The Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR) has further expanded the panel of regulated entities by introducing the regulatory status of crypto-asset service providers (CASPs)....more
6/17/2024
/ Corporate Governance ,
Cryptoassets ,
Disclosure Requirements ,
EU ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Fund Managers ,
Investment Management ,
Regulatory Agenda ,
Regulatory Requirements
1. Bank regulation-
1.1 Prudential regulation-
(a) General-
(i) International-
BCBS: Basel III monitoring report-
Status: Final-
BCBS has published its latest monitoring report setting out the impact of the Basel III...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
/ Banking Sector ,
Banks ,
Capital Markets ,
Cybersecurity ,
Disclosure Requirements ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Investment Funds ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Reporting Requirements ,
Risk Management ,
UK
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
To avoid potential risks to investor protection, as well as to financial stability within the European single market, the Regulation on Markets in Crypto-assets (MiCAR) is about to introduce a harmonised and dedicated set of...more
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
1. Bank regulation -
1.1 Prudential regulation -
(a) General -
(i) Germany -
BaFin: Report on risks in focus 2024 (Report über Risiken im Fokus 2024)
Status: Final -
BaFin has published its annual report on the risks...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
ECB in focus is our blog dedicated to the banking supervisory activities of the European Central Bank (ECB). We report on key developments in European banking regulation led by the ECB as part of the Single Supervisory...more
In addition, we prepare an overview of articles and court decisions published in German legal journals that are relevant to banking or banking supervisory law (in German language only). Furthermore, we produce detailed...more
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
11/2/2023
/ Anti-Money Laundering ,
BaFin ,
Banking Sector ,
Banks ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
FATF ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Germany ,
UK
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 German and European regulatory law in English language.
In addition, we prepare an overview of articles and court decisions published in...more
Our monthly regulatory newsletter monitors all relevant developments regarding German and European regulatory law in English language.
In addition, we prepare an overview of articles and court decisions published in...more
9/5/2023
/ Anti-Money Laundering ,
Banking Sector ,
Banks ,
Capital Markets ,
EMIR ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Germany ,
Investment Firms ,
Investment Funds
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
ECB in focus is our blog dedicated to the banking supervisory activities of the European Central Bank (ECB). We report on key developments in European banking regulation led by the ECB as part of the Single Supervisory...more
7/5/2023
/ Anti-Money Laundering ,
BaFin ,
Banking Sector ,
Banks ,
EU ,
Financial Institutions ,
Germany ,
Investment Funds ,
MiFID ,
MiFIR ,
Money Laundering ,
Sustainable Finance
The EBA has launched a consultation on two RTS and ITS on the functioning of supervisory colleges under the CRD. These new technical standards will ensure that the Level 2 framework for the functioning of supervisory colleges...more
6/1/2023
/ Anti-Money Laundering ,
Artificial Intelligence ,
CCPs ,
Cybersecurity ,
E-Money ,
ELTIF ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Financial Regulatory Reform ,
FinTech ,
Investment Firms ,
Remuneration ,
Securities Regulation ,
Securitization ,
Single Supervisory Mechanism
ECB in focus is our blog dedicated to the banking supervisory activities of the European Central Bank (ECB). We report on key developments in European banking regulation led by the ECB as part of the Single Supervisory...more
6/1/2023
/ Anti-Money Laundering ,
Artificial Intelligence ,
CCPs ,
Cybersecurity ,
E-Money ,
ELTIF ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Financial Regulatory Reform ,
FinTech ,
Investment Firms ,
Remuneration ,
Securities Regulation ,
Securitization ,
Single Supervisory Mechanism