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
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
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
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
1. Bank regulation -
1.1 Prudential regulation -
(a) General -
(i) EU -
ECB: Memorandum of Cooperation between ECB and CAs on third-country bank supervision -
Status: Final -
The ECB has published a Memorandum of...more
3/4/2024
/ Anti-Money Laundering ,
Banking Sector ,
Banks ,
Capital Markets ,
Cybersecurity ,
Disclosure Requirements ,
EMIR ,
EU ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment Funds ,
Investment Management ,
MiFID ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Reporting Requirements
In our annual financial services Horizon Scanning webinar, our regulatory team provided an overview of upcoming and expected changes for UK firms.
Partners from our UK team considered regulatory updates on the horizon for...more
1. Bank regulation -
1/1 Prudential regulation -
(a) General -
(i) EU -
EBA: Consultation on amendments to draft RTS on prudent valuation under Article 105(14) of the CRR -
Status: Consultation -
Deadline for the...more
The EU is harmonising the rules on the prudential supervision of EU branches of non-EU banks under CRD VI. The new EU-wide third country branch regime will introduce minimum requirements including capital and liquidity...more
1/26/2024
/ Banking Sector ,
Capital Markets ,
Capital Requirements ,
Capital Requirements Regulation (CRR) ,
Cross-Border ,
EU ,
European Banking Authority (EBA) ,
Governance Standards ,
Grandfathering Rules ,
Intergovernmental Agreements ,
Liquidity ,
NCAs ,
Outsourcing ,
Recordkeeping Requirements ,
Reporting Requirements ,
Third Country Entities (TCEs)
Final provisions on cross-border banking services in the EU published -
CRD VI will bring in uniform minimum prudential requirements for third country branches providing banking services in the EU and, more importantly,...more
1/26/2024
/ Banking Sector ,
Basel III ,
Capital Requirements Regulation (CRR) ,
Credit Institutions ,
Cross-Border ,
EU ,
European Commission ,
Final Rules ,
Grandfathering Rules ,
Investment ,
Jurisdiction ,
Liquidity ,
Luxembourg ,
MiFID ,
New Rules ,
Prudential Standards ,
Reverse Solicitation
1. Bank regulation -
1.1 Prudential regulation -
(a) General -
(i) EU -
EBA: Roadmap on strengthening the Prudential framework -
Status: Final -
The EBA has published its roadmap on the Banking Package, which...more
1/10/2024
/ Anti-Money Laundering ,
Banks ,
Capital Markets ,
Cybersecurity ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment Firms ,
Investment Funds ,
MiFID ,
MiFIR ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Remuneration ,
Risk Management
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
12/4/2023
/ Anti-Money Laundering ,
Banking Sector ,
Banks ,
Basel Committee on Banking Supervision (BCBS) ,
Cybersecurity ,
EMIR ,
ESRB ,
EU ,
European Banking Authority (EBA) ,
FATF ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Reporting ,
Investment Firms ,
Proposed Regulation ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Reporting Requirements ,
Risk Management
The EBA has published the European Supervisory Examination Programme (ESEP) for 2024, which identifies key topics for heightened supervisory attention across the EU. The EBA selected three key topics for supervisory attention...more
Our monthly regulatory newsletter monitors all relevant developments regarding European regulatory law in English language.
Furthermore, we produce detailed briefings to cover key developments in the field of financial...more
9/5/2023
/ Anti-Money Laundering ,
Capital Markets ,
Code of Conduct ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Investment Firms ,
Investment Funds ,
Investment Management ,
MiFID ,
MiFIR ,
Regulatory Agenda ,
Regulatory Oversight ,
Risk Management
Since the beginning of the Brexit transition period, developments in both the UK and EU have impacted the MiFID rules in various ways.
In the UK, there have been changes under the EUWA on-shoring process; “quick-fix”...more
The Council of the EU has announced that it has reached provisional political agreement with the EP on the proposed Directive amending CRD IV as regards supervisory powers, sanctions, third-country branches and ESG risks (CRD...more