The European Commission has published a letter (dated 21 January 2025) addressed to the Joint Committee of the European Supervisory Authorities (ESAs) rejecting certain draft regulatory technical standards (RTS) the ESAs...more
The European Supervisory Authorities have published the terms of reference for the EU systemic cyber incident co-ordination framework Forum established under the EU Digital Operational Resilience Act. The Forum will be...more
In a Joint Report published on January 16, 2025, the European Banking Authority (EBA) and European Securities and Markets Authority (ESMA) set out the findings of their analysis on specific elements covered by Article 142 of...more
The European Data Protection Board (EDPB) has released a comprehensive opinion addressing key data protection concerns related to the development and deployment of artificial intelligence (AI) models. The opinion, requested...more
With under six months to go until the European Union Digital Operational Resilience Act (DORA) becomes applicable on 17 January 2025, DORA implementation projects are running full steam ahead. DORA lays down uniform...more
Spätestens seit die Verordnung (EU) 2019/2088 („Offenlegungsverordnung“ oder „SFDR“) am 10. März 2021 in ihren ersten Teilen in Kraft getreten ist, sind sogenannte „Artikel 8-Fonds“ und „Artikel 9-Fonds“ in aller Munde. Die...more
The EU Commission is proposing measures to increase financial sector supervision in the wake of money laundering incidents. The European Commission recently proposed expanding the Europe Banking Authority’s ("EBA") mandate...more
The Joint Committee of the European Supervisory Authorities has published a report on risks and vulnerabilities in the EU financial system. The ESAs are the European Securities and Markets Authority, the European Banking...more
The Joint Committee of the European Supervisory Authorities published a final Report containing Good Supervisory Practices for reducing sole and mechanistic reliance on credit ratings. The ESAs consist of the European Banking...more