybersecurity ,
Digital Operational Resilience Act (DORA) ,
EMIR ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment Firms ,
Investment Funds ,
IOSCO ,
Payment Systems ,
Prudential Regulation Authority (PRA) ,
Real Estate Investments ,
Regulatory Agenda ,
Stock Exchange ,
UCITS
The Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR) has further expanded the panel of regulated entities by introducing the regulatory status of Issuers of Asset Reference Tokens (ART Issuers) and crypto-asset...more
12/12/2024
/ Acquisitions ,
Asset Tokens ,
Cryptocurrency ,
Digital Assets ,
EU ,
Financial Regulatory Reform ,
Financial Services Industry ,
Regulatory Agenda ,
Taxonomy ,
Technology ,
UK ,
UK Cryptoassets Taskforce
The EU and U.K. prospectus regimes govern disclosure requirements for securities offered to the public and/or admitted to trading on a regulated market. Imminent and forthcoming changes to these regimes will have implications...more
12/3/2024
/ Capital Markets ,
Commission Delegated Regulation ,
Debt Market ,
Disclosure Requirements ,
EU ,
EU Prospectus Regime ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Green Bonds ,
Listing Rules ,
Regulatory Agenda ,
Securities ,
UK
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) International -
FSB: 2024 list of global systemically important banks -
Status: Final -
The FSB has published a 2024 list of global systemically...more
12/2/2024
/ Banking Sector ,
Capital Markets ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
FATF ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment ,
MiFID ,
MiFIR ,
Payment Services Directive ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Sustainable Finance ,
UK
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) EU -
ESRB: Speech on old and new frontiers of the ESRB: Systemic risk, non-banks and data analysis -
Status: Final -
The ESRB has published a speech by...more
11/4/2024
/ Banking Sector ,
Capital Requirements Regulation (CRR) ,
ESRB ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
UK
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) EU -
EC: Report on the future of European competitiveness Status: Final -
The EC has published a report on the future of European competitiveness,...more
10/2/2024
/ Banking Sector ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Legislative Agendas ,
Payment Services Directive ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
UK
1. Bank regulation -
1.1 PRUDENTIAL REGULATION
a) General -
(i) EU -
EBA: Opinion on measures in accordance with Article 458 CRR following a notification by the De Nederlandsche Bank -
Status: Final -
The EBA has published an...more
9/4/2024
/ Banks ,
Capital Markets ,
Commission Delegated Regulation ,
EMIR ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment ,
Regulatory Agenda
1. Bank regulation -
1.1 Prudential Regulation -
(a) General -
(i) International -
BCBS: Consultation on report regarding various technical amendments and FAQs -
Status: Consultation -
Deadline for the submission of...more
8/6/2024
/ Anti-Money Laundering ,
Artificial Intelligence ,
Banking Sector ,
Capital Markets ,
Commission Delegated Regulation ,
Digital Assets ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment Funds ,
MiFID ,
MiFIR ,
Payment Systems ,
Prudential Standards ,
Sustainable Finance
On 14 May 2024, ESMA published its final guidelines on funds’ names using ESG or sustainability-related terms (the Guidelines).
As a result, the use of certain environmental, social and governance (ESG) or...more
7/15/2024
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Closed-End Funds ,
Environmental Social & Governance (ESG) ,
EU ,
European Securities and Markets Authority (ESMA) ,
Fund Managers ,
Investment ,
Investment Funds ,
Investment Management ,
Investors ,
New Guidance ,
Regulatory Reform ,
Regulatory Requirements ,
UCITS ,
UK
New EU legislative requirements will reshape how non-EU (including European Economic Area) banks service EU clients on a cross-border basis. In this note we summarise the new regime, its implications for firms providing...more
The Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR) has further expanded the panel of regulated entities by introducing the regulatory status of crypto-asset service providers (CASPs)....more
6/17/2024
/ Corporate Governance ,
Cryptoassets ,
Disclosure Requirements ,
EU ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Fund Managers ,
Investment Management ,
Regulatory Agenda ,
Regulatory Requirements
1. Bank regulation-
1.1 Prudential regulation-
(a) General-
(i) International-
BCBA: Basel III monitoring report-
Status: Final-
BCBS has published its latest monitoring report setting out the impact of the Basel III...more
4/2/2024
/ Anti-Money Laundering ,
Artificial Intelligence ,
Banking Regulators ,
Banking Sector ,
Capital Markets ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment ,
Investment Firms ,
Investment Funds ,
MiFIR ,
Risk Management
The text of the Directive amending the Alternative Investment Fund Managers Directive (AIFMD) (AIFMD II) was published on 26 March 2024 and will enter into force on 15 April 2024.
AIFMD II introduces, among other changes,...more