News & Analysis as of

European Commission Financial Institutions Consumer Financial Products

Mayer Brown

Outline CRR III / CRD VI - Final Basel III Standards

Mayer Brown on

I. IMPLEMENTING BASEL III THROUGH THE CRR III REGULATION - The Basel III standards comprise a package of reforms that were largely agreed by the Basel Committee on Banking Supervision ("BCBS") in December 2017 and set out...more

Latham & Watkins LLP

EU Revamps Consumer Credit Rules

Latham & Watkins LLP on

The changes will significantly modernise the regime and enhance consumer protections. The EU has adopted a new Consumer Credit Directive, known as CCD2, which repeals and replaces the existing EU consumer credit regime...more

Akin Gump Strauss Hauer & Feld LLP

EMIR - Proposed Changes to EU Derivatives Rules

European Union (EU) proposals for changes to the over-the-counter (OTC) derivatives trading rules are underway. The final rules are not yet agreed, but we set out a summary of the proposals below....more

Hogan Lovells

Consumer finance regulatory news, July 2021

Hogan Lovells on

CCD: European Commission adopts proposed Directive on consumer credits The European Commission has adopted a proposed Directive on consumer credits to revise and replace the Consumer Credit Directive (CCD). The Commission has...more

Hogan Lovells

Consumer finance regulatory news, June 2021

Hogan Lovells on

Recurring subscription payments: European Commission writes to major credit card companies The European Commission has updated its webpage on coordinated actions relating to consumer rights to announce that, together with the...more

Hogan Lovells

Consumer finance regulatory news, July 2020

Hogan Lovells on

Recent regulatory developments of interest to financial institutions with focus on consumer finance. Includes further COVID-19 support for customers, an FCA update on bank overdraft pricing decisions, and more....more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

CFTC Comparability Determination on EU Margin Requirements and a Common Approach on Trading Venues - On October 13, 2017, the U.S. Commodity Futures Trading Commission ("CFTC") announced determinations by the CFTC and the...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

Financial Industry Developments - Class Action Against Lending Club and WebBank Headed to Defeat - On Monday, January 31, 2017, a federal district court in the Southern District of New York granted a motion to...more

K&L Gates LLP

UCITS V Directive—Overview and Practical Implications

K&L Gates LLP on

Changes to the UCITS Directive (known as “UCITS V”) were published in the Official Journal of the European Union and came into force on 17 September 2014. EU Member States are required to transpose UCITS V into national law...more

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