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European Central Bank

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – May 2026 #3

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To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week....more

K&L Gates LLP

Investment Management Client Alert April 2026

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BaFin Consults 9th MaRisk Amendment - On 1 April 2026, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) submitted a draft of a 9th amendment to the “Minimum...more

Hogan Lovells

The Payments Newsletter including Digital Assets & Blockchain, April 2026

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Key developments of interest over the last month include: the European Central Bank publishing a comprehensive Eurosystem Payments Strategy; the Reserve Bank of Australia confirming the decision to remove surcharging, reduce...more

IR Global

US dollar rebounds as US-Iran tensions flare

IR Global on

Pound (GBP) subdued as BoE rate hike bets continue to drop - The pound (GBP) was muted against most of its peers at the end of last week, as expectations for any meaningful tightening from the Bank of England (BoE)...more

White & Case LLP

Greater flexibility for leveraged lending? Current supervisory approaches in the EU, the US and the UK

White & Case LLP on

In the aftermath of the financial crisis bank supervisors increased their scrutiny of leveraged lending by banks due to the high-risk profile of such loans. In 2013/2014, the US supervisors took a prescriptive approach, inter...more

A&O Shearman

Eurosystem's response to EC consultation on the competitiveness of the EU banking sector

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The European Central Bank (ECB) has published its Governing Council's response to the European Commission's targeted consultation on the competitiveness of the EU banking sector. The response builds on the ECB's High-Level...more

A&O Shearman

ECB and ESRB Joint Report On Buffer Usability

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The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) have published a joint report on the usability of capital buffers. The report analyses how prudential and resolution frameworks interact, and how...more

A&O Shearman

ECB Comprehensive Payments Strategy

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The European Central Bank (ECB) has published its comprehensive payments strategy, setting out a consolidated, forward‑looking approach for the development of European payments across wholesale, business‑to‑business, retail...more

A&O Shearman

ECB Streamlines How It Supervises Banks' Internal Models

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The European Central Bank (ECB) has announced changes to streamline the supervision of banks' internal models for credit risk, aimed at making the approval process for material model changes faster and more predictable while...more

A&O Shearman

Corrigendum To ECB Regulation On Oversight Of Systemically Important Payment Systems

A&O Shearman on

A Corrigendum to Regulation (EU) 2025/1355 of the European Central Bank on oversight requirements for systemically important payment systems, was published in the Official Journal of the European Union. The Corrigendum makes...more

A&O Shearman

ECB Calls For PSPs To Participate In Digital Euro Pilot

A&O Shearman on

The European Central Bank (ECB) has launched a call for expression of interest inviting licensed payment service providers (PSPs) to participate in a digital euro pilot, marking a further step in the ECB Governing Council's...more

Jones Day

ECB Redefines Residual Value Risk, Threatening European Auto Loan Securitization Eligibility

Jones Day on

On 27 January 2026, the European Central Bank ("ECB") published a press release together with a draft amending Guideline (ECB 2026/1), pending publication in the Official Journal of the EU, which amends the Eurosystem...more

A&O Shearman

ECB and ONCE Foundation Launch Collaboration to Ensure Digital Euro is Accessible for Everyone

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The European Central Bank (ECB) has announced a collaboration with the ONCE Foundation for Cooperation and Social Inclusion of People with Disabilities to ensure that the proposed digital euro is accessible to all users,...more

IR Global

Cooling Eurozone inflation to weigh on the euro?

IR Global on

A lack of British economic data left the pound (GBP) to trade without a clear trajectory on Tuesday. GBP investors also seemed content to stay on the sidelines ahead of the Bank of England’s (BoE) interest rate decision,...more

Hogan Lovells

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – January 2026

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This month's ESG Regulatory Monthly Round-Up sets out updates from the UK, EU and elsewhere across the globe for January 2026. ...more

A&O Shearman

ECB to accept DLT-based assets as eligible Eurosystem collateral

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The European Central Bank (ECB) has announced that the Eurosystem will accept marketable assets issued in central securities depositories (CSDs) that use distributed‑ledger‑technology (DLT) services as eligible collateral for...more

A&O Shearman

Overview Of The Year Ahead: Regulatory Policy Drivers In 2026

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Trade tensions and broader political risks and uncertainty persist and remain of concern to financial markets and their supervisory authorities generally. Across the UK and EU consistent themes continue to centre around...more

Jones Day

ECB Fast-Track Assessments for Capital Operations and Securitizations

Jones Day on

In January 2026, the European Central Bank ("ECB") introduced a fast-track assessment for certain capital operations and significant risk transfer ("SRT") securitizations, cutting typical decision times from about three...more

A&O Shearman

ECB Response To Targeted Consultation On The Market Risk Prudential Framework

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The European Central Bank (ECB) has published its staff contribution to the European Commission's (EC) targeted consultation on the application of the market risk prudential framework (FRTB). The ECB welcomes the proposal to...more

Jones Day

ECB Climate-Related Enforcement: Legal and Supervisory Implications for the 2026 SREP Cycle

Jones Day on

As institutions enter the 2026 SREP cycle, the ECB is signaling a shift from remediation to enforcement in respect of unresolved climate-risk deficiencies. Following several years of supervisory expectations, thematic...more

A&O Shearman

ECB To Conduct Geopolitical Risk Reverse Stress Test On Supervised Banks

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The European Central Bank (ECB) has announced it will conduct a geopolitical risk reverse stress test on 110 directly supervised banks in the Single Supervisory Mechanism in 2026. In a reverse stress test, a pre-defined...more

A&O Shearman

ECB Proposals On Simplification Of European Bank Prudential Framework And Streamlining Of Supervision

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The European Central Bank (ECB) has contributed to the EU's ongoing simplification agenda by endorsing a series of recommendations for simplification of the EU prudential framework. A total of 17 recommendations were made by...more

Hogan Lovells

Securitisation reform – interpreting the Brussels mood music

Hogan Lovells on

On 17 June 2025, the European Commission (Commission) published a package of proposals for the reform of the European Securitisation Framework (EU Securitisation Reform Proposals). The EU Securitisation Reform Proposals...more

Hogan Lovells

Securitisation reform in focus: from policy to market reality

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Securitisation reform is on the horizon in the EU. A substantial package of measures could unlock the market’s full potential, but it also risks introducing new burdens; we hope that legislators will ensure that existing...more

A&O Shearman

ECB guideline on NPE coverage for LSIs published in OJ

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Guideline (EU) 2025/2595 of the European Central Bank (ECB) has been published in the Official Journal of the European Union. The guideline, adopted on 10 December, sets out a harmonised supervisory approach for national...more

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