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A&O Shearman

SRB publishes updated guidance on solvent wind-down of trading books

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The Single Resolution Board (SRB) has published updated operational guidance, accompanied by a press release, on the solvent wind-down (SWD) of trading books. The guidance is intended to outline the scope and key expectations...more

A&O Shearman

ECB survey on euro-denominated securities financing and OTC derivatives

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The European Central Bank (ECB) has published the results of its latest survey on credit terms and conditions in euro-denominated securities financing and over-the-counter (OTC) derivatives, with a press release. The survey...more

A&O Shearman

Bank of England 2025 bank capital stress test launched

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The Bank of England (BoE) has launched the 2025 bank capital stress test for the seven largest and most systemic UK banks and building societies. The exercise is the successor to the Annual Cyclical Scenario. The test...more

White & Case LLP

Europe’s NPL markets stall despite regulatory push

White & Case LLP on

A challenging macroeconomic environment has hampered policymakers’ efforts to stimulate the secondary market for non-performing loan deals in Europe - Following the 2008 global financial crisis, the formation of a...more

McDermott Will & Schulte

Erlaubnispflicht für Kreditdienstleister – Dienstleistungen für Non-Performing-Loans sind jetzt erlaubnispflichtig

Mit dem Inkrafttreten des Kreditzweitmarktgesetzes am 30. Dezember 2023 sind Dienstleistungen in Bezug auf sogenannte Non-Performing-Loans, also Kredite, die nicht mehr bedient werden oder vom Ausfall bedroht sind,...more

Goodwin

Fund Finance: 2023 Reflections and Looking Ahead to 2024

Goodwin on

Goodwin is proud to be a platinum sponsor of the 2024 Global Fund Finance Symposium. As next week’s conference approaches and our clients, colleagues, and friends head toward Miami, the Goodwin Fund Finance team has paused to...more

A&O Shearman

Regulatory monitoring Newsletter - January 2024

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1. Bank regulation - 1.1 Prudential regulation - (a) General - (i) Germany - BaFin: Report on risks in focus 2024 (Report über Risiken im Fokus 2024) Status: Final - BaFin has published its annual report on the risks...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 6

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more

A&O Shearman

UAE looks to sustainable finance to boost transition

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There is a growing awareness and demand in the UAE for sustainable investment opportunities. To meet this demand, Jodi Norman and Will Tunstall-Prince explain how recent reforms are now putting sustainable finance at the...more

Cadwalader, Wickersham & Taft LLP

The European Banking Authority’s Guidelines on Resolvability

The European Banking Authority (“EBA”) has published its final report on amendments to its guidelines on improving resolvability under the Bank Recovery and Resolution Directive (2014/59/EU) (BRRD)....more

A&O Shearman

UK Parliament Creates New Sub-Committee on Financial Services Regulations

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The House of Commons Treasury Committee has announced the creation of a new sub-committee that will scrutinize financial services regulatory proposals and has published a report setting out the approach that Parliament will...more

A&O Shearman

European Banking Authority Publishes Final Draft Implementing Technical Standards on Prudential Disclosures of ESG Risks

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The European Banking Authority has published final draft Implementing Technical Standards on Pillar 3 prudential disclosures of environmental, social and governance risks under the EU Capital Requirements Regulation. The ITS...more

A&O Shearman

HM Treasury Proposes Reforms in Latest Financial Services Future Regulatory Framework Review Consultation

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HM Treasury has launched a consultation, the Financial Services Future Regulatory Framework Review: Proposals for Reform. The consultation paper presents the government's response to the feedback received to the October 2020...more

A&O Shearman

European Supervisory Authorities Launch Call for Evidence on the EU's Packaged Retail and Insurance-based Investment Products...

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The European Supervisory Authorities have launched a call for evidence on the EU's Packaged Retail and Insurance-based Investment Products Regulation. The PRIIPs Regulation requires manufacturers of PRIIPs to produce a...more

White & Case LLP

Financial institutions M&A: Specialty Finance/Marketplace Lending

White & Case LLP on

Financial institutions M&A sector trends: specialty finance/marketplace lending — H1 2021 and outlook for H2 2021 - M&A levels dipped in H1 2021. Whilst institutional banks backed trade and B2B finance platforms and VC...more

A&O Shearman

Financial Stability Board Publishes Final Recommendations on Global Stablecoins

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Following its consultation earlier this year, the Financial Stability Board has published a final report on the regulation, supervision and oversight of global stablecoin arrangements. In the report, the FSB discusses the...more

McDermott Will & Schulte

First-Out, Last-Out: Still Trending?

McDermott Will & Schulte on

First-Out, Last-Out structures (FOLO), traditionally a key feature of the European mid-market space, seem to have experienced a gradual decline in some markets – whether because of an inadequate return profile or due to a...more

A&O Shearman

European Banking Authority Phases Out COVID-19 Guidelines on Loan Repayments Moratoria

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The European Banking Authority has confirmed that it will phase out its Guidelines on legislative and non-legislative payment moratoria in accordance with its September 30, 2020 deadline. The EBA originally published the...more

A&O Shearman

EMIR 2.2 Secondary Legislation Published

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Three Commission Delegated Regulations have been published in the Official Journal of the European Union, supplementing the revised European Market Infrastructure Regulation. The Delegated Regulations contain provisions...more

A&O Shearman

European Banking Authority Publishes Survey on Banks' Environmental, Social and Governance Risk Disclosure Frameworks

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The European Banking Authority has published a survey designed to collect information on large banks' disclosure practices on environmental, social and governance risks. The EU Capital Requirements Regulation implements the...more

A&O Shearman

EU Draft Technical Standards Published for Further Delaying Securities Settlement Discipline Rules to 2022

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The European Securities and Markets Authority has published a final report and final draft Regulatory Technical Standards to further postpone the securities settlement discipline rules under the Central Securities...more

Robins Kaplan LLP

Financial Daily Dose 7.17.2020 | Top Story: Consumer Spending Up in June

Robins Kaplan LLP on

Consumer spending at stores and auto dealerships increased in June, the second straight month, but the recent uptick in coronavirus cases could slow future growth....more

Robins Kaplan LLP

Financial Daily Dose 3.3.2020 | Top Story: Promised Central Bank Action Halts Market Slide (for now)

Robins Kaplan LLP on

Despite news of additional COVID-19-related deaths and infections in America, central bankers appear to have bought at least one day of peace for US markets, which posted strong gains on a late surge on Monday, breaking a...more

Robins Kaplan LLP

Financial Daily Dose 12.20.2019 | Goldman nearing $2B deal with DOJ to resolve 1MDB scandal claims

Robins Kaplan LLP on

Goldman Sachs is reportedly in negotiations with federal prosecutors to resolve claims about its role in the Malaysian 1MDB scandal for upwards of $2 billion. A settlement—which “could include a guilty plea from Goldman’s...more

Robins Kaplan LLP

Financial Daily Dose 12.18.2019 | Top Story: Fiat Chrysler and Peugeot Boards Agree to $50 Billion Merger

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Fiat Chrysler and rival Peugeot have agreed to binding merger terms that, if approved by US and European regulators, would create a “$50 billion auto giant that would rank among the world’s largest car companies by sales”....more

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