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A&O Shearman

Delegated Regulations Bringing CTPs Into Scope of ESMA Rules for DRSP Fines and Fees Published in OJ

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Delegated Regulation (EU) 2025/1768 and Delegated Regulation (EU) 2025/884 have been published in the Official Journal of the European Union (OJ), extending the scope of rules on fines and fees for data reporting service...more

Walkers

EU CryptoReg Roundup: August 2025

Walkers on

Welcome to our EU crypto update - a roundup of key Irish and EU legislative and regulatory developments shaping the crypto-asset sector. This update is brought to you by our Regulatory & Risk Advisory practice group in...more

Jones Day

German Government Follows Up On Promise To Change German Supply Chain Act

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On August 29, 2025, the German Government started the legislative process for an amendment to the German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz, LkSG). Pursuant to the draft proposal, the...more

DLA Piper

Horizon - ESG Regulatory News and Trends - August 2025

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Welcome to Horizon, DLA Piper’s monthly bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

A&O Shearman

EBA Publishes Final RTS for Off-balance Conversion Factors Under CRR

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The European Banking Authority (EBA) has published its final draft regulatory technical standards (RTS) concerning the allocation of off-balance sheet items and the specification of factors that may constrain institutions'...more

Jones Day

Sustainability Obligations for Spanish Data Centers

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The draft Royal Decree on the sustainability and energy efficiency of data centers will be subject to public consultation until 15 September 2025. ...more

McDermott Will & Schulte

A step towards CSRD implementation in Germany: The new draft bill of 10 July 2025

On 10 July 2025, the Federal Ministry of Justice presented a revised draft bill for the implementation of Directive (EU) 2022/2464 (Corporate Sustainability Reporting Directive – “CSRD”) as amended by Directive (EU) 2025/794...more

A&O Shearman

EC Publishes Draft Acts Revising REMIT IR and Introducing New Rules for IIPs and RRMS

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The European Commission (EC) has published two draft regulations which aim to modernise and reinforce the transparency and integrity of the EU's wholesale energy markets under Regulation (EU) No 1227/2011 on Wholesale Energy...more

A&O Shearman

Amending Draft EU ITS on Benchmarking of Internal Models

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The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS), amending the Implementing Regulation on the benchmarking of credit and market risk for the 2026 exercise. The EBA...more

Ropes & Gray LLP

US and EU Agree on Trade Framework Agreement – Implications for ESG/CSR Compliance

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On August 21, the US and EU announced that they have agreed on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade. The Framework Agreement expands upon earlier official statements on the US-EU trade deal and...more

A&O Shearman

EBA Confirm Approach to Postponement of Revised Market Risk Framework

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The European Banking Authority (EBA) published a statement confirming that following the European Commission's Delegated Act postponing the application of the market risk framework (FRTB) by one more year, to 1 January 2027,...more

A&O Shearman

EBA Publishes New Q&A in Relation to DORA

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The European Banking Authority (EBA) published single rulebook Q&A relating to the Digital Operational Resilience Act (DORA). The answers to the questions were given by the joint European Supervisory Authorities....more

Ropes & Gray LLP

Ropes & Gray CSRD Transposition Tracker - Updated 8.20.25

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Reporting obligations under the European Union’s Corporate Sustainability Reporting Directive are created under EU member state national legislation adopted pursuant to the CSRD. We have again updated our tracker to reflect...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 25

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

SRB Finalises Operational Guidance for Banks on Resolvability Self-assessment

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The Single Resolution Board (SRB) published its Operational Guidance for Banks on Resolvability Self-Assessment, accompanied by a press release. This marks a shift towards a more structured and standardised approach for banks...more

Bergeson & Campbell, P.C.

The Hidden Risk of Diminished Environmental Data: Could the United States Lose Its “Low-Risk” Status under the EUDR?

The European Union Deforestation Regulation (EUDR), in force since January 1, 2024, mandates that “relevant commodities” linked to deforestation — including cattle, cocoa, coffee, oil palm, rubber, soya, and wood — must not...more

A&O Shearman

EBA issues no-action letter on the application of the ESG Pillar 3 disclosure requirements

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The European Banking Authority (EBA) has issued an Opinion in the form of a no-action letter dated 5 August, addressing the application of ESG Pillar 3 disclosure requirements under the EBA disclosure implementing technical...more

A&O Shearman

ESAs update SFDR Q&As

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The European Supervisory Authorities—the European Banking Authority, European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—have published an updated version of their...more

A&O Shearman

EBA publishes final RTS for operational risk loss under CRR3

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The European Banking Authority (EBA) has published a final report containing three final draft regulatory technical standards (RTS) aimed at standardising the collection and recording of operational risk losses under the...more

Skadden, Arps, Slate, Meagher & Flom LLP

NIS2 Update: EU Cyber Authority Sets Out Compliance Expectations, but Implementation Is a Work in Progress

- What is new: On 26 June 2025, the EU Agency for Cybersecurity (ENISA) published guidance documents setting out security measures that regulated organisations should have in place to comply with the EU’s critical...more

Ropes & Gray LLP

Summer of CSRD Redux: An In-depth Look at EFRAG’s Proposed Changes to the ESRS 1 General Requirements Standard

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As many of our readers will remember, during summer 2023, we published a 10+-part series that examined the requirements of ESRS 1, which is the cross-cutting standard that contains the general requirements for reporting under...more

Paul Hastings LLP

Consolidation of EU Green Deal Regulation on the Horizon

Paul Hastings LLP on

The European Commission is advancing a major regulatory initiative in the form of an Environmental Omnibus Package (Omnibus) to streamline and consolidate core EU environmental legislation. Framed as a simplification effort,...more

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

Pay Transparency Readiness Study 2025

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A&O Shearman's Insights from Leading Employers on the implementation of the EU Pay Transparency Directive - 1. LEGAL BACKGROUND AND MOTIVATION FOR THE SURVEY - The Pay Transparency Directive (EU) 2023/970 (EU Pay...more

A&O Shearman

Suite of technical standards supplementing the EU Green Bonds Regulation and guidelines published in the OJ

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Three Commission Delegated Regulations supplementing the EU Green Bonds Regulation (Regulation (EU) 2023/2631) have been published in the Official Journal of the European Union (OJ), namely: - Commission Delegated Regulation...more

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