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Regulatory Monitoring: EU Version - November 2025

The EBA) launched a consultation on draft Guidelines on the authorisation of third-country branches (TCBs) under Article 48c(8) CRD VI. The Guidelines set out: (i) the list of information to be included in the application,...more

European Council and Parliament reach provisional agreement on EU Payments Package

Earlier today, the Council of the European Union (EU) and European Parliament announced a provisional political agreement on the EU payments package. While the final texts of the third Payment Services Directive (PSD3) and...more

Latest Developments On The EU Sustainability Omnibus (UPDATED)

After months of negotiations in the European Parliament, there is finally some more clarity on where the EU is heading with the European Commission (EC)’s Sustainability Omnibus package, launched late February 2025. This...more

Regulatory Monitoring: EU Version - October 2025

The EBA published a report on white labelling, accompanied by a fact sheet. In the report, the EBA considers the use of white labelling as a business model by the firms that are under its mandate, including credit...more

Regulatory Monitoring: EU Version - September 2025

Our monthly regulatory newsletter monitors all relevant developments regarding European regulatory law in English language. ECB: Consultation on draft Guidelines on managing legacy NPEs in LSIs - Status: Consultation...more

Regulatory Monitoring: EU version - August 2025

Our monthly regulatory newsletter monitors all relevant developments regarding European regulatory law in English language. ECB: Opinion on the supervisory independence of Lietuvos bankas and the prevention of conflicts of...more

Regulatory monitoring: EU version - July 2025

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) EU - EBA: Report on the exemption of third country undertakings from the requirement to set-up a branch for the provision of banking services to EU...more

CRD VI—European Banking Authority report on direct provision of services from third country institutions

This note discusses the European Banking Authority’s (EBA’s) report, published on July 23, 2025, which addresses whether and when EU non-bank entities should be allowed to deal with locally unregulated non-EU banks. In some...more

EBA’s draft regulatory technical standards elaborate on requirements for EU branches of non-EU banks under CRD VI

Directive 2024/1619 (CRD VI) will (among other things) establish a new and more prescriptive EU regulatory regime for EU branches of non-EU banks. New harmonised licencing, authorisation, capital, liquidity, booking, and...more

Council of the EU agrees position on PSD3

On June 18, 2025, the Council of the European Union (EU) took a significant step forward in modernising the EU’s payment services framework by formally agreeing on its negotiating mandate for the Payment Services Directive 3...more

Regulatory monitoring: EU version - June 2025

Our monthly regulatory newsletter monitors all relevant developments regarding European regulatory law in English language....more

Regulatory monitoring: EU Version - May 2025

The study on enhancing EU competitiveness in the banking sector, requested by the ECON, has been published by the Economic Governance and EMU Scrutiny Unit. The study emphasises the importance of a resilient and efficient...more

EU Omnibus and the CSRD – Ten burning questions on the Commission’s proposals

The European Commission formally adopted its proposals for amending the Corporate Sustainability Reporting Directive (“CSRD”) in late February 2025, as part of its highly anticipated sustainability Omnibus package. In this...more

Regulatory monitoring: EU version Newsletter - February 2025

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

Regulatory monitoring: EU version Newsletter - January 2025

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 Simplification Revolution and the Omnibus: What’s Next for EU Sustainability Reporting and Disclosure?

More competitiveness, more coherence and less administrative burden – these are key political priorities for the new European Commission (the Commission) which took office last December. One of the earliest moves under the...more

Eurozone banks: get ready for the new IPR obligations!

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

Instant Payments Regulation - January 2025

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

The EU Corporate Sustainability Due Diligence Directive is final: how can companies prepare?

This is an update to previous bulletins on the Corporate Sustainability Due Diligence Directive (CS3D) which we published in June and September 2024. In a decisive move that marks a new chapter for corporate...more

Regulatory monitoring: EU version Newsletter - November 2024

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

Regulatory monitoring: EU version Newsletter - October 2024

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

Regulatory monitoring: EU version Newsletter - September 2024

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

Regulatory monitoring: EU version Newsletter - August 2024

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

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