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Banking Sector European Union Proposed Regulation

A&O Shearman

EBA consults on draft ITS for supervisory reporting for third-country branches under CRD VI

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The European Banking Authority (EBA) has published a consultation paper on draft implementing technical standards (ITS) for the supervisory reporting of third-country branches under the Capital Requirements Directive (CRD...more

A&O Shearman

EU provisional agreement on regulation amending the Benchmarks Regulation

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The Council of the European Union and the European Parliament have reached a provisional agreement on the proposed Regulation amending the Benchmark Regulation. The proposed Regulation will amend the scope of the benchmark...more

A&O Shearman

European Banking Authority Consults on Draft Regulatory Technical Standards on Structural Foreign Exchange Positions under EU...

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The European Banking Authority launched a consultation on draft Regulatory Technical Standards on the treatment of structural foreign exchange positions under Article 104c of the EU Capital Requirements Regulation and on...more

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Regulatory monitoring: EU version - November 2023

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1. Bank regulation - 1.1 Prudential regulation - The ESRB has published a speech by Christine Lagarde, President of the ECB and Chair of the ESRB, on its first general warning about financial stability risks that it published...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Edinburgh Reforms: Big Bang 2.0 or Thoughtful Change?

Following the recently introduced Solvency UK for insurers, the UK Chancellor of the Exchequer Jeremy Hunt (the UK finance minister) has announced the Edinburgh Reforms, a further series of reforms aimed at the UK financial...more

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European Banking Authority Launches Consultation on Synthetic Securitizations Framework

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The European Banking Authority has launched a consultation on its proposed simple, transparent and standardized framework for synthetic securitization. The paper also seeks feedback from stakeholders on a proposed list of...more

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European Banking Authority Recommends Changes to EU Deposit Guarantee Scheme Directive

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The European Banking Authority has published an Opinion on the eligibility of deposits, coverage level and cooperation between deposit guarantee schemes. The EU Deposit Guarantee Scheme Directive requires the European...more

Orrick - Finance 20/20

Political Agreement Reached on Relocation of EBA

Orrick - Finance 20/20 on

On October 17, the Council of the EU published a press release announcing that it and the European Parliament have reached political agreement on the proposed Regulation on the relocation of the European Banking Authority...more

Orrick - Finance 20/20

ECB Issues Opinion on Proposed Regulation Amending Regulation on Cross-Border Payments

Orrick - Finance 20/20 on

On August 31, the European Central Bank (“ECB“) has published an opinion on the European Commission’s legislative proposal for a Regulation amending the Regulation on cross-border payments....more

A&O Shearman

European Commission Formally Withdraws Proposals for an EU Regulation on Bank Structural Reform

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Following its announcement in its 2018 Work Programme of its intention to withdraw 15 pending EU legislative proposals, the European Commission has announced the formal withdrawal of that legislation, which includes the 2014...more

A&O Shearman

Allen & Overy's weekly update on Key Regulatory Topics - 8 June 2018 – 14 June 2018

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BREXIT - Please see the Payment Systems and Payment Services section for an update on the HoC’s European Scrutiny Committee thirtieth report of the 2017-19 parliamentary session....more

A&O Shearman

European Commission Proposes EU Covered Bonds Legislative Package

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The European Commission has published legislative proposals for a new EU covered bonds framework. The legislative package consists of a proposed Directive on the issue of covered bonds and covered bond public supervision and...more

A&O Shearman

Implications for Non-EU Banking Groups of the EU’s New Intermediate Holding Company Proposals

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The European Commission has published draft legislative proposals which would require large non-EU banking firms with EU operations to establish an intermediate holding company in the EU. The proposed rules are similar to US...more

Katten Muchin Rosenman LLP

EU Securities Financing Transactions Regulation––Shining a Light on Shadow Banking

On June 29, the Council of the European Union announced that its Permanent Representatives Committee (Coreper) approved a final compromise text of the proposed regulation on reporting and transparency of securities financing...more

Katten Muchin Rosenman LLP

Securities Financing Transactions Regulation: Shining a Light on Shadow Banking

On June 29, 2015, the Council of the European Union announced that its Committee of Permanent Representatives (Coreper) approved a final compromise text of the proposed regulation on reporting and transparency of securities...more

Morrison & Foerster LLP

Valuing Derivatives in a Bank Bail-In

Under the EU’s Bank Recovery and Resolution Directive (“BRRD”), one of the key powers given to national resolution authorities is the ability to impose losses on, or “bail-in”, certain financial liabilities of the failing...more

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